Economy

India Targets 10% Share Of Global Merchandise Exports By 2047: WTO

Textile Insights July 23, 2026

India aims to increase its share of global merchandise exports from around 1.8 per cent in 2024 to nearly 10 per cent by 2047, as part of its long-term Viksit Bharat development vision, according to a World Trade Organisation (WTO) report. The WTO said India has maintained various duty

Economy

China Becomes Major Trading Partner For Over 160 Countries And Regions

Textile Insights July 23, 2026

China has emerged as a major trading partner for more than 160 countries and regions, with the country continuing to diversify its import sources to meet growing consumer demand, according to a senior customs official. During the 15th Five-Year Plan period, covering 2026 to 2030, China will continue expanding imports while improving the efficiency of […]

Export

UK, Oman Trade Deals Open New Export Opportunities For Gujarat

Textile Insights July 23, 2026

Gujarat’s export-oriented industries are expected to gain from India’s recent trade agreements with the UK and Oman, with lower tariffs and wider market access likely to benefit sectors such as engineering, ceramics, textiles, jewellery and pharmaceuticals. The India-UK Comprehensive Economic and Trade Agreement (CETA) came into force on July 15, eliminating tariffs on 99

Machinery

KARL MAYER Launches World’s Fastest Four-Bar Short-Stroke Tricot Machine

Textile Insights July 23, 2026

KARL MAYER has introduced the HKS 4-S EL, a new high-performance four-bar short-stroke tricot machine designed to combine high speed with enhanced production flexibility. With a maximum speed of 2,500 rpm, the HKS 4-S EL is currently the world’s fastest four-bar short-stroke machine in the warp knitting sector. The machine offers a maximum working width […]

Event

CMAI Highlights India’s Apparel Strength And Global Ambitions At Bharat Tex 2026

Textile Insights July 23, 2026

The Clothing Manufacturers Association of India (CMAI) concluded its participation at Bharat Tex 2026, showcasing India’s growing strength as a global apparel manufacturing and sourcing destination. As a partner of Bharat Tex since its inception, CMAI facilitated the participation of more than 100 exhibitors across apparel, textiles, brands and sustainability initiatives.

Policies

India’s Textile Exports Get Zero-Duty Access To UK Under CETA

Textile Insights July 23, 2026

India’s textile and apparel exporters have secured zero-duty access across 1,143 specific tariff lines in the UK market under the India-UK Comprehensive Economic and Trade Agreement (CETA), removing tariffs that previously reached up to 12 percent. The agreement provides duty-free or reduced-tariff access for 99 percent of Indian goods entering the UK, while 90 percent

Corporates

Bombay Dyeing Stops Counterfeit Sale In Hyderabad Housing Society

Textile Insights July 23, 2026

Bombay Dyeing has prevented an attempted sale of counterfeit products at a residential housing society in Hyderabad, strengthening its ongoing efforts to protect consumers from fake products sold under its brand name. The proposed sale was promoted through flyers advertising Bombay Dyeing bedsheets at heavily discounted prices, including a Buy 1 Get 2 Free offer. […]

Apparel, Fashion, Retail

Kosakari Takes Chhattisgarh’s Kosa Silk To The Global Conscious Luxury Market

Textile Insights July 23, 2026

Chhattisgarh’s GI-tagged Kosa Silk is gaining recognition in the growing conscious luxury market, with premium handloom brand Kosakari working to expand the textile’s reach in domestic and international markets. Known for its natural golden sheen, durability, lightweight feel and rich weaving heritage, Kosa Silk has historically remained relatively underrepresented despite

Apparel, Fashion, Retail

Van Heusen Innerwear Opens Exclusive Store In Karad

Textile Insights July 23, 2026

Van Heusen Innerwear, from the house of Aditya Birla Lifestyle Brands Ltd., has expanded its retail presence in Maharashtra with the launch of a new 700 sq. ft. exclusive store in Karad. The store was inaugurated by Preeti Gupta, Chief Business Officer, Van Heusen Innerwear, and Shivaji Keshav Salunkhe, Franchise Partner, Van Heusen Innerwear, Karad. […]

Corporates

Woolmark Company Strengthens Australia-India Textile Partnership At Bharat Tex 2026

Textile Insights July 23, 2026

The Woolmark Company, together with Austrade and the Australian High Commission, highlighted Australia’s long-standing commitment to India’s wool and textile industry at Bharat Tex 2026. The participation marked more than five decades of engagement between the Australian wool industry and India’s textile ecosystem. Through industry engagement, technical innovation,