Maharashtra will establish six technical textile parks, one in each revenue division, as part of its push to become a hub for advanced textiles, state textiles minister Sanjay Savkare said on Friday. The announcement came at the launch of the FICCI–Wazir Advisors Annual Textile Industry Report
The Indian garment industry is poised for a strong recovery, with ICRA projecting a revenue growth of 12–14% in FY2025 and 9–11% in FY2026, driven by the global China Plus One sourcing strategy and inventory correction by global retailers. This comes after apparel exports from India rose 11.6% year-on-year during April–January FY2025, rebounding from a […]













