The Hindu Businessline

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2026-05-12 11:12:59 -

Flipkart eyes ₹100 crore sales from Santipuri sarees this year
The number of sellers is projected to double by 2027, reflecting growing demand and expanding market access for heritage products Flipkart, which has adopted an on-ground initiative for providing institutional support to weavers and sellers of Santipuri heritage sarees, expects total sales of these famed Tant, handloom and Jamdani sarees through its online marketplace to cross Rs 100 crore this...

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2026-04-02 05:41:11 -

India-EU FTA to bring Indian textile exporters on par with global competition in EU market
The FTA provides immediate zero duty on 100 per cent tariff lines, and opens up direct access to the $263 billion EU textile market The India-EU Free Trade Agreement (FTA) is a shot in the arm for the Indian textile industry, which is facing crisis due to the additional tariff imposed by the US on August 27. The FTA provides immediate zero duty on 100 per cent tariff lines, and opens up direct...

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2026-04-01 10:44:31 -

India textiles sector attracts over Rs 60000 crore investment in 2025
Textiles sector has seen commitments and investments of over ₹60,000 crore in 2025, government officials said. Now they hope that the trend continues in the current year. “2026 is likely to see a continued focus on investments through PM MITRA and PLI (Production Linked Incentives). In addition, a strong emphasis on sustainability and technology-led investments such as...

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2026-03-31 05:01:36 -

Nike partners with Ester Loop Infinite to source circular polyester from India
Under the deal, Loop will provide Twist — its virgin-quality circular polyester resin made entirely from textile waste — making Nike the anchor customer for the Infinite Loop India manufacturing facility being set up with Ester Industries. Ester Loop Infinite Technologies, a joint venture of Ester Industries and Canada-based Loop Industries, on Monday announced that it will...

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2026-03-25 06:37:19 -

Union Textiles Ministry approves ₹1,894 crore PM Mitra Park development in TN
The park in 1,052 acres is located at Virudhunagar to attract technical textiles processing and integrated units In a major boost to the textile industry in Tamil Nadu, the Union Ministry of Textiles has approved ₹1,894 crore development plan for PM Mitra Park in the State. The 1,052-acre integrated Mega Textile Park coming up in Virudhunagar with facilities to attract technical textiles -...

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2026-03-23 09:03:30 -

India's textile sector may gain edge as Vietnam deals with labour costs, Bangladesh faces political instability: Report
Companies are also expected to pass on a significant portion of these costs to consumers, which could lead to higher textile and apparel prices and potentially reduce demand from key markets like the US India's textile sector may gain a competitive edge in the global market due to rising labour costs in Vietnam and ongoing political instability in Bangladesh, two of its key export rivals,...

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2026-03-23 07:26:08 -

Strong growth in readymade garment exports in May
The cumulative RMG exports for April–May 2025–26 stood at $3 billion, a 13 per cent growth over the same period in the previous year Export of Ready Made Garments (RMG) in May 2025 recorded a robust growth of 11 per cent in May 2025 to $1.5 billion from $1.3 billion in May 2024, said A Sakthivel, Vice Chairman, Apparel Export Promotion Council (AEPC). This is another encouraging...

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