Industry

Surat Textile Industry Welcomes Duty Relief

Textile Insights June 26, 2026

The textile industry in Surat and South Gujarat has welcomed the Central government’s decision not to impose anti-dumping duties on imports of Nylon Filament Yarn (NFY), Viscose Filament Yarn (VFY) and Spandex Yarn, describing the move as a major relief for the sector. Industry

Fabric

Philippines Pushes Tropical Fabrics Compliance

Textile Insights June 26, 2026

The Department of Science and Technology–Philippine Textile Research Institute (DOST-PTRI) is stepping up efforts to strengthen compliance with the Philippine Tropical Fabrics (PTF) Law, saying full implementation across government agencies could generate an estimated P17.8-billion annual market for the country’s textile industry. Under Republic Act No. 9242, all

Corporates

Welspun Living Set To Benefit From India’s Textile Export Opportunity

Textile Insights June 25, 2026

India’s textile sector is entering a favourable growth phase, driven by global supply chain diversification, improving demand visibility and stronger sourcing activity from international retailers, according to a recent report by Motilal Oswal. The report notes that global brands and retailers are increasingly seeking to reduce their dependence on China and

Industry

Indian Textile Exporters Step Up Supply Chain Compliance

Textile Insights June 25, 2026

India’s textile and apparel industry is strengthening supply-chain transparency, traceability and ethical sourcing practices as global markets tighten regulations on forced labour and responsible sourcing. The renewed focus comes after the United States Trade Representative (USTR) proposed a 12.5% tariff under Section 301 on imports from India and several other countries

Export

Textile Ministry Unveils Roadmap To Achieve US$100 Billion Textile Exports By 2030

Textile Insights June 25, 2026

The Ministry of Textiles has launched a nationwide initiative aimed at boosting India’s textile and apparel exports to US$ 100 billion by 2030, bringing together state governments, industry associations and exporters at a two-day summit held on Tuesday. The summit served as a platform to identify strategies for accelerating export growth from major textile clusters

Industry

Nishant Mhatre Receives International Excellence Award

Textile Insights June 25, 2026

Nishant D. Mhatre, an active member of the Indian Textile Accessories & Machinery Manufacturers’ Association (ITAMMA), has been honoured with the prestigious Certificate of International Excellence, along with an award and medal, by the Global Research Foundation, USA. The recognition was conferred during an award ceremony held on May 30, 2026, at The Denissons

Corporates

Youngone To Expand Its Textile Operations In Uzbekistan

Textile Insights June 24, 2026

South Korean textile and apparel manufacturer Youngone Corporation has announced plans to invest an additional US$ 40 million in Uzbekistan over the next three years as it seeks to expand its manufacturing footprint and build a fully integrated textile value chain in the country. The investment plan was unveiled by company President Park Jae-yong during […]

Cotton

Monsoon Delays And Global Trends Support Cotton Market

Textile Insights June 24, 2026

Indian cotton prices have strengthened in recent days, supported by a rally in international cotton futures and concerns over delayed monsoon progress in key cotton-growing regions. The Cotton Corporation of India (CCI) has increased its cotton prices by nearly Rs 1,100 per candy (356 kg), reflecting stronger market sentiment and improving demand from spinning mills. […]

Industry

Govt Extends Anti-Dumping Duty On Chinese PET Resin Till 2031

Textile Insights June 24, 2026

The Government of India has extended the anti-dumping duty on imports of Polyethylene Terephthalate (PET) Resin from China for another five years, aiming to safeguard domestic manufacturers from unfairly priced imports. The decision follows a sunset review conducted by the Directorate General of Trade Remedies (DGTR), which concluded that the withdrawal of the duty could

Export

India Gains Ground As China Loses Apparel Share

Textile Insights June 24, 2026

India’s textile and apparel export sector is expected to benefit from shifting global sourcing patterns as China’s dominance in apparel exports continues to weaken, according to a report by Motilal Oswal. The report highlights growing optimism among global apparel brands and retailers, driven by stabilising inventory levels, improved sales trends, and a gradual recovery in