PSI 2026

Trump Tariffs Adversely Affecting US Textile Industry

In a trade environment impacted by the previous administration’s tariff strategies, the U.S. textile industry is experiencing significant repercussions,...

50% Tariff to Hit India’s Home Textile & RMG Sectors: Crisil

The recent U.S. decision to impose a 25% tariff on imports from India is projected to have a substantial...

Eastman and Huafon Chemical to Establish Local Cellulose Acetate Yarn Manufacturing Facility in China

KINGSPORT, Tennessee — Eastman (NYSE: EMN) today announced a formal strategic partnership with Huafon Chemical to establish a joint facility...

USDA Adjusts 2025-26 Global Cotton Forecast Downward

In its August 2025 World Agricultural Supply and Demand Estimates (WASDE) report, the United States Department of Agriculture (USDA)...

India Initiates New Committees for Textile Diversification

India’s Minister of Textiles, Giriraj Singh, recently announced the establishment of four industry-led committees aimed at expediting recommendations on...

2025 US Tariffs Impact Clothing Prices Significantly: TBL

According to recent projections from The Budget Lab (TBL) at Yale University, the tariffs in place for 2025 are...

India’s Gokaldas Exports Merges with BRFL Textiles Ltd

The board of directors at Gokaldas Exports Ltd (GEX), a leading garment exporter of India based in Bengaluru, has...

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