News - Textile Insights - Page 118

Industry

Indian Textiles Must Embrace Innovation, Says CITI Deputy Chairman

Textile Insights September 18, 2025

India’s textile and apparel industry must step up innovation and embed sustainability to stay competitive in global markets and achieve its export and domestic growth targets, according to Confederation of Indian Textile Industry (CITI) Deputy Chairman Ashwin Chandran. “Innovation is no longer

Machinery

Mesdan Showcases Textile Lab Innovations At ITMA Asia + CITME 2025

Textile Insights September 17, 2025

Mesdan, a leading provider of textile testing and laboratory equipment, will participate in ITMA Asia + CITME 2025 in Singapore from October 28–31, 2025. The company will share a 286 m² booth with Vandewiele in Hall 4, booth A302, highlighting its latest solutions for cotton and yarn testing. The company will feature four key lab […]

Machinery

Savio Unveils AI-Driven Winding And Spinning Solutions At ITMA Asia Singapore 2025

Textile Insights September 17, 2025

Savio, the Italian textile machinery manufacturer, will showcase its latest winding and spinning innovations at ITMA Asia + CITME 2025 in Singapore, highlighting AI, automation and digital integration for modern textile production. The company’s spotlight will be on three flagship machines: Proxima Smartconer, Lybra Smartspinner, and the Phoenix Assembly Winder. The

Product Launch & Innovation

Beddora Launches OEKO-TEX Certified Mattress Protector Collection

Textile Insights September 17, 2025

Sleep solutions brand Beddora has introduced its new OEKO-TEX certified mattress protector collection, designed to combine safety, durability and enhanced comfort. The launch marks Beddora’s push toward safer, more transparent sleep products. OEKO-TEX certification ensures that fabrics used in the collection are free from harmful substances and meet internationally

Industry

MMF Textile Industry Seeks GST Cut On Raw Materials & Garments

Textile Insights September 17, 2025

The Southern Gujarat Chamber of Commerce and Industry (SGCCI), along with man-made fabric (MMF) associations from across India, has urged the Central Board of Indirect Taxes and Customs (CBIC) to slash GST on key raw materials from 18% to 5%. A delegation led by SGCCI Vice-President Ashok Jirawala and former President Ashish Gujarati met CBIC […]

Home Textiles

US Tariffs To Dent Home Textile Sector; Revenue May Slip 5–10%

Textile Insights September 17, 2025

Profitability, credit metrics under pressure as 50% duty kicks in India’s home textile industry is staring at a 5–10% drop in revenue this fiscal after the US imposed a 50% tariff on imports from August 27, 2025. The US accounts for nearly three-fourths of the sector’s export earnings. CRISIL Ratings said the impact will be […]

Economy

Chinese Investment In Bangladesh Jumps 300%; Dhaka Eyes Deeper Economic Ties

Textile Insights September 17, 2025

Chinese investment in Bangladesh has surged 300%, underscoring Beijing’s growing role in the country’s economic landscape, Commerce Adviser Sheikh Bashir Uddin said on Friday. Speaking at the ‘Belt and Road Initiative in Bangladesh Exhibition’ at the Bashundhara Convention Centre, he stressed that enhanced collaboration with China could further accelerate Bangladesh’s

Export

India Apparel Exports May Shrink 6-9% In FY26 Due To US Tariff Hike: ICRA

Textile Insights September 17, 2025

India’s apparel exports are set to decline by 6-9% in FY26, with credit rating agency ICRA revising the industry outlook to Negative from Stable, citing the steep hike in US tariffs and pricing pressures. ICRA expects exporters’ operating profit margins to contract by 200-300 basis points, slipping to around 7.5% in FY26 from 10% in […]

Industry

BGMEA Seeks Faster Customs Services To Boost Garment Exports

Textile Insights September 17, 2025

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the National Board of Revenue (NBR) to ensure faster, hassle-free Customs, VAT, and bond-related services to support the country’s US$ 47-billion readymade garment (RMG) sector. The appeal was made at a meeting on Wednesday between BGMEA leaders, led by first Vice President Syed Nazrul Islam,

Export

Bangladesh RMG Exports To EU Surge, Compliance Challenges Ahead

Textile Insights September 17, 2025

Bangladesh’s readymade garment (RMG) exports to the European Union (EU) rose 48.34% between 2020 and 2024, reaching €18.79 billion, consolidating its position as the bloc’s second-largest apparel supplier. Data from Eurostat shows exports climbed from €12.32 billion in 2020 to €18.28 billion in 2024, outpacing the EU’s overall apparel import growth of 24.92% during the

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