PM Inaugurates US $178 Million PM MITRA Textile Park in Telangana
Prime Minister Narendra Modi inaugurated the 1,327‑acre PM MITRA Textile Park in Warangal, Telangana. The project, approved at Rs 1,695.54 crore (≈US $178 million), includes a zero‑liquid‑discharge CETP, a 10 MW solar plant and worker dormitories. The park targets over Rs 6,000 crore (≈US $630 million) in private investment, with 62% of the land already allocated. Early tenants such as Evertop, Kitex, Youngone and Ganesha Ecosphere have pledged more than US $500 million in commitments.
Soch Apparel Crosses Rs. 500 Crore Revenue Mark in FY ’26
Soch Apparel reported FY 26 revenue surpassing Rs 500 crore (≈$52.5 million), driven by robust offline retail and accelerating e‑commerce. The brand now operates over 175 stores in more than 70 cities across India, Canada and Malaysia, while online sales jumped 65% year‑on‑year to...
Fashion Retailer Gaurik Fashions Seeks SEBI Nod for IPO
Gaurik Fashions has filed a draft red‑herring prospectus with SEBI to launch an IPO that includes a fresh issue of up to 62 lakh equity shares and an offer‑for‑sale of up to 8 lakh shares by Aries Opportunities Fund. The retailer operates...
Shree Karni Fabcom Collaborates with Global Italian Textile Group
Shree Karni Fabcom Limited has signed an exclusive partnership with a leading Italian technical knitted‑fabric manufacturer. The deal gives Fabcom sole rights to promote and sell the Italian group’s premium stretch fabrics across India’s fast‑growing premium apparel, swimwear, beachwear, sportstech...
Water Shortage Disrupts Denim Washing Units in Karnataka’s Ballari
An acute water shortage in Karnataka’s Ballari district has forced more than 55 denim washing units to curtail or halt production over the past two weeks. Units now rely on costly private tanker deliveries, reducing output and delaying deliveries. The...
Vardhman Textiles Announces US $13.2 Million Punjab Expansion Plan
Vardhman Textiles' board approved a Rs.125 crore ($13.2 million) expansion of its Punjab garment unit, raising shirt output capacity from 2.20 million to roughly 4.5 million units per year. The plant, already operating at 95 % capacity, aims to complete the upgrade by FY ’27 using...
Vardhman Textiles Q4 FY26 Net Profit Declines 22% to US $19.5 Million
Vardhman Textiles reported a consolidated net profit of Rs 185 crore ($19.5 million) for Q4 FY26, a 22.2% decline from the same quarter a year earlier. Revenue from operations slipped marginally by 0.4% to Rs 2,498 crore ($263 million), while EBITDA rose 2.5% to Rs 294 crore ($31 million),...
Rising LPG Costs Bleed Exporters’ Margins, Erode Competitiveness
India’s commercial LPG price jumped by Rs 993 (about $10.45) on May 1, lifting a 19‑kg cylinder above Rs 3,000 ($31.56). The surge, driven by higher international benchmarks, adds a significant cost layer for textile exporters that rely on LPG for dyeing, finishing...
Priyavrata Mafatlal Appointed as CEO of Mafatlal Industries
Mafatlal Industries Limited appointed Priyavrata Mafatlal as chief executive officer effective June 1, 2026, while he continues as managing director. The textile maker posted a total income of Rs 2,845.3 crore (≈$299 million) in FY 2024‑25, a 33% jump from the prior year. The change follows...
Papa Don’t Preach’s Pop Paisley Collection Reframes Craft For A New Age Consumer
Papa Don’t Preach’s new POP PAISLEY collection reimagines Indian craft for a global, younger audience. The line features over 150 third‑generation karigars translating hand illustrations into engineered fabrics across drapes, fusion wear, and separates. Priced between $480 and $1,800, the...
Tirupur Hit by Sharp Yarn Price Surge
Yarn prices in Tirupur rose by Rs 7 ($0.07) this month, bringing the five‑month cumulative increase to Rs 41 ($0.43). The hike follows the December termination of an 11% import‑duty waiver on cotton, which pushed candy‑cotton costs to Rs 5,500 ($58). Global crude‑oil...
Cotton Yarn Rise to ₹300/Kg Squeezes Gujarat’s Textile Value Chain
Cotton yarn prices in Gujarat have surged to a four‑year high of ₹300 per kg (about $3.60), driven by strong demand from China and Bangladesh. Fabric costs have risen ₹10‑₹25 per metre, and several powerloom units have shut down, tightening supply across...
