Textile Market News

Textile Fairs India (TFI), a leading textile trade show in India, is set to hold its 30th edition (Yarnex), 31st edition (F&A Show), 3rd edition (Homtex), and 4th edition (DyChem Texprocess Show) on May 9-11, 2024, at the Bombay Exhibition Centre in Mumbai.

The Lenzing Group, a leader in wood-based specialty fibers, recently held a conclave in Varanasi, India.

Eastman unveiled their latest sustainable advancement in textiles, Naia Renew ES staple fibers, at a recent fashion expo in Shanghai. This fiber boasts of 60 per cent recycled waste content, aiming to reduce reliance on virgin materials and address environmental issues.

Century Textiles & Industries share price dropped 4.4 per cent after reporting a decline in net profit for Q4 FY24.

Textile manufacturers can now achieve greater energy transparency and reduce costs with the new Energy Efficiency Solution from Karl Mayer Group.

Better Cotton, a sustainability-focused cotton initiative, will assess cotton farming in West and Central Africa.

BASF showcased a range of innovations at Techtextil that promote circularity and sustainability in textile production.

The Lycra Company has launched Lycra One, a digital B2B marketplace designed to connect brands, retailers, and garment makers with mills across South Asia. This platform offers several benefits for all stakeholders in the textile industry.

India's textile industry, once a global leader, is looking to reclaim its throne. The government is considering a plan to increase domestic production of synthetic yarns, a key area where China dominates.

The National Council of Textile Organizations (NCTO) has urged the US government to strengthen domestic textile industry and counter unfair trade practices by China.

In a move to bolster the linen industry and enhance exports, the Indian government has announced an increase in duty drawback rates for linen products made from cotton and blended fibers.

ICE cotton prices finally reversed course on Friday, snapping a five-week losing streak.

India, the world's second-largest cotton producer, faces a water crisis. Hotter summers, unpredictable monsoon rains, and low reservoir levels threaten crops.

Indian exports of cotton woven fabrics witnessed a slight increase in volume in November 2023, but the overall trend remains mixed.

The Cotton Association of India (CAI) released state-wise cotton arrivals statistics for the season 2023-24 (October 1, 2023 - September 30, 2024). The report reveals a mixed performance across major cotton-producing states.

India's knitwear hub, Tiruppur's garment exports are bouncing back after a year-long slump.

The global nylon-6 market is expected to witness steady growth at a CAGR of 5.9 per cent over the next decade, reaching a valuation of $26 billion by 2032.