Corporates

Grasim Industries Appoints Sangeeta Tanwani As CEO (Designate) Of Textiles Business

Textile Insights June 18, 2026

Grasim Industries Ltd., part of the Aditya Birla Group, has announced the appointment of Sangeeta Tanwani as Chief Executive Officer (Designate) of its Textiles Business, effective August 1, 2026, as part of a planned leadership transition within the division. She will take over as full-time

Corporates

India Ratings Revises RSWM Outlook To Stable, Affirms ‘IND A’ Rating

Textile Insights June 12, 2026

RSWM Ltd., part of the LNJ Bhilwara Group and one of India’s leading manufacturers of synthetic, mélange, cotton and blended yarns, denim fabric, knitted fabric and green polyester fibre, has received a revised credit outlook from India Ratings & Research (Ind-Ra). The agency has upgraded the company’s outlook from Negative to Stable while reaffirming its […]

Policies

Gujarat Textile Sector Flags Election-Linked Production Losses

Textile Insights June 1, 2026

Gujarat’s textile and manufacturing sectors have flagged recurring production disruptions caused by repeated election cycles and migrant worker movement during polling periods, during consultations with the Joint Parliamentary Committee (JPC) reviewing the proposed One Nation, One Election framework. The concerns were raised as part of discussions on the Constitution

Financial Results

RSWM Ltd Returns To Profitability In FY26, EBITDA Rises 40%

Textile Insights May 7, 2026

RSWM Ltd., one of India’s leading manufacturers of value-added synthetic, mélange, cotton and blended yarns, denim fabric, knitted fabric and green polyester fibre, has reported a turnaround performance for FY26, posting a consolidated PAT of Rs 52 crore against a loss in the previous fiscal. The company reported FY26 revenue of Rs 4,554 crore as […]

Financial Results

Sutlej Textiles Reports Sharp EBITDA Recovery In Q4 FY26

Textile Insights May 7, 2026

Sutlej Textiles and Industries Limited reported a strong improvement in operating performance during the fourth quarter of FY26, with standalone EBITDA more than doubling year-on-year to Rs 37 crore as the company focused on product mix optimization, cost discipline and operational efficiencies. The company posted standalone total income of Rs 699 crore for Q4 FY26, […]

Export

India’s T&A Exports Plunge 12.9% In October 2025

Textile Insights November 19, 2025

India’s textile and apparel (T&A) exports recorded a sharp decline of 12.91 percent in October 2025, falling from US$ 3061.54 million in the same month last year to US$ 2666.41 million, according to data from the Confederation of Indian Textile Industry (CITI). This marks the steepest drop since the United States imposed tariffs of over […]

Industry

India Showcases Textiles In London, Pitches CETA Advantage

Textile Insights September 25, 2025

A high-level Indian textile delegation led by Neelam Shami Rao, Secretary, Ministry of Textiles, is visiting London to showcase India’s strength across the textile value chain and deepen bilateral trade engagement with the United Kingdom. The delegation, comprising representatives of all major Export Promotion Councils (EPCs) and leading exporters, aims to highlight

Industry

GST Reforms Must Protect Apparel Sector: CMAI’s Rahul Mehta

Textile Insights August 20, 2025

The Clothing Manufacturers Association of India (CMAI) has urged the government to exercise caution in implementing the proposed Goods and Services Tax (GST) reforms, warning that poorly executed changes could harm the apparel sector. Rahul Mehta, Chief Mentor of CMAI, said that while reducing the number of slabs and making mass-consumption products cheaper are

Corporates

Ravindrakumar Toshniwal Becomes Vice-Chairman, Shaleen Named MD Of Banswara Syntex

Textile Insights August 7, 2025

Banswara Syntex Ltd., has announced key leadership changes effective August 7, 2025. Ravindrakumar Toshniwal, who has served as Managing Director will assume the role of Vice-Chairman. Concurrently, Shaleen Toshniwal will transition from the position of Joint Managing Director to Managing Director of the company. Ravindrakumar Toshniwal, a seasoned industry leader with

Corporates

Garment Mantra Bags Rs 10 Cr. Export Order From Dubai’s AL Rahmat Textiles

Textile Insights July 4, 2025

Garment Mantra Lifestyle Limited, through its wholly owned subsidiary Hylex Fashion Private Limited, has secured a significant export order worth approximately Rs 10.13 crore (US$ 1.18 million) from AL Rahmat Textiles L.L.C., a Dubai-based international entity. This strategic development marks a robust start to the current quarter for the Tirupur-headquartered apparel