News - Textile Insights - Page 50

Financial Results

Snitch Revenue Jumps 80% To Rs 900 Cr In FY26

Textile Insights April 15, 2026

D2C fashion brand Snitch has reported an 80% surge in revenue for FY26, reaching Rs 900 crore compared to Rs 498 crore in the previous fiscal, reflecting strong momentum in India’s fast-growing direct-to-consumer segment. According to unaudited figures shared by founder and CEO Siddharth

Cotton

CAI Raises 2025–26 Cotton Estimate To 324 Lakh Bales

Textile Insights April 15, 2026

The Cotton Association of India has raised its estimate of India’s cotton pressing for the 2025–26 season to 324 lakh bales (±3%), reflecting improved output projections across key producing regions. The revised figure, finalised at a Crop Committee meeting held on April 10, 2026, marks an increase of 3.5 lakh bales from the earlier estimate […]

Policies

PLI Round 3 Clears 52 Textile Projects Worth Rs 6708 Crore

Textile Insights April 15, 2026

The government has cleared 52 fresh proposals under the third round of the Production-Linked Incentive (PLI) Scheme for Textiles, with a projected investment of Rs 6,708 crore, reinforcing its push to strengthen high-value manufacturing in the sector. According to the Ministry of Textiles, the approved applications span key segments, including five in man-made fibre (MMF)

Export

Hormuz Blockade Threat Looms Over India’s Exports

Textile Insights April 15, 2026

A potential US naval blockade of the Strait of Hormuz, announced by President Donald Trump after the collapse of peace negotiations with Iran, is raising serious concerns for Indian exporters already grappling with multiple global headwinds. The move could introduce an additional layer of uncertainty for global trade, particularly for India, where exporters are facing […]

Technology

Heberlein, Bozok Drive Innovation In Türkiye’s Yarn Industry

Textile Insights April 14, 2026

Heberlein is strengthening its presence in Türkiye’s synthetic yarn market through advanced technology and its long-standing partnership with Bozok Mümessillik Makina Kimya San. ve Tic. A.Ş.. Together, the two companies are supporting filament yarn producers with a combination of global innovation and local expertise. Türkiye continues to be a key hub for textile and

Product Launch & Innovation

SOKO Unveils Sustainable Denim Innovations At Kingpins Amsterdam

Textile Insights April 14, 2026

SOKO is set to showcase its latest sustainable denim innovations at the Kingpins Show Amsterdam on April 15–16, highlighting advanced finishing technologies and collaborative developments aimed at redefining performance and environmental responsibility in the denim sector. At the event, SOKO will present Soko Shadow, a new dyeing solution designed to create distinctive

Product Launch & Innovation

Lenzing Launches Three-Tier Fiber System For Next-Gen Protective Wear

Textile Insights April 14, 2026

Lenzing Group has introduced a new three-tier cellulosic fiber portfolio for protective wear, marking a major expansion of its flame-resistant (FR) solutions portfolio. Branded as Lenzing Solutions for Protective Wear, the integrated system combines LENZING FR fibers and TENCEL Lyocell fibers to offer tailored solutions across different levels of protection. The newly

Cotton

Punjab Offers 33% Seed Subsidy To Revive Cotton Acreage

Textile Insights April 14, 2026

Punjab has rolled out a 33% subsidy on indigenous and Bt cotton seeds to encourage farmers to return to cotton cultivation, which has witnessed a prolonged decline. The benefit will be limited to seed varieties approved by Punjab Agricultural University and will be applicable for up to five acres per farmer. Applications will be accepted […]

Economy

West Asia Crisis May Widen India’s Cad TO 2%: Crisil

Textile Insights April 14, 2026

A prolonged crisis in West Asia could push India’s current account deficit (CAD) to around 2% of GDP, as higher energy costs and weaker external inflows strain the country’s external balance, according to a report by CRISIL. The report highlights that under a stress scenario, rising crude oil prices, higher natural gas costs and increased […]

PLI Scheme

Policies

Govt To Expand Textile PLI Scheme, Boost MMF & Technical Segments

Textile Insights April 14, 2026

The government is set to broaden the scope of its Rs 10,683 crore Production-Linked Incentive (PLI) scheme for textiles, with plans to include a wider range of products across man-made fibre (MMF) apparel, fabrics and technical textiles. Announcing the move, Giriraj Singh said the expansion is aimed at strengthening the sector by attracting fresh investments, […]

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