AGP Executive Report
Last update: an hour agoHandloom Push in India: On National Handloom Day (Aug. 7), leaders and celebrities urged “Vocal for Local—Local to Global,” with PM Modi promoting GRWM-style social posts and state events in Telangana and Odisha spotlighting weavers, exhibitions, and weekly purchase pledges. Policy for Market Access: India amended FDI rules to boost large-scale e-commerce for handloom, textiles, footwear and other small-producer goods, aiming to widen domestic and global reach for MSMEs, artisans, farmers and fishermen. Pakistan Textile Investment Watch: Pakistan’s Privatisation Commission says it received 12 EOIs for FESCO, including interest from major textile-linked groups, while Egypt signaled interest in new Pakistani investment in textiles and other strategic manufacturing. Tech + Materials R&D: A study on wheat-derived starch with larger granules points to new uses across textiles and other industries, while Swiss lawmakers push for less polluting cigarette filters made with more biodegradable materials. Industry Momentum: India’s June industrial output rose, with textiles among the growing manufacturing segments, though analysts warn July may cool.
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