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The Indian rupee lower 23 paise to close at 92.63 per dollar on Wednesday, compared to its opening price of 92.40 in the morning.At close, the Sensex was up 633.29 points or 0.83 percent at 76,704.13, and the Nifty was up 196.65 points or 0.83 percent at 23,777.80. About 3045 shares advanced, 1073 shares declined, and 128 shares unchanged.read more :- Result of war: Increase in cotton yarn demand

War fallout: Demand for cotton yarn picks up from ChinaDemand for Indian cotton yarn has picked up from countries such as China, Bangladesh and Vietnam among following the disruption in global logistics after the break-out of war in West Asia.“There is a very good demand for cotton yarn from China. Due the disruption in the global supply chain, whatever cotton the Chinese buyers may have bought may not reach in time. So instead of buying cotton, they are buying cotton yarn from India to meet their immediate requirement,” said Vinay N Kotak, President, Cotton Association of India (CAI).Kotak said the cotton imports are affected because of this disruption in supply chain. The freight rates have gone up and also the prices have moved up. Also, the transit time has increase substantially – may be by at least 10-15 days, he said.To ease the cotton supply situation, China has increased the quota for imports compared to last year. On Monday, the National Development and Reform Commission (NDRC) of China has issued 3 lakh tonne of cotton sliding-scale duty quota to ease the current tight cotton supply situation. This year the quota is higher by 1 lakh tonne when compared with 2025.Ramanuj Das Boob, a sourcing agent in Raichur said the demand for yarn is good from China and also from countries such as Bangladesh and Vietnam. Yarn prices have improved by ₹10-15 per kg on rising demand.Further, the domestic prices are also seen improving on firming demand and tracking the global market. Cotton Futures on ICE are hovering around 68.78 cents per pound, an increase of 13 per cent over the past two weeks.In the domestic market, the Cotton Corporation of India (CCI), currently the largest stock holder, has increased the prices by a total ₹1,200 per candy in last two days.“There is a good demand for cotton due to better yarn prices,” Boob said.Taking into account the emerging developments in the markets, CAI has revised upwards the domestic off-take of cotton by 10 lakh bales of 170 kg each to 315 lakh bales as of end-February, compared to end-January projections of 305 lakh bales.read more :- Techtextil to focus on performance clothing in 2026

Techtextil 2026 highlights growth in performance apparelTechtextil 2026 is set to spotlight the rising global demand for performance apparel textiles, driven by innovation, functionality, and sustainability. The “Performance Apparel Textiles” segment in Hall 9.0 will host around 130 exhibitors from 13 countries, showcasing advanced materials for workwear, protective clothing, sportswear, outdoor gear, and smart fashion applications.A major attraction of the event will be the live demonstration segment, “Performance Apparels on Stage,” where next-generation wearable technologies will be displayed in real-life scenarios. These demonstrations will highlight how modern textiles can provide protection, regulate temperature, improve comfort, and integrate smart features such as sensing and lighting systems.The focus on functional textiles is growing, especially for extreme environments, offering enhanced durability, cooling properties, and safety features. This is opening new opportunities for brands to differentiate their products by combining performance with sustainability and user comfort. The event also serves as a key networking platform for professionals involved in sourcing, design, and product development to explore innovations and build partnerships.An expert jury has selected several standout innovations that emphasize a holistic approach to sustainability, including durability, repairability, and wearer comfort. Exhibits will include UV-protective fabrics, flame-resistant materials, circular textiles, and thermoregulating garments, reflecting rapid technological progress in the sector.Key innovations include recyclable and stretchable workwear fabrics, lightweight protective suits for harsh conditions, chemical-free UV-protection textiles, and knit-to-shape garments with integrated lighting. Additional developments focus on thermal management systems, recycled multi-risk protective fabrics, and fibre technologies that help maintain a stable microclimate.Alongside Techtextil, Texprocess (Hall 8.0) will complement the exhibition by showcasing textile manufacturing technologies, demonstrating how AI and automation are enabling efficient scaling of innovations from concept to industrial production, bridging the gap between material development and real-world manufacturing.read more :- ATEXCON 2026 in Hyderabad hosted by CITI

CITI, Telangana to host ATEXCON 2026 in Hyderabad, IndiaThe Confederation of Indian Textile Industry (CITI), in partnership with the Government of Telangana, will host the 13th Asian Textile Conference (ATEXCON) on April 2–3, 2026, in Hyderabad. Themed “Reimagining the Future of Global Textiles,” the event will run alongside the Telangana Textile Dialogue, bringing together global industry leaders, policymakers, and stakeholders.ATEXCON 2026 aims to serve as a strategic platform to shape the next decade of the textiles and apparel industry. According to CITI Chairman Ashwin Chandran, the conference will go beyond discussions, focusing on actionable strategies to strengthen the sector amid global uncertainty and rapid transformation.The conference will center on three major pillars: fibres and fabrics, manufacturing and supply chains, and markets and trade. Discussions will explore scalable innovations such as bio-fibres, manmade fibres, and traceability, alongside advancements in AI-driven manufacturing, automation, and circularity, as well as strategies to tap into emerging consumer markets.Key highlights include a Ministerial Dinner to foster dialogue between policymakers and industry leaders, Lifetime Achievement Awards to honor contributions to the textile sector, and a Startup Pitch and Networking Gala. The startup platform will spotlight innovations in materials, recycling, AI, logistics, and supply chain technologies.Delegates will also have the opportunity to visit the PM MITRA Park in Warangal, offering insights into India’s evolving textile manufacturing ecosystem. This initiative reflects the country’s push toward integrated, large-scale textile infrastructure.The Telangana Textile Dialogue, held in parallel, will focus on building a future-ready textile ecosystem driven by sustainability, technology, and global collaboration. With discussions spanning policy, investment, innovation, and skill development, the event aligns with India’s broader ambition to grow its textile and apparel industry to $350 billion by 2030 while strengthening its role as a major economic and employment driver.read more :- The rupee opened 2 paise lower at 92.40.

