Giriraj Singh has released a comprehensive study titled Market for Textiles and Clothing: National Household Survey 2024, highlighting strong growth in India’s domestic textile demand and evolving consumer trends. The report prepared by the Textiles Committee under the Ministry of Textiles, was
India’s cotton sector is poised for growth in the 2026–27 marketing year, driven by improving demand and favourable trade dynamics, according to a report by the USDA Foreign Agricultural Service. The report projects cotton acreage to increase by around 3% to 11.5 million hectares, with production expected to rise 7% to 25.2 million bales, supported […]
The India–UK Free Trade Agreement is expected to come into force within the next 30–45 days, according to Piyush Goyal, signalling a major step forward in bilateral trade relations. The minister shared the update following a meeting with Peter Kyle on the sidelines of the World Trade Organization Ministerial Conference held in Cameroon. He noted […]
The European Commission has proposed a key amendment to the EU Emissions Trading System (EU ETS) aimed at enhancing market stability and predictability amid rising energy volatility and geopolitical uncertainties. At the core of the proposal is a revision to the Market Stability Reserve (MSR), a mechanism designed to balance the supply of carbon allowances […]
Better Cotton Initiative has reinforced its push toward regenerative agriculture with the release of an updated version of its Principles & Criteria (P&C), marking a key step in its transition to a regenerative standards system. The new version, P&C v3.2, came into effect on April 1, 2026, following an independent assessment against recognised regenerative
Reserve Bank of India is expected to keep the benchmark repo rate unchanged at 5.25% in its April monetary policy review, as rising inflation risks linked to the ongoing Middle East crisis complicate the outlook, according to economists. A poll indicates that the central bank is likely to adopt a cautious approach amid heightened uncertainty […]
Ludhiana’s textile and hosiery industry has remained largely insulated from the ongoing LPG shortage that has disrupted manufacturing activity in several parts of the country, thanks to its continued reliance on alternative fuels. Unlike major textile hubs such as Surat, where a widespread shift to LPG has forced production cuts and temporary shutdowns, Ludhiana’s units
Moody’s Ratings has lowered India’s GDP growth forecast for FY27 to 6%, down from its earlier estimate of 6.8%, citing the economic impact of the ongoing West Asia conflict on energy supplies, inflation, and overall growth momentum. In its latest credit opinion report, Moody’s warned that prolonged disruptions particularly in LPG shipments could lead to […]
The proposed EU–India Free Trade Agreement is set to reshape sector-level dynamics across Europe, even as its overall macroeconomic impact remains limited, according to the latest outlook by EY. The report indicates that while the agreement is unlikely to significantly alter EU GDP growth, it could trigger meaningful changes within specific industries by improving market
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)






















