AGP Executive Report
Last update: 4 hours agoTextile Innovation Grants: CEMATEX picked 20 early-stage start-ups from nine countries for its Start-Up Grant, with full funding to showcase sustainability and circularity tech at Start-Up Valley during ITMA 2027 in Hanover, spanning colourants & chemicals, fibres/yarns/fabrics, garment making, recycling, software & automation, and testing. Circular Materials in Action: Maidstone Borough Council trialed a lower-carbon pothole repair using recycled clothing-based material from Recool, with monitoring planned before any wider rollout. Policy & Funding Push: India reported Rs 36,754 crore disbursed under Production Linked Incentive schemes since 2020, including Rs 386 crore for textiles, alongside Rs 1,400 crore released in the current fiscal year to June 30. Supply Chain & Compliance Pressure: Reuters reported Vietnamese garment makers tied to sanctioned Chinese cotton firm Esquel exported at least $5m to the US since the 2024 blacklist, raising forced-labour scrutiny. Leadership Moves in Recycled Cotton: Recover named Enes Adak and Fehmi Yüksel as Co-CEOs to scale recycled cotton and circular materials via deeper value-chain partnerships.
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