Textile Market News

India, a textile powerhouse, also plays a key role in global wool production. This industry is particularly important for rural areas with suitable climates for sheepherding.

India's cotton industry is tangled in a web of price controls that's hurting both farmers and seed companies.

Ambika Cotton Mills reported mixed results for the quarter ending March 2024. While net sales grew 10.5 per cent year-on-year to Rs 205.79 crore, net profit dipped 11.25 per cent to Rs 16.09 crore compared to the same period last year.

Bangladeshi yarn manufacturer Aman Cotton Fibrous significantly narrowed its losses in the first quarter of 2024. The company reported a 91 per cent decline in losses compared to the same period last year.

Textile leader Sangam India is investing Rs 500 crore into expanding yarn and synthetic fabric production.

Kancheepuram silk saris, a popular choice for weddings and special occasions in India, have seen their prices rise by up to 50 per cent in just eight months.

Damodar Industries reported a significant increase in profitability for both the fourth quarter and full year ended March 31, 2024.

The Karl Mayer Group is helping warp knitting companies achieve greater sustainability and cost savings with their new energy efficiency solution.

Fashion for Good, a leading advocate for sustainable fashion, has released a report on textile waste in the US.

The Confederation of Indian Textile Industry (CITI) applauds recent government policies aimed at reviving the domestic textile sector.

Uster is displaying its FiberQ and RSO 3D systems at ITM 2024 being held in Turkey from June 4 to 8, 2024.

The 4th edition of the Yarn & Jari Textile Expo in Surat brought together over 100 exhibitors and 37,000 buyers.

Kushal Patel has returned as Managing Director of Axita Cotton, marking a new phase of growth and sustainability for the company.

American-grown Supima Cotton, known for its luxurious softness and high quality, is facing a lean year in 2024.