Union Minister of State for External Affairs and Textiles Pabitra Margherita said the Man-Made Fibre (MMF) arena will have a pivotal role to play for India to achieve textile and apparel exports worth USD 100 billion by 2030. Margherita inaugurated the 3rd Man-Made Fibre (MMF) Conclave, organised by the Confederation of Indian Textile Industry, in Coimbatore on Monday. The theme of the conclave was ‘Global Trade Dynamics: Strengthening India's Position in the Manmade Fibre Value Chain’. Delivering the inaugural address, Margherita spoke of the global shift in demand towards man-made fibre. Highlighting the various steps being taken by the government of India to further strengthen its position in the global textile arena, he said the establishment of the PM-MITRA parks and the production linked incentive (PLI) scheme would act as game changers for the Indian textile sector.
Margherita interacted with exporters in Tiruppur on Monday and said, "India is becoming a hub of the apparel sector as well. The reason I am saying this in Tiruppur is because the city is the centre of everything. Exporters have put forward various recommendations and suggestions during the discussion. I will discuss everything with my department colleagues and give it due importance." "We are continuing to negotiate with the US, UAE and other countries to sign a Free-Trade Agreement (FTA). There are favourable conditions in India, and these markets have high demand for Indian apparel," he added. Later, the minister visited the Sardar Vallabhbhai Patel International School of Textiles and Management (SVPISTM), Coimbatore, an autonomous institute under the Ministry of Textiles. The programme was presided over by the director of SVPISTM, P Alli Rani. Speaking at the event, the minister said, "Textiles account for 13% of India's total industrial production and stand as the second-largest employment generator after agriculture."
Source: Indian Express
The Union Minister of State for Textiles Pabitra Margherita told the media in Coimbatore on Monday that the Ministry is committed to development of the entire textile value chain, from handlooms to technical textiles. The textile stakeholders are asking for PLI- II. While the government is considering it, there will be other schemes too, he said. Regarding the demands of the industry to relax the Quality Control Orders (QCOs), he said the government is taking inputs from the industry on trade-related issues. The trade unions demanded reopening of National Textile Corporation (NTC) mills in Tamil Nadu. Mr. Margherita said, “They have submitted their demands and appeals. Our Ministry is very much in touch with them (trade unions). We are with the employees of NTC. We would resolve their problems. We are optimistic that the demands of the NTC people will be fulfilled.”
Source: The Hindu
The park in 1,052 acres is located at Virudhunagar to attract technical textiles processing and integrated units. In a major boost to the textile industry in Tamil Nadu, the Union Ministry of Textiles has approved ₹1,894 crore development plan for PM Mitra Park in the State. The 1,052-acre integrated Mega Textile Park coming up in Virudhunagar with facilities to attract technical textiles - engineered materials examples medical textiles and automotive textiles designed for their functional properties - processing and integrated units, according to a social media post by the Textiles Ministry. A 15 million litres per day (MLD) common effluent treatment plant with zero liquid discharge and a 5 MLD Sewage Treatment Plant and a 10,000 bed safe worker accommodation in 13 lakh sq ft plug-and-play built-to-suit to be built. The construction will be completed by September 2026. The park will attract ₹10,000 crore of investment and generate around 1 lakh employment.
TN to emerge a hub
“Our dream of seeing TN as the global leader in the technical textile sector will soon be a reality,” State Industries minister TRB Rajaa said in a social media post. “Tamil Nadu is already India’s top textiles exporter, and now we are only going to get bigger and better,” he said. In March 2023, India’s first PM Mega Integrated Textile Regions and Apparel (PM MITRA) parks for the textile industry was announced in Tamil Nadu’s Virudhunagar district. Tamil Nadu Chief Minister MK Stalin and Union Textiles Minister Piyush Goyal jointly launched the park with an MoU signed between the State and the Centre. To promote technical textile in Tamil Nadu, the State government in May this year announced the implementation of the Tamil Nadu Technical Textile Mission to encourage investment in this sector. A fund of ₹15 crore was provided for this initiative.
