India News

FabriCare by D’Decor Celebrates Mother’s Day

Mothers spend their lives building beautiful homes…and
somewhere along the way, they get conditioned to con
stantly protect them. They restrain their kids from creating mess
on their curtain and upholstery fabrics. In the pursuit o...

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India Eases FDI Norms For Firms With Limited Chinese Ownership

India has eased its foreign direct investment (FDI) regulations by
permitting overseas entities with up to 10% shareholding from
Mainland China or Hong Kong to invest through the automatic
route from May 1, 2026. Under the revised f...

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Panda Biotech integrates fibre-to-yarn supply in India

Dallas, TX, USADallas, Texas-headquartered Panda Biotech –
already the operator of the largest hemp decortication facility
in the Western Hemisphere – has announced the launch of India’s
first fully integrated hemp fibre-to-ya...

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European CEOs more optimistic about business prospects in India than in China

A new survey of European business leaders indicates grow
ing confidence in India’s long-term economic prospects,
while sentiment towards China remains cautious despite some
improvement. The survey, conducted in April among the chie...

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Cabinet Approves Rs 5,659 Crore Mission For Cotton Productivity

The Union Cabinet, chaired by Prime Minister Narendra Modi,
has approved a Rs 5,659.22 crore “Mission for Cotton Pro
ductivity” for the period 2026–27 to 2030–31, aimed at address
ing structural challenges and improving produc...

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Karur Textile Industry Seeks Relief Over Raw Material Price Surge

The Karur Textile Manufacturers and Exporters Association
(KTMEA) has urged both the Union and Tamil Nadu govern
ments to intervene and support the textile industry, which is
facing mounting pressure due to rising raw material costs ...

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Experts Urge India To Improve FTA Utilisation To Boost Export Growth

With India rapidly expanding its network of free trade agree
ments (FTAs), trade experts have said the country’s next
priority should be ensuring effective utilisation of these pacts,
arguing that the gap between negotiated market ...

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Textile Industry Bodies Want Pause on Anti-Dumping Investigations

Textiles ministry as well as several industry bodies are learnt
to have sought a temporary suspension of anti-dumping
investigations on key chemical intermediaries amid rising prices
and supply shortages triggered by the ongoing con...

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AAML acquires majority stake in Dalco-GFT22/06/2026

AAML acquires majority stake in Dalco-GFT

Arvind Advanced Materials (AAML), has acquired a 61% stake
in Dalco-GFT, a US-based manufacturer of specialised nee
dlepunched nonwoven speciality fabrics.
AAML operates a scaled advanced materials platform with
leadership positio...

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AAML acquires majority stake in Dalco-GFT

Arvind Advanced Materials (AAML), has acquired a 61% stake
in Dalco-GFT, a US-based manufacturer of specialised nee
dlepunched nonwoven speciality fabrics.
AAML operates a scaled advanced materials platform with
leadership positio...

read more

India Becomes Fifth Most Digitalised Economy Globally

India has emerged as the world’s fifth most digitalised
economy in 2026, surpassing several advanced economies
including Germany, France, Japan and Canada, according to the
State of India’s Digital Economy Report 2026 released b...

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Petrol, Diesel Price Surge may add to Inflation Pressures

Petrol and diesel prices are set to exert fresh inflationary
pressure on the Indian economy, with higher transport and
manufacturing costs expected to filter through to consumer
prices in the coming months, ratings agency Crisil war...

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Trident Group, ICAR-NINFET to develop sustainable natural fiber textiles

Trident Group is strengthening its focus on sustainable textile
innovation through a proposed strategic collaboration with
ICAR-National Institute of Natural Fibre Engineering and Tech
nology (ICAR-NINFET), based in Kolkata. The init...

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India’s textile and apparel exports fall 3.4% in April 2026

India’s textile and apparel exports declined 3.42% year on year
to $2.88 billion in April 2026, mainly due to a sharp fall in ap
parel shipments.
According to the Confederation of Indian Textile Industry,
apparel exports dropped...

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Khadi-Village Industries product sales cross Rs 1.87 lakh cr in FY26

Sales of Khadi and Village Industries products reached a his
toric level of Rs 1,87,105 crore in 2025-26, the highest-ever
sales figure, the Khadi and Village Industries Commission KVIC
said.Sales during the previous financial year 2...

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ICRA Cuts FY27 GDP Growth Forecast To 6.2%

Investment Information and Credit Rating Agency (ICRA) has
projected India’s year-on-year GDP growth to ease to a three
quarter low of 7.0 percent in Q4 FY26, down from 7.8 percent in
Q3 FY26, amid slower expansion in the industria...

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RBI says 4% inflation target not in abeyance; future rate action tied to price persistence

The Reserve Bank of India (RBI) Governor Sanjay Malhotra
said its 4 per cent medium-term inflation target is sacro
sanct and has not been put in abeyance.
Malhotra, who upped the central bank’s FY27 consumer inflation
estimate b...

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RBI’s foreign capital push reflects rising inflation, slowing growth concerns

Reserve Bank of India’s (RBI) latest measures to attract
foreign capital reflect growing concerns over rising inflation,
slowing economic growth and external sector pressures, accord
ing to a strategy report by Systematix Instituti...

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India’s Economy to Grow 6.3% in FY27

The Organisation for Economic Co-operation and Development
(OECD) has revised India’s economic growth forecast upward
to 6.3 percent for FY27, while cautioning that higher energy prices
arising from the ongoing West Asia conflict ...

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India to target USD 250 billion in textile production by 2030

Union Minister for Finance and Corporate Affairs, Nirmala
Sitharaman has emphasised the need to strengthen the
entire textile value chain, from farm to fibre, factory, fashion and
foreign markets, to ensure a robust and uninterrupte...

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Prime Minister inaugurates the PM MITRA Park at Warangal

Prime Minister Shri Narendra Modi inaugurated the PM
MITRA Park at Warangal, Telangana marking a historic mile
stone in India’s industrial and textile growth journey. Developed
at 1695.54 Cr, it is the country’s first functional ...

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Tirupur Garment Exports Surpass US $4.45 Billion Despite Global Headwinds

India’s premier knitwear manufacturing and export centre, Tiru
pur, demonstrated remarkable resilience during 2025-26 by reg
istering garment exports worth Rs. 42,544.40 crore (approximately
US$4.46 billion), despite facing signific...

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National Jute Board’s Role in the JCIS

The evolution of India’s jute sector has entered a decisive new
phase with the implementation of the Jute Crop Information
System (JCIS), a technology-led initiative that brings together
satellite intelligence, weather analytics, ...

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Ministry of Textiles launches Bharat Tex 2026 Mobile App22/06/2026

Ministry of Textiles launches Bharat Tex 2026 Mobile App

Ms. Neelam Shami Rao, Secretary, Ministry of Textiles,
launched the Bharat Tex 2026 Event App, a unified digital
platform designed to enhance the experience of buyers, inter
national delegates, speakers, sourcing consultants, partner...

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India’s GDP Growth  Hits 7.7% In FY26; Q4  Growth At 7.8%22/06/2026

India’s GDP Growth Hits 7.7% In FY26; Q4 Growth At 7.8%

India’s economy grew at 7.7 per cent in FY2025–26, up from 7.1
per cent in FY2024–25 and marginally above the government’s
own earlier estimate of 7.6 per cent, according to provisional
estimates released by the Ministry of ...

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