Economy

India Records US$ 4.7 Billion Current Account Surplus In April 2026

Textile Insights June 18, 2026

India recorded a current account surplus of US$ 4.7 billion in April 2026, reflecting the country’s growing external sector strength despite global economic uncertainties and capital market volatility. The surplus was supported by a sharp rise in remittances and robust foreign direct

Industry

US-Iran Deal To Boost India’s Textile Industry: CITI

Textile Insights June 18, 2026

The Confederation of Indian Textile Industry (CITI) has welcomed the announcement by US President Donald Trump regarding a proposed agreement with Iran aimed at ending the ongoing conflict in West Asia. The industry body expressed optimism that the development will restore stability in the region and provide significant relief to India’s textile and apparel sector.

Corporates

KARL MAYER Signs Agreement To Transfer Selected STOLL Assets To CIXING Group

Textile Insights June 17, 2026

KARL MAYER has signed an agreement to transfer selected assets from its former STOLL flat knitting business to Ningbo Cixing Co., Ltd., (CIXING Group), marking a significant step in the company’s strategic realignment. Earlier this year, KARL MAYER announced its decision to concentrate on its core business segments Warp Knitting, Warp Preparation and Technical

Sustainability

Surat Textile Industry Focuses On Sustainability At Workshop On Green Manufacturing

Textile Insights June 17, 2026

As global markets increasingly shift toward cleaner and more responsible production systems, Surat’s textile industry has intensified its focus on sustainability, energy efficiency, and green technologies across the manufacturing value chain. A sector-focused awareness workshop titled Sustainable Practices and Green Technologies for the Textile Sector was recently held in

Apparel, Fashion, Retail

Peter England Unveils New Retail Identity Inspired By Londonderry Legacy

Textile Insights June 17, 2026

Peter England, one of India’s most popular menswear brands from the house of Aditya Birla Lifestyle Brands Limited, has unveiled its refreshed retail identity, marking a significant milestone in its brand evolution. The new identity debuts at the brand’s largest store in Bihar, a 3,000 sq. ft., flagship spread across two floors, located in Kankarbagh, […]

Event

India Emerges As Technical Textiles Powerhouse: TAI Mumbai Unit To Host Landmark Seminar In Vapi

Textile Insights June 17, 2026

The Textile Association (India), Mumbai Unit has announced a major industry seminar titled Future Trends in Technical Textiles, scheduled for 22nd August 2026 at Daffodil Hall, Hotel Fortune Park Galaxy, Vapi, Gujarat. The seminar is expected to draw over 200 textile technologists, policymakers and corporate leaders from across the country at a time when India’s […]

Apparel, Fashion, Retail

Ajmera Fashion Launches Contemporary Kaftan Suit Set Collection For The Modern Indian Woman

Textile Insights June 17, 2026

Ajmera Fashion has introduced its latest Kaftan Suit Set Collection, bringing a contemporary interpretation to ethnic-inspired fashion. Designed for today’s modern woman, the new range combines traditional Indian aesthetics with comfort, versatility, and contemporary styling. Known for its strong presence in the fashion market, Ajmera Fashion continues to create

Home Textiles

Nesterra Launches New Collection Celebrating Craftsmanship, Luxury And Performance

Textile Insights June 17, 2026

Nesterra, the home textiles brand from Sutlej Textiles and Industries Limited, part of the K.K. Birla Group, has unveiled its latest collection, a premium range that seamlessly blends design, craftsmanship, performance, and responsible manufacturing. Built around three distinct themes Featuring You, Flawless and Everyday Luxe, the collection offers an extensive portfolio

Cotton

Duty-Free Cotton Imports Set To Lift Stocks In 2025-26

Textile Insights June 17, 2026

India’s cotton imports are expected to surge to 60–65 lakh bales (170 kg each) in the 2025-26 season following the government’s decision to remove import duty on cotton, a move aimed at ensuring adequate availability of quality fibre for the textile industry. According to the Cotton Association of India (CAI), cotton imports had already reached […]

Economy

India’s New FTAs To Boost Manufacturing And Exports

Textile Insights June 17, 2026

India’s new-generation Free Trade Agreements (FTAs) are expected to accelerate manufacturing growth, revive private investment, and strengthen global supply-chain integration, according to Yes Securities. The brokerage highlighted Electronics, Pharmaceuticals, and Engineering Goods as the biggest beneficiaries, while noting that the agreements, combined with