Spanning five years (2025-2030), this flagship initiative is designed to drive sustained economic growth, industrial innovation, and technological advancement across the textile sector. Thanking both the Centre and the State for the approval, A Sakthivel, Vice-Chairman, Apparel Export Promotion Council (AEPC), told business line that the thrust areas of the MITRA Parks are on technical textiles and man-made fibres. The focus so far in the State has been on cotton-based textiles, he said. “These state-of-the-art parks aim to integrate the entire textile value chain by bringing all activities- spinning, weaving/ knitting, dyeing, printing, processing and garmenting under one roof, thereby cutting down logistics cost and improving cost competitiveness of the sector. These PM MITRA parks are expected to attract investment to the tune of approx ₹70,000 Crore,” Mithileshwar Thakur, Secretary General, AEPC, said.
Source: The Hindu
Free trade agreements (FTAs) with the US, UK and European Union (EU) will open new opportunities for the textiles sector in India, Minister of State for Textiles Pabitra Margherita said on Tuesday. He also said the country's textiles exports have crossed USD 34 billion, and it is aiming to reach USD 100 billion by 2030. "On the trade front, the India-UK Free Trade Agreement and our ongoing negotiations with the EU and US will open new avenues for growth.
"These are high-value, quality-conscious markets, and we are committed to equipping Indian exporters with the right strategy, standards, and compliance to seize these opportunities," he said. Inaugurating the 73rd Edition of India International Garment Fair (IIGF) here at Yashobhoomi, Margherita said the textile and apparel industry contributes 2.3 per cent to India's GDP, 13 per cent to industrial production, and 12 per cent to exports. "In 2023-24 alone, we exported textile products worth USD 34.4 billion, with apparel accounting for 42 per cent of that. We now aim to cross USD 100 billion in textile exports by 2030, and every MSME, every entrepreneur, and every exporter has a role in achieving this," Apparel Export Promotion Council (AEPC) quotes the minister as saying in a statement. AEPC is organising this three-day fair where more than 360 exhibitors from across the country and buyers from 80 countries are participating. Margherita also said it is Asia's largest garment fair, showcasing not only fabrics and fashion, but also creativity and craftsmanship. This year, buyers are coming from various countries and regions, including North America, Latin America, Europe, Asia, Oceania, Africa, and Eurasia. With over 80 per cent of India's textile sector being MSME-driven, it is important to focus on boosting productivity, ensuring steady raw material supply, and reducing import dependence to stay competitive, the minister said. Speaking on the occasion, AEPC Chairman Sudhir Sekhri said IIGF provide a platform for the Indian apparel exporters to capitalise on 'Made in India' brands. "With the right policy push, innovation, and global partnerships, this could be the decade where India emerges not just as a volume player, but a value-added global garment exports powerhouse," he said. India's garment exports are poised to touch USD 40 billion by 2030. The 12.8 per cent cumulative growth of the first two months of 2025-26 in apparel exports is a testament to this progress. "This is despite the global headwinds such as war in the Middle East, war between Russia and Ukraine, global logistical challenge, tariff uncertainty by the US and slowdown in many global markets," Sekhri said.
