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Trade & Market

Shipping Disruptions Raise Global Trade Costs, WTO Warned

Textile Insights June 2, 2026

Global shipping leaders have flagged rising freight costs and mounting capacity pressures as ongoing disruptions across key maritime trade routes continue to strain global commerce. During a meeting with WTO Director-General Ngozi Okonjo-Iweala, senior executives from leading shipping companies

Economy

Crude Prices Likely To Stay Elevated As Global Supply Pressures Persist

Textile Insights June 2, 2026

Global crude oil prices are unlikely to return to their pre-conflict levels of the high US$ 60s to low US$ 70s per barrel, with analysts expecting a prolonged period of elevated prices as supply chains gradually stabilise. According to Bank of America (BofA), even under an optimistic scenario, crude is expected to settle in a […]

Trade & Market

India, Uzbekistan Sign Key WTO Market Access Protocol

Textile Insights June 2, 2026

India and Uzbekistan have signed a protocol concluding bilateral market access negotiations, marking a significant milestone in Uzbekistan’s ongoing accession process to the World Trade Organization (WTO). The development was announced by Uzbekistan’s WTO envoy and chief negotiator Azizbek Urunov, who said the substantive market access agreements with India had been

Economy

RBI Projects India’s Economy To Grow 6.9% In 2026-27 Despite Global Headwinds

Textile Insights June 2, 2026

India’s economy is projected to grow 6.9 percent in 2026-27, remaining resilient despite global uncertainties, according to the Reserve Bank of India’s Annual Report 2025-26. The RBI said strong domestic fundamentals, stable demand, lower export dependence and continued policy support will help sustain growth momentum. However, the central bank flagged risks from the

Policies

India, Eurasian Economic Union Accelerate Free Trade Agreement Talks

Textile Insights June 2, 2026

Negotiations for a Free Trade Agreement (FTA) between India and the Eurasian Economic Union (EAEU) have gained momentum, with Russian President Vladimir Putin confirming that discussions have accelerated as both sides seek to strengthen economic cooperation. The EAEU comprising Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan, has been expanding its global trade

Dyes & Chemicals

Textile Ministry Seeks Pause On Anti-Dumping Probes Amid Chemical Supply Crunch

Textile Insights June 2, 2026

The Ministry of Textiles and several industry bodies have urged the government to temporarily pause anti-dumping investigations on key chemical intermediaries as supply disruptions and rising prices, triggered by the West Asia conflict, strain downstream sectors. The Ministry has reportedly raised concerns over raw material availability for products such as elastomeric

Corporates

Lululemon Adds Two Directors In Deal With Founder Chip Wilson

Textile Insights June 1, 2026

Lululemon has entered into a cooperation agreement with founder and major shareholder Chip Wilson, paving the way for board changes aimed at strengthening the company’s leadership and growth strategy. Under the agreement, Laura Gentile, former Chief Marketing Officer of ESPN and Marc Maurer, former Co-Chief Executive Officer of On, will join Lululemon’s Board of Directors

Product Launch & Innovation

Dillos Launches UPF 50+ Sun Onesie For Babies And Toddlers

Textile Insights June 1, 2026

Children’s sunwear brand Dillos has launched the Sun Onesie, a UPF 50+ full-coverage garment designed to provide enhanced sun protection for babies and toddlers while ensuring breathability and comfort during outdoor use. Designed for children aged three months and above, the new product combines full-body UV protection with cooling features aimed at addressing concerns

Corporates

Oil Green–Hindustan Waste JV To Advance Circular Bioenergy Infrastructure

Textile Insights June 1, 2026

In a significant move aligned with India’s circular economy and clean energy ambitions, OIL Green Energy Ltd, a wholly owned subsidiary of Oil India Ltd, has signed a joint venture agreement with Hindustan Waste Treatment Pvt. Ltd. to jointly develop integrated bioenergy and sustainable waste management projects across the country. The partnership will establish a […]

Sustainability

Lindex And BASF Bring Textile-To-Textile Recycled Polyamide To Lingerie

Textile Insights June 1, 2026

Lindex has partnered with BASF to introduce textile-to-textile recycled polyamide into the lingerie segment, marking a significant step towards circular material innovation in fashion. Through the collaboration, Lindex will integrate BASF’s loopamid, a recycled polyamide 6 produced entirely from textile waste, into selected lingerie products scheduled for launch in early

Shipping Disruptions Raise Global Trade Costs, WTO Warned

Crude Prices Likely To Stay Elevated As Global Supply Pressures Persist

India, Uzbekistan Sign Key WTO Market Access Protocol

RBI Projects India’s Economy To Grow 6.9% In 2026-27 Despite Global Headwinds

India, Eurasian Economic Union Accelerate Free Trade Agreement Talks

Textile Ministry Seeks Pause On Anti-Dumping Probes Amid Chemical Supply Crunch

Lululemon Adds Two Directors In Deal With Founder Chip Wilson

Dillos Launches UPF 50+ Sun Onesie For Babies And Toddlers

Oil Green–Hindustan Waste JV To Advance Circular Bioenergy Infrastructure

Lindex And BASF Bring Textile-To-Textile Recycled Polyamide To Lingerie

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