News - Textile Insights - Page 160

Economy

Himatsingka Seide Approves Rs 100 Crore NCD Issue

Textile Insights December 15, 2025

Himatsingka Seide Ltd has approved the issuance of Rs 100 crore worth of non-convertible debentures (NCDs) through a private placement, following a meeting of its Board of Directors held on December 12, 2025 . The company will issue 1,000 Series “B” INR-denominated, unrated, unlisted and

Corporates

Itema Partners With Ivy Decarb To Accelerate Decarbonisation In Weaving Process

Textile Insights December 15, 2025

Itema has announced a strategic partnership with Ivy Decarb, a digital platform that enables textile companies to measure, compare and reduce their carbon footprint, marking a significant step toward decarbonising the weaving process. As one of the first textile machinery manufacturers to join the Ivy Decarb ecosystem, Itema is positioning itself at the forefront of […]

Corporates

VTM Signs Mou With Tamil Nadu Govt For Rs 50 Crore Investment In Textiles

Textile Insights December 15, 2025

VTM has signed a memorandum of understanding (MoU) with the Government of Tamil Nadu to invest Rs 50 crore over the next two years in the state’s textile sector. The proposed investment will be directed toward cotton grey fabric and home textile manufacturing facilities in the Madurai and Virudhunagar districts. The project is expected to […]

Corporates

Ecosis And Decathlon Sign MoU To Expand Textile-To-Textile Recycled Polyester Use

Textile Insights December 15, 2025

Ecosis, through Texfil Pvt. Ltd., a wholly-owned subsidiary of Filatex India Ltd., has signed a Memorandum of Understanding (MoU) with Decathlon Sports India to collaborate on expanding the use of textile-to-textile recycled polyester in sports apparel. The MoU concludes nearly two years of engagement between the two organisations, encompassing extensive technical

Corporates

SuperCircle Raises $24M Series A To Revolutionize Retail Textile Waste Management

Textile Insights December 11, 2025

SuperCircle, the full-stack AI-powered textile waste management platform for leading global retailers, announced $24 million in Series A funding led by Foundry, with participation from BBG Ventures, Renewal Fund, and Elemental Impact. The funding will accelerate SuperCircle’s expansion as a scalable operating system addressing retail’s growing end-of-life textile problem.

Cotton

CAI Urges Removal Of 11% Customs Duty On Raw Cotton To Boost Textile Sector

Textile Insights December 11, 2025

The Cotton Association of India (CAI) has called on the government to remove the 11% customs duty on raw cotton imports to support free trade and strengthen the domestic textile industry. Currently, raw cotton imports are duty-free until December 31, 2025. Vinay N. Kotak, President of CAI, highlighted that the Indian textile sector is facing […]

Sustainability

Turkey Launches Circular Fashion Partnership To Boost Textile Recycling

Textile Insights December 11, 2025

Turkey is strengthening its textile recycling capabilities with the launch of the Circular Fashion Partnership: Turkey, a new initiative led by the Global Fashion Agenda. Starting in 2026, the project aims to establish a national system to capture and recycle post-industrial textile waste, connecting factories, recycling plants, and brands to give new life to textile […]

Corporates

Egypt Eyes US$ 100 Million Textile Investment With Chinese Firm Fountain Set

Textile Insights December 11, 2025

Egypt is opening its doors to new industrial investment, with plans underway for a US$ 100 million textile complex in partnership with Chinese fabric manufacturer Fountain Set Limited, according to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). Heiba met the Fountain Set delegation, along with representatives from Elegance Apparel […]

Sustainability

ICRA ESG: Water, Waste Progress Not Enough To Cut Energy Intensity

Textile Insights December 11, 2025

India’s textile industry is making steady progress on sustainability, driven by improved ESG governance, stronger water stewardship, and rising waste circularity, according to ICRA ESG Ratings’ latest report, ‘Sustainability Unstitched – Indian Textile Industry’s Green Gauge.’ However, high energy intensity and modest renewable energy adoption continue to challenge the

Policies

India–EU Push Ahead On FTA As Goyal Meets EU Trade Chief

Textile Insights December 11, 2025

Union Minister of Commerce and Industry Piyush Goyal held a high-level dialogue with the European Union’s Commissioner for Trade and Economic Security, Maroš Šefčovič, during his visit to New Delhi on 8–9 December 2025. The meeting marked a significant step toward accelerating negotiations on the long-pending India–EU Free Trade Agreement (FTA), with both leaders aiming

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