Textile Market News

The political instability in Bangladesh has presented a golden opportunity for Indian textile companies to expand their market share.

The Indian Cotton Federation (ICF) held its 45th Annual General Meeting on September 29, 2024 and re-electing J Thulasidharan as President for the coming year.

Thai Acrylic Fibre Co (TAF) has partnered FibreTrace to enhance traceability and transparency of its Regel fibre.

German textiles manufacturer Gebruder Otto is committed to achieving carbon neutrality through sustainable practices and short supply chains.

Indorama Ventures, a global leader in petrochemicals and polyester fibers, is increasing its high-performance polyester filament yarn production in Italy, approximately 100 km west of Milan.

Woolmark, the global authority on wool, has unveiled a new campaign, ‘Wear Wool, Not Waste,’ highlighting the environmental benefits of wool as a sustainable alternative to synthetic fibers.

Indian government has outlined ambitious plans to revitalize the textile sector and create a significant number of jobs.

Global fiber production reached a record 124 million tons in 2023, a 7 per cent rise from 116 million tonnes in 2022, according to Textile Exchange’s latest Materials Market Report.

India's daily cotton arrivals for the 2023-24 season, from October 1, 2023, to September 30, 2024, have been estimated across various states.

Maksteel Wire Healds, a leading manufacturer of textile weaving machine accessories, has expanded its product line with the introduction of the Maksteel Gold Harness Cord.

The Swedish Textile Machinery Association (TMAS) is set to make a significant impact at this year’s ITMA ASIA + CITME textile machinery exhibition in Shanghai.

The South India Spinners Association (SISPA) has urged the Cotton Corporation of India (CCI) to establish cotton warehouses in Tamil Nadu.

Keel Labs, a pioneer in sustainable textile innovation, has unveiled Kelsun, a revolutionary seaweed-based yarn.

The Cotton Textiles Export Promotion Council (Texprocil) showcased Indian government’s Kasturi Cotton initiative at the New York Home Fashions Market, highlighting its growing brand power and traceability features.

Archroma, a global leader in specialty chemicals, has launched ‘Planet Conscious+’, a comprehensive roadmap designed to support brands and mills in their sustainability journey.

The All Pakistan Textile Mills Association (APTMA) has raised alarm over the misuse of the Export Facilitation Scheme (EFS) following the withdrawal of sales tax exemption on local supplies for export manufacturing under the Finance Act 2024.