Textile Market News

The Union government has launched the Rs 600 crore ‘Kapas Kranti Mission’ as a component of the broader Mission for Cotton Productivity scheme. The primary goal of this mission is to boost cotton productivity and promote the cultivation of high-yield, long-staple cotton varieties across India. The mission focuses on a multi-pronged strategy covering scientific cultivation, technological innovation, and market transparency to benefit cotton farmers. It supports the adoption of scientific cultivation methods to increase per-hectare yield and improve the quality of cotton fibre.

Subhlaxmi Syntex has enhanced its fabric processing capabilities by installing InspirOn's Motex Stenter Technology.

Cotton yarn prices in the Ludhiana market have reportedly fallen by Rs 1 per kg, as stockists and spinning mills lowered rates in an attempt to attract hesitant buyers. Market demand for cotton yarn remains sluggish. However, the recent drop in raw cotton prices has given mills the leverage to finally pass on some savings.

Cotton yarn prices in South India held steady this week as post-Diwali demand remained low. This weakness was particularly noticeable in Mumbai, where weaving operations have slowed due to shortage of workers.

India and Saudi Arabia have agreed to strengthen their bilateral cooperation in the Man-Made Fiber (MMF) sector and Technical Textiles The two textile segments are expected to become major pillars of bilateral trade, offering opportunities for joint raw material sourcing, technology exchange and product development and expanding production capacities and market reach.

The next edition of India’s largest global textile trade fair-Bharat Tex 2026 will be held across two venues in New Delhi: Bharat Mandapam in Pragati Maidan and India International Convention and Expo Center at Yashobhumi/India Expo Mart. The event is scheduled from February 24-27, 2026.

Workers at Morarji Textiles in Nagpur are protesting against the non-payment of wages for the last three to four months. Facing financial desperation, approximately 1,000 workers marched towards the state chief minister's official residence recently.

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.