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Tamil Nadu’s textile sector can save up to Rs. 3,250 crore annually by switching to REAs industries across the country are facing mounting pressure due to fuel price hikes induced by the US-Iran conflict, a new report finds that Tamil Nadu’s textile sector can save between Rs. 1,560 crore and Rs. 3,250 crore annually by transitioning to clean energy. While the transition to 100% renewable electricity can save anywhere between Rs. 2,320 crore and Rs. 3,250 crore, a full...0 Commentarios 0 Acciones 358 Views 0 Vista previaPlease log in to like, share and comment!
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Bangladesh RMG exports to major markets fall in July-MayThe country’s readymade garment exports to major global destinations declined persistently during the July-May period of the current financial year 2025-26 due to weak global demand. According to detailed country-wise export data from the Export Promotion Bureau, Bangladesh exported RMG items worth $35.31 billion in the July-May period of FY26, marking a 3.41 per cent decline from that of...0 Commentarios 0 Acciones 373 Views 0 Vista previa
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Avery Dennison, Texaid pilot using RFID technology for garment sorting in EuropeAvery Dennison, with European headquarters in the Netherlands, and Texaid, headquartered in Switzerland, have piloted the impact of RDIF-tagged garments on the textile collecting and sorting industry in Europe. Texaid is one of Europe’s largest textile collection and sorting organizations, handling approximately 80,000 tons every year and sorting them into over 300 categories. Avery...0 Commentarios 0 Acciones 566 Views 0 Vista previa
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Yarn prices decline bringing relief to Tiruppur knitwear manufacturersCotton yarn prices have registered their first major decline this year, offering relief to Tiruppur’s knitwear and textile industry in Tamil Nadu after months of rising raw material costs that had put manufacturers and exporters under severe pressure. The reduction follows the Central government’s decision to temporarily exempt cotton imports from customs duty between June and...0 Commentarios 0 Acciones 401 Views 0 Vista previa
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Odisha plans AI-enabled handloom hubs and textile parks in 3 districtsThe Odisha Government is mulling over a series of ambitious projects for establishment of AI and block-chain-enabled handloom hubs and apparel parks in Cuttack, Bargarh and Jajpur districts. The proposals were discussed at a high-level meeting chaired by Works Department Principal Secretary Sanjay Kumar Singh. Senior officials from the Handlooms, Textiles and Handicrafts, Tourism and Works...0 Commentarios 0 Acciones 475 Views 0 Vista previa
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Karur textile industry seeks relief over raw material price surgeThe Karur Textile Manufacturers and Exporters Association (KTMEA) has urged both the Union and Tamil Nadu governments to intervene and support the textile industry, which is facing mounting pressure due to rising raw material costs and disruptions caused by the ongoing conflict in West Asia. A resolution passed during the association’s meeting held last week said the industry was...0 Commentarios 0 Acciones 670 Views 0 Vista previa
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Ethical Fashion Market Anticipated to reach dollar28.6 billion by 2033According to Research Intelo, the Global Ethical Fashion market size was valued at $8.7 billion in 2024 and is projected to reach $28.6 billion by 2033, expanding at a robust CAGR of 14.2% during the forecast period of 2025–2033. The primary driver of this impressive growth is the rising global awareness and demand for sustainable and responsibly sourced fashion products. Consumers,...0 Commentarios 0 Acciones 548 Views 0 Vista previa
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Mango joins TextileGenesis pioneering traceability solution, a Lectra company, for a transparent value chainMango, one of the leading international fashion groups, has joined TextileGenesis, the pioneering traceability solution for the fashion and textile industries, to trace their natural and animal fibers, synthetics, man-made cellulosic fibers and leather. TextileGenesis, a Lectra company, offers a complete and secure cutting-edge technology with its six-dimensional (6D) offering and unique...0 Commentarios 0 Acciones 523 Views 0 Vista previa
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SGCCI seeks Govt. support to shield textile MSMEs from US TariffsThe Southern Gujarat Chamber of Commerce and Industry (SGCCI) and the textile task force advisor SP Verma attended the meeting of the Parliamentary Industry Committee held at the Parliamentary Annexe Building of the Parliament House, New Delhi and presented in detail various key issues in the interest of the textile sector. SGCCI Vice-President, Ashok Jirawala and S.P. Verma presented before...0 Commentarios 0 Acciones 505 Views 0 Vista previa
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Weaving a new chapter for Indian textiles with CETAIndia’s textile and garment industry has received a major boost after the Comprehensive Economic and Trade Agreement (CETA) with the UK. Here’s my take on why this pact matters and what we must do next to capitalise on this. Back in the early 90s when India was opening up, annual trade with the UK barely registered. Fast forward to the present, it stands at $1782 million a year....0 Commentarios 0 Acciones 582 Views 0 Vista previa
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India eyes $100 billion textile exports by 2030, boosted by global FTAsFree trade agreements (FTAs) with the US, UK and European Union (EU) will open new opportunities for the textiles sector in India, Minister of State for Textiles Pabitra Margherita said recently. He also said the country’s textiles exports have crossed $34 bn, and it is aiming to reach $100 bn by 2030. “On the trade front, the India-UK Free Trade Agreement and our ongoing...0 Commentarios 0 Acciones 748 Views 0 Vista previa
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From Local To Global: How Textile Manufacturers Can Break Into Western MarketsWith increased penetration of technology, global trade barriers are diminishing and continuing to provide textile manufacturers from traditional hubs like India, Bangladesh, Vietnam, Turkey and parts of Africa the opportunity to transcend beyond domestic borders. On the other hand, the western markets such as North America, Western Europe and parts of Oceania represent a lucrative destination,...0 Commentarios 0 Acciones 606 Views 0 Vista previa
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