Industry

Textiles Minister Visits KG Exports In Ludhiana

Textile Insights July 11, 2025

KG Exports, one of India’s largest apparel manufacturers, had the honour of hosting the Hon’ble Minister of Textiles, Government of India, Shri Giriraj Singh, at its state-of-the-art manufacturing facility in Ludhiana. During his visit, Giriraj Singh undertook a detailed tour of the company’s

Industry

India Gains Edge As US Tariffs Hit Textile Rivals

Textile Insights July 10, 2025

India’s textile and apparel industry is closely monitoring recent US tariff developments, anticipating potential opportunities as trade dynamics shift globally. Between January and May 2025, the US imported $5.11 billion worth of textiles and apparel from India 13% increase over the same period last year, signaling strong export momentum. “We are actively tracking the

Industry

Lesotho Faces Jobs Crisis As US Tariff Fears Grow

Textile Insights July 10, 2025

Lesotho has declared a national state of disaster due to “high rates of youth unemployment and job losses,” as the country grapples with uncertainty surrounding US tariffs and trade policies. The declaration, effective until 30 June 2027, enables the government to take emergency measures under the Disaster Management Act to mitigate the economic fallout,

Industry

Afreximbank To Build U$5 Bn Textile Hub In Nigeria

Textile Insights July 10, 2025

The African Export-Import Bank (Afreximbank) will begin construction of a U$ 5 billion integrated textile industrial facility in Nigeria this July, in partnership with Arise IIP and Swiss textile machinery firm Rieter, supported by the Swiss government. The move is part of a continent-wide industrialisation strategy, outgoing President Benedict Oramah announced at the

Industry

BTMA Seeks Urgent Policy Reversal To Avert Textile Sector Crisis

Textile Insights July 10, 2025

Bangladesh’s primary textile industry is on the brink of a major disruption, warns the Bangladesh Textile Mills Association (BTMA), urging the government to roll back recent fiscal measures that threaten the survival of domestic spinning mills. In letters sent to key policymakers including the finance and commerce advisers, Bangladesh Bank Governor, and NBR Chairman, BTMA

Industry

MP CM Meets Trident’s Rajinder In Ludhiana

Textile Insights July 9, 2025

As part of his outreach to industry leaders, Madhya Pradesh Chief Minister Dr. Mohan Yadav visited Rajinder Gupta, Chairman Emeritus of the Trident Group at his residence in Ludhiana. The meeting reflected the strong and longstanding relationship between the Madhya Pradesh government and Trident Group, a leading Indian manufacturer in textiles and paper. The visit […]

Industry

Fashion Sector Falls Short On Decarbonisation Despite Lofty Climate Goals: CCRM 2025 Report

Textile Insights July 9, 2025

Despite stronger climate pledges, global fashion giants like Adidas, H&M Group, Inditex, Lululemon, and Shein are falling behind on meaningful decarbonisation, according to the 2025 Corporate Climate Responsibility Monitor (CCRM) released by NewClimate Institute and Carbon Market Watch. The report reveals that while greenhouse gas (GHG) reduction targets have improved,

Industry

Cambodia’s Garment Sector Faces Uncertainty Amid US Tariff Impact

Textile Insights July 9, 2025

A recent survey conducted by Better Factories Cambodia (BFC), in collaboration with the International Labour Organization (ILO) and International Finance Corporation (IFC), reveals significant concerns for Cambodia’s garment, footwear, and travel goods sector, following the announcement of reciprocal tariffs by US President Donald Trump on April 2. According to the survey,

Industry

KCG Textiles Launches New Spinning Factory In Egypt’s 10th Of Ramadan City

Textile Insights July 8, 2025

Minister of Investment and Foreign Trade Hassan El-Khatib attended the launch of KCG Textiles’ new spinning factory in 10th of Ramadan City, reaffirming foreign investor confidence in Egypt’s industrial sector. El-Khatib highlighted that the Turkish company’s expansion aligns with Egypt’s strategy to boost exports and strengthen its position as a regional

Industry

ACIMIT Urges Focus On ‘Made In Italy’ As Exports And Production Decline

Textile Insights July 8, 2025

At ACIMIT’s General Assembly held on 4 July at the Ferrari Museum in Maranello, President Marco Salvadè stressed that enhancing the value of Made in Italy must be at the heart of the Italian textile machinery industry’s strategy in the years ahead. Presenting the 2024 figures, Salvadè reported an 8% drop in production (€2.1 billion) […]