RSWM Ltd, the flagship company of the LNJ Bhilwara Group, has been honoured for its exemplary export performance at the MATEXIL Export Awards 2023–2024, held in Mumbai. Organized by the Manmade and Technical Textiles Export Promotion Council (MATEXIL), the awards celebrate outstanding
Shaleen Toshniwal has taken over as the new Chairman of the Manmade and Technical Textiles Export Promotion Council (MATEXIL), succeeding Bhadresh Dodhia. MATEXIL plays a pivotal role in promoting the export of fibre, yarn, fabric, made-ups (including home textiles), and technical textiles from India. Toshniwal currently serves as the Joint Managing Director of Banswara
Bhilosa Industries is making a strong impression at Bharat Tex 2025 with its latest range of yarns and fabrics tailored for the garment industry. The company is addressing key industry challenges, including the rising cost of cotton, by introducing alternative yarn solutions with cotton-like structure. Additionally, Bhilosa is offering products suitable for various
Biji Chacko shares his strategic vision for the company in an exclusive interview with Henry Dsouza, Associate Editor of Textile Insights. With a steadfast focus on sustainability, advanced technology and operational efficiency, Chacko outlines how Alok Industries aims to redefine the global textile landscape. From embracing AI and renewable energy to capitalizing on
The ongoing political turmoil in Bangladesh has severely impacted the textile industry in Bhilwara, Rajasthan. For years, Bhilwara has relied on Bangladesh as a major market, exporting around 50% of its yarn and denim to the country. The total annual export value of these goods is estimated at approximately Rs 2,000 crore. According to RK […]
Highlights of the industry recommendations: Removal of import duty from all varieties of cotton Increase the BCD on MMF yarn from the present 5% to 10%. Exempt varieties of textile raw material (fibre and yarn) which are not available domestically from the scope of Quality Control Orders (QCOs) Statutory/regulatory measures to curb cheap imports of […]
Despite unfavorable economic conditions in major markets such as the European Union (EU), the US, and West Asian nations, Indian textile exports grew by 9.59% in May 2024 compared to the previous year, according to a report by the Confederation of Indian Textile Industry (CITI). Additionally, Indian apparel exports saw an increase of 9.84% during […]
Indian exports of textiles and apparel rose marginally by 0.89 percent to US $2.77 billion in April 2024 as against $2.75 billion in the same month of the previous year Of this, textile exports stood at $1.57 billion, up 2.4 percent year on year, while garment exports were down by 1.03 percent to $1.19 billion […]
“The government will focus attention on boosting India’s textile and garment exports, which fell in the previous two fiscals,” Textiles Secretary Rachna Shah said. In fiscal ending March 2024, India’s exports of textiles and clothing dropped 3.24 percent year over year to US $34.4 billion. As against this, overseas shipments of textiles and apparel amounted […]
The Confederation of Indian Textile Industry (CITI) is gearing up for a future that envisions a thriving textile sector till 2047, which also marks ‘New India’s’ fulfillment of aspirations. “The textile industry is crafting an action plan not just for the immediate future but for the long haul till 2047,” CITI Chairman Rakesh Mehra said. […]