Ludhiana’s textile and hosiery industry has remained largely insulated from the ongoing LPG shortage that has disrupted manufacturing activity in several parts of the country, thanks to its continued reliance on alternative fuels. Unlike major textile hubs such as Surat, where a widespread
Moody’s Ratings has lowered India’s GDP growth forecast for FY27 to 6%, down from its earlier estimate of 6.8%, citing the economic impact of the ongoing West Asia conflict on energy supplies, inflation, and overall growth momentum. In its latest credit opinion report, Moody’s warned that prolonged disruptions particularly in LPG shipments could lead to […]
The proposed EU–India Free Trade Agreement is set to reshape sector-level dynamics across Europe, even as its overall macroeconomic impact remains limited, according to the latest outlook by EY. The report indicates that while the agreement is unlikely to significantly alter EU GDP growth, it could trigger meaningful changes within specific industries by improving market
Tiruppur, India’s leading textile hub, is accelerating its transition to piped natural gas (PNG) as manufacturers respond to an ongoing LPG shortage triggered by the US–Israel–Iran conflict while also aligning with tightening global sustainability requirements. The shift gained momentum during a joint industry session organised by the Tiruppur Exporters’ Association (TEA)
PDS Limited has announced a Sourcing as a Service (SaaS) contract with a leading US-based value retailer, marking a significant step in expanding its global sourcing footprint. Under the agreement, PDS will deliver end-to-end sourcing support, leveraging its global capabilities in vendor management, compliance and supply chain execution. The US retailer, known for its
Leaders from the global textile industry, policymakers and stakeholders convened in Hyderabad for ATEXCON 2026, Asia’s premier textile summit. Co-hosted by the Confederation of Indian Textile Industry (CITI) and the Government of Telangana, the 13th Asian Textile Conference focused on creating a resilient and future-ready global textile sector. Telangana Chief
Brückner Textile Technologies is set to highlight its broad portfolio of finishing technologies at Techtextil 2026, taking place in Frankfurt from April 21–24, with a strong focus on efficiency, sustainability, automation and process reliability. Positioning product diversity as a key growth driver, the company will showcase customised solutions for technical textile
The Confederation of Indian Industry (CII) has welcomed the Government of India’s decision to extend the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme and introduce a one-time concessional framework for Domestic Tariff Area (DTA) sales by Special Economic Zone (SEZ) units. In a statement, Chandrajit Banerjee, Director General, CII, highlighted that the
The British Fashion Council (BFC) has launched its new long-term strategy, BFC 2030: Access, Creativity, Growth, marking a significant shift in its role from industry promotion to sustained support for designers and businesses. Led by Chief Executive Laura Weir, the strategy positions the BFC as an incubator for the fashion industry, bringing together funding, education,
The Northern India Textile Mills’ Association (NITMA) has welcomed the government’s decision to eliminate customs duty on PTA and MEG until June 30, 2026, calling it a timely relief for the man-made fibre (MMF) sector amid ongoing global disruptions. PTA (Purified Terephthalic Acid) and MEG (Mono Ethylene Glycol) are key raw materials for polyester staple […]





















