Policies

Giriraj Singh Urges TN Textile Industry To Leverage PLI

Textile Insights July 9, 2026

Union Textile Minister Giriraj Singh has called on Tamil Nadu’s textile and apparel industry to accelerate investments in technical textiles and manmade fibre (MMF) manufacturing by leveraging the Centre’s Rs 11,000-crore Production Linked Incentive (PLI) Scheme, while also urging

Industry

India’s Export Momentum Strengthens Textile Sector’s Global Ambitions

Textile Insights June 10, 2026

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 interaction jointly organised by the Apparel Export Promotion Council (AEPC) and

Industry

Geopolitical Risks Weigh On Tirupur’s Export Performance

Textile Insights June 10, 2026

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

Special Report

West Asia Crisis Tests India’s Textile Sector Resilience

Textile Insights June 9, 2026

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

Special Report

Textile Industry Struggles To Dodge Headwinds As Uncertainties Loom Large

Textile Insights November 9, 2025

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 […]

Corporates

LMW: Shaping The Future Of Spinning Through Enduring Partnerships

Textile Insights September 19, 2025

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

Financial Results

Himatsingka Q1 Revenue Dips 10% To Rs 661 Cr

Textile Insights August 13, 2025

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. […]

Financial Results

BSL Q1 FY26: Rs 158 Cr Revenue, PAT Up 64%

Textile Insights August 13, 2025

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

Event

RSWM Honoured With Three Awards At MATEXIL Export Awards 2023–2024

Textile Insights April 7, 2025

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

Corporates

Shaleen Toshniwal Takes Over As Chairman Of MATEXIL

Textile Insights April 7, 2025

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