News - Textile Insights - Page 8

Economy

S&P Global Raises India’s FY27 Growth Outlook To 7.1%, Flags Geopolitical Risks

Textile Insights March 26, 2026

S&P Global has revised India’s economic growth forecast upward for FY2026–27, projecting GDP expansion at 7.1 percent, an increase of 40 basis points from its earlier estimate. Despite the upgrade, the agency expects growth to moderate from the estimated 7.6 per cent in the current fiscal

Event

FESPA 2026 Expands Conference Line-Up And Event Portfolio

Textile Insights March 25, 2026

FESPA has announced an expanded line-up of conference programmes and feature highlights for its 2026 events, scheduled to take place at Fira de Barcelona Gran Via from May 19–22, 2026. The event will bring together six co-located shows, FESPA Global Print Expo, European Sign Expo, Personalisation Experience, WrapFest, Corrugated and Textile, alongside three dedicated

Policies

India Restores Full RoDTEP Benefits To Cushion Exporters From West Asia Disruptions

Textile Insights March 25, 2026

In a swift policy response to escalating trade challenges linked to West Asia disruptions, the Government of India has reinstated full benefits under the RoDTEP Scheme with effect from March 23, 2026. The decision comes amid ongoing disruptions in West Asia that have impacted maritime trade routes, increased freight costs and altered transit schedules for […]

Apparel, Fashion, Retail

TechnoSport Opens 45th EBO In Bhagalpur

Textile Insights March 25, 2026

TechnoSport has expanded its retail footprint with the launch of its 45th Exclusive Brand Outlet (EBO) in Bhagalpur, marking a strategic move to deepen its presence in emerging Tier-2 and Tier-3 markets. Located on Dr. Rajendra Prasad Road, the new ~3,000 sq. ft. store underscores the brand’s focus on strengthening organised retail across high-growth regional […]

Corporates

ACG Kinna Expands Operations After Record-Breaking Year

Textile Insights March 25, 2026

In response to surging demand for end-to-end textile automation solutions, ACG Kinna has inaugurated a 1,000-square-metre expansion at its headquarters in Skene. The company is a member of TMAS. The newly added facility, directly connected to the existing site, will centralise operations by accommodating additional staff and creating dedicated space for specialised

Economy

Nomura Flags Oil Shock Risks For Asia’s Import-Dependent Economies

Textile Insights March 24, 2026

The escalating Iran conflict has triggered a sharp surge in global oil prices, posing significant risks for oil-dependent Asian economies, with countries such as India, Thailand, South Korea and Philippines among the most vulnerable due to their high reliance on imported energy, according to a report by Nomura. In contrast, Malaysia could emerge as a […]

Trade & Market

Indo-Tibet Trade Via Shipki La Set To Resume From June

Textile Insights March 24, 2026

The long-suspended Indo-Tibet trade route through the Shipki La pass in Kinnaur is set to reopen from June this year, marking a significant revival of traditional cross-border commerce halted since 2020 due to the Covid-19 pandemic. Himachal Pradesh’s Tribal Development and Revenue Minister Jagat Singh Negi said the easing of earlier restrictions and improving conditions

Economy

Rupee Breaches 94 Mark, Recovers On RBI Support

Textile Insights March 24, 2026

The Indian rupee briefly slipped past the 94 per dollar mark for the first time in intraday trade on March 23rd, before staging a recovery to close unchanged at 93.53 against the US dollar, as persistent global and domestic pressures kept the currency volatile. At the interbank foreign exchange market, the rupee opened weaker at […]

Trade & Market

India Boosts Trade, Investment Talks Globally

Textile Insights March 24, 2026

India’s push to deepen global economic partnerships and strengthen domestic industry gathered pace as Union Commerce and Industry Minister Piyush Goyal held a series of high-level interactions with international counterparts and business leaders. In a virtual meeting with Marcelo Ebrard, Secretary of Economy of Mexico, the discussions centred on expanding bilateral trade,

Cotton

CITI–CDRA Showcases Machine Cotton Harvesting Demo In Nagpur

Textile Insights March 24, 2026

The Confederation of Indian Textile Industry–Cotton Development and Research Association (CITI–CDRA), in collaboration with the ICAR-Central Institute for Cotton Research, Shaktiman Agro and RASI Seeds, organised a live demonstration on machine harvesting of cotton at the HDPS Cotton Farm of CICR in Nagpur on February 27. The programme featured a technical session with

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