Fifteen companies recently proposed investments worth ₹125.08 billion (~$1.419 billion) in the textile sector in India's Madhya Pradesh state. The companies expressed interest in investing in the PM MITRA Park being developed near Badnawar in Dhar district. A detailed plan worth ₹20 billion has been prepared for the park, and environmental clearance has already been secured. Fifteen companies recently proposed investments worth ₹125.08 billion (~$1.419 billion) in the textile sector in India&rs

Though Canadian PM Mark Carney recently said he had a lengthy and productive conversation with US President Donald Trump on August 1, his words suggested it is unlikely American tariffs on imports from his country will be lifted in anytime soon. Carney said a senior team of his government officials was in Washington for the latest round of talks on trade, while making clear progress would not be quick. Though Canadian Prime Minister Mark Carney recently said he had a lengthy and productive conv

Texworld Apparel Sourcing Paris returns for its 57th edition from September 15–17, 2025 at Paris–Le Bourget with 1,300 exhibitors from 35+ countries, offering Europe's largest textile and apparel sourcing platform. Highlights include Avantex's sustainable innovations, national pavilions, Initiatives zone, trend forums, Bio Fashion Innovation Day, and guided Econogy Tour. Texworld Apparel Sourcing Paris returns for its 57th edition at the Paris–Le Bourget Exhibition Centre from

China's manufacturing sector returned to growth in August, with the PMI rising to 50.5, its highest in five months, as per RatingDog and S&P Global. Output and new orders expanded, driven by firmer domestic demand, while export declines eased. Purchasing and inventories rose, though firms shed staff for a fifth month. Input costs climbed at the fastest pace in nine months. China’s manufacturing sector strengthened midway through the third quarter as operating conditions improved, acco

Nigeria and Brazil recently signed an MoU in science, technology and innovation to strengthen biotechnology cooperation to boost sustainability, traceability and productivity of cotton cultivation in Nigeria. Nigeria will leverage Brazil's experience in crop circle optimisation, pest resistant technologies and seed performance trails, and also access Brazilian Cotton Association's research data. Nigeria and Brazil recently signed a memorandum of understanding (MoU) in science, technology and in

The India-European Free Trade Association FTA will come into force from October 1 and have legally binding provisions on trade and sustainable development, Switzerland has said. The pact was signed on March 10 last year. India has received an investment commitment of $100 billion in 15 years from the grouping under the agreement, while the former will allow several products at lower or zero duties. The Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Ass

Uniqlo is restructuring and expanding its UNIFORM business to meet rising demand, with over 20,000 companies, schools, and sports teams expected to adopt its clothing by FY2026. Offering practical, affordable, and high-quality apparel, the brand is enhancing sales, production, and delivery systems to redefine uniforms for work, education, and sports through its LifeWear philosophy. Global apparel retailer UNIQLO today announced that it is revamping the structure of the UNIQLO UNIFORM business,

Imposition of a 50 per cent tariff on Indian imports by US severely impacted Tamil Nadu. Tiruppur and Coimbatore are particularly vulnerable, with Tiruppur alone accounting for nearly 60 per cent of India's knitwear exports. FTA with UK and a potential EU deal may offer long-term relief, but immediate challenges remain acute, even as calls for diversification of export markets grow strong. As the implications of US President Donald Trump’s decision to impose 50 per cent tariffs on imports

The Conference Board Consumer Confidence Index fell 1.3 points in August to 97.4 from 98.7 in July. The Present Situation Index slipped to 131.2, while the Expectations Index eased to 74.8, below the 80 threshold that often signals recession. Confidence dropped among under-35s, stayed steady for 35–55s, and rose for over-55s. Recession fears rose to their highest level since April. The Conference Board (TCB) Consumer Confidence Index slipped 1.3 points in August to 97.4 (1985=100), down f

North India Textile Mills Association (NITMA) has urged the GST Council to impose a uniform 5 per cent GST on polyester fibre, yarn, fabric, and garments to address the inverted duty structure. Currently, polyester fibre attracts 18 per cent, yarn 12 per cent, and fabrics/garments 5 per cent GST. NITMA warned that the imbalance threatens spinning viability, risking shutdowns and job losses. The global textile and apparel industry is dominated by manmade fibre, but India’s textile and appa