August 20, 2026
Industry

India Gains Edge As US Tariffs Hit Textile Rivals

India’s textile and apparel industry is closely monitoring recent US tariff developments, anticipating potential opportunities as trade dynamics shift globally. Between January and May 2025, the US imported $5.11 billion worth of textiles and apparel from India 13% increase over the same period last year, signaling strong export momentum. “We are actively tracking the
Industry

Lesotho Faces Jobs Crisis As US Tariff Fears Grow

Lesotho has declared a national state of disaster due to “high rates of youth unemployment and job losses,” as the country grapples with uncertainty surrounding US tariffs and trade policies. The declaration, effective until 30 June 2027, enables the government to take emergency measures under the Disaster Management Act to mitigate the economic fallout,
Industry

Afreximbank To Build U$5 Bn Textile Hub In Nigeria

The African Export-Import Bank (Afreximbank) will begin construction of a U$ 5 billion integrated textile industrial facility in Nigeria this July, in partnership with Arise IIP and Swiss textile machinery firm Rieter, supported by the Swiss government. The move is part of a continent-wide industrialisation strategy, outgoing President Benedict Oramah announced at the
Industry

MP CM Meets Trident’s Rajinder In Ludhiana

As part of his outreach to industry leaders, Madhya Pradesh Chief Minister Dr. Mohan Yadav visited Rajinder Gupta, Chairman Emeritus of the Trident Group at his residence in Ludhiana. The meeting reflected the strong and longstanding relationship between the Madhya Pradesh government and Trident Group, a leading Indian manufacturer in textiles and paper. The visit […]
Event

CEMATEX Launches Green Forum At ITMA Asia

In response to intensifying global regulations and the growing push for circular economy practices, CEMATEX (European Committee of Textile Machinery Manufacturers) will launch the ITMA Sustainability Forum: Accelerating the Green Transition on 30 October 2025 at Singapore Expo. The half-day forum, held alongside ITMA ASIA + CITME, Singapore 2025, is tailored to support