AGP Executive Report
Last update: 3 hours agoCotton & trade policy: India’s government waived customs duty on cotton imports for five months (into October), a move industry groups say should ease supply and support textile exporters. UAE circularity push: The UAE launched “Naseej,” a national initiative aimed at tackling about 220,000 tonnes of annual textile waste through coordinated policy, industry action, research and public engagement. Regional trade wins: Kenya’s exports to the US hit a record after the renewal of Agoa duty-free access, with textile and apparel firms benefiting from reduced uncertainty. Manufacturing momentum (with risks): US manufacturing expanded in May at the fastest pace in four years, with textiles among growing sectors, but analysts warned firms are front-loading orders amid supply-chain strain from the Middle East. Sustainability materials: GANNI is developing fabrics from olive scraps, worn jeans and leather waste, and is working toward digital product passports by 2028. Labor & compliance: Surat police rescued 37 child labourers from textile units, alleging work in cutting and folding. Business leadership: Mafatlal Industries named Raghunath Balakrishnan as Director (Strategy & Projects) after a long CEO tenure.
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.
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