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AGP Executive Report

Last update: 6 hours ago

Budget & exports (Pakistan): The Pakistan Textile Council backed Finance Bill 2026-27, praising income-tax slab changes, super-tax rationalisation, and—most notably—the planned abolition of super tax on exporters to cut effective burdens and ease cash flow. Monetary policy pressure (Pakistan): The Pakistan Hosiery Manufacturers & Exporters Association urged the SBP to keep rates steady at the June 15 MPC, warning higher borrowing costs would hit value-added textile competitiveness. GI for Bihar crafts: NABARD and Bihar awarded Geographical Indication tags to Nalanda’s Bawan Buti sarees, Gayaji’s Patharkatti stone craft, and Bhojpur’s Pidiya painting, aiming to protect names and boost artisan incomes. Industrial expansion (India): Karnataka’s PM MITRA textile park near Kalaburagi moved toward phase-I groundwork, while Bihar’s Gaya will host a Rs170 crore MSME technology centre foundation on June 15. Circularity & repair: India’s Samposhan ran a “Pause. Mend. Reuse.” garment-mending push, while broader textile-to-textile recycling themes kept gaining traction. Heritage & skills (UK): Oswaldtwistle Mills secured National Lottery Heritage Fund support to reopen its weaving heritage centre, including education work with local schools. Energy bottleneck (Bangladesh): Jamalpur Economic Zone investors face delays as only one of 19 firms has gas connections, forcing some to rely on costly LPG and backup power.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Wonderful Textile expands custom silk manufacturing for global brands

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Textile dyes market seen reaching $17.17 billion by 2030

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OYD Textile pitches custom sofa fabrics with 25-year focus

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Choose Your Change to debut hemp farm-to-fabric showcase in Brooklyn

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11 Best New IKEA Home Decor Finds This June Including lighting, textiles, and outdoor accents.

11 Best New IKEA Home Decor Finds This June Including lighting, textiles, and outdoor accents.


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Jun. 12, 2026

Textile Recycling Market worth $11.88 billion by 2030, at 7.2%, says MarketsandMarkets™

GlobeNewswire, Inc.

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Jun. 12, 2026

Carbonates Market Set to Reach $7.1 Billion by 2030, Driven by Rising Demand in Textile and Electrolyte Applications

EIN Presswire

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Jun. 11, 2026

Wonderful Textile: Inside the Vision of a Leading Professional Silk Products Designer and Manufacturer

EIN Presswire

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Jun. 9, 2026

Textile Dyes Market Drivers 2026-2030: Regional Outlook and Sizing Analysis

EIN Presswire

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Jun. 9, 2026

Premium Textile Quality: OYD Textile As A China High Quality Custom Sofa Fabric Factory

EIN Presswire

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Jun. 8, 2026

Choose Your Change (CYC) Presents the Farm-to-Fabric Hemp Textile & Fashion Showcase

EIN Presswire

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