Economy

Bangladesh Textile Sector Seeks Tax Cut to 10% And Loan Waivers

Textile Insights June 1, 2026

Bangladesh’s textile industry has sought urgent fiscal relief ahead of the national budget, with the Bangladesh Textile Mills Association (BTMA) proposing a cut in income tax for primary textile mills from 27.5% to 10% until 2030. The association said rising energy costs, supply disruptions,

Corporates

Vision Group, Shahi Exports Sign US$ 30 Million Apparel Partnership

Textile Insights May 21, 2026

Bangladesh-based Vision Group and India’s Shahi Exports Pvt. Ltd. have signed a US$ 30 million annual partnership agreement aimed at strengthening regional cooperation in the textile and apparel sector. The Memorandum of Understanding (MoU) was signed at Vision Group’s office in Savar by AHA Gaffar, Director of Vision Group, and Poorana Seenivasan, CEO and Director […]

Industry

Tariff Tailwinds: Tirupur Gains As US Shifts From China

Textile Insights April 24, 2025

India’s textile sector is experiencing an unexpected revival as shifting global trade dynamics, particularly US tariffs on China, Vietnam, and Bangladesh has derived international apparel brands to source more from India. This redirection of supply chains has positioned India as a viable alternative, especially for cotton-based and knitwear products. India’s knitwear

Industry

IAF Urges Tariff Rollback, Calls For Stability In Global Apparel Trade

Textile Insights April 24, 2025

The International Apparel Federation (IAF), representing manufacturers across 40+ countries, has raised strong concerns over the U.S. administration’s punitive tariffs imposed on April 2. The federation warns these measures threaten global apparel supply chains, destabilize economies, and jeopardize millions of jobs worldwide. While the suspension of some tariffs is

Corporates

ZYOD Appoints Ankit Shukla As VP-Business To Drive Global Growth

Textile Insights March 27, 2025

ZYOD, a leading tech-enabled B2B apparel manufacturing company, has appointed Ankit Shukla as Vice President of Business to lead global expansion and innovation in fashion manufacturing. With over 20 years of experience, Ankit will focus on strategic market expansion, revenue growth, supply chain optimization, and the integration of AI and automation to enhance efficiency.