News - Textile Insights - Page 9

Economy

India’s Gulf Exposure Turns Risky Amid West Asia Conflict

Textile Insights March 24, 2026

India’s economic resilience is coming under renewed pressure as escalating tensions involving the United States, Israel and Iran begin to disrupt its deep economic linkages with the Gulf, a region central to its energy security, trade flows and remittance inflows according to a report by The

Industry

OMCs Raise Industrial Diesel Prices by 25%, Keep Retail Rates Unchanged

Textile Insights March 23, 2026

State-owned oil marketing companies have implemented a steep hike in industrial diesel prices, raising rates by Rs 22 per litre while leaving retail prices unchanged, signalling a targeted approach to margin recovery amid sustained pressure from global crude markets. As per a March 22 report by Nomura, the price of diesel sold to bulk and […]

Industry

Surat Processing Units Slow Production As Energy, Raw Material Costs Surge

Textile Insights March 23, 2026

Surat’s textile processing sector is scaling down operations, with mills set to remain shut two days a week as cost pressures and supply disruptions intensify. The decision, taken unanimously by the South Gujarat Textile Processors Association (SGTPA), reflects growing stress in one of India’s largest textile manufacturing hubs. The move is aimed at curbing production […]

Event

Gartex Texprocess India Mumbai To Spotlight Apparel Manufacturing Innovation

Textile Insights March 23, 2026

Gartex Texprocess India Mumbai, incorporating The Denim Show, will bring together the garment and apparel manufacturing value chain from April 9–11, 2026, at the Bombay Exhibition Centre. Amid strong growth in India’s USD 179 billion textile sector, the exhibition will serve as a key platform for machinery manufacturers, technology providers, fabric suppliers, and

Corporates

Vardhman Polytex Approves Rs 35 Crore NCD Issue

Textile Insights March 23, 2026

Vardhman Polytex has approved the issuance of INR-denominated, listed, senior, secured, rated, redeemable Non-Convertible Debentures (NCDs) worth up to Rs 35 crore on a private placement basis. The decision was cleared by the company’s board of directors at its meeting held on March 19, 2026, subject to necessary regulatory approvals. Vardhman Polytex is engaged in […]

Corporates

Tata Chemicals Completes Novabay Acquisition To Expand Global Presence

Textile Insights March 23, 2026

Tata Chemicals, through its wholly-owned subsidiary Tata Chemicals International Pte. Ltd, has completed the acquisition of Novabay Pte. Ltd on March 19, 2026. The transaction, first announced in December 2025, was finalised following the fulfilment of conditions outlined in the share purchase agreement. The acquisition marks a key step in strengthening Tata Chemicals’

Apparel, Fashion, Retail

NRF Sees 4.4% Retail Sales Growth In 2026

Textile Insights March 23, 2026

The National Retail Federation has projected U.S. retail sales to grow 4.4% year-on-year in 2026, reaching $5.6 trillion, supported by resilient consumer spending and stable economic fundamentals. The forecast, developed in collaboration with Oxford Economics, was unveiled at NRF’s annual State of Retail & the Consumer event. It surpasses the 10-year average growth

Apparel, Fashion, Retail

Pantaloons Launches Samantha Ruth Prabhu’s ‘Truly SMA’ Label

Textile Insights March 23, 2026

Pantaloons, part of Aditya Birla Fashion and Retail Ltd., has introduced ‘Truly SMA,’ a contemporary fashion label by actor Samantha Ruth Prabhu, marking a deeper collaboration with the brand ambassador. The label was unveiled at Pantaloons’ flagship store in Hyderabad, drawing strong interest from fashion enthusiasts. The launch reflects Pantaloons’ strategy to expand its

Apparel, Fashion, Retail

Levi’s Unveils ‘Behind Every Original’ Campaign In India With Alia Bhatt

Textile Insights March 23, 2026

The Levi’s brand has launched its 2026 global campaign, ‘Behind Every Original,’ in India, featuring global brand ambassador Alia Bhatt as the face of the initiative. Building on a legacy spanning over 150 years, Levi’s continues to position itself at the intersection of culture, fashion, music and art. The new campaign celebrates the spirit of […]

Corporates

Lululemon Appoints Former Levi’s CEO Chip Bergh To Board

Textile Insights March 23, 2026

Lululemon Athletica inc. has appointed Chip Bergh, former President and CEO of Levi Strauss & Co., to its Board of Directors, effective immediately. The appointment is part of Lululemon’s ongoing board refresh strategy, with five independent directors added over the past five years. The company said Bergh’s extensive experience in brand transformation, retail growth

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