Source: The Economic Times
The rising demand for synthetic yarn in Asia is expected to propel the market for synthetic yarn to start a trend of rising consumption over the next ten years. With an expected compound annual growth rate (CAGR) of +1.2% from 2024 to 2035, the market is expected to fare slightly better, reaching a volume of 4 million tonnes by the end of 2035. In terms of value, the market is expected to grow at a projected compound annual growth rate (CAGR) of +1.9% between 2024 and 2035. By the end of 2035, the market is expected to be worth US $ 14.8 billion (at nominal wholesale prices). With 1.2 million tonnes, or around 35% of the overall volume, Vietnam was the nation that consumed the most synthetic yarn. In addition, Vietnam used twice as much synthetic yarn (603,000 tonnes) as India, which was the nation’s second-largest user. China ranked third in terms of total consumption (522,000 tonnes), with a 15% share. In terms of value, Vietnam led the market with US$4 billion. India came into the standings in second place with US $2 billion. Next was Turkey. With a combined 77% share of total production in 2024, China (1.4 million tonnes), Vietnam (1.3 million tonnes), and India (690,000 tonnes) produced the most. Bangladesh (180,000 tonnes), India (120,000 tonnes), Turkey (84,000 tonnes), South Korea (73,000 tonnes), and Vietnam (68,000 tonnes) were the biggest importers of yarn produced of synthetic or artificial staple fibres in 2024, accounting for 68% of total imports. China (19,000 tonnes), Thailand (19,000 tonnes), Indonesia (18,000 tonnes), Uzbekistan (20,000 tonnes), and Japan (26,000 tonnes) accounted for a relatively small share of total imports.Bangladesh is Asia’s biggest market for imported yarn derived from synthetic or artificial staple fibres, with a value of US $682 million, or 27% of all imports. India finished in second position with US $259 million, or 10% of total imports. Next in line was Turkey, with a 10% stake. China was the biggest exporter of yarn derived from synthetic or artificial staple fibres in Asia in 2024, with 849,000 tonnes exported, or about 54% of total exports. India ranks second with 208,000 tonnes, accounting for 13% of total exports, followed by Indonesia (8.7%), Vietnam (8.5%), and Turkey (7.4%). Nepal (45,000 tonnes) and Thailand (48,000 tonnes) each accomplished a 5.8% share of total exports.In terms of value, China is Asia’s top supplier of synthetic yarn, accounting for 52% of total exports (US $2.4 billion). Turkey ranked second in terms of overall exports, accounting for 14% of the total with US $642 million. India followed with a 12% stake.
Source: Apparel Resource
India’s index of industrial production (IIP) grew by 1.2 per cent year on year (YoY) in May this year, driven by a 2.6-per cent YoY growth in the manufacturing sector, according to the Ministry of Statistics and Programme Implementation. The growth was 2.7 per cent YoY in April, quick estimates by the ministry show. The quick estimate of IIP stood at 156.6 in May this year against 154.7 in the same month last year. The IIP for the manufacturing sector in May 2025 stood at 154.3. Within the manufacturing sector, 13 out of 23 industry groups at National Industrial Classification (NIC) 2 digit-level (which represents broad industry groups) have recorded a positive YoY growth in May. The indices stand at 157.9 for primary goods, 120.1 for capital goods, 168.1 for intermediate goods and 198.1 for infrastructure/construction goods for May 2025. Further, the indices for consumer durables and consumer non-durables stood at 129.3 and 150.3 respectively in the month. The indices for manufacturing of textiles and apparel were 104.1 and 126.6 respectively in May 2025, representing YoY growths of minus 2.7 per cent and 2.4 per cent.
Source: Mospi
US and India trade negotiators were pushing on Wednesday to try to land a tariff-reducing deal ahead of President Donald Trump's July 9 negotiating deadline, but disagreements over US dairy and agriculture remained unresolved, sources familiar with the talks said. The push comes as Trump announced an agreement with Vietnam that cuts US tariffs on many Vietnamese goods to 20 per cent from his previously threatened 46 per cent. Trump said that US products could enter Vietnam duty free, but details were scant. Trump threatened a 26 per cent duty on Indian goods as part of his April 2 "Liberation Day" reciprocal tariffs, which were temporarily lowered to 10 per cent to buy time for negotiations. Sources in India's commerce ministry said that a trade delegation from India was still in Washington a week after arriving for talks that started last Thursday and Friday. They may stay longer to conclude a deal, but without compromising on key agricultural and dairy issues, the sources said, adding that it was unacceptable to lower tariffs on genetically modified corn, soybeans, rice and wheat grown in the US Prime Minister Narendra Modi's government "doesn't want to be seen as surrendering the interests of farmers - a strong political group in the country," one of the sources said. However, India is open to lowering tariffs on walnuts, cranberries and other fruits, along with medical devices, autos and energy products, the source said. A US source familiar with the talks said that there were "indications that they are close" and negotiators have been told to prepare for a potential announcement. The source added that "there's been intense and constructive effort to close a deal. I think both sides understand the strategic importance, beyond the economic importance, of closing a deal." Trump echoed those sentiments on Tuesday, telling reporters on Air Force One that he could reach a deal with India that would cut tariffs for both countries and help American companies compete in India's market of 1.4 billion consumers. At the same time, Trump cast doubt on a potential deal with Japan, saying he may impose a tariff of 30 per cent or 35 per cent on Japanese goods, well above the 24 per cent duty rate he announced on April 2. Japan is seeking to lower separate 25 per cent automotive and steel tariffs that Trump imposed. Spokespersons for the US Trade Representative's office, the Commerce Department and the US Treasury did not respond to request for comment on the state of trade negotiations with India and other countries. A spokesperson for India's embassy in Washington did not respond immediately to a request for comment.
