Economy

DuPont Global Awards Honour Breakthrough PPE & Emergency Response Innovations

Textile Insights November 24, 2025

DuPont has announced the global winners of its 2025 DuPont Innovation Awards for Thermal and Mechanical Protection, celebrating breakthrough products in personal protective equipment (PPE) and emergency response. This marks the first year the awards were opened globally to innovations using

Economy

Giriraj Singh Inaugurates Special Handloom & Handicraft Exhibition At IITF 2025

Textile Insights November 24, 2025

Union Minister of Textiles Giriraj Singh inaugurated the Special Handloom & Handicraft Exhibition-cum-Sale at the India International Trade Fair (IITF) in Bharat Mandapam, New Delhi. The event was attended by Neelam Shami Rao, Secretary, Ministry of Textiles, along with senior ministry officials. Speaking at the inauguration of the Textiles Pavilion, the Minister said

Economy

German Economic Outlook Weakens As LEI Falls

Textile Insights November 9, 2025

The Conference Board Leading Economic Index (LEI) for Germany fell for the second consecutive month in August 2025, declining 0.5% to 87.6 (2016=100), following a 0.2% drop in July. Despite the recent monthly declines, the LEI still recorded 0.3% growth over the past six months, the same pace as the previous six-month period. The Conference […]

Economy

Germany’s Fiscal Expansion Expected To Lift Growth Above Forecasts, Says Goldman Sachs

Textile Insights November 9, 2025

Germany’s plan to significantly increase spending on infrastructure and defence is set to push economic growth above its long-run potential and above current market expectations over the next several years, according to a new outlook from Goldman Sachs Research. The government led by Chancellor Friedrich Merz has announced €500 billion in infrastructure investment over 12

Economy

Vietnam, Austria Seek Stronger Ties In Skilled Labour And Investment

Textile Insights November 6, 2025

Vietnam is looking to deepen cooperation with Austria in skilled labour exchange and investment, Vietnamese Ambassador to Austria Vu Le Thai Hoang said during a working session with Rene Tritscher, head of the Austrian Business Agency (ABA). Ambassador Hoang highlighted Vietnam’s favourable investment climate, inviting Austrian companies to explore opportunities in

Economy

Staubli Unveils SAFIR PRO S37 Automatic Drawing-in Machine At ITMA Asia 2025

Textile Insights October 29, 2025

At ITMA Asia 2025, Staubli has unveiled its latest innovation, the SAFIR PRO S37 automatic drawing-in machine, setting new benchmarks in weaving automation and precision. Designed to handle filament yarns at high speed, the SAFIR PRO S37 ensures efficient workflow and exceptional fabric quality, catering to demanding applications such as airbags, sportswear, waterproof

Economy

AUTEFA Solutions Showcases Production Technology At ITMA Asia 2025

Textile Insights October 29, 2025

AUTEFA Solutions is showcasing its full-line production technology at ITMA Asia + CITME 2025 Representing its three Business Units, Nonwovens, Baling Technology, and Woollen Carding — the company is featuring state-of-the-art machinery, including the trade-fair premiere of the Stylus ONE needle loom. The Stylus ONE, based on proven Fehrer technology, delivers up to 1,500

Economy

ADB Approves US$ 52.7 Mn Loan To Boost Cambodia’s Renewable Energy Grid

Textile Insights September 23, 2025

The Asian Development Bank (ADB) has approved a US$ 52.72 million loan to support Cambodia’s Grid Expansion Project, aimed at strengthening the national transmission network and integrating more renewable energy into the power system. The project will help meet rising electricity demand with cleaner, locally generated power. Cambodia has rapidly expanded domestic

Economy

Trade Deal by November? India–US Talks Regain Momentum

Textile Insights September 18, 2025

India and the United States formally resumed trade negotiations on Tuesday, with both sides describing the discussions as “positive and forward-looking.” The commerce ministry said the talks covered “various aspects of the trade deal” and that efforts would be intensified to reach an early conclusion of a mutually beneficial agreement. The US delegation was led […]

Economy

Chinese Investment In Bangladesh Jumps 300%; Dhaka Eyes Deeper Economic Ties

Textile Insights September 17, 2025

Chinese investment in Bangladesh has surged 300%, underscoring Beijing’s growing role in the country’s economic landscape, Commerce Adviser Sheikh Bashir Uddin said on Friday. Speaking at the ‘Belt and Road Initiative in Bangladesh Exhibition’ at the Bashundhara Convention Centre, he stressed that enhanced collaboration with China could further accelerate Bangladesh’s