Luxury Innerwear Brand MHYTH Secures Pre-Seed Funding for Premium Innerwear Strategy
Luxury innerwear label MHYTH announced a Rs 5 crore (≈$600,000) pre‑seed round led by a Mumbai‑based single‑family office headed by Mohammed Asief Khan. The funding follows a December 2024 angel round that included Nine Rivers Capital. MHYTH plans to build an India‑and‑Asia‑centric luxury...
Sky Industries Plans US $5.15 Million Gujarat Textile Unit, Signs MoU with State Government
Sky Industries Limited announced a ₹49 crore ($5.15 million) investment to build a technical textiles and apparel manufacturing unit in Gujarat, formalized through a facilitative MoU signed on May 2, 2026. The agreement, while not binding, secures state assistance for approvals and positions the...
Filatex India Q4 FY ’26 Revenue Down 8.75% YoY; EBITDA Up 13.89%
Filatex India Limited reported Q4 FY 2026 revenue of Rs 985.49 crore ($103 million), an 8.75% YoY decline, while full‑year revenue fell 2.15% to Rs 4,160.52 crore ($438 million). Despite weaker sales, EBITDA rose 13.89% YoY to Rs 86.24 crore ($9.08 million) in the quarter, expanding the margin to 8.75%,...
PM Modi to Inaugurate Warangal Mega Textile Park, Boosting Jobs and Investment
Prime Minister Narendra Modi will virtually inaugurate the PM MITRA Mega Textile Park in Warangal on May 10, a 1,327‑acre brownfield project under the government’s textile‑cluster scheme. The park’s construction cost is about $178 million, with expected investments topping $632 million, and it aims...
Agriculture Ministry Yet to Clear Cotton Duty Relief Despite Textile Sector Pressure
The Indian Textile Ministry has asked for a temporary removal or reduction of import duties on raw cotton to lower input costs for apparel exporters amid the West Asia crisis. The Agriculture Ministry, however, has not yet approved the proposal,...
Dr. Roopak Vasishtha Appointed Director General & CEO of ATDC
Dr. Roopak Vasishtha has been named Director General and CEO of the Apparel Training and Design Centre (ATDC), succeeding Dr. Vijay Kumar Mathur. ATDC runs more than 100 training centres across India and has educated over 490,000 students, many of...
India Aligns RoDTEP Schedules with Amended Customs Tariff Structure
India has updated its Remission of Duties and Taxes on Exported Products (RoDTEP) scheme to align with the amended customs tariff structure introduced by the Finance Act 2026. Effective May 1, 2026, the revision adds 142 new tariff lines, removes 50,...
India’s Textile Industry Faces March Slowdown on Cost Pressures
India’s textile sector recorded a 3.6% contraction in March, with garment production plunging 14.6% year‑on‑year. Output of non‑knitted and knitted garments fell 14.9% and 11% respectively, while home textiles slipped 6.1%. Raw‑material costs surged sharply—cotton yarn up 20%, polymers 50%,...
Bihar Clears US $15.8 Million Industrial Projects; Includes Muzaffarpur Garment Manufacturing Unit
The Bihar government approved land for a suite of industrial projects worth roughly $15.8 million, targeting 3,200 direct jobs across the state. Among the approvals, Mumbai‑based SAPL Industries will build a 1.8‑acre garment manufacturing facility in Muzaffarpur, investing about $3.16 million and...
Epic Group Unveils US $100 Million Net-Zero Garment Facility in Odisha
Epic Group has launched the Trimetro Manufacturing Campus in Khordha, Odisha, a $100 million garment facility that is India’s first fully net‑zero carbon and net‑zero water apparel plant. The 40‑acre campus is designed to produce 20 million garments a year for export...
Textiles Ministry Sets Up Monitoring Cell to Ensure Supply Stability Amid West Asia Crisis
India’s Ministry of Textiles has created a monitoring cell to coordinate exporters, industry bodies, and government agencies as the West Asia conflict drives raw‑material and logistics costs higher. In Surat, shipping rates have surged up to 400% and polyester fibre...
Policy Divide Widens Over Cotton Import Duty Amid Cost Pressures and MSP Concerns
India’s cotton value chain is split over the 11% import duty reinstated in January 2026. Textile manufacturers argue the duty inflates raw material costs and hurts export competitiveness, while farmer groups warn that lowering the duty could flood the market with...
Fashion Resale Platform Culture Circle Targets US $100 Million Revenue by FY ’27
Culture Circle, an Indian luxury fashion resale marketplace, reported FY26 GMV of Rs 153 crore (≈$16.1 million), a dramatic rise from $0.36 million in FY25. The platform now lists over 2.5 million products, serves more than five million monthly active users, and works with 7,000...
