Andhra Pradesh is poised to secure fresh investments in its textile sector, with nine companies expressing interest in setting up new manufacturing units in the state. Handloom and Textiles Minister S. Savitha said that the government will sign MoUs with these firms during the Partnership
The International Finance Corporation (IFC) has committed a US$ 50 million investment in Küçükçalık Tekstil Sanayi ve Ticaret A.Ş. (Küçükçalık), a leading home textiles manufacturer with operations in Türkiye and Egypt. The funding will support capacity expansion and sustainability initiatives. The investment includes US$ 30 million from IFC’s own account and US$ 20
The Nigerian government plans to rejuvenate the nation’s textile industry to spur job creation, according to Vice-President Kashim Shettima. Speaking at a meeting on Tuesday with the International Cotton Advisory Committee (ICAC), led by Executive Director Eric Trachtenberg, Shettima urged stakeholders to craft a strategic roadmap for the sector’s revival. Held














