Export

India’s T&C Exports Rebound With 6.1% Growth In FY25

Textile Insights July 9, 2025

After weathering two challenging years of declining demand and global uncertainty, India’s textile and clothing sector has begun to script its comeback story. After facing two consecutive years of decline, India’s textile and clothing (T&C) exports have shown a significant rebound in FY

Machinery

Global Textile Machinery Shipments Show Mixed Trends In 2024

Textile Insights July 9, 2025

The global textile machinery sector recorded a mixed performance in 2024, according to the 47th annual International Textile Machinery Shipment Statistics (ITMSS) released by the International Textile Manufacturers Federation (ITMF). Shipments of new short-staple spindles and open-end rotors declined sharply by 40% and 39% year-on-year, respectively. In contrast,

Trade & Market

Indian Textile Stocks Surge As US Slaps 35% Tariff On Bangladesh

Textile Insights July 9, 2025

Indian textile exporters saw a sharp rally on Tuesday morning after US President Donald Trump announced a 35% reciprocal tariff on Bangladeshi goods, effective August 1, 2025. The move boosted investor sentiment in Indian textile stocks, which are seen as potential beneficiaries of the shift in US sourcing preferences. Yesterday, Gokaldas Exports led the rally, […]

Policies

US, India Close To Trade Deal Ahead Of Tariff Deadline

Textile Insights July 9, 2025

The United States is close to finalizing a mini trade deal with India, President Donald Trump announced on Tuesday, as his administration issued reciprocal tariff notices to several global trading partners. The move follows Trump’s earlier imposition of a 26% tariff on Indian imports in April 2025, which was later eased to 10% for a […]

Industry

Cambodia’s Garment Sector Faces Uncertainty Amid US Tariff Impact

Textile Insights July 9, 2025

A recent survey conducted by Better Factories Cambodia (BFC), in collaboration with the International Labour Organization (ILO) and International Finance Corporation (IFC), reveals significant concerns for Cambodia’s garment, footwear, and travel goods sector, following the announcement of reciprocal tariffs by US President Donald Trump on April 2. According to the survey,

Industry

KCG Textiles Launches New Spinning Factory In Egypt’s 10th Of Ramadan City

Textile Insights July 8, 2025

Minister of Investment and Foreign Trade Hassan El-Khatib attended the launch of KCG Textiles’ new spinning factory in 10th of Ramadan City, reaffirming foreign investor confidence in Egypt’s industrial sector. El-Khatib highlighted that the Turkish company’s expansion aligns with Egypt’s strategy to boost exports and strengthen its position as a regional

Industry

ACIMIT Urges Focus On ‘Made In Italy’ As Exports And Production Decline

Textile Insights July 8, 2025

At ACIMIT’s General Assembly held on 4 July at the Ferrari Museum in Maranello, President Marco Salvadè stressed that enhancing the value of Made in Italy must be at the heart of the Italian textile machinery industry’s strategy in the years ahead. Presenting the 2024 figures, Salvadè reported an 8% drop in production (€2.1 billion) […]

Industry

98,619 Mumbai Mill Workers Eligible For MHADA Homes: Dy CM Shinde

Textile Insights July 8, 2025

Deputy Chief Minister and Urban Development and Housing Minister Eknath Shinde has announced that a total of 98,619 textile mill workers in Mumbai have been deemed eligible for housing under a special campaign jointly conducted by the Maharashtra Housing and Area Development Authority (MHADA) and the state labour department. In a written reply to a […]

Export

Chinese Textile Exports Remain Resilient Despite Tariffs

Textile Insights July 8, 2025

China’s textile sector has shown resilience in early 2025, maintaining stable export performance despite continued U.S. tariffs, according to official data released by the Ministry of Industry and Information Technology (MIIT). From January to April 2025, the value-added output of textile enterprises with annual revenues exceeding 20 million yuan (approximately US$ 2.8

Product Launch & Innovation

VIP Clothing Launches Youth-Focused Yuwa Series In South India

Textile Insights July 8, 2025

Following the successful debut of Frenchie X in Kerala, VIP Clothing Limited has further strengthened its foothold in South India with the launch of the Yuwa Series, a bold new innerwear collection crafted for India’s style-conscious youth. Part of the brand’s strategic growth roadmap, the Yuwa Series is designed to resonate with Gen Z and […]