Textile Market News

Growing at a CAGR of 17.20 per cent from 2025-32, the global market for bio-based textile fibers is projected to touch $12.5 million by 2033 from $4.7 billion in 2025. As per HTF Market Intelligence, by 2025, bio-based fibers will see higher adoption across sectors, including fashion, home furnishings, and technical textiles, driven by intensifying demand for sustainability. These fibers offer comparable durability, comfort, and aesthetics to traditional materials while actively supporting circular economy practices.

The value of the global textile fiber market is projected to rise from $48.3 billion in 2024 to $70.8 billion by 2034. A report by Allied Market Research reveals, the market will experience a compound annual growth rate (CAGR) of 4 per cent over this period.

Major trade bodies including CITI and SGCCI, The Northern India Textile Mills’ Association (NITMA) met officials from the Ministry of Textiles and Chemicals to register their opposition against the recommended anti-dumping duty (ADD) on Mono Ehtylene Glycol (MEG), warning the government it would deliver a ‘castatrophic blow to the sector.  NITMA cautioned the duty would devastate the predominantly MSME-based downstream industry, jeopardizing millions of jobs and freezing critical investments.

To ease the financial burden from disruptions faced by India’s textile and apparel exporters on account of the 50 per cent tariffs levied by the US on their goods, Confederation of Indian Industry (CITI) is urging the government to take immediate action to protect jobs, support exporters, and restore the textile industry's global competitive edge. The organization stated it will continue to work with policymakers and stakeholders to push for targeted relief.

India’s 2025-26 cotton season has officially launched, and the market is preparing for an increase in new crop arrivals. Cotton arrivals are expected to increase around the festivals, with daily volumes potentially hitting 30,000 to 35,000 bales (170 kg each).

Prices of polyester and viscose yarns in key centers like Ludhiana, Surat, and Mumbai remained steady despite softening of prices of virgin polyester staple fiber. The prices were supported by a moderate domestic demand as the country prepared for the upcoming wedding season.

The Ministry of Textiles organized a National Conclave on natural fibers from October 6-8, 2025 in New Delhi.

Nitin Spinners has signed an MoU under the Kasturi Cotton Bharat initiative, sponsored by the Ministry of Textiles. The MoU was signed during the ‘World Cotton Day’ 2025 celebrations. A leading textile spinner, Nitin Spinners' participation in this event underscores the company’s dedication to promoting the Kasturi Cotton Bharat brand, which emphasizes the purity, quality, and sustainability of Indian cotton.

The recent Goods and Services Tax (GST) reforms are expected to soften the blow of new US tariffs on the textile industry in Panipat, states Manohar Lal Khattar, Union Minister. By restructuring GST slabs, the government has effectively lowered the domestic prices of specific textile products. This move aims to boost domestic demand and help offset the revenue losses resulting from reduced exports to the United States, he explains.

The Central Silk Board (CSB) organized a Training Program on Advanced Silkworm Rearing Techniques under its mega technology transfer campaign’Mera Resham Mera Abimaan (MRMA), as the Central Silk Board (CSB) brought a crucial piece of its national modernization drive to the grassroots.