Ganga Expressway to Drive Over US $4 Billion Industrial Growth in UP
The Uttar Pradesh government will launch the 594‑km Ganga Expressway on April 29 as an expressway‑cum‑industrial corridor. Designed as an Integrated Manufacturing and Logistics Cluster, it links 12 districts and targets nearly Rs 47,000 crore (about $4.96 billion) across 987 proposals in textiles, logistics,...
MP PM MITRA Park Enters Execution Phase with First Textile Units
The Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Park in Dhar, Madhya Pradesh, is moving from land allotment to execution as four textile units begin construction in the first half of FY2026‑27. Jain Cord Industries will invest roughly $300 million on...
ANTA Advances India Re-Entry with Gurugram Store Launch, Outlines Multi-Store Expansion Plan
Chinese sportswear brand ANTA will re‑enter India with a flagship store in Gurugram next month, partnering with Brandman Retail. The rollout targets ten stores across the country by March 2027, positioning the brand in the premium segment with apparel priced around...
Surat’s Textile Engine Drives Gujarat Growth Ahead of Vibrant Gujarat Regional Conference
Surat’s textile industry, producing roughly 60 million metres of fabric each day, accounts for more than 25% of Gujarat’s GDP and 30% of global fabric output. The Gujarat government will host the Vibrant Gujarat Regional Conference on May 1‑2, 2026 in Surat...
India–New Zealand FTA Unlocks Duty-Free Access, Boosts Textile and Apparel Trade
India and New Zealand have sealed a comprehensive Free Trade Agreement that removes tariffs on all Indian exports to New Zealand and eliminates duties on 95% of New Zealand imports. The deal grants duty‑free access to 8,284 Indian items and is projected to...
Sustainable, But Scalable? Lessons From 40 Indian Fashion Startups
India’s sustainable fashion sector is accelerating, with the market valued at $272.5 million in 2024 and projected to reach $1.6 billion by 2033, driven by a 22% CAGR. Around 80% of Indian shoppers say they care about climate impact, yet only 60%...
Nandani Creation Partners with Reliance Fashion Factory to Expand Retail Presence
Nandani Creation Ltd has struck a strategic partnership with Reliance Fashion Factory to broaden the retail reach of its women’s ethnic‑wear label Jaipur Kurti. The deal will place the brand in more than 25 Reliance Fashion Factory stores, adding a structured...
Superdry Opens First Dedicated Sport Store in India
British fashion label Superdry launched its first dedicated Superdry Sport store in Mumbai, marking the brand’s entry into India’s premium activewear segment. The outlet showcases two lines—high‑performance training apparel and athleisure‑focused “Street ’N Style” pieces—catering to consumers who blend fitness...
Vardhman Textiles Invests Rs. 24.29 Crore in Green Energy
Vardhman Textiles Limited approved a 31.2% stake in Renew Green (MPR Four) Private Limited to develop a 19 MW wind‑solar hybrid plant in Ratlam, Madhya Pradesh. The project’s total cost is about Rs 77.86 crore ($8.3 million), with Vardhman contributing Rs 24.29 crore ($2.90 million) in three phases. The...
Textile Body Urges Inclusion of Spinning Segment in TEEM to Boost Competitiveness
The Confederation of Indian Textile Industry (CITI) is urging the government to bring the spinning segment into the Textile Expansion and Employment Mission (TEEM), a scheme announced in the Union Budget to modernise textile clusters. CITI warns that 25% of...
BIBA Enters Youth-Focused Ethnic Segment Through BIBA NXT
Indian fashion retailer BIBA launched BIBA NXT, a sub‑brand aimed at Gen Z and young millennials seeking contemporary ethnic wear. The line features modern cuts like halter‑neck kurtas and corset‑style tops, priced between Rs 899 ($9.55) and Rs 1,999 ($21). BIBA NXT...
Ethnic Wear Brand Alaya By Stage3 Secures Seed Funding To Scale Operations And AI Capabilities
Ethnic wear label Alaya By Stage3 announced an undisclosed seed funding round led by LC Nueva AIF, with additional backing from a high‑net‑worth investor. The capital will be used to expand warehousing, scale production, and embed artificial‑intelligence across demand forecasting,...
Flipkart Extends Recommerce Model to Fashion with Denim Take-Back Scheme
Flipkart has broadened its circular‑economy push by launching “Swap on Jeans,” a denim take‑back scheme under its Flipkart Reset recommerce arm. The program, which started as a Bengaluru pilot, now operates in more than 260 pin codes across Delhi NCR...
