News - Textile Insights - Page 18

Sustainability

Navi Mumbai Turns Textile Waste Into Livelihoods With Circular Recovery Model

Textile Insights April 8, 2026

Navi Mumbai is emerging as a frontrunner in textile waste management, transforming discarded fabrics into economic and environmental opportunities through a pioneering Textile Recovery Facility (TRF) set up under the Swachh Bharat Mission–Urban 2.0. With India generating nearly 7.8 million

Special Report

India’s Domestic Textile Demand Triples In 15 Years: Government Report

Textile Insights April 7, 2026

Giriraj Singh has released a comprehensive study titled Market for Textiles and Clothing: National Household Survey 2024, highlighting strong growth in India’s domestic textile demand and evolving consumer trends. The report prepared by the Textiles Committee under the Ministry of Textiles, was unveiled in the presence of Neelam Shami Rao and senior officials. The study

Cotton

USDA Sees Higher Cotton Output In India For 2026–27 Season

Textile Insights April 7, 2026

India’s cotton sector is poised for growth in the 2026–27 marketing year, driven by improving demand and favourable trade dynamics, according to a report by the USDA Foreign Agricultural Service. The report projects cotton acreage to increase by around 3% to 11.5 million hectares, with production expected to rise 7% to 25.2 million bales, supported […]

Policies

India–UK FTA Set For Rollout In 30–45 Days: Piyush Goyal

Textile Insights April 7, 2026

The India–UK Free Trade Agreement is expected to come into force within the next 30–45 days, according to Piyush Goyal, signalling a major step forward in bilateral trade relations. The minister shared the update following a meeting with Peter Kyle on the sidelines of the World Trade Organization Ministerial Conference held in Cameroon. He noted […]

Policies

EU Moves To Strengthen Carbon Market Stability With ETS Reform

Textile Insights April 7, 2026

The European Commission has proposed a key amendment to the EU Emissions Trading System (EU ETS) aimed at enhancing market stability and predictability amid rising energy volatility and geopolitical uncertainties. At the core of the proposal is a revision to the Market Stability Reserve (MSR), a mechanism designed to balance the supply of carbon allowances […]

Cotton

Better Cotton Strengthens Regenerative Focus With Updated Standards

Textile Insights April 7, 2026

Better Cotton Initiative has reinforced its push toward regenerative agriculture with the release of an updated version of its Principles & Criteria (P&C), marking a key step in its transition to a regenerative standards system. The new version, P&C v3.2, came into effect on April 1, 2026, following an independent assessment against recognised regenerative

Economy

RBI Likely To Hold Rates Amid Inflation Risks From Global Turmoil

Textile Insights April 7, 2026

Reserve Bank of India is expected to keep the benchmark repo rate unchanged at 5.25% in its April monetary policy review, as rising inflation risks linked to the ongoing Middle East crisis complicate the outlook, according to economists. A poll indicates that the central bank is likely to adopt a cautious approach amid heightened uncertainty […]

Economy

Ludhiana Textile Sector Weathers LPG Crisis, But Cost Pressures Mount

Textile Insights April 7, 2026

Ludhiana’s textile and hosiery industry has remained largely insulated from the ongoing LPG shortage that has disrupted manufacturing activity in several parts of the country, thanks to its continued reliance on alternative fuels. Unlike major textile hubs such as Surat, where a widespread shift to LPG has forced production cuts and temporary shutdowns, Ludhiana’s units

Economy

Moody’s Cuts India Growth Forecast To 6% Amid West Asia Conflict Risks

Textile Insights April 7, 2026

Moody’s Ratings has lowered India’s GDP growth forecast for FY27 to 6%, down from its earlier estimate of 6.8%, citing the economic impact of the ongoing West Asia conflict on energy supplies, inflation, and overall growth momentum. In its latest credit opinion report, Moody’s warned that prolonged disruptions particularly in LPG shipments could lead to […]

Trade & Market

EU–India FTA To Drive Sectoral Shifts Despite Limited Macro Impact: EY

Textile Insights April 7, 2026

The proposed EU–India Free Trade Agreement is set to reshape sector-level dynamics across Europe, even as its overall macroeconomic impact remains limited, according to the latest outlook by EY. The report indicates that while the agreement is unlikely to significantly alter EU GDP growth, it could trigger meaningful changes within specific industries by improving market

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