India’s export sector continues to demonstrate strong momentum, supported by policy reforms, enhanced digital infrastructure, improved logistics, and a series of trade facilitation measures, according to a senior official from the Ministry of Commerce and Industry. Speaking at a regional media
India’s knitwear capital, Tirupur, faced a challenging fiscal year in 2025-26 as geopolitical tensions, trade uncertainties and rising logistics costs impacted export performance. The cluster recorded exports worth Rs 42,544.40 crore during the year, compared to Rs 44,747 crore in FY2024-25, reflecting a decline of 4.91%. The slowdown comes at a time when global apparel
India’s textile and apparel industry is facing one of its most complex operating environments in recent years as the escalating crisis in West Asia disrupts shipping routes, inflates freight and insurance costs, delays export deliveries and increases volatility in crude-linked raw materials. For a sector already battling uneven global demand, tariff-related uncertainties
The domestic textiles and apparel sector is facing severe disruptions following the imposition of 50 per cent tariff by the U.S. on Indian exports. A nationwide survey conducted recently by the Confederation of Indian Textile Industry (CITI) has revealed that around 33 per cent of businesses have reported more than 50 per cent decline in […]
LMW is delighted to extend heartfelt congratulations to Durai Palanisamy, Executive Director – Pallava Group, Erode, on being elected as the new Chairman of the Southern India Mills’ Association (SIMA). SIMA, a premier association representing the Indian textile industry, plays a pivotal role in shaping the growth and competitiveness of the sector. Durai Palanisamy’s
Himatsingka Seide Limited reported consolidated revenue of Rs 661.02 crore for Q1 FY26, down 10.4% year-on-year, impacted by global trade uncertainty and proposed additional 25% US tariffs. EBITDA stood at Rs 124.75 crore with an 18.9% margin, compared to Rs 148.90 crore and 20.2% a year ago. Net profit fell 47% to Rs 10.90 crore. […]
BSL Limited, a leading textile manufacturer with fully integrated operations spanning spinning, weaving, processing, and manufacturing using globally sourced state-of-the-art technologies, has announced its unaudited financial results for Q1 FY26 ended 30th June 2025. Key Highlights – Q1 FY26 Revenue: Rs 158 crore, up 1.6% QoQ, supported by resilient demand management
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 contributions to India’s textile exports. At the ceremony, Giriraj Singh, Union Minister
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





















