Textile Market News

Sangam India is insulating its textile manufacturing from volatile energy costs with the acquisition of 49 per cent equity stake in Clean Max Kenai.

Following the bilateral trade deal between New Delhi and Washington effective immediately, US import tariffs on Indian textile products have been lowered from 50 to 18 per cent.

AI Champdany Industries has scheduled its Board of Directors meeting on February 13, 2026 to review and approve the unaudited financial results for Q3 FY26 ended December 31, 2025. The upcoming results will be scrutinized against a backdrop of deep financial stress but showing early signs of narrowing losses. In H1 FY26 (ended Sept 2025), the company reported a reduced net loss of Rs 14.23 crore, compared to a Rs 22.65 crore loss in the same period last year. Their total income rose by 206 per cent during that period.

Led by the recent elevation of Arush Kishore to the position of Head-Polyester Supply Chain, the operational realignment at Reliance Industries signifies a broader shift towards high-performance technical textiles. This leadership change coincides with the newly ratified India-US trade accord, which has effectively lowered tariffs on Indian apparel to 18 per cent. Reliance is positioning its Rs 75,000 crore capital expenditure program to capitalize on this opening, specifically targeting the operationalization of the 3 mmtpa Purified Terephthalic Acid plant at Dahej.

The cotton yarn market across major South Indian hubs, particularly Tiruppur and Coimbatore, maintained a steady pricing posture as the industry processed the implications of the landmark India-US trade agreement finalized on February 2, 2026.

Alstone Textiles reported a massive 4,405 per cent Y-o-Y increase in net profit during Q3, FY26, though the base from the previous year was very low.

The Indian textile industry is grappling with the reinstatement of the 11 per cent cotton import duty following the expiration of the government’s temporary waiver on December 31. This policy shift has driven domestic cotton prices to approximately Rs 59,000 per candy, significantly exceeding international rates of Rs 53,000. In response, the Confederation of Indian Textile Industry (CITI) has formally appealed to the Union Agriculture Ministry for duty-free access, arguing that the Minimum Support Price (MSP) mechanism, recently adjusted upward by 8 per cent already secures farmer interests without compromising the industry's external competitiveness.

RSWM’s recent deployment of an AI-powered sustainability platform underscores a broader sector movement toward audit-ready Environmental, Social, and Governance (ESG) frameworks. This shift is no longer elective; from the current 2025-26 fiscal year, SEBI’s Business Responsibility and Sustainability Reporting (BRSR) Core requires the top 250 listed companies to provide assurance-ready disclosures, including value chain emissions.

The Indian technical textiles is projected to reach $45 billion by 2026-end. This growth is underpinned by the government's shift from commodity textiles to high-value-added segments through the National Technical Textiles Mission (NTTM).