Cotton Prices Rise In India Amid Supply Concerns
India's benchmark Shankar‑6 cotton surged to Rs 60,500 ($645) per candy, an 8.5% rise from a month earlier, as domestic output is projected at 291 lakh bales—slightly below last year—while textile mills forecast demand of 312 lakh bales. The price climb is amplified...
US Opens US $166 Billion Tariff Refund Window; Indian Firms to Negotiate Share
The United States has opened a $166 billion tariff‑refund window after the Supreme Court struck down Trump‑era reciprocal tariffs. Customs and Border Protection’s new CAPE platform now processes electronic claims for roughly $127 billion in eligible duties. Over 330,000 U.S. importers, representing...
Newme Expands to Northeast as Brands Eye Region’s Consumption Boom
Fast‑fashion label Newme has entered Northeast India with stores in Shillong and Guwahati, bringing its footprint to 24 locations. The move follows a revenue surge to Rs 183.5 crore ($19.65 million) in FY ’25, up from Rs 49.7 crore ($5.32 million) a year earlier. The expansion taps...
Newtimes Group Appoints Ranjan Mundhra as Vice President, Quality & Production
Newtimes Group, a Hong Kong‑based global apparel sourcing firm, has hired Ranjan Mundhra as Vice President, Quality & Production. Mundhra brings 26 years of experience across apparel, footwear and accessories, most recently as Senior Director of Quality for Asia at PVH where...
Why Fashion Brands Are Betting Big On Q-Commerce Ads
India’s quick‑commerce (q‑commerce) market surged to roughly ₹64,000 crore ($6.9 bn) in FY25, growing at a 142% CAGR and now serving 33 million monthly users across 150+ cities. Leading platforms—Blinkit, Zepto and Swiggy Instamart—are turning advertising into a major revenue stream, with Blinkit...
Value Retailers Set to Outpace Premium as Apparel Growth Picks Up In Q4 FY ’26
Value apparel retailers are projected to post about 16% year‑on‑year revenue growth in Q4 FY ’26, outpacing premium chains. HDFC estimates V‑Mart Retail will grow 24% to Rs 9.7 bn (~$104 m) and Vishal Mega Mart 16% to Rs 29.7 bn (~$319 m), while Shoppers Stop lags at...
Tier-2 and 3 Cities Drive Next Wave Of Growth For India’s D2C Sector
India’s tier‑2 and tier‑3 cities are now the primary engine of growth for the country’s direct‑to‑consumer (D2C) market, accounting for roughly two‑thirds of new orders in FY 2025‑26. Buyers in these regions contributed about 60% of incremental gross merchandise value (GMV)...
Nandan Denim to Buy 6.1% Stake in Renewable SPV for Green Power
Nandan Denim Limited approved a purchase of a 6.1% equity stake in Opera Vayu (Narmada) Private Limited, a wind‑solar SPV, for roughly ₹4 crore ($429,000). The investment secures 4.3 MW of captive green power for its Bareja plant under a 25‑year agreement,...
Kiaasa Retail Announces CFO Sumit Agrawal’s Exit
Kiaasa Retail, the Indian women’s ethnic and fusion wear brand, announced that Chief Financial Officer Sumit Agrawal will resign effective 30 April, citing personal reasons and a family relocation. The departure comes just weeks after the company completed its IPO, which...
Bombay High Court Clears German Textile Firm, Rules Exporter Not Liable for Importer Violations
The Bombay High Court quashed show‑cause notices against German textile‑machinery maker Karl Mayer STOLL, holding that a foreign exporter cannot be held liable for misdeclarations by Indian importers. The bench clarified that customs liability for classification, declaration and duty rests solely...
Raw Materials, Fuel, And Freight: The Triple Squeeze On The Indian Apparel Industry
The Indian apparel sector is under a “triple squeeze” as war‑driven LPG shortages, a 25% jump in diesel prices, and soaring raw‑material costs converge. In Tiruppur, more than 20,000 garment units rely on LPG, and the shortage has forced production...
Indian Textile and Apparel Exports Register Significant YoY Degrowth in March 2026
Indian textile and apparel exports contracted in FY 2025‑26, with textiles down 2.86% and apparel down 1.36% year‑over‑year, yielding a combined 2.21% decline to $35.8 billion. The slowdown accelerated in March 2026, when textile shipments fell 9.91% and apparel plunged 18.99%, pushing cumulative...