AGP Executive Report
Last update: 6 hours agoTechnical Textiles Expansion: Sanathan Textiles will double technical textiles yarn capacity at its Silvassa plant to 18,000 MTPA, with commissioning expected next month and commercial production in August. Policy Support for Innovation: India’s Ministry of Textiles has sanctioned 31 start-up projects under the GREAT scheme (Rs 15.40 crore total; Rs 13.65 crore government funding) for smart, functional, eco-friendly and medical technical textiles. Sustainability Reporting Push (Bangladesh): BGMEA and GRI signed a strategic partnership to strengthen sustainability transparency using GRI Standards under the ITSB initiative. Foreign Investment Momentum (Bangladesh): BIDA converted $400m+ from a $1.5bn pipeline into decision/implementation stages, including major garment and integrated textile projects, with expected job creation in the tens of thousands. Circularity at City Scale (India): ReFiber unveiled a Mumbai Textile Circular Economy Demonstration Project white paper at Bharat Tex 2026, reporting 2.7 tonnes collected and 275 collection orders. PFAS/Microplastics Tech: RMIT reported a new material removing over 95% of microplastics/nanoplastics and multiple pollutants in realistic wastewater testing. Market Signals (Cotton Yarn): North India cotton yarn demand improved in Ludhiana, pushing prices up as lifting and raw-material costs firmed.
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