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Corporates

BASF To Start Zhanjiang Site By End-2025, Marks 140 Years In China

Textile Insights June 30, 2025

German chemical giant BASF is preparing to begin production at its landmark Verbund site in Zhanjiang, Guangdong province, by the end of 2025. The €10 billion project is one of BASF’s largest single investments globally and a cornerstone of its long-term strategy in China. “We have high

Corporates

Star Garments Sets Global Wheels In Motion With First Overseas Factory In Togo

Textile Insights June 30, 2025

Star Garments Group, part of the U.S.-based Charles Komar & Sons has officially launched its first international manufacturing facility in Togo, West Africa, marking a defining moment for both the company and the region’s emerging textile economy. The new 3.7-hectare factory, located within the Adétikopé Industrial Platform (PIA), was inaugurated in the presence of

Corporates

Paramount Textile To Raise Tk 630 Cr For Debt Repayment & Expansion

Textile Insights June 30, 2025

Paramount Textile Ltd, a listed company under the Paramount Group, plans to raise Tk 630 crore through a zero-coupon bond (Tk 330 crore) and preference shares (Tk 300 crore) to repay high-interest debt and expand production. Both instruments will be issued via private placement, subject to BSEC approval. The preference shares will offer a 12% […]

Corporates

Shree Ram Twistex Files IPO Papers To Fund Green Projects

Textile Insights June 30, 2025

Gujarat-based cotton yarn manufacturer Shree Ram Twistex has filed draft papers with SEBI on June 27 for an initial public offering (IPO), aiming to raise funds for renewable energy projects and working capital needs. The IPO consists entirely of a fresh issue of 1.06 crore equity shares. The Rajkot-based company plans to use Rs 7.8 […]

Industry

TN Govt Nixes Rs 500 Cr Textile Project Near Kodiveri

Textile Insights June 30, 2025

Following widespread opposition from farmers, political parties and the public, the Tamil Nadu government has cancelled the permission granted to a private textile processing unit for its proposed Rs 500-crore expansion near Akkaraikodiveri village in Gobichettipalayam taluk. The project, located near the Kodiveri anicut on the Bhavani river, faced strong resistance due to

Policies

Centre Plans New PLI Scheme For Garments To Boost Jobs, Investments: Textiles Minister

Textile Insights June 30, 2025

The Centre is working on launching a dedicated Production-Linked Incentive (PLI) scheme for the garment sector, Union Textiles Minister Giriraj Singh has said. This new initiative will be separate from the existing PLI scheme for textiles, which was launched in 2021 with an outlay of Rs 10,683 crore over five years to support production of […]

Trade & Market

Piyush Goyal Assures Textile Sector Of Safeguards In India-US Trade Talks: AEPC

Textile Insights June 30, 2025

Commerce and Industry Minister Piyush Goyal has assured industry representatives that the government will safeguard the interests of the textiles and apparel sector during the ongoing negotiations for the India-US Bilateral Trade Agreement, the Apparel Export Promotion Council (AEPC) said on Friday. AEPC Chairman Sudhir Sekhri and TEXPROCIL Chairman Vijay Agarwal met the

Apparel, Fashion, Retail

How China’s Belt And Road Is Shaping Fashion In Africa

Textile Insights June 26, 2025

New research tracks how garments made in China reflect rising influence and resistance across the Global South. China’s growing influence in Africa is being stitched into the fabric of daily life, quite literally through fashion. A new research project is investigating how the Belt and Road Initiative (BRI) is reshaping power dynamics across the Global […]

Sustainability

France Leads Global Push Against Ultra-Fast Fashion With Bold Sustainability Law

Textile Insights June 26, 2025

France has enacted groundbreaking legislation aimed at curbing the environmental impact of ultra-fast fashion, marking one of the most ambitious regulatory efforts in the global fashion industry to date. The new law introduces a series of measures including eco-taxes, advertising restrictions, and mandatory environmental disclosures specifically targeting ultra-fast

Corporates

Welspun Welcomes Vidya Balan As Brand Ambassador

Textile Insights June 26, 2025

Welspun, a leading name in the home textiles sector, has announced renowned actress Vidya Balan as its new brand ambassador. Known for her authenticity, integrity, and thoughtful choices, Vidya Balan embodies Welspun’s core values of quality, trust, and innovation. With a legacy of delivering durable and design-forward home solutions, Welspun has always aimed to enhance

BASF To Start Zhanjiang Site By End-2025, Marks 140 Years In China

Star Garments Sets Global Wheels In Motion With First Overseas Factory In Togo

Shree Ram Twistex Files IPO Papers To Fund Green Projects

TN Govt Nixes Rs 500 Cr Textile Project Near Kodiveri

Centre Plans New PLI Scheme For Garments To Boost Jobs, Investments: Textiles Minister

Piyush Goyal Assures Textile Sector Of Safeguards In India-US Trade Talks: AEPC

How China’s Belt And Road Is Shaping Fashion In Africa

France Leads Global Push Against Ultra-Fast Fashion With Bold Sustainability Law

Welspun Welcomes Vidya Balan As Brand Ambassador

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