Financial Results

Alok Industries Q2 Loss Widens To Rs 208 Crore As Revenue Falls 36%

Textile Insights October 18, 2026

Alok Industries reported a consolidated net loss of Rs 208.4 crore for the second quarter of FY27, compared with a loss of Rs 162.4 crore a year earlier, as revenue fell sharply and an exceptional loss weighed on earnings. Revenue from operations declined 35.5% to Rs 885.7 crore from Rs 1,372.3

Corporates

Raymond Fast-Tracks Andhra Pradesh Capacity Expansion

Textile Insights October 15, 2026

Raymond Limited, through its subsidiaries, is accelerating capacity expansion in Andhra Pradesh to meet growing customer demand, with an additional brownfield facility being developed near its existing mega manufacturing facility. The brownfield addition will provide interim capacity to support incremental orders and volumes during the current financial year. The move aims

Corporates

Mafatlal Expands D2C Play With Home Fashion Platform

Textile Insights October 15, 2026

Mafatlal Industries Ltd has launched Mafatlal Home Fashion, a dedicated online platform offering more than 400 home-textile and home-essential products, as the company expands its direct-to-consumer business. The range covers bedding, bath, baby and kids’ products, and seasonal categories. Bedsheets account for more than 150 designs, alongside dohars, comforters, blankets,

Tete-A-Tete

Sustainability, Modernisation, Industry 4.0 And Automation Have Emerged As The Three Major Themes In Textile Processing: Smeesh Koul

Textile Insights October 9, 2026

Greater export orientation could become a catalyst for investment, modernisation and sustainable growth in textile processing, states Smeesh Koul, Vice President – Processing Machinery, Accessories & CSG, A.T.E. Enterprises Private Limited (TEG), in this exclusive tete-e-tete with Henry Dsouza, Associate Editor, Textile Insights  You have progressed from managing a

Industry

Textile Council Sets Roadmap To Boost Production, Exports And Industry Competitiveness

Textile Insights October 8, 2026

The newly constituted Development Council for Textile Industry (DCTI) has called for a coordinated, whole-of-value-chain strategy to strengthen India’s textile industry, with production, productivity, R&D, exports, raw material availability, investment and sustainability identified as key priorities. At its first meeting held in New Delhi on October 6, the Council

Industry

West Bengal Plans Textile Hub To Boost Handloom And Artisan Sector

Textile Insights October 8, 2026

West Bengal plans to set up a textile hub to support local weavers, artisans and textile workers and connect their products with domestic and international markets, state urban development and municipal affairs minister Agnimitra Paul said. Paul said the proposed hub would provide artisans with infrastructure and opportunities to improve their skills while helping them

Industry

India Steps Up Trade-Remedy Action On Chinese Imports, Launches Five Fresh Probes

Textile Insights October 8, 2026

India has stepped up its trade-remedy action against imports, particularly from China, with the Directorate General of Trade Remedies (DGTR) initiating five fresh anti-dumping investigations covering chemicals, pharmaceuticals, industrial equipment and copper products. The investigations follow complaints from domestic manufacturers alleging that imports are being sold at

Export

India Yet To Gain From China+1 Shift In Global Apparel Sourcing

Textile Insights September 24, 2026

India’s share of global apparel exports remained largely unchanged at around 3% in 2025, despite a significant decline in China’s share over the past 15 years, according to a PL Capital sector report. China’s share of global apparel exports fell from 36.9% in 2010 to 27.3% in 2025, a decline of 9.6 percentage points. India’s […]

Industry

SIMA Chief Calls For Shift Towards Value-Added Textile Production

Textile Insights September 24, 2026

India’s textile industry needs to move beyond capacity expansion and focus on value-added products, automation and market diversification to strengthen its competitiveness in global markets, Southern India Mills’ Association (SIMA) chairman Durai Palanisamy said. Speaking after SIMA’s 67th annual general meeting in Coimbatore, Palanisamy said the industry should expand its

Cotton

Textile Industry Seeks Six-Month Extension Of Duty-Free Cotton Imports

Textile Insights September 15, 2026

India’s textile industry has urged the government to extend the duty-free import window for raw cotton by another six months beyond October 31, citing a sharp rise in yarn prices and concerns over cotton availability. The government had waived the 11 percent import duty on raw cotton from June to October 31 to improve domestic […]