The conclusion of a landmark US$ 500 billion trade agreement between India and the United States marks a decisive turning point in bilateral economic relations and offers a significant boost to India’s textile and apparel sector. Announced by US President Donald Trump and acknowledged by Prime
Lenzing Group has acquired a controlling majority stake in Swedish innovation company TreeToTextile AB, marking a strategic milestone in the development and industrialisation of next-generation, sustainable cellulosic fibres. The transaction was executed through the issuance of new shares. With this step, Lenzing strengthens its position as a leading global provider of
Rieter has successfully completed the acquisition of Barmag, effective February 2, 2026, marking a strategically significant milestone for the group. With this acquisition, Rieter becomes the world’s leading system provider for both natural and synthetic fibres. Barmag will be fully consolidated into the Rieter Group from February 2, 2026, and will operate as the group’s
Industry leaders back the government’s integrated push across manufacturing, MSMEs, exports and sustainability. India’s textile and apparel industry has responded positively to the Union Budget 2026–27, welcoming the government’s structurally focused approach aimed at strengthening fibre security, modernising manufacturing clusters, enhancing skills, promoting
Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026–27, outlined an expansive reform and investment roadmap for India’s labour-intensive textile and apparel sector, positioning it as a key pillar for employment generation, export growth and sustainable manufacturing. The budget proposes an Integrated Programme for the textile sector comprising
At the International Conference on TEXTILE 2030, organised by The Textile Association (India) Mumbai unit, on January 30, 2026, a compelling panel discussion titled ‘Women Leadership Driving a Change in the Textile & Apparel Sector’ brought into focus the evolving role of women in shaping the future of India’s textile and apparel industry. Moderated by […]
Seiko Epson Corporation, has been named 6th in the Clarivate Top 100 Global Innovators 2026, maintaining its position from last year. This marks the 13th time Epson has appeared on the list since its launch in 2012. The award recognizes companies demonstrating sustained innovation performance through high-quality patents and global invention activity. Clarivate assesses
Veteran industrialist Amrishbhai Patel, Chairman and Managing Director of the Dishman Group, Shirpur, has been conferred with the Lifetime Achievement Award for his enduring contribution to India’s textile industry. The honour was announced at the Textiles 2030 International Conference held in Mumbai on January 30th and was formally accepted on his behalf by his son, […]
Aditya Birla Fashion and Retail Ltd (ABFRL) has announced a change in its senior management team. Anant Kumar Daga, CEO of the TCNS Division, has resigned from the company effective April 30, 2026, citing personal reasons. Following his departure, Sooraj Bhat, currently CEO – Ethnic Business, will take on additional responsibility for the TCNS Division […]
On Holding AG, the global premium sportswear brand, has announced the appointment of Frank Sluis as Chief Financial Officer, effective May 1, 2026. Sluis brings more than 25 years of international finance leadership experience across major consumer businesses. Most recently, he served as CFO for Europe & Indonesia at Ahold Delhaize, where he oversaw financial […]





















