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Corporates

Monterey Textiles Group Acquires Patrick Yarns, Launches FilSpec USA

Textile Insights May 21, 2025

Monterey Textiles Group has announced the successful acquisition of Patrick Yarns, previously part of the Coats Group. The facility, located in Kings Mountain, North Carolina, will now operate under the name FilSpec USA, ushering in a new chapter of innovation and excellence in specialty

Trade & Market

Dun & Bradstreet Report: India Faces Margin Heat, Eyes Export Gains

Textile Insights May 21, 2025

India stands at a critical crossroads in global trade as geopolitical tensions and tariff realignments reshape international commerce. A recent whitepaper by Dun & Bradstreet, titled “Navigating the Fault Lines of Global Trade: An Indian Perspective”, highlights how Indian exporters are navigating a dual challenge: preserving profitability amid rising U.S.

Corporates

Circ To Build US$ 500M Polycotton Recycling Plant In France

Textile Insights May 21, 2025

U.S. based textile recycling company Circ has secured support from the French government and the European Union to establish the world’s first industrial-scale facility capable of recycling polycotton, a blend of polyester and cotton at Saint-Avold in northeastern France. The project, with a total investment of €450 million (US$ 500 million), is set to begin […]

Sustainability

Reju To Set Up First Industrial-Scale Textile Recycling Hub In Netherlands

Textile Insights May 21, 2025

Reju™, a leading textile-to-textile regeneration company, has announced the selection of Chemelot Industrial Park in Sittard-Geleen, Netherlands, as the location for Regeneration Hub One, its first industrial-scale textile recycling center. Following the successful opening of Regeneration Hub Zero in Frankfurt in October 2024, this new hub marks a significant step in

Industry

Reps Push For Ban On Foreign Textiles To Revive Nigeria’s Textile Industry

Textile Insights May 21, 2025

The Nigerian House of Representatives has called on the Federal Government to ban the importation of foreign textiles in a bid to rejuvenate the local textile industry. The resolution followed the adoption of a motion moved by Rep. Garba Muhammad (NNPP–Kano) during Tuesday’s plenary session. Once a major contributor to Nigeria’s manufacturing sector, the textile […]

Dyes & Chemicals

Toxic Chemical Found In Indian Textiles A Rivers: Toxics Link Report

Textile Insights May 21, 2025

A recent study by environmental advocacy group Toxics Link has raised serious concerns over the widespread presence of nonylphenol (NP), a toxic and endocrine-disrupting chemical, in Indian textiles and water bodies near textile hubs. The report titled “Toxic Threads: Assessing Nonylphenol Contamination in Indian Textiles & the Environment” presents comprehensive data

Corporates

KPR Mill Shares Fall 6% On Promoter Stake Sale

Textile Insights May 21, 2025

Shares of KPR Mill slipped nearly 6% today, hitting an intraday low of Rs 1140.10 on the BSE, after opening at Rs 1160. The decline followed reports that promoters K.P. Ramasamy, K.P.D. Sigamani, and P. Nataraj are set to offload up to 3.2% stake in the company via block deals. The total size of the […]

Trade & Market

India-UK Apparel, Home Textiles Trade Set To Double Under FTA: ICRA

Textile Insights May 20, 2025

India’s apparel and home textiles trade with the UK is expected to double over the next five to six years, driven by the recently concluded Free Trade Agreement (FTA) between the two nations, according to credit rating agency ICRA. The FTA is anticipated to come into effect by calendar year 2026, pending legal formalities. Signed […]

Textile Park

LJP Chief Chirag Urges PM To Include Bhagalpur In PM MITRA Scheme

Textile Insights May 20, 2025

LJP (RV) chief and Union Minister Chirag Paswan has written to Prime Minister Narendra Modi, urging the government to set up a mega textile park in Bhagalpur, Bihar, under the PM MITRA Yojana. Known as the ‘silk city’ and home to a large population of Muslim weavers, Bhagalpur is famed for its historic silk industry […]

Industry

Import Ban Sparks Rs 2,000 Cr Opportunity For Indian Textiles

Textile Insights May 20, 2025

India’s recent move to restrict garment imports from Bangladesh via land routes is expected to unlock a Rs 1,000-2,000 crore opportunity for the domestic textile sector, even as it temporarily disrupts supply chains of major apparel brands and pushes up prices of key items like T-shirts and denims by 2-3% this winter. The Directorate General […]

Monterey Textiles Group Acquires Patrick Yarns, Launches FilSpec USA

Dun & Bradstreet Report: India Faces Margin Heat, Eyes Export Gains

Circ To Build US$ 500M Polycotton Recycling Plant In France

Reju To Set Up First Industrial-Scale Textile Recycling Hub In Netherlands

Reps Push For Ban On Foreign Textiles To Revive Nigeria’s Textile Industry

Toxic Chemical Found In Indian Textiles A Rivers: Toxics Link Report

India-UK Apparel, Home Textiles Trade Set To Double Under FTA: ICRA

LJP Chief Chirag Urges PM To Include Bhagalpur In PM MITRA Scheme

Import Ban Sparks Rs 2,000 Cr Opportunity For Indian Textiles

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