Industry

Trident Launches Pan-India Drive To Hire 3,000+ Workers

Textile Insights February 27, 2026

Trident Limited, the flagship company of the Trident Group, has launched a nationwide recruitment drive to hire more than 3,000 employees across its manufacturing operations, reinforcing its focus on employment generation and skill development. The large-scale hiring initiative aligns with the

Industry

NITMA Seeks Rollback Of 50% RoDTEP Cut

Textile Insights February 27, 2026

The North India Textile Mills’ Association (NITMA) has urged the Centre to immediately roll back the sharp reduction in RoDTEP benefits, warning that the move could severely hurt the competitiveness of India’s textile exports. In representations sent to the Ministers of Finance, Commerce & Industry and Textiles, the association raised serious concerns over

Industry

Textile Sector Attracts Rs 60,000 Crore Investments In 2025

Textile Insights February 23, 2026

India’s textile sector secured investment commitments of over Rs 60,000 crore in 2025, with officials expecting the momentum to carry into 2026, driven by PM MITRA parks, the Production Linked Incentive (PLI) scheme and sustainability-led projects. Under the PM MITRA initiative, committed investments have crossed Rs 14,000 crore, with potential to generate over 38,000

Industry

Ministry of Textiles Holds First Post-Budget Industry Consultation

Textile Insights February 21, 2026

Industry Backs Textile-Centric Budget, TEEM and Tex Eco in Focus The Ministry of Textiles held its first post-budget National Industry Consultation at Vanijya Bhawan, New Delhi on February 19, 2026, bringing together senior officials, industry leaders, financial institutions and stakeholders from across the textile value chain. The meeting focused on implementing two major

Industry

Italian Textile Machinery Orders Fall 36% In Q4 2025

Textile Insights February 20, 2026

Orders for Italian textile machinery manufacturers declined sharply in the fourth quarter of 2025, reflecting a persistently challenging global market environment. According to data released by ACIMIT, total orders in October–December 2025 dropped by 36% compared to the same period in 2024. The contraction impacted both domestic and foreign markets, with orders in Italy

Industry

Traders Cheer Six New Textile Export Facilitation Centers

Textile Insights February 19, 2026

Textile traders across the country have welcomed the Indian government’s decision to establish six new Textile Export Facilitation Centers (TEFCs), calling it a major boost for exporters and small businesses. The new centers will be set up in Karur (Tamil Nadu), Ichalkaranji (Maharashtra), Jaipur (Rajasthan), Varanasi (Uttar Pradesh), Ludhiana (Punjab) and Surat (Gujarat),

Industry

NITMA Delegation Meets Commerce Minister At Vanijya Bhawan

Textile Insights February 12, 2026

A delegation from the Northern India Textile Mills’ Association (NITMA) met the Hon’ble Minister for Commerce & Industry, Piyush Goyal, and the Hon’ble Minister of State for Commerce & Industry, Jitin Prasada, on February 11, 2026, at Vanijya Bhawan, New Delhi. Led by NITMA President Sidharth Khanna, the delegation included Vinayak Mittal of Aarti International

Industry

India To Get Yarn, Cotton Trade Benefits On Par With Bangladesh

Textile Insights February 12, 2026

India is set to receive yarn and cotton related trade benefits similar to those extended to Bangladesh, the Ministry of Commerce has said, a move that could support the country’s textile and apparel exporters in the US market. According to the ministry, Indian exporters are expected to qualify for zero-tariff access on garments made using […]

Industry

BGMEA Seeks Urgent Govt Support As RMG Sector Faces Crisis

Textile Insights February 9, 2026

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the government to provide immediate financial and policy support, warning that the country’s readymade garment (RMG) sector is facing a severe crisis amid weakening global demand and rising domestic costs. The concerns were raised during an emergency meeting between BGMEA leaders and Finance

Industry

India–US Trade Deal To Boost Odisha Exports, Says CM Majhi

Textile Insights February 9, 2026

Odisha Chief Minister Mohan Charan Majhi has welcomed the proposed India–US trade agreement, saying it is expected to provide a significant boost to the state’s economy by expanding exports of handloom products, seafood and rare-earth minerals. In a statement posted on his official X account on February 5, Majhi highlighted the opportunities the agreement could […]