Industry

Coimbatore Industry Welcomes ECLGS 5.0 Support

Textile Insights May 11, 2026

Textile industry bodies and MSME associations in Coimbatore have welcomed the introduction of the Emergency Credit Linked Guarantee Scheme (ECLGS) 5.0, stating that it will provide critical liquidity support to businesses facing challenging global conditions. Southern India Mills’

Industry

Bangladesh Warned On Post-LDC Trade Risks

Textile Insights May 11, 2026

A new policy study by South Asian Network on Economic Modeling (SANEM) has cautioned that Bangladesh is not institutionally prepared for the trade challenges that will emerge after its graduation from Least Developed Country (LDC) status in 2026. Authored by Selim Raihan, the report titled Strengthening Trade Competitiveness: Bangladesh’s Strategy for Effective FTAs and

Industry

Textile Manufacturing Stable Despite Cost Pressures: FICCI Survey

Textile Insights May 10, 2026

India’s textile, apparel and technical textiles sector continues to show steady growth momentum despite rising input costs, according to the latest Manufacturing Survey by the Federation of Indian Chambers of Commerce & Industry (FICCI). The 69th edition of the survey highlights that around 76.4% of textile manufacturers reported stable or higher capacity utilisation,

Industry

Strait Of Hormuz Reopening Eases Global Energy Supply Concerns

Textile Insights May 10, 2026

A potential breakthrough in the Strait of Hormuz dispute has raised hopes of easing global energy market pressures after weeks of disruption in one of the world’s most critical shipping routes. According to regional media reports, including Al Arabiya, a tentative agreement has been reached to restore maritime movement through the Strait, following a period […]

Industry

Nigerian Senate Pushes For Revival Of Textile Industry In Kaduna–Kano Corridor

Textile Insights May 10, 2026

The Nigerian Senate has called on the Federal Government to urgently revive the country’s struggling textile industry, with a special focus on the historic Kaduna–Kano industrial belt. The appeal followed a motion moved by Senator Katung Sanday Marshall of Kaduna South, and co-sponsored by five other lawmakers, highlighting the steep decline of a sector that […]

Industry

Nigeria And India Deepen Cooperation To Revive Textile Industry

Textile Insights May 10, 2026

Nigeria and India have stepped up efforts to revive Nigeria’s struggling textile sector through investment partnerships, technology transfer, skills development, and expanded bilateral trade initiatives. The development was highlighted at the Textile Meet and Business-to-Business (B2B) Nigeria–India engagement held at the Indian High Commission in Abuja. India’s High

Industry

Walter Reiners Foundation Honours Young Innovators At Techtextil 2026

Textile Insights May 7, 2026

The Walter Reiners Foundation honoured five young engineers for outstanding academic achievements during an award ceremony held at Techtextil 2026 in Frankfurt. The awards, presented by Peter D. Dornier, recognised innovative bachelor’s, project and master’s theses focused on textile technology, sustainability and advanced manufacturing processes. In the sustainability

Industry

Bangladesh Plans Revival Of Closed Textile And Jute Mills

Textile Insights May 7, 2026

The Bangladesh government has initiated efforts to revive hundreds of closed textile, garment and jute factories as the country’s industrial sector continues to struggle with mounting economic and operational challenges. According to reports, Prime Minister Tarique Rahman recently held discussions with officials from the Textiles and Jute Ministry regarding plans to reopen

Industry

India Textile Output Declines In March

Textile Insights May 6, 2026

India’s textile industry experienced a broad-based slowdown in March, with production declining across key segments amid rising input costs and supply chain disruptions linked to geopolitical tensions in West Asia. Overall textile manufacturing contracted by 3.6% during the month, reflecting weakness in both upstream and downstream segments. The sharpest decline was

Industry

Ganga Expressway To Boost Textile Logistics And Industrial Growth In UP

Textile Insights April 30, 2026

Prime Minister Narendra Modi inaugurated the 594-km Ganga Expressway, a major infrastructure project expected to significantly strengthen textile logistics and industrial expansion in Uttar Pradesh. Chief Minister Yogi Adityanath was also present. The six-lane corridor, connecting Meerut to Prayagraj, will cut travel time by nearly half, enabling faster movement of textile