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Economy

India–US Trade Deal: Major Win For Indian Textiles

India and the United States have finalised a revolutionary US$ 500 billion trade agreement, ending nearly a year of tense negotiations and marking a significant reset in bilateral economic ties. Announced by US President Donald Trump and acknowledged by Prime Minister Narendra Modi, the deal
Corporates

Lenzing Takes Majority Stake In TreeToTextile

Lenzing Group has acquired a controlling majority stake in Swedish innovation company TreeToTextile AB, marking a strategic milestone in the development and industrialisation of next-generation, sustainable cellulosic fibres. The transaction was executed through the issuance of new shares. With this step, Lenzing strengthens its position as a leading global provider of
Corporates

Rieter Completes Acquisition Of Barmag

Rieter has successfully completed the acquisition of Barmag, effective February 2, 2026, marking a strategically significant milestone for the group. With this acquisition, Rieter becomes the world’s leading system provider for both natural and synthetic fibres. Barmag will be fully consolidated into the Rieter Group from February 2, 2026, and will operate as the group’s
Budget

Union Budget 2026–27: A Blueprint For India’s Textile Future

Industry leaders back the government’s integrated push across manufacturing, MSMEs, exports and sustainability. India’s textile and apparel industry has responded positively to the Union Budget 2026–27, welcoming the government’s structurally focused approach aimed at strengthening fibre security, modernising manufacturing clusters, enhancing skills, promoting
Economy

Union Budget 2026–27: Integrated Textile Push, Export Incentives And MSME Support Take Centrestage

Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026–27, outlined an expansive reform and investment roadmap for India’s labour-intensive textile and apparel sector, positioning it as a key pillar for employment generation, export growth and sustainable manufacturing. The budget proposes an Integrated Programme for the textile sector comprising
Economy

Women Leadership Emerging As A Strategic Imperative For India’s T&A Sector

At the International Conference on TEXTILE 2030, organised by The Textile Association (India) Mumbai unit, on January 30, 2026, a compelling panel discussion titled ‘Women Leadership Driving a Change in the Textile & Apparel Sector’ brought into focus the evolving role of women in shaping the future of India’s textile and apparel industry. Moderated by […]
Corporates

Seiko Epson Ranked 6th In Clarivate Top 100 Global Innovators 2026

Seiko Epson Corporation, has been named 6th in the Clarivate Top 100 Global Innovators 2026, maintaining its position from last year. This marks the 13th time Epson has appeared on the list since its launch in 2012. The award recognizes companies demonstrating sustained innovation performance through high-quality patents and global invention activity. Clarivate assesses
Industry

Lifetime Achievement Award For Textile Veteran Amrishbhai Patel

Veteran industrialist Amrishbhai Patel, Chairman and Managing Director of the Dishman Group, Shirpur, has been conferred with the Lifetime Achievement Award for his enduring contribution to India’s textile industry. The honour was announced at the Textiles 2030 International Conference held in Mumbai on January 30th and was formally accepted on his behalf by his son, […]
Corporates

Aditya Birla Fashion & Retail Announces Change In Senior Management

Aditya Birla Fashion and Retail Ltd (ABFRL) has announced a change in its senior management team. Anant Kumar Daga, CEO of the TCNS Division, has resigned from the company effective April 30, 2026, citing personal reasons. Following his departure, Sooraj Bhat, currently CEO – Ethnic Business, will take on additional responsibility for the TCNS Division […]

Latest News

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Welspun And NSDC Launch Textile Skilling Drive For Women

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Turkiye’s Trade Sales Up 9.6% YoY In April; Textile Retail Slumps

Turkiye’s Trade Sales Up 9.6% YoY In April; Textile Retail Slumps

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Rohit Kansal Leads ESG Meet To Drive Sustainable Textile Vision

Rohit Kansal Leads ESG Meet To Drive Sustainable Textile Vision

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France Leads Global Push Against Ultra-Fast Fashion With Bold Sustainability Law

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Indonesia Ends Anti-Dumping Probe On Chinese Synthetic Yarn

Indonesia Ends Anti-Dumping Probe On Chinese Synthetic Yarn

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