November 6, 2026
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Industry

Bangladesh Plans Revival Of Closed Textile And Jute Mills

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

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

European Textile Industry Faces Continued Decline, Urgent Action Needed: EURATEX

Europe’s textile and apparel industry continues to face mounting challenges, with factory closures becoming an increasingly frequent reality across the region. Each shutdown brings not only job losses and community disruption but also the erosion of critical industrial capabilities. According to the latest Economic Update released by EURATEX, the industry recorded negative