The Lenzing Group has reported a return to profitability in the first quarter of 2026, posting a net profit of EUR 24 million after three consecutive loss-making quarters in 2025. The company also delivered a strong improvement in free cash flow, reflecting the impact of its ongoing
Kazakhstan is accelerating efforts to build a self-reliant textile industry through a new $360 million partnership with Chinese textile major Xinjiang Lihua. The project aims to establish a vertically integrated cotton-textile cluster in southern Kazakhstan, strengthening domestic manufacturing capabilities while reducing dependence on textile imports. The initiative was
As Africa Sourcing and Fashion Week (ASFW) opened in Nairobi, Messe Frankfurt announced that its leading textile trade fair brands Texworld, Apparel Sourcing and Texprocess will be held in Kenya for the first time from 2027 as part of ASFW Nairobi. The move marks a significant expansion of Messe Frankfurt’s Texpertise Network in East Africa […]
Mafatlal Industries Limited has reported its highest-ever annual revenue from operations for FY26, driven by strong execution across its textile, uniforms and consumer durable businesses. The company posted standalone revenue from operations of Rs. 3,870.4 crore in FY26, registering a robust growth of 37.9 percent compared to Rs. 2,807.2 crore in FY25. Profit before tax
RSWM Ltd., one of India’s leading manufacturers of value-added synthetic, mélange, cotton and blended yarns, denim fabric, knitted fabric and green polyester fibre, has reported a turnaround performance for FY26, posting a consolidated PAT of Rs 52 crore against a loss in the previous fiscal. The company reported FY26 revenue of Rs 4,554 crore as […]
Fabindia has unveiled its Mother’s Day campaign, Echoes of Us, celebrating the enduring influence of mothers across generations through values, expressions and everyday traditions. The campaign explores the emotional bond between mothers and children, highlighting how habits, gestures and personal expressions are quietly inherited over time. Moving beyond the idea of a
Sutlej Textiles and Industries Limited reported a strong improvement in operating performance during the fourth quarter of FY26, with standalone EBITDA more than doubling year-on-year to Rs 37 crore as the company focused on product mix optimization, cost discipline and operational efficiencies. The company posted standalone total income of Rs 699 crore for Q4 FY26, […]
The Union Cabinet has approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to support businesses facing short-term liquidity pressures arising from the ongoing West Asia crisis. The scheme extends credit guarantee coverage to eligible borrowers, including MSMEs, larger enterprises with existing working capital limits, and scheduled passenger airlines. To
The Union Cabinet, chaired by Narendra Modi, has approved the Mission for Cotton Productivity with an outlay of Rs 5,659.22 crore for the period 2026–27 to 2030–31, aimed at addressing structural challenges in India’s cotton sector and strengthening its global competitiveness. Aligned with the government’s 5F vision Farm to Fibre to Factory to Fashion to […]
India is witnessing a significant surge in foreign direct investment (FDI) commitments in 2025, reflecting growing global confidence in the country as a manufacturing and sourcing hub. While investments span multiple sectors, the trend is expected to have a positive spillover on the textile and apparel industry. A large share of the committed investments is […]





















