ICRA has highlighted key expectations from India’s textile industry ahead of the Union Budget FY2027, noting that the sector continues to face pressure from international tariff issues, intensified regional competition and a subdued export environment. According to Srikumar Krishnamurthy,
India’s export of technical textile goods declined 1.2% year-on-year during April–October 2025, weighed down by higher U.S. tariffs and weak demand in key Asian markets, according to industry data. Data from the Manmade and Technical Textiles Export Promotion Council shows that exports stood at US$ 1.95 billion in April–October 2025, slightly lower than US$ 1.97 […]
The Cotton Association of India (CAI) has called on the government to remove the 11% customs duty on raw cotton imports to support free trade and strengthen the domestic textile industry. Currently, raw cotton imports are duty-free until December 31, 2025. Vinay N. Kotak, President of CAI, highlighted that the Indian textile sector is facing […]
RSWM Ltd, one of the oldest players in the Indian textile industry, has been a key player since its inception in the 1960s. With a rich legacy spanning over six decades, the company has consistently been at the forefront of the industry. The leadership, under Chief Executive Officer Rajeev Gupta, is committed to upholding the […]















