Industry

Textile Ministry Plans Credit Rating & Green Fund For SMEs

Textile Insights July 22, 2025

The Ministry of Textiles is considering the launch of a CIBIL-style credit rating system and a centralized Green Fund, with a particular focus on empowering small and medium enterprises (SMEs). The initiative is designed to address long-standing challenges in credit access while promoting

Industry

AAFA Urges Congress & Trump Govt To Take Strong Action Against Counterfeit Goods

Textile Insights July 22, 2025

As part of National Anti-Counterfeiting and Consumer Education and Awareness Month, the American Apparel & Footwear Association (AAFA) has urged Congress and the Trump Administration to take immediate, impactful steps to combat the growing counterfeit goods crisis. In a letter submitted to the Office of the U.S. Trade Representative (USTR), AAFA advocated for updating

Industry

MP CM Showcases State As Green Textile Hub To Inditex In Spain

Textile Insights July 22, 2025

Madhya Pradesh Chief Minister Dr. Mohan Yadav, during his visit to Spain, presented the state as a “green, cost-competitive and traceable” textile production hub in discussions with global fashion giant Inditex. On the second day of his tour, the Chief Minister held an investment dialogue with senior officials at Inditex’s headquarters in Galicia, highlighting the […]

Industry

Union Minister Giriraj Singh Begins Japan Visit, Strengthens Textile Industry Ties

Textile Insights July 17, 2025

Union Minister of Textiles Giriraj Singh kicked off his official visit to Japan with a series of high-level meetings aimed at deepening collaboration between the two countries in the textile and apparel sector. The Minister began his visit by paying floral tribute at the statue of Mahatma Gandhi in Tokyo, highlighting the enduring global relevance […]

Industry

BGMEA And Bangladesh Army Discuss RMG Sector Security And Stability

Textile Insights July 14, 2025

In a significant step toward strengthening security in Bangladesh’s vital readymade garment (RMG) sector, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) held a high-level meeting with the Bangladesh Army at the BGMEA office. The meeting was chaired by BGMEA President Mahmud Hasan Khan and Major General Md. Moin Khan, OSP, ndc, psc, General Officer

Industry

US-Vietnam Tariff Deal Seen As Positive Despite Higher Rates

Textile Insights July 14, 2025

Experts have welcomed the US–Vietnam trade agreement, calling it a positive outcome despite the imposition of a 20% tariff on Vietnamese goods and 40% on transshipped items. This marks a reduction from the previously proposed 46% rate. In return, Việt Nam will eliminate all tariffs on US imports, part of what President Trump called a […]

Industry

European Commission Launches Action Plan To Strengthen EU Chemical Industry

Textile Insights July 14, 2025

The European Commission has unveiled a comprehensive Action Plan for the EU chemical industry, aimed at reinforcing the sector’s global competitiveness and driving modernization. The initiative addresses key challenges such as high energy and feedstock costs, unfair global competition and weakened demand, while fostering innovation, sustainability and regulatory

Industry

Textile Industry Urges Withdrawal Of QCO On Viscose Fibre And Yarn

Textile Insights July 11, 2025

Textile manufacturers in Tamil Nadu’s Coimbatore, Tiruppur, and Erode regions have urged the Union government to withdraw the Quality Control Orders (QCO) on viscose staple fibre (VSF) and the proposed QCO on viscose spun yarn (VSY), citing severe disruptions in raw material supply and rising costs. VSF is the second-most critical input after cotton, with […]

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 operations and infrastructure, gaining insights into the company’s manufacturing

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