Industry

Lesotho Textile Industry Faces Job Losses, Prioritizes Ethical Standards

June 19, 2024

Lesotho’s textile and apparel industry has faced a stark decline, shedding nearly 16,000 jobs from March 2018 to March 2024, as highlighted during a workshop convened by the Lesotho National Development Corporation (LNDC). Puseletso Makhakhe, LNDC’s Corporate Investment and Trade

Policies

India Extends PLI Scheme Timeline Amid Textile Export Challenges

June 19, 2024

The Indian government has decided to extend the timeline for setting up facilities under its Production Linked Incentive (PLI) scheme from two years to over three years. This adjustment aims to improve the scheme’s effectiveness in boosting India’s textile exports, which saw a decline of 11.69% from $16.24 billion in 2018 to $14.34 billion in […]

Tete-A-Tete

The Global Trend Towards Sustainability Has Been A Significant Driver Of Our Business Decisions: Akhil Malhotra

March 4, 2024

In an exclusive interview with Textile Insights, Akhil Malhotra, CMD of Rudra Ecovation, shares Rudra’s journey from recycling PET bottles to producing sustainable textiles, influenced by global sustainability trends. Malhotra outlines Rudra’s strategies to overcome textile industry challenges while prioritizing sustainability.  Can you share the journey of how

Corporates

Song Hong Garment Initiates Mega Factory With Investment Of Over VND700 Billion

January 21, 2024

Song Hong Garment Company marked its 35th anniversary with the initiation of the Song Hong-Xuan Truong 2 factory in Nam Dinh Province at the end of November 2023. Representing a significant addition to Vietnam’s textile and apparel sector, the sprawling 9.6-hectare facility encompasses three workshops, a warehouse, a cutting workshop, an office building and green

Industry

PM MITRA Parks Aim To Make India A Global Textile Manufacturing Hub

November 10, 2023

The state and Central government backed mega textile parks under the PM MITRA (Pradhan Mantri Mega Integrated Textile Region and Apparel) Park Scheme is expected to generate satisfactory response from the textile industry, which is desperately trying to put up a cost competitive textile value chain. PM MITRA parks represent a unique model where the […]

Sustainability

Textile Supply Chain Challenges: How The Yarn Bazaar Is Transforming The Landscape

November 10, 2023

The term “supply chain” remained largely within the confines of business discussions until the Covid-19 pandemic thrust it into common parlance. Prior to this, consumers had little insight into the intricate web of connections and processes that sustain global trade which, in turn, makes world economies function. However, as the world collectively wrestled with

Corporates

Textile Recycling Innovator SaXcell Signs MoU with Birla Cellulose

November 1, 2023

SaXcell, a pioneer in textile recycling, has entered into a Memorandum of Understanding (MoU) with Birla Cellulose, a part of the Aditya Birla Group and one of the world’s largest manufacturers of man-made cellulosic fiber. This MoU marks the beginning of an extended collaboration between the two companies aimed at producing recycled man-made cellulosic fibers. […]

Cotton

Turkish Cotton Production Expected To Decline In 2023-24 Amid Economic Challenges

October 11, 2023

The latest USDA report on Turkey’s cotton production for the marketing year (MY) 2023-24 suggests a significant decrease in cotton output. Projections indicate a drop to 755,000 metric tonnes (MT), equivalent to 3.5 million bales, compared to the previous year. The report attributes this decline to farmers’ decision to reduce cotton planting due to falling […]