The International Textile Manufacturers Federation (ITMF) has released the findings of its 37th Global Textile Industry Survey (GTIS) conducted in March, highlighting a sharp deterioration in industry sentiment as geopolitical tensions disrupt global markets. According to the survey, the
Tiruppur, India’s leading textile hub, is accelerating its transition to piped natural gas (PNG) as manufacturers respond to an ongoing LPG shortage triggered by the US–Israel–Iran conflict while also aligning with tightening global sustainability requirements. The shift gained momentum during a joint industry session organised by the Tiruppur Exporters’ Association (TEA)
The Confederation of Indian Industry (CII) has welcomed the Government of India’s decision to extend the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme and introduce a one-time concessional framework for Domestic Tariff Area (DTA) sales by Special Economic Zone (SEZ) units. In a statement, Chandrajit Banerjee, Director General, CII, highlighted that the
The British Fashion Council (BFC) has launched its new long-term strategy, BFC 2030: Access, Creativity, Growth, marking a significant shift in its role from industry promotion to sustained support for designers and businesses. Led by Chief Executive Laura Weir, the strategy positions the BFC as an incubator for the fashion industry, bringing together funding, education,
The Northern India Textile Mills’ Association (NITMA) has welcomed the government’s decision to eliminate customs duty on PTA and MEG until June 30, 2026, calling it a timely relief for the man-made fibre (MMF) sector amid ongoing global disruptions. PTA (Purified Terephthalic Acid) and MEG (Mono Ethylene Glycol) are key raw materials for polyester staple […]
Dr S. N. Modani, Chairman of the Rajasthan Textile Mills Association (RTMA) and Vice Chairman of Sangam (India) Ltd, has been conferred with the Global Textile Leadership Lifetime Achievement Award 2026 at the 13th Asian Textile Conference (ATEXCON 2026). The award ceremony was held on April 2, 2026, at Novotel Convention Centre, in the presence […]
State-owned oil marketing companies have implemented a steep hike in industrial diesel prices, raising rates by Rs 22 per litre while leaving retail prices unchanged, signalling a targeted approach to margin recovery amid sustained pressure from global crude markets. As per a March 22 report by Nomura, the price of diesel sold to bulk and […]
Surat’s textile processing sector is scaling down operations, with mills set to remain shut two days a week as cost pressures and supply disruptions intensify. The decision, taken unanimously by the South Gujarat Textile Processors Association (SGTPA), reflects growing stress in one of India’s largest textile manufacturing hubs. The move is aimed at curbing production […]
The government has extended relief measures for export cargo until March 31, amid ongoing disruptions in the Strait of Hormuz due to escalating tensions involving Iran. The Central Board of Indirect Taxes and Customs has issued revised standard operating procedures under the Customs Act to support exporters facing delays and logistical challenges in the Gulf […]
The Union Cabinet has approved the Bharat Audyogik Vikas Yojna (BHAVYA), a Rs 33,660 crore scheme aimed at developing 100 plug-and-play industrial parks across India to boost manufacturing and infrastructure. The parks, to be developed in partnership with states and private players, will span 100–1,000 acres each and offer ready-to-use industrial infrastructure. The





















