The Council of the European Union has approved two agreements aimed at strengthening political cooperation and expanding trade relations between the European Union and Mexico, marking a major upgrade of the bilateral partnership framework established in 2000. The Council adopted decisions
Vietnam’s textile and apparel industry is accelerating its shift towards sustainable manufacturing as tightening environmental regulations in the European Union reshape export requirements for global suppliers. With the EU remaining one of Vietnam’s largest export markets, textile and footwear manufacturers are increasingly focusing on circular production models, lower
Vietnam’s economy is expected to maintain strong growth momentum in 2026 despite increasing global uncertainties, supported by resilient exports, investment activity and ongoing structural reforms, according to the latest economic update released by the World Bank. The World Bank projected Vietnam’s GDP growth at 6.8% in 2026 following an estimated expansion of 8% in 2025,
Ministry of Textiles organized a national seminar on New Age Fibres – Innovation, Research and the Road Ahead in New Delhi, bringing together policymakers, industry leaders, researchers, startups and academia to discuss the future of sustainable fibres in India’s textile sector. The seminar was inaugurated by Giriraj Singh, who highlighted the strategic importance of
India’s polyester recycling industry is at a turning point. For years, fibre manufacturers relied heavily on a flexible raw material strategy, blending PET bottle flakes with lower-grade inputs to maintain production. This approach allowed the industry to function efficiently despite inconsistencies in feedstock quality. However, recent shifts in sustainability practices
Uster Technologies is strengthening its focus on data-driven raw material management with Uster FiberQ, a solution designed to help spinners improve quality consistency, process stability and raw material utilization, particularly for recycled yarn production. Turkish denim manufacturer ORTA Anadolu has adopted the FiberQ system to support its sustainable denim
KARL MAYER has introduced the RS 2 Net, a new Raschel machine designed for high-speed production of shade nets and technical net fabrics. The company claims the machine is currently the fastest net machine on the market, capable of reaching speeds of up to 1,200 stitches per minute depending on pattern configuration and raw material. […]
BSL Limited reported stable financial performance for FY26 despite continued pressure on the textile industry from weak demand, volatile raw material prices and rising logistics costs. The company posted revenue of ₹657 crore for FY26, marginally lower than ₹667 crore reported in FY25. EBITDA for the year stood at ₹50 crore compared to ₹60 crore […]
Siyaram Silk Mills Limited reported a 15 percent year-on-year rise in profit after tax (PAT) to Rs 228 crore for FY26, driven by improved consumer demand, festive and wedding season spending, and steady retail expansion. The company’s total income for FY26 rose 16 per cent YoY to Rs 2,653 crore, while EBITDA increased 17 percent […]
Harikanta Overseas is set to launch its initial public offering (IPO) on May 20, 2026, with the company aiming to raise up to Rs 25.63 crore through the issue. The IPO comprises 26.70 lakh equity shares with a price band of Rs 91-96 per share. The issue will close on May 22, 2026, and the […]





















