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Textile MSMEs Expected to Face Slower Revenue Growth and Margin Pressure in FY27: CRISIL IntelligenceThe readymade garment (RMG) industry, dominated by MSMEs, is expected to record revenue growth of 4–6 per cent in FY27, reaching ₹5.7 trillion. This compares with growth of 6–8 per cent in FY26. CRISIL Intelligence noted that higher realisations and recovery in RMG exports are likely to support growth during the financial year. However, profit margins are projected to decline by...0 Commentarios 0 Acciones 30 Views 0 Vista previaPlease log in to like, share and comment!
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Indian Textile Companies Target Export Growth Through FTAs With EU and UKIndustry players expand overseas presence as free trade agreements open opportunities in European markets Indian textile companies are looking to increase exports to the EU, UK and other international markets through free trade agreements and supply chain realignment strategies. Industry players including Gokaldas Exports, KPR Mill, Arvind, Welspun Living, Vardhman Textiles and Pearl Global...0 Commentarios 0 Acciones 87 Views 0 Vista previa
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India’s Textile Sector Has Major Growth Opportunity Despite Global Challenges: Nirmala SitharamanClimate change, geopolitical tensions and technology shifts may reshape textile trade, says Finance Minister at TEXPROCIL Export Awards in Mumbai Finance Minister Nirmala Sitharaman said India’s textile industry must prepare for a changing global trade environment shaped by climate change, geopolitical tensions and rapid technological developments. Speaking at the TEXPROCIL Export Awards...0 Commentarios 0 Acciones 47 Views 0 Vista previa
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Centre May Remove 11% Cotton Import Duty Amid Rising Input Costs and West Asia CrisisProposed move aims to support textile manufacturers as cotton and fuel prices continue to increase The Union government is expected to remove the 11% duty on cotton imports till October to provide relief to textile manufacturers dealing with higher input costs linked to the West Asia crisis. The proposal comes as cotton prices and fuel costs continue to rise, increasing pressure on the apparel...0 Commentarios 0 Acciones 75 Views 0 Vista previa
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Government Reviewing 11% Duty on Raw Cotton ImportsTextile industry seeks removal of levy amid supply-demand gap concerns The government is in an “advanced stage of consultation” regarding the 11% customs duty on imports of raw cotton, with a decision expected soon, according to a senior official. Discussions are underway among the finance, textiles and agriculture ministries as industry representatives continue to press for removal...0 Commentarios 0 Acciones 87 Views 0 Vista previa
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Textile Industry Seeks Relief Amid Rising Cotton Prices and Supply ConcernsIndustry bodies urge temporary exemption from 11% cotton import duty as input costs and supply pressures intensify Textile manufacturers and industry bodies have sought government intervention following a sharp rise in cotton prices and concerns over tightening domestic supply. Industry representatives said increasing cotton costs, along with higher raw material and logistics expenses, are...0 Commentarios 0 Acciones 158 Views 0 Vista previa
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Karur Textile Association Urges Government Intervention Amid Rising Industry CostsKTMEA cites increase in raw material prices, labour shortages, and shipping delays as major challenges for the textile sector The Karur Textile Manufacturers and Exporters Association (KTMEA) has appealed to the Union and State governments to take immediate measures to support the textile industry, citing mounting operational pressures linked to the ongoing conflict in West Asia. A resolution...0 Commentarios 0 Acciones 217 Views 0 Vista previa
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Government Plans Identification of 100 Products for Domestic Manufacturing ExpansionDPIIT outlines local manufacturing strategy, quality initiatives, and sector-focused production roadmap The government plans to identify 100 products that are currently not manufactured in India for focused domestic production initiatives. The move is aimed at strengthening local manufacturing capabilities, addressing technology gaps, and creating export market opportunities. Speaking in New...0 Commentarios 0 Acciones 193 Views 0 Vista previa
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AEPC Urges Affordable Housing Support for Migrant Garment Workers in TiruppurIndustry body seeks worker hostels, welfare measures, and policy support for Tamil Nadu’s knitwear sector The apparel and readymade garment industry has requested the new Tamil Nadu government to accelerate affordable rental housing projects for garment workers in Tiruppur, particularly migrant and women workers. Industry representatives stated that access to affordable housing remains...0 Commentarios 0 Acciones 137 Views 0 Vista previa
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Saurer to Showcase Flexible Spinning Technologies at ITM 2026Company to present solutions across spinning systems, automation, and digitalisation in Istanbul Saurer will present its latest spinning technologies at ITM 2026, taking place in Istanbul. The company will exhibit its solutions focused on flexibility in textile production at Hall 7, Booth 709 A. The textile sector is currently facing challenges including geopolitical tensions, natural...0 Commentarios 0 Acciones 263 Views 0 Vista previa
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West Asia Tensions and the Ripple Effect on India's Textile TradeIndia's textile and apparel sector has rarely had a quiet year. Between policy shocks, shifting trade agreements and the perpetual pressure of global competition, exporters have learned to build resilience into their operations. Yet the escalating conflict in West Asia since early 2026 has introduced a set of pressures that are harder to plan around. These disruptions are not isolated events....0 Commentarios 0 Acciones 287 Views 0 Vista previa
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Pincroft and Toray Strengthen UK Defence Textile Supply Chain with Strategic CollaborationThe partnership brings together two companies that are established suppliers to NATO military programmes, positioning them to address requirements within the UK defence market. Pincroft Dyeing & Printing operates from the Northwest of England, where it runs a fully integrated textile processing, printing, and finishing facility. The company exports to more than 80 countries and has an...0 Commentarios 0 Acciones 249 Views 0 Vista previa
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