INSIGHTS India's Department of Commerce is identifying 100 products that are imported in large quantities but can be manufactured within India, thereby either reducing their imports or completely replacing imports with indigenous products, Commerce Secretary Sunil Barthwal has said. The list will be out in the public domain by October. It will include items across engineering goods, chemicals and plastics. As a move towards self-reliance, India’s Department of Commerce is identifying 100

INSIGHTS India's carpet industry, severely impacted by 50 per cent US tariffs, is hoping the renewed India-US trade negotiations make a breakthrough soon. The US market accounts for approximately 60 per cent of India's carpet exports, supporting the livelihoods of more than 2 million people nationwide. With US orders on hold due to tariffs, carpet makers fear losing market share to competitors. The 50 per cent tariffs imposed by US President Donald Trump on Indian imports have impacted not onl

Recently, Brazil's cotton market has been under sustained pressure, with prices dropping to multi-year lows, attracting widespread attention from the industry. According to monitoring data, domestic cotton prices and export parity in Brazil have fallen to their lowest levels since December 2020, and there is no obvious sign of improvement in the weak trend. As of mid-September, the harvesting of Brazil's 2024/25 cotton crop is nearly completed. Statistics from the Brazilian Cotton Growers Asso

Recently, the international cotton market has fallen into an unusual state of calm, with price fluctuations continuing to narrow, which has attracted widespread attention from the industry. The latest analysis by Robert Antoshak, an American industry expert, points out that the current cotton price is in a crucial brewing stage, and a breakthrough may be imminent. Is this judgment valid? What are the key factors that will drive price changes in the future? At present, the international cotton

A report from the Boston Consulting Group (BCG) reveals that Europe's textile waste collection and sorting infrastructure is under severe pressure. It points out that some major players are ceasing operations or going bankrupt, thereby triggering a system breakdown. The primary cause is a funding gap: the fees paid by ecological organizations and public authorities for each ton of waste collected are insufficient to cover operational costs. According to a recently released report by BCG, t

INSIGHTS The recently-announced import taxes by Mexico on over 1,400 products from Asian nations will be as high as 50 per cent and are aimed at countering the effects of US tariffs on some products from Mexico, President Claudia Sheinbaum has said. The plan will affect 8.6 per cent of all imports, and will protect 325,000 industrial and manufacturing jobs that were at risk. Textiles will see 10-50 per cent levies. The recently-announced import taxes by Mexico on over 1,400 products from China

Insights Intimiti Australia, developer of Celys—the world's first certified compostable polyester—has won the Innovate P2X 2025 grant from NSW's Decarbonisation Hub. In partnership with Macquarie University, it will transform end-of-life clothing into Sustainable Aviation Fuel, tackling Australia's low 2 per cent textile recycling rate and advancing circularity in textiles and clean energy. Intimiti Australia Pty Ltd, developer of Celys, the world’s first certified composta

Insights Europe's collection of textile waste and sorting infrastructure is under critical strain, according to a Boston Consulting Group report. Several major players are halting operations or going bankrupt, triggering a breakdown in the system, it noted. The main reason is a funding gap: eco-organisations and public authorities are not paying enough per tonne collected to cover operational costs. The backbone of Europe’s textile waste management system, its collection and sorting inf

Insights Indian home textile manufacturers are bracing for a 5-10-per cent revenue drop and reduced operating profitability due to the new US tariffs, Crisil Ratings said. The sub-sector will see lower cash accruals and weakening credit metrics this fiscal. Factors softening the blow would be sales frontloading in April-August; limited capacities of competitors; and likely diversification of Indian manufacturers. Indian home textile manufacturers are bracing for a 5-10-per cent drop in revenu

Insights US container imports reached 2.52 million TEUs in August 2025, up 1.6 per cent year-on-year but down 3.9 per cent from July. Imports from China fell 10.8 per cent annually. Despite elevated volumes, port delays remained minimal. Descartes Systems Group reports strong demand amid geopolitical tensions and tariff uncertainty, with 2025 volumes tracking 3.3 per cent above 2024. In August 2025, US container imports totalled 2.52 million TEUs, down 3.9 per cent from July but 1.6 per cent