The Clothing Manufacturers Association of India (CMAI) has strongly condemned the United States’ recent decision to double tariffs from 25% to 50%, warning that the move could severely undermine India’s apparel exports competitiveness in the global market. In an official statement, CMAI
The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, has issued Policy Circular for removing the requirement for exporters to submit a Transaction Certificate (TC) at the time of shipment. The clarification, addressed to all regional DGFT authorities, customs commissionerates, and industry stakeholders, follows earlier
The Confederation of Indian Textile Industry (CITI) has expressed deep concern over the latest US tariff hike on Indian textile and apparel imports, calling it a severe blow to the sector. The effective 50% tariff rate, announced on August 6, is expected to drastically weaken India’s competitiveness in its largest export market. “This is a […]
RSWM Ltd., one of India’s leading manufacturers of value-added synthetic and blended yarns, denim, knitted fabrics, and green polyester fibers, reported a strong financial turnaround for Q1 FY26, posting a net profit of Rs 7 crore. This marks a significant recovery from a loss of Rs 13.7 crore in the same quarter last year. Despite […]
New Facility to Boost Green Chemical Manufacturing and Supply Chain Efficiency Shivtek Spechemi Industries Ltd, the flagship specialty chemicals arm of the Shiva Group, has signed a Memorandum of Understanding (MoU) with Bodal Chemicals Ltd to acquire an 8-acre land parcel in Rajpura, Punjab. The deal paves the way for a Rs 50 crore investment […]
New Outlet at The Pavillion Marks Brand’s Expansion in Western India Japanese apparel giant UNIQLO is set to open its first store in Pune on September 26, 2025, at The Pavillion Mall. The new outlet marks the brand’s continued expansion in Western India and will be its 18th store in the country. “Pune is a […]
Banswara Syntex Ltd., has announced key leadership changes effective August 7, 2025. Ravindrakumar Toshniwal, who has served as Managing Director will assume the role of Vice-Chairman. Concurrently, Shaleen Toshniwal will transition from the position of Joint Managing Director to Managing Director of the company. Ravindrakumar Toshniwal, a seasoned industry leader with
Revenue at EUR 1.34 bln, EBITDA Soars 63% to EUR 268.6 mln The Lenzing Group, a leading global producer of regenerated cellulosic fibers, posted robust financial results for the first half of 2025, driven by its performance improvement program and operational efficiencies. Revenue rose to EUR 1.34 billion, while EBITDA surged 63.3% to EUR 268.6 […]
Union Minister of Textiles, Giriraj Singh, today launched the book “Carbon Footprint Assessment in the Indian Handloom Sector: Methods and Case Studies”, a significant step toward promoting environmentally responsible practices in India’s traditional textile industry. Jointly developed by the Office of the Development Commissioner for Handlooms, Ministry of Textiles, and
As part of the 11th National Handloom Day celebrations, the Ministry of Textiles, in collaboration with the National Handloom Development Corporation (NHDC), launched the “Haat on Wheels” initiative and an Exclusive Handloom Expo at Handloom Haat, Janpath. Union Minister of Textiles, Giriraj Singh inaugurated the event, accompanied by MoS Pabitra Margherita and Secretary





















