Textile Market News

The global textile market is bracing for a profound shift following the news of Uzbekistan's state-backed compensation fund, which is designed to absorb the costs of Better Cotton Initiative (BCI) certification for local producers. This eliminates the financial barrier for vertical cotton clusters, solidifying the country’s transition from a formerly boycotted raw fiber exporter to a fully integrated textile powerhouse achieving 100 per cent domestic processing into yarn.

Cotton farmers in Andhra Pradesh plan to stage a big protest at the Cotton Corporation of India (CCI) office in Guntur on December 10, demanding immediately purchase of their cotton at the Minimum Support Price (MSP).

The Union government has approved a 'Tex-Ramps' Scheme to boost the long-term competitiveness in the textile sector. Known as the Textiles Focused Research, Assessment, Monitoring, Planning, and Start-up Scheme (Tex-Ramps), the scheme has been approved with a total outlay of Rs 305 crore for a the duration spanning FY 2025-26 to FY 2030-31 (Co-terminus with the upcoming Finance Commission cycle).

The Indian government has postponed the implementation date of the Omnibus Technical Regulation (OTR), specifically the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024, which covers a wide range of machinery, including textile machinery.

Visaka Yarns' aims for a turnover of Rs 500 crore from its textile division over the next 3-5 years.

India is developing a detailed cost roadmap for its textile sector to align domestic production and export costs with global benchmarks, as the country faces growing competition from Bangladesh, Vietnam, and China.

The Directorate General of Trade Remedies (DGTR) has initiated a fresh anti-dumping investigation concerning imports of Polyester Textured Yarn (PTY) a critical feedstock for India’s performance apparel and technical textile manufacturers originating in or exported from China. The investigation, launched through an Initiation Notification (Case No. AD(OI) 50/2025, dated November 20, 2025), follows an application alleging that PTY is being dumped at prices that are causing material injury to the domestic industry.

The government’s decision to rescind Quality Control Orders (QCOs) on Man-Made Fibre (MMF) inputs, including polyester and viscose yarn, marks a definitive shift in the global positioning of India’s textile industry, particularly for downstream apparel exporters.

Cotton yarn prices across North India remained stable as both Delhi and Ludhiana experienced slow-to-average demand. Buyers demonstrated resistance to any price increases, even as raw cotton costs edged up.

Reshmi Industries will debut several cutting-edge winding solutions at ITMA ASIA 2025 in Singapore.

India's generous export incentive schemes are giving domestic yarn exporters a definitive price advantage of around $0.30 per kg over Bangladeshi producers. The price of local 30-count yarn is currently around $3.00 per kg, while comparable Indian yarn is being sold for just $2.70. For factory owners, this $0.30 per kg saving is crucial to their thin profit margins. This economic reality has led to a dramatic shift in purchasing patterns: garment makers who once relied entirely on domestic mills are now importing the vast majority of their yarn from India.