May 10, 2026
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Cotton

CCI Promotes India-U.S. Textile Partnership With Focus On U.S. Cotton

A media roundtable led by Cotton Council International (CCI) highlighted strategic India-U.S. textile trade partnerships, emphasizing U.S. cotton as the favored choice for Indian spinners. On June 19, in New Delhi, the “COTTON USA™: Weaving Threads of Unity between the U.S. Cotton and Indian Textile Industry” event delved deeper into this collaboration. India’s
Fibre

Direct-Spun PSF Faces Further Inventory Accumulation Pressure In June

The direct-spun PSF market has experienced relatively flat operations from January to May 2024. Apart from significant production cuts and shutdowns during the Spring Festival holiday, the operating rate has remained largely normal. In the first quarter of 2024, the operating rate averaged 76.6%, a slight decrease of 0.7% from the same period last year. […]
Corporates

Sinbon and Makalot Introduce Revolutionary EMS Fitness Suit

Sinbon and Makalot have forged a strategic partnership to capitalize on the burgeoning digital wellness market, projected to reach US$ 1.8 trillion globally by 2024, with the U.S. segment alone anticipated to hit US$ 480 billion this year. The alliance aims to leverage their Soft Electronics/Textile product creation platform, catering to diverse industries worldwide.
Corporates

UMPESL & Draft-Air Partner To Strengthen Business In India

Universal MEP Projects & Engineering Services Limited (UMPESL), a 100% wholly owned subsidiary of Voltas Limited, a TATA Enterprise, announced that it has entered into an agreement for the marketing and sales of humidification plants from the reputed Indian manufacturer, Draft-Air India Pvt. Ltd. This cooperation is expected to strengthen both UMPESL’s and Draft-Air’s
Policies

India Extends PLI Scheme Timeline Amid Textile Export Challenges

The Indian government has decided to extend the timeline for setting up facilities under its Production Linked Incentive (PLI) scheme from two years to over three years. This adjustment aims to improve the scheme’s effectiveness in boosting India’s textile exports, which saw a decline of 11.69% from $16.24 billion in 2018 to $14.34 billion in […]

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