Source: Business Standard
China's textile and apparel producers are making more efforts to cut carbon emissions, and technologies such as intelligent manufacturing, biomanufacturing and 3D printing are helping them to further accelerate the sector's green transformation. As a core hub for global textile and clothing production and consumption, China's processing of textile fibers accounts for over 50 percent of the global total, said the China Textile Information Center (CTIC). The country's textile sector's carbon emission intensity, which is measured by a company's carbon emissions volume divided by its sales revenue, declined by over 60 percent during the 2005-22 period. In the past two years, the carbon emissions intensity of leading domestic enterprises further dropped by 14 percent, said the China National Textile and Apparel Council. "China's textile sector is accelerating the formation of new quality productive forces around the new positioning of technology, fashion, green and health," said Sun Ruizhe, president of the council. "We should give full play to leading textile enterprises' role in carbon emissions reduction and strengthen technological innovation in key areas such as using green fibers, promoting waterless or reduced-water printing and dyeing, as well as the recycling of waste textiles." Sun said China should further integrate itself into global green development, strengthen cooperation with markets involved in the Belt and Road Initiative by sharing green technologies and jointly building green standards, and promoting mutual recognition of key indicators. Globally, carbon emissions from the textile sector account for 0.6 percent of total carbon emissions, said the International Energy Agency. "Accurate climate prediction is crucial for the design, production, sales and other aspects of the apparel sector. Quantitative prediction can help enterprises make adjustments in advance based on their previous business experiences," said Chao Qingchen, director of the National Climate Center. As China aims to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060, Bosideng Group, a major domestic down jacket firm, said the dual-carbon goals provide historical opportunities for the textile industry to further upgrade, and consumers have indicated a growing demand for sustainable fashion products. The company has continuously optimized the efficiency of its energy usage, expanded the application rate of renewable electricity, and supported public ecological projects. It also requires suppliers to reduce the use of harmful substances. "Bosideng deeply feels the responsibility and always integrates the concept of sustainable development throughout the entire process of our operation. Sustainable growth has become a widely recognized global consensus," said Gao Dekang, chairman and CEO of Bosideng. Meanwhile, the ratio of China's small and medium-sized enterprises engaged in the textile sector is significantly higher than in the overall manufacturing sector. Currently, there are 690 specialized, innovative and "little giant" textile enterprises in China. "Little giant" companies refer to specialized SMEs that produce unique goods and services. In a strategic move to accelerate the textile sector's digital transparency, the 2025 digital product passport whitepaper for China's textile sector was launched in late June by the CTIC, and GS1 China — an affiliate of the State Administration for Market Regulation. The whitepaper established China's first integrated digital product passport framework and positioned digital transparency as the cornerstone of sustainable transformation across the lifecycle of a product.
Source: China Daily
Egypt has attracted nearly $70 million in new investments from Chinese companies in the garment and textile sectors—key areas targeted in IMF-recommended reforms aimed at boosting the economy and reducing fiscal deficits. Following discussions with Chinese business leaders in Shanghai, Egypt’s minister of investment and foreign trade, Hassan El-Khatib, announced that two companies have committed to establishing new factories within Egypt’s free zones. Zhejiang Holding informed the minister of its plans to invest $20 million in garment and textile ventures in Egypt, with a goal of increasing its total investment to $50 million over the next five years, according to Egyptian media reports.
Jiangsu Haite Fashion Company, a Chinese firm, has unveiled plans to invest around $20 million to establish a new garment manufacturing facility in Egypt. The factory will be strategically positioned to serve European and US markets, taking advantage of Egypt’s network of free trade agreements. This development follows a visit by a major Chinese textile industry delegation to Egypt, organised by the ministry of investment and foreign trade. The visit was part of Cairo’s broader initiative to attract foreign investment into the country’s textile and apparel sector.
Source: Fibre2fashion
