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Industry

India Eyes Bigger Role In Nigeria’s Textile Revival

India and Nigeria are looking to strengthen textile trade relations, with India expressing readiness to support Nigeria’s textile revival programme through investments, technology transfer and skill development initiatives across the textile value chain. Speaking at the Textile Meet/B2B Nigeria-India engagement held at the Indian High Commission in Abuja, India’s High
Industry

Coimbatore Industry Welcomes ECLGS 5.0 Support

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’ Association Chairman Durai Palanisamy said the textile industry has been struggling
Industry

Bangladesh Warned On Post-LDC Trade Risks

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

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