Economy

India Growth Seen At 6.5% In FY27: IMF

Textile Insights April 16, 2026

International Monetary Fund (IMF) has projected India to maintain a steady growth rate of 6.5% in FY27, retaining its position as the world’s fastest-growing major economy despite rising geopolitical tensions in West Asia. In its latest World Economic Outlook released in Washington, D.C., the

Export

India’s Apparel Exports To US Decline Sharply In February

Textile Insights April 16, 2026

India’s textile and apparel exports to the United States recorded a sharp decline in February, reflecting weak demand and intensifying competition from regional peers. Shipments from India fell 28.7% year-on-year, significantly underperforming compared to Bangladesh, which saw a 16.4% drop, while Vietnam posted a 5% growth, according to data from the Office of Textiles and

Apparel, Fashion, Retail

Ajmera Fashion Targets 400+ Stores By 2027

Textile Insights April 15, 2026

Ajmera Fashion Ltd has announced an aggressive retail expansion plan, targeting over 400 stores across India by March 2027, up from its current network of around 250 outlets. The company aims to strengthen its presence not only in metro cities but also in fast-growing Tier II and Tier III markets, improving accessibility to affordable fashion […]

Event

Bharat Tex 2026: India’s Textile Growth Moment

Textile Insights April 15, 2026

Seizing the global opportunity, India’s textile and apparel sector is accelerating toward its ambitious goal of building a US$ 350 billion industry, including US$ 100 billion in exports by 2030. With policy support, expanded trade access and capital alignment, Bharat Tex 2026, scheduled from July 14–17 at Bharat Mandapam, comes at a critical inflection point […]

Economy

FDI Flows Hold Firm As Tech, Policy Shape Investment Trends: Kearney

Textile Insights April 15, 2026

Kearney has released its 2026 Foreign Direct Investment Confidence Index (FDICI), highlighting a resilient yet increasingly selective global investment environment shaped by geopolitical tensions, industrial policy expansion and rapid technological competition. Based on a January 2026 survey of over 500 senior executives worldwide, the report finds that 88% of companies

Policies

India–Oman CEPA Talks Gain Momentum

Textile Insights April 15, 2026

Commerce and Industry Minister Piyush Goyal held talks with his Omani counterpart Anwar bin Hilal bin Hamdoun Al Jabri to advance bilateral trade and investment ties. The discussion focused on unlocking opportunities under the proposed India–Oman Comprehensive Economic Partnership Agreement (CEPA) to strengthen economic cooperation and drive mutual growth. In a social

Financial Results

Snitch Revenue Jumps 80% To Rs 900 Cr In FY26

Textile Insights April 15, 2026

D2C fashion brand Snitch has reported an 80% surge in revenue for FY26, reaching Rs 900 crore compared to Rs 498 crore in the previous fiscal, reflecting strong momentum in India’s fast-growing direct-to-consumer segment. According to unaudited figures shared by founder and CEO Siddharth Dungarwal, the company recorded an EBITDA margin of 2–3%, translating to […]

Cotton

CAI Raises 2025–26 Cotton Estimate To 324 Lakh Bales

Textile Insights April 15, 2026

The Cotton Association of India has raised its estimate of India’s cotton pressing for the 2025–26 season to 324 lakh bales (±3%), reflecting improved output projections across key producing regions. The revised figure, finalised at a Crop Committee meeting held on April 10, 2026, marks an increase of 3.5 lakh bales from the earlier estimate […]

Policies

PLI Round 3 Clears 52 Textile Projects Worth Rs 6708 Crore

Textile Insights April 15, 2026

The government has cleared 52 fresh proposals under the third round of the Production-Linked Incentive (PLI) Scheme for Textiles, with a projected investment of Rs 6,708 crore, reinforcing its push to strengthen high-value manufacturing in the sector. According to the Ministry of Textiles, the approved applications span key segments, including five in man-made fibre (MMF)

Export

Hormuz Blockade Threat Looms Over India’s Exports

Textile Insights April 15, 2026

A potential US naval blockade of the Strait of Hormuz, announced by President Donald Trump after the collapse of peace negotiations with Iran, is raising serious concerns for Indian exporters already grappling with multiple global headwinds. The move could introduce an additional layer of uncertainty for global trade, particularly for India, where exporters are facing […]