India has scrapped import duties on cotton between August 19 and September 30, offering short-term relief to its textile and apparel sector as it battles rising global trade pressures. The government order, issued late Monday, fulfills a long-standing demand from industry groups who argued that
SBC Exports Ltd has announced that it has finalized a significant export deal with HUXXE Readymade Garments Trading LLC, a Dubai-based company specializing in readymade garments. The company has successfully received its initial work order from HUXXE worth approximately Rs 17.56 crore for the supply of garments including T-shirts, trousers and shorts. The order, which […]
Mohali-based Active Clothing Co. Ltd, a leading “design-to-shelf” apparel manufacturer, has reported a strong first quarter for FY26, with both revenue and profitability showing robust growth. The company posted total income of Rs 64.46 crore in Q1 FY26, a 38.5% increase compared to Rs 46.53 crore in the same quarter last year. EBITDA rose 22.9% […]
Kitex Garments Ltd has declared its financial results for the first quarter ended June 30, 2025, reporting total income of Rs 201.31 crore, EBITDA of Rs 41.63 crore, and a net profit of Rs 26.05 crore. Revenue grew 3.3% over the corresponding quarter last year, despite an industry-wide slowdown caused by uncertainties and tariff revisions […]
S.P. Apparels Ltd has reported robust financial performance for the first quarter of FY26, driven by strong growth across its garment division and consolidated operations. On a consolidated basis, the company posted total revenue of Rs 4,050.7 million in Q1 FY26, marking a significant 63.3% year-on-year increase from Rs 2,480.3 million in the same quarter […]
Montreal-based Gildan Activewear is set to acquire HanesBrands Inc. in a deal valued at US$ 2.2 billion, or about US$ 4.4 billion including debt, expanding its portfolio with well-known labels such as Hanes and Maidenform. Under the terms, HanesBrands shareholders will receive 0.102 Gildan common shares plus US$ 0.80 in cash for each HanesBrands share. […]
OCM Private Limited has named Dhruva Singh Chauhan as its new Chief Executive Officer, marking a significant leadership transition for the century-old textile brand as it embarks on its next phase of growth and innovation. Chauhan brings with him over two decades of experience in the textile and apparel industry, with expertise spanning vertically integrated […]
Vardhman Group has entered into a strategic partnership with the Northern India Textile Research Association (NITRA) to advance research and development in milkweed fibre, a sustainable alternative to conventional textile materials. The Memorandum of Understanding (MoU) was signed by Neeraj Jain, Joint Managing Director of Vardhman and Dr. M. S. Parmar, Director General of
A Ludhiana-based textile company has acquired 25 hectares of land in the upcoming Basai industrial area, Mandsaur, with plans to invest Rs 2,500 crore in setting up an advanced integrated textile unit. Spread across 178.83 hectares, the Basai industrial area is being developed at a cost of around Rs 89 crore. Once completed, it is […]
The board of Gokaldas Exports Ltd (GEX) has approved the amalgamation of BRFL Textiles Pvt. Ltd. (BTPL) with the company, in a meeting held on August 9, 2025. Gokaldas Exports had made a strategic investment in BTPL in June 2024 through optionally convertible debentures, and earlier this week, its board approved raising its stake in […]





















