Textile Market Feature

India's Man-Made Fiber (MMF) textile industry has been a crucial driver of economic growth. However, recent export figures paint a complex picture, revealing a decline compared to previous years.

India's cotton textile exports witnessed a significant increase of 7.94 per cent year-on-year to $8.52 billion from April to January 2024, according to data from the Texprocil (The Cotton Textiles Export Promotion Council).

This election season in Gujarat’s Surat, a textile hub, a key concern for businesses is the rise in Quality Control Orders (QCOs) implemented by the Indian government, specifically targeting imports from China.

The European Parliament recently took a significant step towards eradicating forced labor from its market. They approved a new regulation designed to ban products linked to modern slavery.

In the fast-paced world of procurement, where efficiency and cost-effectiveness reign supreme a new breed of sourcing strategy is emerging – Sourcery. But what exactly is Sourcery,

Bangladesh, renowned as the world's second-largest garment exporter, is undergoing a transformative shift in its cotton import strategy. This shift, from primarily sourcing cotton from India to increasingly relying on African

The global fabric trade is undergoing a significant transformation, with China, once the undisputed leader, navigating a changing landscape. According to the World Trade Organization (WTO),

In the heart of the European Union, a transformative initiative has been underway, reshaping the landscape of the fashion industry. The New Cotton Project, backed by EU funding, recently reached the culmination of its ambitious mission

A recent panel discussion by CRISIL titled ‘Upstream textiles sector: Threads of promise’ shed light on the future of the cotton yarn and polyester yarn segments in India. Here's a breakdown of the key takeaways for FY25:

A recent Price Waterhouse Cooper (PwC) study titled ‘From Shirts to Shores: Blueprint for Bangladesh RMG Industry’ paints a compelling picture of a global apparel industry transitioning towards garments made from man-made fibers (MMF).

The 37th International Cotton Conference Bremen, from March 20 to 22, 2024, brought together around 400 participants from nearly 40 countries. This event, which alternates locations every two years, served as a key platform for industry experts to exchange ideas and explore latest advancements in cotton research and applications.

The fashion industry's love affair with recycled polyester made from plastic bottles has hit a snag. While initially hailed as a sustainable solution, a new understanding of its limitations is prompting a shift towards a more circular approach.

The world's clothing is undergoing a metamorphosis. A shift from natural cotton to synthetic fibers like polyester and nylon is rippling through the global apparel industry. Data from Fashinza reveals a stark contrast: man-made fibers currently account for a whopping 72 per cent of global textile consumption, compared to just 28 per cent for natural fibers like cotton.

For decades, the Indian knitting fabric industry has played a vital role in the global textile landscape. However, recent years have witnessed a significant shift in its ‘fibre play’ – a move towards sustainability and innovation that is transforming the sector.

Bangladesh's garment industry, a powerhouse of the nation's economy, is undergoing a metamorphosis. The industry is strategically moving beyond its heavy reliance on cotton and embracing a future rich with diversified fibers.

India's polyester yarn industry, once a thriving exporter, has undergone a reversal of fortunes. In FY23, imports grew almost 65 per cent, while exports went down 38 per cent, pushing India into the uncomfortable position of a net importer for the first time in a decade. What’s more, this concerning trend continues into the first eight months of FY24, raising critical questions about policy, demand, and supply dynamics.

Nylon, the ubiquitous fabric known for its strength and durability invented in 1935, is experiencing a resurgence this time with a focus on innovation and sustainability. Nylon's inherent properties – strength, elasticity, wrinkle resistance, and quick drying – make it ideal for activewear and performance apparel. But advancements are taking it a step further.