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Indian Textile Industry Trends For 2024 & Beyond

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Sustainability

Textile Start-Up Evrnu To Focus On Recycling Denim

Textile Insights December 29, 2023
Seattle-based start-up Evrnu has partnering with UK fashion and textile innovator Pangaia to focus on recycling denim, one of the most challenging forms of cotton. The process, known as NuCycle, mechanically and chemically transforms solid cotton into pulp and then reconstitutes it into fibres
Export

Vietnamese Textile & Clothing Exporters Seek Govt Assistance

Textile Insights December 29, 2023
The Vietnamese textile and garment export sector which has been witnessing a declining trend since the beginning of this year is seeking assistance from the government to navigate the challenges. “Textile and garment exports started slowing down in the final months of 2022, and there haven’t been any signs of improvement,” Le Tien Truong, Chairman […]
Industry

Trend Of Layoffs Continue In Indonesian Textile Sector

Textile Insights December 29, 2023
The trend of layoffs is continuing in the Indonesian textile and garment sector which started since the beginning of this year. According to the Confederation of Indonesian Workers’ Unions (KSPN) more than 7,000 workers have been laid off since the beginning of 2023 in both the textile and apparel industries. KSPN President Ristadi pointed out […]
Industry

Indian Ministry Of Textiles Showcases 2023 Achievements

Textile Insights December 29, 2023
The Indian Ministry of Textiles launched several initiatives in 2023, which include PM MITRA Parks, Kasturi brand cotton and garnered investment of around Rs 2,119 crore under PLI Scheme. The initiatives also include 126 research proposals approved and valued at Rs 371 crore under National Technical Textile Mission (NTTM) for speciality fibre and technical textile. […]
Industry

Indian Textile & Garment Sector Worst Affected Worldwide

Textile Insights December 29, 2023
The Indian textiles and apparel industry is the worst affected among various textile and garment producing countries due to various challenges. “Challenges include on the raw material front, both cotton and manmade fibres, and a steep increase in power cost,” President of International Textile Manufacturers Federation (ITMF), KV Srinivasan said. “Urgent measures on policy
Industry

Investments To Contract In Indonesian Textile Industry

Textile Insights December 28, 2023
The Indonesian Textile Association (API) anticipates investments in the textile industry to contract in 2024, on expectations of the economic slowdown continuing in its key export markets. According to Jemmy Kartiwa Sastraatmaja, Chairman of API, the worldwide economy is not in good shape and is forecast to weaken, while at the same time, interest rates […]
Product Launch & Innovation

New Conductive Cotton Based Fibre For Use In Smart Textiles

Textile Insights December 28, 2023
A single strand of fibre developed at Washington State University has the flexibility of cotton and the electric conductivity of a polymer, called Polyaniline and show good potential for smart textiles. The WSU researcher tested the fibres with a system that powered an LED light and another that sensed ammonia gas, detailing their findings in […]
Industry

Faridabad Textile Owners Get Nod For Land In UP’s Jewar

Textile Insights December 28, 2023
Uttar Pradesh has approved a proposal from textile industrialists based in Haryana’s Faridabad, to expand their textile business to Jewar, in Greater Noida. During the meeting with the Chief Minister of Uttar Pradesh, the textile industrialists sought land to set up factories near the upcoming Jewar International Airport. According to Jewar MLA Dhirendra Singh, the […]
Export

Indian Textile & Apparel Export Shipments Freight Spikes 40%

Textile Insights December 28, 2023
The attack on merchant ships by Houthi rebel attacks in the Red Sea has spiked freight rates by 40 percent, with expectations of them going up and impacting Indian textile and garment export costs. Red sea is one of the busiest sea routes that connect Asia and Europe, but the attacks have forced ships to […]
Export

Between Jan & Nov Cambodian Garment Exports Down 14.8%

Textile Insights December 28, 2023
In the first eleven months of the current year, Cambodian apparel exports dropped 14.8 percent to US $7.2 billion from $8.48 billion in the same period of 2022. According to a Ministry of Commerce official, clothing overseas shipments declined primarily due to reduced consumer spending and economic slowdown in its main markets of the US […]
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