Corporates

S.P. Apparels Infuses Capital Into UK Subsidiary To Support Expansion

Textile Insights April 27, 2026

S.P. Apparels Ltd has announced an additional equity investment of GBP 500,000 (approximately Rs 6.31 crore) in its wholly-owned subsidiary, The S.P. Apparels UK P Ltd, as part of its strategy to strengthen international operations. The investment, made through cash consideration, will be

Corporates

Vardhman Polytex Approves Land Sale At Ludhiana Unit To Strengthen Finances

Textile Insights April 27, 2026

Vardhman Polytex has approved the sale of a portion of its land parcel at its Ludhiana unit as part of its strategy to improve liquidity and support future growth. The company’s Board of Directors, at its meeting held on April 21, 2026, cleared the sale, transfer or disposal of land measuring approximately 26 acres at […]

Economy

Bangladesh, Ethiopia Boost Economic Ties

Textile Insights April 24, 2026

Bangladesh and Ethiopia have moved to strengthen bilateral ties, signalling a renewed push toward deeper economic and investment cooperation. During an official visit to Addis Ababa, Bangladesh’s Foreign Minister Dr Khalilur Rahman held talks with his Ethiopian counterpart, Gedion Timothewos, where both sides reviewed existing relations and explored new avenues of

Export

Textile Exporters Eye India–U.S. Talks To Unlock Tariff Refunds

Textile Insights April 24, 2026

Indian exporters are pinning their hopes on diplomacy rather than litigation to recover funds tied up in U.S. tariff disputes, as prolonged legal processes continue to offer limited clarity and slow outcomes. Businesses across sectors such as steel, aluminium, engineering goods and select manufactured products remain affected by the additional duties imposed by the United

Policies

India–GCC FTA Talks Open New Opportunities For Textile Trade

Textile Insights April 24, 2026

India and the Gulf Cooperation Council (GCC) have formally launched negotiations for a comprehensive Free Trade Agreement (FTA), a move expected to significantly enhance prospects for India’s textile and apparel sector. The negotiations were initiated following the signing of a joint statement in New Delhi by Union Commerce and Industry Minister Piyush Goyal and GCC […]

Policies

India–NZ Trade Deal Moves Forward After Labour Support

Textile Insights April 24, 2026

New Zealand has moved a step closer to finalising its Free Trade Agreement (FTA) with India after the Labour Party agreed to support the deal, despite raising key concerns. Labour’s backing was crucial, as opposition from New Zealand First meant the ruling coalition required additional votes to pass the necessary legislation. With this support, the […]

Cotton

Caught In The Squeeze: Rising Cotton Costs Weigh On India’s Spinning Mills

Textile Insights April 24, 2026

India’s textile value chain is facing renewed pressure as a sharp rise in cotton prices tightens margins for spinning mills already grappling with weak downstream demand and global uncertainties. The benchmark Shankar-6 cotton variety, largely produced in Gujarat, has climbed to around Rs 60,500 per candy (356 kg), marking an increase of about 8.5% over […]

Export

India’s Textile Exports Grow 2.1% To Rs 3.16 Lakh Crore In FY26

Textile Insights April 24, 2026

India’s textile exports, including handicrafts, recorded a growth of 2.1 percent in FY 2025-26, reaching Rs 3,16,334.9 crore compared to Rs 3,09,859.3 crore in the previous financial year, according to data released by the Ministry of Textiles on Wednesday. The steady performance highlights sustained global demand for Indian textile products and the continued

Sustainability

Vietnam, UNIDO Launch US$ 72 Million Green Industry Program

Textile Insights April 23, 2026

Vietnam and the United Nations Industrial Development Organization have signed a new Country Programme for Inclusive and Sustainable Industrial Development for 2025–2028, marking a major step toward accelerating the country’s green industrial transition. Signed in Hanoi on April 20, the US$ 72 million initiative aims to modernise Vietnam’s manufacturing sector through a

Technical Textile & Nonwoven

MIC Spa Showcases Smart Yarn Innovation At Techtextil 2026

Textile Insights April 23, 2026

Italian yarn specialist MIC Spa is presenting its latest innovations at Techtextil 2026 in collaboration with Shima Seiki Italia, highlighting the evolution of yarn into a high-performance technological component. At the centre of the showcase is the EXTE 2.7 yarn, engineered for advanced applications and used to create technical gloves directly on Shima Seiki machines.