News - Textile Insights

Cotton

NBR Scraps 2% AIT On Imports Of Cotton & MMFs

Textile Insights July 21, 2025

Bangladesh’s National Board of Revenue (NBR) has scrapped the recently imposed 2% advance income tax (AIT) on imports of cotton and man-made fibres (MMFs) used in the country’s garment and textile sector. The exemption, effective immediately, applies exclusively to industrial Import

Policies

India, UK Close To Finalising Free Trade Agreement After Over Three Years Of Talks

Textile Insights July 21, 2025

India and the United Kingdom are on the verge of concluding a long-awaited free trade agreement (FTA) that is likely to be signed this week, according to two senior Indian government officials. The deal, which has been under negotiation for over three years, is poised to boost bilateral trade by reducing tariffs and easing market […]

Cotton

Better Cotton Makes Major Progress In Uzbekistan Programme

Textile Insights July 21, 2025

Better Cotton, the world’s leading cotton sustainability initiative, has announced major progress in its Uzbekistan programme, highlighting improved due diligence processes and a stronger focus on decent work. In collaboration with its programme partner, GIZ (German Agency for International Cooperation), Better Cotton has enhanced its framework to drive deeper impact

Corporates

Mafatlal Industries Enters Global Apparel Export Market With New Subsidiary

Textile Insights July 21, 2025

Mafatlal Industries Limited, a longstanding leader in India’s textile industry, has incorporated a new subsidiary, Mafatlal Apparel Exports Private Limited, marking its formal entry into the global garment and apparel export market. Mafatlal will hold a 51% equity stake in the venture. This strategic initiative aligns with Mafatlal’s broader diversification and

Corporates

T.T. Ltd. Begins Production At New Howrah Unit

Textile Insights July 21, 2025

T.T. Limited has commenced commercial production at its newly established factory in Howrah, West Bengal, starting July 2025. Spanning 1.25 lakh sq. ft., the facility is located within the West Bengal Hosiery Park, a strategic location known for its robust knitting ecosystem and skilled workforce. Proximity to Kolkata and its port also provides a logistical […]

Event

Yarn Expo Ichalkaranji 2025 To Spotlight India’s Strength In MMF And Synthetic Yarn

Textile Insights July 21, 2025

The Indian synthetic fibre and filament industry is gearing up for a major showcase with the upcoming Yarn Expo Ichalkaranji 2025, organised by the Ichalkaranji Shuttleless Fabrics Manufacturers Association (ISFMA). The two-day event will take place on 11 and 12 September 2025 in Ichalkaranji, Maharashtra, one of India’s most dynamic textile hubs. Yarn Expo Ichalkaranji

Corporates

PUMA And Manchester City Extend Global Partnership

Textile Insights July 20, 2025

PUMA and Manchester City have announced a long-term extension of their successful partnership, which began in the 2019/20 season. The renewed agreement aims to continue delivering innovation in product design and fan engagement, building on several years of on-field triumphs and off-field commercial success. The collaboration has coincided with Manchester City’s most

Export

Tiruppur RMG Exports Jump 11.7% In Q1 FY26

Textile Insights July 20, 2025

India’s knitwear capital, Tiruppur, has posted 11.7% growth in ready-made garment (RMG) exports during the first quarter of the financial year 2025–26 (April–June 2025). According to available data, Tiruppur’s RMG exports stood at Rs 12,193 crore in Q1 FY26, up from Rs 10,919 crore in the same period of FY25. This growth comes despite a […]

Export

Textile Exports Fall 2.07% In June 2025; Apparel Up 1.23%

Textile Insights July 20, 2025

India’s textile exports declined by 2.07% in June 2025, compared to the same month last year, amid ongoing global market uncertainties. For the April–June 2025 period, textile exports saw a marginal dip of 0.94% year-on-year. In contrast, apparel exports rose by 1.23% in June, and registered an 8.91% growth in the first quarter of FY26, […]

Corporates

Bayer Extends CEO Bill Anderson’s Term To 2029

Textile Insights July 20, 2025

The Supervisory Board of Bayer AG has unanimously approved the extension of CEO Bill Anderson’s contract until March 31, 2029. Anderson, who joined Bayer in April 2023 and assumed the CEO role in June 2023, was originally set to serve until March 2026. “Bayer is undergoing a significant transformation, and we are starting to see […]

NBR Scraps 2% AIT On Imports Of Cotton & MMFs

India, UK Close To Finalising Free Trade Agreement After Over Three Years Of Talks

Better Cotton Makes Major Progress In Uzbekistan Programme

Mafatlal Industries Enters Global Apparel Export Market With New Subsidiary

T.T. Ltd. Begins Production At New Howrah Unit

Yarn Expo Ichalkaranji 2025 To Spotlight India’s Strength In MMF And Synthetic Yarn

PUMA And Manchester City Extend Global Partnership

Textile Exports Fall 2.07% In June 2025; Apparel Up 1.23%

Bayer Extends CEO Bill Anderson’s Term To 2029

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