More than 250 open-end (OE) spinning mills in Tamil Nadu have warned that they will reduce production by 50 per cent from next week if cotton waste prices are not brought down further, raising concerns over disruptions in the supply of grey yarn to downstream textile sectors. The warning comes
India and Canada have agreed to accelerate negotiations for a Comprehensive Economic Partnership Agreement (CEPA), with both countries aiming to conclude the trade pact by the end of 2026. The commitment was reaffirmed during a meeting between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney on the sidelines of the G7 Summit in […]
India’s textile exports recorded modest growth in May 2026, but a steep decline in apparel exports dragged down the overall performance of the country’s textile and apparel sector, according to the latest export analysis by the Confederation of Indian Textile Industry (CITI). During May 2026, textile exports increased by 2.47 percent compared to the same […]
The global textile industry showed signs of improvement in May 2026, although challenges related to weak demand, rising costs and geopolitical uncertainties continue to weigh on the sector, according to the 38th Global Textile Industry Survey released by the International Textile Manufacturers Federation (ITMF). The survey, conducted during the second half of May,
India and Sweden have elevated their bilateral relationship to a full Strategic Partnership following Prime Minister Narendra Modi’s visit to Gothenburg on May 17–18, 2026. The two countries also adopted a Joint Action Plan for 2026–2030 aimed at strengthening cooperation in trade, technology, innovation, sustainability and defence. A key outcome of the visit was the
India and the United Kingdom are working to resolve a few outstanding issues that have delayed the implementation of their landmark Free Trade Agreement (FTA), with officials from both countries engaged in discussions to operationalise the pact signed last year. Commerce Secretary Rajesh Agrawal said an Indian delegation is currently in London to address pending […]
India recorded a current account surplus of US$ 4.7 billion in April 2026, reflecting the country’s growing external sector strength despite global economic uncertainties and capital market volatility. The surplus was supported by a sharp rise in remittances and robust foreign direct investment (FDI) inflows, helping offset foreign portfolio investment (FPI) outflows
The Confederation of Indian Textile Industry (CITI) has welcomed the announcement by US President Donald Trump regarding a proposed agreement with Iran aimed at ending the ongoing conflict in West Asia. The industry body expressed optimism that the development will restore stability in the region and provide significant relief to India’s textile and apparel sector.
KARL MAYER has signed an agreement to transfer selected assets from its former STOLL flat knitting business to Ningbo Cixing Co., Ltd., (CIXING Group), marking a significant step in the company’s strategic realignment. Earlier this year, KARL MAYER announced its decision to concentrate on its core business segments Warp Knitting, Warp Preparation and Technical
As global markets increasingly shift toward cleaner and more responsible production systems, Surat’s textile industry has intensified its focus on sustainability, energy efficiency, and green technologies across the manufacturing value chain. A sector-focused awareness workshop titled Sustainable Practices and Green Technologies for the Textile Sector was recently held in





















