The African Export-Import Bank (Afreximbank) will begin construction of a U$ 5 billion integrated textile industrial facility in Nigeria this July, in partnership with Arise IIP and Swiss textile machinery firm Rieter, supported by the Swiss government. The move is part of a continent-wide
Textile Exchange has announced a bold strategic shift as it aligns its operations and focus to meet the scale of transformation required for the fashion and textile industry to achieve critical climate and nature goals by 2030. The initiative, titled “Strategy to 2030: Doubling Down on Systems Change”, follows an extensive internal review launched in […]
Bangladesh’s primary textile industry is on the brink of a major disruption, warns the Bangladesh Textile Mills Association (BTMA), urging the government to roll back recent fiscal measures that threaten the survival of domestic spinning mills. In letters sent to key policymakers including the finance and commerce advisers, Bangladesh Bank Governor, and NBR Chairman, BTMA
Bangladesh is in urgent negotiations with the US to avert looming tariffs that threaten its key exports, particularly apparel. Set to take effect on July 9, the proposed US tariff policy includes a 37% duty on Bangladeshi cotton products more than double the current 16% with a 10% baseline levy already in place. A high-level […]
Amazon and FedEx are leading a new wave of automation in logistics, integrating AI and robotics to boost efficiency, accuracy and customer satisfaction across their global operations. Amazon recently unveiled a US$ 300 million, 2.8 million-square-foot AI-enabled logistics hub in Charlton, Massachusetts. The facility, which employs over 1,000 people and hundreds of robots,
As part of his outreach to industry leaders, Madhya Pradesh Chief Minister Dr. Mohan Yadav visited Rajinder Gupta, Chairman Emeritus of the Trident Group at his residence in Ludhiana. The meeting reflected the strong and longstanding relationship between the Madhya Pradesh government and Trident Group, a leading Indian manufacturer in textiles and paper. The visit […]
In response to intensifying global regulations and the growing push for circular economy practices, CEMATEX (European Committee of Textile Machinery Manufacturers) will launch the ITMA Sustainability Forum: Accelerating the Green Transition on 30 October 2025 at Singapore Expo. The half-day forum, held alongside ITMA ASIA + CITME, Singapore 2025, is tailored to support
Despite stronger climate pledges, global fashion giants like Adidas, H&M Group, Inditex, Lululemon, and Shein are falling behind on meaningful decarbonisation, according to the 2025 Corporate Climate Responsibility Monitor (CCRM) released by NewClimate Institute and Carbon Market Watch. The report reveals that while greenhouse gas (GHG) reduction targets have improved,
Primus Partners, a leading Indian management consulting firm, has unveiled a comprehensive roadmap to drive India’s textile exports to US$ 100 billion over the next five years. Anchored in a six-point strategy, the roadmap outlines key recommendations to diversify export offerings, integrate Industry 4.0, increase skilled manpower, enhance infrastructure and build industry
India is on a strong growth trajectory, with its share of global GDP rising from 1.9 per cent in 2008 to 3.4 per cent in 2023. What would it take to achieve the ambitious target of 8 to 10 per cent share of global GDP by 2040? In a new report ‘India’s Future Arenas: Engines […]





















