AGP Executive Report
Last update: 2 hours agoCotton Duty Pressure Hits Peak: India’s textile belt is pushing hard for cotton import duty cuts to zero as prices surge—Tamil Nadu CM C. Joseph Vijay warned Modi that the 11% duty is worsening a raw-material crisis and threatening jobs. Recycling Momentum: The inaugural Textiles Recycling Expo USA wrapped in Charlotte with 1,858 visitors, 95 exhibitors and strong focus on textile-to-textile recycling and circular solutions. Craft & Culture in the Spotlight: A Philippine indigenous textiles exhibit, “INabel: Living Threads,” is set to open in Carson on May 22, while North Yorkshire’s Open Studios crowned Fiona Robertson’s stitched “Ashness Bridge” as People’s Choice. Fashion Resilience Talk: Copenhagen’s Global Fashion Summit (May 5–7) urged brands to invest in circular infrastructure and product integrity, with new initiatives unveiled. Industry Numbers: Pearl Global Industries reported record FY26 revenue of ₹5,025 crore, up 11.5% YoY, driven by volume and higher value-added products.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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