India waives off 11% customs duty on cotton till October 2026
The Indian textiles ministry has announced a temporary withdrawal of 11% duty on cotton starting from June 1 till October 30. This move is...
Kenya expects textile & garment sector investments to total $750mn by 2030
Kenya is poised to become the region's textile and garment hub, with strong demand and the need for import substitution potentially driving new investment...
USA rolls out plan to boost cotton farm economy & restore local textile manufacturing
The United States has rolled out a comprehensive plan to strengthen cotton farm economy, restore domestic textile manufacturing, expand cotton trade opportunities, and increase...
Q4FY’26 standalone net profit at Suryalakshmi Cotton Mills dives 70.7%
Standalone net profit in the quarter ended March 31, 2026 dived 70.7% to Rs. 0.83 crore from Rs. 2.82 crore at Suryalakshmi Cotton Mills...
Bangladesh cotton imports from India through Bhomra land border fall 38.5%
Bangladesh cotton imports from India through the Bhomra land border fell 38.5% year over year during the first ten months of fiscal 2026 ending...
Ganesha Ecosphere net profit balloons 389.6% sequentially in Q4FY’26
Net profit in the fourth quarter of fiscal 2026, at one of India’s biggest recycled polyester fibre producer Ganesha Ecosphere, ballooned 389.66% to Rs...
EU digital passport to create major challenge for Vietnamese garment industry
The European Union (EU) is implementing digital passports from mid-2028, which is expected to create a major challenge for the Vietnamese garment industry in...
Weakening Indonesia rupiah putting pressure on fibre manufacturers
The weakening rupiah is again putting pressure on the Indonesian domestic textile industry. The impact is being mainly felt by fibre manufacturers, who heavily...
Indian cotton cultivation to increase in next season: CAI
Farmers, encouraged by the remunerative prices and better income realised during the current season, are expected to bring a larger area under cotton cultivation...
Bangladesh apparel exports to EU in Jan-Feb fall faster than average
The European Union's total apparel imports fell to €13.83 billion in January-February of this year, down 11.27% from the same months of previous year.However,...
