Textile industry bodies and MSME associations in Coimbatore have welcomed the introduction of the Emergency Credit Linked Guarantee Scheme (ECLGS) 5.0, stating that it will provide critical liquidity support to businesses facing challenging global conditions. Southern India Mills’
India’s Central government has extended the waiver of the 11% import duty on cotton until December 31, 2025. The measure, initially valid between August 19 and September 30, is intended to stabilize yarn prices and provide relief to exporters grappling with the fallout of steep 50% US tariffs on Indian textiles. The decision has been […]
Stable cotton spreads and improved cotton availability to support margins and credit profiles India’s cotton yarn industry is expected to grow by 7–9% in FY26, up from a modest 2–4% in the previous fiscal, driven by a rebound in exports—particularly to China—and steady domestic demand, according to a CRISIL Ratings analysis of 70 spinners accounting […]












