Economy

India’s Textile Sector Poised For Global Comeback: Emkay

Textile Insights June 10, 2026

India’s textile and apparel industry is entering a pivotal growth phase, with policy support, favourable trade agreements and a strengthening domestic manufacturing ecosystem positioning the country to reclaim a larger share of global markets, according to a recent report by Emkay Research. The

Trade & Market

India Continues Talks On U.S. Tariff Proposal

Textile Insights June 4, 2026

India is continuing discussions with the United States following the conclusion of a U.S. Trade Representative (USTR) investigation into import-related measures adopted by 60 economies, including India, under Section 301 of the U.S. Trade Act of 1974. The USTR has proposed additional tariffs on imports from the affected economies as part of the investigation. However, […]

Cotton

Cotton Prices Decline After Centre Removes Import Duty

Textile Insights June 4, 2026

Domestic cotton prices have begun declining following the government’s decision to suspend the 11 percent import duty on cotton from June 1 to October 31, providing relief to spinning mills, textile manufacturers and exporters facing elevated raw material costs. Market participants reported an immediate correction in cotton prices, with further moderation expected as

Industry

North India Heatwave Disrupts Textile Manufacturing, Raises Concerns Over Export Timelines

Textile Insights May 29, 2026

North India’s severe heatwave is emerging as a major operational challenge for the textile industry, disrupting production schedules, straining factory infrastructure and placing fresh pressure on exporters already navigating a complex global business environment. With temperatures touching 47°C across several northern states, the prolonged spell of extreme heat is testing

Industry

SIMA Urges Tamil Nadu CM To Address Power Cost Burden On Textile Mills

Textile Insights May 21, 2026

The Southern India Mills’ Association has urged Tamil Nadu Chief Minister C. Joseph Vijay to intervene in resolving mounting power-related issues impacting textile mills across the state. A delegation from SIMA met the Chief Minister on Wednesday and highlighted concerns over rising electricity costs and policy decisions related to non-conventional energy, which the

Cotton

Cotton Crunch Raises Concerns Across Textile Sector

Textile Insights May 21, 2026

India’s textile and apparel industry has expressed concern over the sharp rise in domestic cotton prices and tightening raw material availability, warning that the situation could impact production costs, export competitiveness and profit margins in the coming months. Leading textile manufacturers and export bodies have urged the Union Government to suspend the existing

Industry

Maharashtra To Set Up Six Technical Textile Parks: FICCI–Wazir Report

Textile Insights September 24, 2025

Maharashtra will establish six technical textile parks, one in each revenue division, as part of its push to become a hub for advanced textiles, state textiles minister Sanjay Savkare said on Friday. The announcement came at the launch of the FICCI–Wazir Advisors Annual Textile Industry Report during the TAG 2025 Annual Textile Conference. Savkare said […]

Policies

GST Council Overhauls Textile Tax Structure; Industry Hails Relief Measures

Textile Insights September 4, 2025

The Goods and Services Tax (GST) Council, in its 56th meeting chaired by Union Finance and Corporate Affairs Minister Nirmala Sitharaman, announced a significant rationalisation of GST rates for the textile sector, addressing long-pending demands from the industry. The Council has approved a uniform 5% GST rate across the textile value chain, eliminating the inverted […]