India’s textile industry is seeing a comeback as uncertainty over US tariffs has ended. Global demand is getting better. This brings new hope for the sector with imporved industry fundamentals. Demand is becoming clearer and new trade agreements are strengthening India’s global position.
Uni Seoul raises Rs 35 crore in Series A funding; plans retail and quick commerce expansion
As part of its expansion strategy, the company plans to increase its store network to more than 50 outlets in the near term, with a longer-term goal of building 500 retail touchpoints over the next five years through a mix of company-owned and franchise-led formats.
ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block deal
Abu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows SoftBank’s recent Rs 2,873 crore share sale. Despite the sale, ADIA will retain significant holdings, indicating substantial paper gains on its 2023 investment. The move comes after Lenskart’s IPO lock-in period expired.
ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block deal Read More »
Centre clears Rs 2,339 crore investment under Textile PLI Scheme; eyes over 36,000 jobs
In a massive boost to the textile industry, the Indian Governemnt has approved 96 companies under round-III of Textile PLI Scheme; which will bring a total investment of Rs 2,339.14 crore, as per the statement by the Ministry of Textiles.
Centre clears Rs 2,339 crore investment under Textile PLI Scheme; eyes over 36,000 jobs Read More »
Gold price crash may revive wedding demand as buying season nears
Gold and silver prices witnessed a sharp correction from recent highs, raising hopes of stronger jewellery demand. Industry experts expect wedding and festive purchases to improve after Adhik Maas ends, with lower prices encouraging buyers across urban and rural markets.
Gold price crash may revive wedding demand as buying season nears Read More »
US textile, apparel imports down 12% in Jan-April; China hit hardest
US textile and apparel imports fell 12.06 per cent year on year to $31.11 billion in January-April 2026, led by a sharp decline in shipments from China.
Vietnam remained the largest supplier and expanded its market share, while Cambodia also posted strong growth.
Apparel imports dropped 11.90 per cent, reflecting shifting sourcing strategies and weaker overall import demand.
Vietnam remained the largest supplier and expanded its market share, while Cambodia also posted strong growth.
Apparel imports dropped 11.90 per cent, reflecting shifting sourcing strategies and weaker overall import demand.
US textile, apparel imports down 12% in Jan-April; China hit hardest Read More »
US AAFA publishes industry glossary of traceability terms
US AAFA has published the Global Apparel, Footwear, & Accessories Glossary of Traceability Terms to establish a common reference point for terminology used across that industry.
The glossary will define key traceability-related terms and address terminology that may appear in existing or emerging regulations, helping to promote clarity, consistency and shared understanding across the global supply chain.
The glossary will define key traceability-related terms and address terminology that may appear in existing or emerging regulations, helping to promote clarity, consistency and shared understanding across the global supply chain.
US AAFA publishes industry glossary of traceability terms Read More »
Humana Apparels boosts capacity 15% with Coats Digital solution
Bangladesh-based Humana Apparels has improved operational efficiency after implementing Coats Digital’s FastReactPlan solution.
The outerwear manufacturer achieved a 15 per cent increase in capacity utilisation, an 8 per cent productivity gain and a 5 per cent improvement in on-time delivery performance.
Real-time planning and synchronised production processes reduced idle time.
The outerwear manufacturer achieved a 15 per cent increase in capacity utilisation, an 8 per cent productivity gain and a 5 per cent improvement in on-time delivery performance.
Real-time planning and synchronised production processes reduced idle time.
Humana Apparels boosts capacity 15% with Coats Digital solution Read More »
China Cambodia AEO pact drives 1.97 bn fabric lane for apparel surge
The Cambodia-China AEO mutual-recognition pact is expected to streamline customs procedures and improve apparel supply-chain efficiency.
With China supplying nearly $1.97 billion of textile inputs to Cambodia in January-April 2026, faster clearance and fewer inspections could support garment exports.
The deal affirms the importance of customs trust and trade facilitation in apparel competitiveness.
With China supplying nearly $1.97 billion of textile inputs to Cambodia in January-April 2026, faster clearance and fewer inspections could support garment exports.
The deal affirms the importance of customs trust and trade facilitation in apparel competitiveness.
China Cambodia AEO pact drives 1.97 bn fabric lane for apparel surge Read More »
QUE Universe targets Rs 100 crore revenue over the next two years as it expands eyewear portfolio
Founded as a fashion-focused eyewear brand, QUE Universe currently offers a portfolio of more than 150 eyewear styles and serves a community of over 100,000 consumers.
