News - Textile Insights - Page 67

Policies

Centre Reviews Jute Crop Readiness, Signs Mou For Northeast Sector Boost

Textile Insights March 20, 2026

The Ministry of Textiles has reviewed the status of jute cultivation and preparedness for the ongoing crop season, while also signing a key agreement to strengthen the jute value chain in the Northeast. The review was chaired by Neelam Shami Rao, Secretary (Textiles) and brought together senior

Export

Tamil Nadu Emerges As India’s Top Textile Exporter With US$ 8 Bn In FY25

Textile Insights March 20, 2026

Tamil Nadu has secured the top position in India’s textile exports, recording shipments worth US$ 7.99 billion in FY2024–25, reflecting a strong growth of over 29% compared to the past four years. The state’s exports have risen steadily from US$ 6.19 billion in FY2020–21, highlighting its growing dominance in the country’s textile trade. With this […]

Event

Intertextile Shenzhen 2026 To Spotlight Textile Innovation And AI-Driven Fashion

Textile Insights March 20, 2026

Intertextile Shenzhen Apparel Fabrics 2026 will return from June 9–11 with a strong focus on textile innovation, aligning with Shenzhen’s emergence as a hub for AI-driven fashion and technology. Organised by Messe Frankfurt and partners, the fair will highlight the integration of AI across the textile value chain from design and inspection to data and […]

Product Launch & Innovation

Birla Cellulose Launches Livaeco Lyocell At Confluence 2026 In Coimbatore

Textile Insights March 20, 2026

Birla Cellulose, a part of the Aditya Birla Group and one of the world’s leading producers of man-made cellulosic fibres (MMCF), announced the launch of Livaeco™ Lyocell, its next-generation sustainable fibre, at Confluence 2026, the company’s flagship industry platform held in Coimbatore. The launch brought together leaders from across the textile value chain including

Financial Results

Lenzing Improves EBITDA, Cash Flow Amid Ongoing Market Pressures

Textile Insights March 19, 2026

The Lenzing Group reported a resilient financial performance in 2025, with improved profitability and cash flow despite continued market headwinds. Revenue declined slightly by 2.3% to €2.6 billion, impacted by lower fiber volumes, subdued demand, and falling prices for fibers and pulp. However, the company’s performance programme delivered results, with adjusted EBITDA

Event

Myntra Hosts First ‘Seller Growth Connect’ In Surat To Scale Emerging Brands

Textile Insights March 19, 2026

Myntra has launched its first ‘Seller Growth Connect’ in Surat, bringing together nearly 300 brands as part of its push to help emerging fashion and lifestyle sellers scale nationally. The multi-city initiative is designed to support small and medium businesses by equipping them with technology, insights and structured growth frameworks to expand beyond regional markets.

Cotton

Myanmar Explores Import Of Quality Cotton Seeds From India, Uzbekistan

Textile Insights March 19, 2026

The Myanmar Cotton and Cotton Products Merchants Association is strengthening efforts to improve cotton quality by exploring the import of superior cotton seeds from India and Uzbekistan. During the fourth hybrid meeting held on March 12 at the Myanmar Trade Promotion Organization, the association discussed sourcing long-staple, non-hybrid cotton and high-quality seeds

Industry

Cabinet Clears Rs 33,660 Crore ‘BHAVYA’ Scheme To Build 100 Industrial Parks

Textile Insights March 19, 2026

The Union Cabinet has approved the Bharat Audyogik Vikas Yojna (BHAVYA), a Rs 33,660 crore scheme aimed at developing 100 plug-and-play industrial parks across India to boost manufacturing and infrastructure. The parks, to be developed in partnership with states and private players, will span 100–1,000 acres each and offer ready-to-use industrial infrastructure. The

Cotton

Cabinet Approves Rs 1,718 Crore MSP Support To CCI For 2023–24 Cotton Season

Textile Insights March 19, 2026

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved Rs 1,718.56 crore as Minimum Support Price (MSP) funding for the Cotton Corporation of India (CCI) for the 2023–24 season. The funding is aimed at strengthening MSP operations, which ensure that farmers receive assured prices when market rates fall below the […]

Product Launch & Innovation

Technosport Unveils New Brand Identity Amid Rapid Expansion

Textile Insights March 19, 2026

TechnoSport has introduced a refreshed brand identity as it accelerates growth across retail, digital and marketplace channels. At the core of the rebranding is a redesigned wordmark featuring a bold, forward-leaning italic typeface, reflecting the brand’s focus on speed, energy, and movement. The update aligns with TechnoSport’s evolution into a sharper, more contemporary

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