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Trade & Market

India–Russia Business Forum Charts New Path For Stronger Textile Trade Ties

Textile Insights December 5, 2025

Union Minister of Commerce & Industry, Piyush Goyal, placed a strong spotlight on the textile sector as a priority area for India–Russia cooperation, during the India–Russia Business Forum held in New Delhi. Confirming that Russia has always been ‘India’s Sukh Dukh Ka Saathi,’ he

Corporates

SASMIRA Signs MoU With TERI To Advance Sustainable Textile Innovation

Textile Insights December 5, 2025

SASMIRA has taken a major step forward in its sustainability journey by signing a Memorandum of Understanding (MoU) with The Energy and Resources Institute (TERI). The partnership aims to drive joint research and innovation in environment, climate change, sustainable textiles and green technologies. The collaboration combines TERI’s national leadership in sustainability

Trade & Market

South Korea’s Apparel Imports Slip As Demand Shifts To Casual Wear

Textile Insights December 5, 2025

South Korea’s apparel imports fell 1.0% to US$ 9.1 billion in the first nine months of 2025, reflecting subdued retail demand and cautious consumer spending. The decline, however, was uneven across product categories, underscoring a notable shift in shopper preferences. Imports of knitted apparel and accessories (Chapter 61) edged up to US$ 4.06 billion, compared […]

Corporates

Kusumgar Appoints Puneet Singla As General Manager

Textile Insights December 5, 2025

Kusumgar, a leading manufacturer of engineered fabrics and advanced technical textile solutions, has appointed Puneet Singla as its new General Manager. With over five decades of expertise and three state-of-the-art facilities in Gujarat, Kusumgar produces over two million meters of high-performance technical fabrics each month for sectors including defence, aeronautics,

Corporates

Mafatlal CEO Raghunath Balakrishnan Wins India’s First Uniform Industry Leadership Award

Textile Insights December 5, 2025

Mafatlal Industries Limited announced that its Chief Executive Officer, Raghunath Mannil Balakrishnan, has been honoured with India’s first-ever “Uniform Revolutionary Person of India Award.” The award was presented by Hon’ble Former Textile Minister Subhash Deshmukh at a special event organised by the Solapur Uniform Garment Federation, recognising outstanding leadership

Corporates

Savio Wins WHP Workplace Health Promotion Award For 2025

Textile Insights December 5, 2025

Savio has once again been honoured with the WHP – Workplace Health Promotion Award, presented on November 26 in Udine, confirming the company’s strong commitment to employee health, well-being and safety. Since joining the WHP network in 2019, Savio has steadily expanded its initiatives through sustained engagement and active listening. Key programs include a company […]

Corporates

Sportking India Chooses Rieter For High-Tech Compact-Spinning Expansion

Textile Insights December 5, 2025

Sportking India Ltd., the vertically integrated textile conglomerate, has announced a major investment in a complete Rieter compact-spinning system from blowroom to winding to produce the highest-quality compact yarns from Indian cotton with maximum productivity. As part of its strategic expansion, Sportking is setting up a greenfield spinning project in Odisha with

Corporates

Arvind Appoints Saurabh Jain As CFO For Garments Business

Textile Insights December 5, 2025

Arvind has appointed Saurabh Jain as the Chief Financial Officer (CFO) for its fast-growing garments business, a key driver in the company’s evolution from a textiles-led group to a diversified technology-enabled enterprise. Jain brings over 17 years of cross-sector finance experience, with strong expertise in financial planning, digital transformation, and performance

Economy

Rupee Crashes Past 90 As Trade Deal Uncertainty And Outflows Intensify

Textile Insights December 5, 2025

The rupee slid to a record low beyond 90 per dollar on December 3, driven by persistent foreign outflows, heavy offshore speculation and uncertainty over the delayed India–US trade deal. The currency has been weakening for several sessions, repeatedly setting new lows and renewing concerns over capital flows and the RBI’s intervention strategy. Analysts warn […]

Industry

Tariff Uncertainty Halts US$ 2 Billion In US Apparel Orders For India

Textile Insights December 5, 2025

Negotiations between Indian apparel exporters and US buyers have stalled, putting nearly US$ 2 billion in summer orders at risk. Exporters are hesitant to commit without clarity on the tariffs that will apply under the long-pending India–US trade deal, which was expected to be concluded by fall but remains unresolved. With uncertainty persisting, major US […]

India–Russia Business Forum Charts New Path For Stronger Textile Trade Ties

SASMIRA Signs MoU With TERI To Advance Sustainable Textile Innovation

South Korea’s Apparel Imports Slip As Demand Shifts To Casual Wear

Kusumgar Appoints Puneet Singla As General Manager

Mafatlal CEO Raghunath Balakrishnan Wins India’s First Uniform Industry Leadership Award

Savio Wins WHP Workplace Health Promotion Award For 2025

Sportking India Chooses Rieter For High-Tech Compact-Spinning Expansion

Arvind Appoints Saurabh Jain As CFO For Garments Business

Rupee Crashes Past 90 As Trade Deal Uncertainty And Outflows Intensify

Tariff Uncertainty Halts US$ 2 Billion In US Apparel Orders For India

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