Textile Market News

Synthetic and Art Silk Mills' Research Association (SASMIRA) has signed an MoU with the Energy and Resources Institute (TERI) for joint research and innovation focused on environment, climate change, sustainable textiles, and green technologies. This collaboration unites TERI's national leadership in sustainability with SASMIRA's technical expertise in textiles and technical textiles. Together, the two organizations will work to strengthen the industry's capabilities in several critical areas essential for responsible manufacturing such as Life Cycle Assessment (LCA), Carbon Footprinting, Circularity and Eco-friendly Material Development

The Indian cotton yarn market is witnessing weakness despite the global cotton yarn market recording acceptable sales levels and temporary price stability. Global cotton yarn prices were reported to be temporarily stable. This stability might be influenced by government interventions to manage cotton prices and a general cautious sentiment in the global textile supply chain.

Visaka Yarns aims to increase its textile division turnover to Rs 500 crore in the next 3-5 years (from late 2025). And it plans to achieve this by scaling up capacity and increasing the market share of sustainable, innovative, and high-quality yarns globally. The entire growth blueprint is rooted in the company's commitment to sustainability, primarily through its flagship product: The Wonder Yarn. This is a synthetic blended yarn made from recycled PET (Polyethylene Terephthalate) bottles.

Apex trade body for the crucial Surat region, the Southern Gujarat Chamber of Commerce and Industry (SGCCI), is aggressively promoting the Union government’s November 2025 decision to rescind mandatory Quality Control Orders (QCOs) on a vast array of Man-Made Fibre (MMF) raw materials.

MMF industry leaders in hubs like Surat celebrated as yarn prices reportedly fell by nearly 22 per cent soon after the QCO withdrawal announcement, immediately lowering input costs for weavers. MMF industry leaders in hubs like Surat celebrated as yarn prices reportedly fell by nearly 22 per cent soon after the QCO withdrawal announcement, immediately lowering input costs for weavers. Polyester yarn prices in India dipped as the market prepares for a surge in imports of cheaper, internationally sourced materials.

Looking to expand its workforce Vardhman Textiles participated in the mega job fair titled 'Kashi MP Employment Mahakumbh-2025,' being held from December 9-10 in Varanasi.

The Ministry of Textiles is implementing several measures to stabilize domestic cotton prices and shield textile manufacturers from the volatility of global markets. It has exempted cotton imports from the existing 11 per cent import duty (Customs Duty and Agriculture Infrastructure Development Cess). This significant relief remains in effect until December 31, 2025.

The Southern India Mills' Association (SIMA) has urged Reserve Bank of India (RBI) and the Central government to extend recently announced trade relief measures to the entire textile value chain, arguing, the struggling spinning and weaving units need the support currently offered only to the downstream apparel and made-up segments.