Textile Market News | Textile Trade Buddy

Cellulose Fibres 2025 conference to focus on biosynthetics and market strategies

December 13, 2024| Posted in Textile Market News Admin 132

The upcoming Cellulose Fibres conference in Cologne, Germany on March 12-13, 2025, will chart pathways to a sustainable textile industry.

HKRITA Open Lab unveils sustainable textile solutions from ‘farm to garment’

December 13, 2024| Posted in Textile Market News Admin 130

Hong Kong Research Institute of Textiles & Apparel (HKRITA) has unveiled a 20,000 sq ft Open Lab dedicated to sustainable textile innovation.

Andhra Pradesh unveils ambitious plans for textile and maritime sectors

December 12, 2024| Posted in Textile Market News Admin 197

Andhra Pradesh is aiming for significant growth in its textile and maritime sectors. The state cabinet recently approved the AP Textile and Apparel Policy 4.0 2024-29 and the AP Maritime Policy. The textile policy aims to attract investments worth $1.18 billion and create 200,000 jobs over the next five years. Five textile parks will be established under the public-private partnership (PPP) model. The policy targets textile exports worth $1 billion by 2029, focusing on transforming the state into a major hub for yarn and fabric production.

Trident Group to invest Rs 3,000 crore in Madhya Pradesh’s textile sector, creating 3,000 jobs

December 12, 2024| Posted in Textile Market News Admin 106

Trident Group chairman Rajinder Gupta has announced plans to invest an additional Rs 3,000 crore in Madhya Pradesh’s textile industry during the Invest Madhya Pradesh, Regional Industry Conclave at Narmadapuram.

Welspun Group opens new facility in Kutch

December 12, 2024| Posted in Textile Market News Admin 149

Gujarat chief minister Bhupendra Patel inaugurated Welspun Group's new 'Integrated Bed Linen and Terry Towel' project in Anjar.

India’s wool products exports touch $1.74 billion in FY2023-24

December 12, 2024| Posted in Textile Market News Admin 160

India exported wool products worth $1.74 billion in FY2023-24. Exports of woolen ready-made garments, carpets, yarn and fabrics were worth $1.45 billion from April-January 2023-24. Among these, wool carpets exports was the highest with 80 per cent share. India exported wool carpets worth $1.34 billion during the year while woolen yarn and fabrics worth $192 million were exported. RMG products worth $202 million were also exported by India in FY24.

Ludhiana MP questions textile competitiveness in Punjab, govt outlines initiatives

December 11, 2024| Posted in Textile Market News Admin 158

Ludhiana-based Rajya Sabha MP Sanjeev Arora raised concerns about the global competitiveness of Punjab’s textile industry during the ongoing winter session of Parliament. He sought details on Punjab's textile exports over the past three years, including export values, enterprise participation, market share in key regions like the US, EU, and Middle East, and measures to diversify markets amidst evolving global trade dynamics.

Imports flood Indian textile market despite MIP measures

December 11, 2024| Posted in Textile Market News Admin 138

India's textile industry is facing a challenge from growing import of synthetic knitted fabrics.

CmiA drives Benin's organic cotton boom, a sustainable success story

December 11, 2024| Posted in Textile Market News Admin 164

A three-year project in Benin has successfully doubled the number of cotton farmers transitioning to organic cultivation.

EFS misuse leads to an increase in yarn import, crippling Pakistan's textile sector, says APTMA

December 11, 2024| Posted in Textile Market News Admin 144

The All Pakistan Textile Mills Association (APTMA) has sounded an alarm over the devastating impact of the Export Facilitation Scheme (EFS) misuse on the domestic textile industry.

NCC prioritizes farm bill and addresses industry challenges

December 10, 2024| Posted in Textile Market News Admin 141

The National Cotton Council of America (NCC) has been actively engaged in shaping policies to support the US cotton industry.

MMCF producers make strides in sustainability, Canopy Report shows

December 10, 2024| Posted in Textile Market News Admin 114

Canopy's annual Hot Button Report reveals significant progress in the man-made cellulosic fibre (MMCF) industry.

A B Cotspin India secures repeat order, expands operations

December 10, 2024| Posted in Textile Market News Admin 161

A B Cotspin India, a leading textile manufacturing company, has secured a repeat order for 100 MT of 100 per cent BCI Cotton Yarn, valued at Rs 3.20 crore.

Chinese company BaoRui Textile to establish major yarn and fabric manufacturing plant in Bangladesh

December 10, 2024| Posted in Textile Market News Admin 126

Bangladesh BaoRui Textile, a Chinese company, is set to invest $19.53 million in the Mongla Export Processing Zone (EPZ) to establish a state-of-the-art textile manufacturing facility.

Xinjiang Cotton Association defends industry amidst global scrutiny

December 9, 2024| Posted in Textile Market News Admin 143

The Xinjiang Cotton Association issued a strong rebuttal to recent claims questioning the region's cotton industry.

ICAR approves two All India Coordinated Research Project Centres for cotton in Telengana

December 9, 2024| Posted in Textile Market News Admin 113

The Indian Council of Agricultural Research (ICAR) has approved two All India Coordinated Research Project Centres (AICRP) for cotton in Telangana.This marks the state's re-entry into the national cotton research system after a decade-long absence. PJTSAU, a leading agricultural university in Telangana, was unable to participate in national cotton research efforts since the state's bifurcation. Recognizing this gap, university's officials approached ICAR for the establishment of these new research centres.