News - Textile Insights - Page 23

Cotton

Global Cotton Output Likely To Edge Past Consumption, But Supply Risks Persist

Textile Insights September 8, 2026

Global cotton production is expected to marginally exceed consumption in the 2026-27 season, but the projected surplus could narrow as weather, pest and crop-related risks emerge, according to the International Cotton Advisory Committee (ICAC). Global cotton output is projected at 26.2 million

Trade & Market

Global Knitwear Trade Nears US$ 290 Billion As Industry Expands Its Share

Textile Insights September 8, 2026

The global apparel trade is witnessing a structural shift towards knitwear, driven by changing consumer preferences and rising demand for casual, stretch and performance-oriented clothing. Global knitwear exports increased from US$ 145.2 billion in 2006 to US$ 289.1 billion in 2025, more than doubling over the period. As a result, knitwear’s share of global textile […]

Industry

Tamil Nadu To Modernise Six State-Run Textile Mills

Textile Insights September 8, 2026

The Tamil Nadu government plans to modernise six spinning mills operated by the State, with an estimated investment of Rs 12 crore, Minister for Handlooms, Textiles and Khadi Vijay Balaji said. The modernisation programme will focus on upgrading the mills to improve their operational efficiency and production capabilities. The government is also planning to install […]

Economy

Port Of Tauranga’s Stella Passage Project Gets Fast-Track Approval

Textile Insights September 7, 2026

Port of Tauranga’s Stella Passage development has received approval under New Zealand’s Fast-track Approvals Act 2024, subject to conditions, clearing a key regulatory hurdle for the major port expansion project. Port of Tauranga chief financial officer Simon Kebbell said the approval was an important milestone for infrastructure aimed at supporting New Zealand’s future

Industry

UK-Vietnam Trade Pact Boosts Textile Exports, But Compliance Remains Hurdle

Textile Insights September 7, 2026

Vietnam’s textile and garment exports to the UK have gained momentum under the UK-Vietnam Free Trade Agreement (UKVFTA), but exporters will need to strengthen supply chains and meet tougher sustainability and traceability norms to expand their market share. The UK’s share of Vietnam’s textile and garment exports increased from 1.7% in 2020 to 2% last […]

Industry

European Textile Industry Seeks €10 Fee On Fashion Imports

Textile Insights September 7, 2026

European textile manufacturers have called for a €10 handling fee on fashion imports as the industry steps up pressure on the European Union to curb the influx of ultra-cheap products, particularly from China. Euratex, the federation representing European textile and clothing associations, said the proposed fee would provide customs authorities with additional resources to

Industry

Tiruppur Garment Industry Moves To Tackle Rising Yarn Prices

Textile Insights September 7, 2026

Garment manufacturers in Tiruppur have formed a Joint Committee of Tiruppur Textile Cluster to address the sharp increase in cotton yarn prices and its impact on the region’s textile and apparel industry. Representatives of nine industry associations, including job-working units, met on September 2 and agreed to engage with four major textile mill associations. The […]

Corporates

PI Cottex To Raise Capacity To 1,000 Tonnes, Backs Brückner Technology

Textile Insights September 7, 2026

PI Cottex, a vertically integrated manufacturer of knitted fabrics based in Ludhiana, is targeting a significant capacity expansion over the next two to five years, with monthly production expected to rise from around 600 tonnes to 1,000 tonnes. The company plans to support the expansion through investments in automation, advanced technologies and quality assurance

Industry

Indian Diaspora In Laos A Living Bridge Between Two Nations: Minister

Textile Insights September 7, 2026

The Indian diaspora in Lao PDR has an important role to play in strengthening ties between the two countries, Minister of State for External Affairs Pabitra Margherita said at a reception held here. The reception was attended by Ambassador of India to Lao PDR Yogeshwar Sangwan, alumni of the Indian Technical and Economic Cooperation (ITEC) […]

Policies

India-EU FTA May Open New Growth Avenue For Textile Industry

Textile Insights September 7, 2026

The proposed India-European Union Free Trade Agreement (FTA) could provide a major growth opportunity for India’s textile and apparel industry, with the sector stepping up engagement with European retailers, fashion brands and sourcing platforms ahead of the pact’s expected implementation early next year. A high-level delegation from the Ministry of Textiles and leading

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