The foundation stone for a $62.7-million garment manufacturing hub by Lux Industries in Dankuni in West Bengal’s Hooghly district was recently laid.
The Lux Cozi expansion project will transform the 800,000-sq-ft unit into a 2-million-sq-ft integrated manufacturing campus.
It will add an annual production capacity of 200 million garment pieces, boosting the group’s annual capacity to 360 million.

The company said it will continue to operate under the stewardship of founder Ranbir Kapoor, with a focus on expanding its product portfolio, strengthening its consumer community, building strategic collaborations, and launching brand campaigns to deepen customer engagement.

Trade body BGMEA recently signed a strategic partnership agreement with HSBC to expand Bangladesh apparel sector’s global footprint through joint market-expansion initiatives.
The two sides will organise a major apparel roadshow in Hong Kong to connect exporters from Bangladesh with global buyers, brands and business partners.
The partnership will also leverage the upcoming Bangladesh Textile Expo.

BLUESTONE JEWEL-HIRING/ (PIX)Prosus-backed Indian jeweller BlueStone to double workforce, expand beyond malls

India’s FTA with the EU can improve price competitiveness, but tariffs alone will not double apparel exports.
TexPro data show India’s Europe-bound basket remains heavily cotton-focused, while demand is stronger for jerseys and outerwear.
The biggest opportunity lies in expanding MMF capacity and higher-value product categories before the agreement takes effect.

India remains Bata’s largest global market as well as its biggest manufacturing and sourcing hub, contributing nearly one-fourth of the Bata Group’s global revenues. The company sells close to 50 million pairs of footwear annually through company-owned stores, franchise outlets, multi-brand retailers and digital channels.

According to the draft red herring prospectus (DRHP), the company plans to utilise Rs 115.6 crore from the fresh issue towards repayment or prepayment of borrowings, Rs 250.5 crore for opening 10 new apparel stores, one integrated apparel store with a jewellery shop-in-shop format, and two standalone jewellery stores. Another Rs 35.8 crore will be used towards lease and rental payments for certain existing stores and warehouses, while the remaining proceeds will be allocated for general corporate purposes.

Commencing this Sunday, a dynamic three-day event dedicated to garment buyers and sellers is on the horizon, projected to facilitate wholesale business dealings amounting to approximately Rs 1,600 crore. Featuring over a thousand brands from across the globe showcasing their readymade attire for all age groups, this expo focuses on nurturing trade alliances and creating fresh opportunities, promising to invigorate the textile sector in West Bengal.

Sri Lanka’s apparel exports rose 7.96 per cent in May 2026, driven by a 15.36 per cent jump in US shipments, highlighting its reliance on American demand.
However, the recovery faces a key test as the country seeks a trade deal before July 24 to avoid a proposed 12.5 per cent US tariff that could weaken its competitiveness against rival exporters.

Bangladesh’s garment sector is reportedly facing factory closures and layoffs, leaving thousands jobless.
Many workers, 20,000 as per some estimates, were reportedly affected in the first half of the year amid falling orders, rising costs and financing challenges facing the industry.
The crisis underscores the sector’s struggle to balance global competitiveness with employment stability.