News - Textile Insights

Financial Results

Garware Technical Fibres Reports Stable Q4 Performance

Textile Insights May 21, 2026

Garware Technical Fibres Ltd reported a consolidated profit before tax and exceptional items of Rs 91.8 crore for the fourth quarter ended March 31, 2026, compared with Rs 96.8 crore in the corresponding quarter last year. The company’s consolidated net sales stood at Rs 426.4 crore in Q4FY26

Export

Apparel Exports Drag India’s Textile Shipments Lower In April

Textile Insights May 21, 2026

India’s textile and apparel exports declined in April 2026 as a sharp fall in apparel shipments offset moderate growth in textile exports, reflecting continued pressure from weak global demand and geopolitical uncertainties. According to trade data analysed by the Confederation of Indian Textile Industry, overall textile and apparel exports fell to US$ 2.881 billion in

Industry

European Carbon Rules Raise Compliance Pressure On Indian Exporters

Textile Insights May 21, 2026

Europe’s tightening sustainability regulations and carbon-linked trade measures, particularly the Carbon Border Adjustment Mechanism (CBAM), are becoming a major challenge for Indian exporters as the country moves ahead with multiple trade agreements with European nations, industry body Federation of Indian Chambers of Commerce & Industry said on Tuesday. Speaking at a

Cotton

Cotton Crunch Raises Concerns Across Textile Sector

Textile Insights May 21, 2026

India’s textile and apparel industry has expressed concern over the sharp rise in domestic cotton prices and tightening raw material availability, warning that the situation could impact production costs, export competitiveness and profit margins in the coming months. Leading textile manufacturers and export bodies have urged the Union Government to suspend the existing

Fabric

Kota Doria-Eri Silk Blend Project Targets Premium Global Handloom Market

Textile Insights May 21, 2026

India’s handloom sector is set to witness a new product development initiative with plans to create a premium fusion fabric by combining Rajasthan’s Kota Doria with Northeast India’s Eri Silk, targeting high-value domestic and export markets. The proposal was discussed during a meeting between Om Birla and a delegation led by Sanjay Jaju, Secretary, Ministry […]

Trade & Market

India-Italy Partnership Opens New Textile Trade Opportunities

Textile Insights May 21, 2026

India and Italy are looking to deepen cooperation across textiles, manufacturing and sustainable industrial development as the two countries strengthen their strategic partnership under the evolving Indo-Mediterranean economic framework. Textiles have emerged as a key focus area in the growing India-Italy trade relationship, alongside sectors such as machinery, clean

Economy

RBI Likely To Maintain Repo Rate At 5.25% Through FY27: India Ratings

Textile Insights May 21, 2026

The Reserve Bank of India is expected to keep the repo rate unchanged at 5.25% throughout FY27 as inflation is projected to remain within the central bank’s tolerance range despite rising global uncertainties and higher crude oil prices, according to a report by India Ratings and Research. The agency projected India’s GDP growth at 6.7% […]

Cotton

Egypt Launches Cotton Festival Initiative To Support Textile MSMEs

Textile Insights May 21, 2026

Micro, Small and Medium Enterprise (MSMEs) Development Agency has launched the Egyptian Cotton Festival initiative in partnership with Cairo Governorate and the Egyptian Marketing Studies Foundation to strengthen micro, small and medium enterprises operating across the country’s cotton and textile value chain. The initiative is aimed at improving market access, production

Policies

EU Approves New Trade Agreements With Mexico To Expand Market Access

Textile Insights May 21, 2026

The Council of the European Union has approved two agreements aimed at strengthening political cooperation and expanding trade relations between the European Union and Mexico, marking a major upgrade of the bilateral partnership framework established in 2000. The Council adopted decisions authorising the signing of the Political, Economic and Cooperation Strategic

Sustainability

EU Sustainability Rules Push Vietnam’s Textile Industry Towards Green Transition

Textile Insights May 21, 2026

Vietnam’s textile and apparel industry is accelerating its shift towards sustainable manufacturing as tightening environmental regulations in the European Union reshape export requirements for global suppliers. With the EU remaining one of Vietnam’s largest export markets, textile and footwear manufacturers are increasingly focusing on circular production models, lower

Garware Technical Fibres Reports Stable Q4 Performance

Apparel Exports Drag India’s Textile Shipments Lower In April

Cotton Crunch Raises Concerns Across Textile Sector

Kota Doria-Eri Silk Blend Project Targets Premium Global Handloom Market

India-Italy Partnership Opens New Textile Trade Opportunities

RBI Likely To Maintain Repo Rate At 5.25% Through FY27: India Ratings

Egypt Launches Cotton Festival Initiative To Support Textile MSMEs

EU Approves New Trade Agreements With Mexico To Expand Market Access

EU Sustainability Rules Push Vietnam’s Textile Industry Towards Green Transition

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