News - Textile Insights

Corporates

Hellmann–MAS Holdings To Develop New Logistics Hub In Sri Lanka

Textile Insights June 1, 2026

Hellmann Worldwide Logistics and MAS Holdings have announced the development of a new built-to-suit contract logistics facility in Kimbulapitiya, Sri Lanka, marking a key expansion of their joint venture Hellmann MAS Supply Chain (HMSC). The groundbreaking ceremony was attended by senior

Corporates

AMANN Group To Expand Manufacturing Footprint In Bangladesh

Textile Insights June 1, 2026

German industrial thread manufacturer AMANN Group has announced plans to expand its manufacturing footprint in Bangladesh, reinforcing its long-term commitment to one of the world’s largest apparel sourcing destinations. The development was shared by AMANN Group CEO Markus Nicolaus during a meeting with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA)

Corporates

Loop Industries Advances India Recycling Project With Gujarat MoU

Textile Insights June 1, 2026

Loop Industries has signed a memorandum of understanding (MoU) to advance development of its first commercial-scale recycling facility in India, marking a significant step in the company’s global circular polyester expansion strategy. The proposed plant will be located in Gujarat’s Bharuch industrial corridor, a key manufacturing hub offering strong logistics connectivity

Corporates

MAG Solvics, KCG College Sign MoU For Textile Innovation

Textile Insights June 1, 2026

MAG Solvics has signed a Memorandum of Understanding (MoU) with KCG College of Technology, Chennai, to foster innovation, industry-oriented learning, research and technological advancement in the textile and fashion sectors. The MoU was formally signed by Dr. Annie Jacob, Director of KCG College of Technology, and Dhandayuthapani Chidambaram, Managing Director of MAG

Economy

Bangladesh Textile Sector Seeks Tax Cut to 10% And Loan Waivers

Textile Insights June 1, 2026

Bangladesh’s textile industry has sought urgent fiscal relief ahead of the national budget, with the Bangladesh Textile Mills Association (BTMA) proposing a cut in income tax for primary textile mills from 27.5% to 10% until 2030. The association said rising energy costs, supply disruptions, high interest rates and import competition have severely impacted the sector, […]

Policies

Gujarat Textile Sector Flags Election-Linked Production Losses

Textile Insights June 1, 2026

Gujarat’s textile and manufacturing sectors have flagged recurring production disruptions caused by repeated election cycles and migrant worker movement during polling periods, during consultations with the Joint Parliamentary Committee (JPC) reviewing the proposed One Nation, One Election framework. The concerns were raised as part of discussions on the Constitution

Industry

India Invests Rs 1,000 Cr To Strengthen Silk Production

Textile Insights June 1, 2026

India’s Ministry of Textiles has announced an investment of Rs 1,000 crore to strengthen domestic silk production and reduce dependence on imported raw silk, with a target of achieving 44,500 tonnes of raw silk output by FY27. The initiative is aimed at modernising the country’s sericulture value chain while enhancing export competitiveness and supporting nearly […]

Industry

Centre Backs Andhra Pradesh’s Push To Emerge As A Major Textile Manufacturing Hub

Textile Insights May 30, 2026

Union Textiles Minister Giriraj Singh has reaffirmed the Centre’s commitment to supporting Andhra Pradesh’s transformation into a major textile manufacturing destination, highlighting the need for stronger cotton productivity, modern manufacturing capabilities and greater participation in technical textiles. During his two-day visit to Andhra Pradesh, the Union Minister

Cotton

Govt Waives Cotton Import Duty Temporarily To Support Textile Industry

Textile Insights May 30, 2026

In a move aimed at ensuring raw material availability and stabilising input costs for the textile sector, the Government of India has announced a temporary exemption on customs duty for cotton imports from June 1 to October 31, 2026. The decision is designed to maintain a balanced approach between protecting domestic cotton growers and supporting […]

Corporates

Rakesh Chadha Appointed Managing Director & CEO Of Arvind Atelier

Textile Insights May 29, 2026

Arvind Limited has appointed Rakesh Chadha as the Managing Director and Chief Executive Officer of Arvind Atelier, the company’s newly launched global sourcing and design platform. Chadha brings over 27 years of international experience across Europe, Asia and the UK, with a proven track record of building high-performance teams and developing resilient supply chains for

Hellmann–MAS Holdings To Develop New Logistics Hub In Sri Lanka

AMANN Group To Expand Manufacturing Footprint In Bangladesh

Loop Industries Advances India Recycling Project With Gujarat MoU

MAG Solvics, KCG College Sign MoU For Textile Innovation

Bangladesh Textile Sector Seeks Tax Cut to 10% And Loan Waivers

Gujarat Textile Sector Flags Election-Linked Production Losses

India Invests Rs 1,000 Cr To Strengthen Silk Production

Centre Backs Andhra Pradesh’s Push To Emerge As A Major Textile Manufacturing Hub

Govt Waives Cotton Import Duty Temporarily To Support Textile Industry

Rakesh Chadha Appointed Managing Director & CEO Of Arvind Atelier

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