Rupee Opens 2 Paise lower at 92.40/USDThe Indian Rupee opened 2 paise lower  at 92.40 against the dollar on Wednesday, compared to its Tuesday closing level of 92.38.READ MORE :- Rupee higher 01 paise to close at 92.38 per dollar   

The Indian rupee higher 01 paise to close at 92.38  per dollar on Tuesday, compared to 92.39 in the morning.At close, the Sensex was up 567.99 points or 0.75 percent at 76,070.84, and the Nifty was up 172.35 points or 0.74 percent at 23,581.15. About 2252 shares advanced, 1820 shares declined, and 138 shares unchanged.read more :- Crisis in cotton procurement: Increasing difficulties faced by farmers

Cotton Procurement Crisis Deepens, Farmers Demand Extension of CCI Purchase DeadlineThe ongoing challenges in cotton procurement across Maharashtra are intensifying, leaving farmers in a state of growing uncertainty. There is a strong demand that the Cotton Corporation of India (CCI) should keep procurement centres open until the end of April and ensure that all farmers—whether registered or unable to secure slot bookings—are allowed to sell their produce.While Agriculture Minister Dattatreya Bharne stated in the state assembly that the agricultural sector remains stable, the ground reality in the Vidarbha region tells a different story. In Yavatmal district alone, over 40,000 farmers are still waiting to complete registration for cotton sales, highlighting the scale of the issue across the state.This year’s Kharif season has been particularly difficult for cotton growers due to prolonged and heavy monsoon rains. Early harvests were damaged as cotton got wet, leading to quality deterioration. In addition, delayed picking and a shortage of labour have significantly increased production costs, forcing farmers to pay higher wages.Although the Minimum Support Price (MSP) for cotton is ₹8,110 per quintal, market prices have largely remained between ₹6,000 and ₹7,000, pushing farmers toward CCI procurement centres. However, procurement has been inconsistent this season. Centres opened late, and for the first time, registration was made mandatory through the ‘Cotton Kisan App’, creating difficulties for many farmers due to limited smartphone access and poor internet connectivity in rural areas.Even after registration, farmers faced another major hurdle—mandatory slot booking for selling cotton. Many were unable to secure slots due to limited availability, raising concerns about whether their produce would be procured at all.Farmers initially expected procurement to continue until the end of March, as in previous years. However, after the February 28 deadline, CCI extended procurement only until March 15. Due to delays and holidays, actual procurement activity lasted only a few days at several centres.Recognising the severity of the situation, Maharashtra Chief Minister Devendra Fadnavis has written to Union Textiles Minister Giriraj Singh requesting an extension of cotton procurement until April 30, 2026.Farmers are now demanding that CCI extend procurement operations until the end of April and include all affected growers, especially those unable to register or book slots.Adding to their distress, many farmers had stored cotton expecting better prices. However, earlier sales by CCI at lower rates weakened market prices, offering little relief to growers. From cultivation to marketing, farmers say policy decisions have consistently added to their difficulties rather than easing them.read more :- Rupee Opens 3 Paise Higher at 92.39

Rupee Opens 3 Paise Higher at 92.39/USDThe Indian Rupee opened 3 paise higher at 92.39 against the dollar on Tuesday, whereas it had closed at 92.42 on Monday.READ MORE :- Nahar Group will invest Rs 1,500 crore in Punjab

Punjab Investors' Summit: Nahar Group to invest Rs 1,500 cr across textiles, renewables, data centrePunjab witnessed major investment commitments during the Progressive Punjab Investors' Summit 2026 in Mohali, with several industrial leaders announcing large-scale projects aimed at boosting the state's economy and employment opportunities.At the summit, Kamal Oswal, chairman of Nahar Group, announced an investment of ₹1,500 crore for modernising the company’s existing textile units, expanding renewable energy initiatives, and establishing a new data centre in Mohali. He said the summit reflected renewed confidence among investors and highlighted that Punjab is once again emerging as a strong destination for industrial investment.Oswal also noted that the state’s industrial sector had faced a slowdown in the past, with many companies exploring opportunities outside Punjab. However, he credited the leadership of Chief Minister Bhagwant Mann for restoring investor confidence and rebuilding an industry-friendly environment in the state.Several other industrialists also announced significant investments. P. J. Singh, managing director of Tynor Orthotics, revealed plans to invest ₹1,000 crore over the next three years, describing the summit as an important platform to showcase investment opportunities in the state. Similarly, Rudra Pratap, Vice Chancellor of Plaksha University, said ₹950 crore has already been committed for developing the institution and announced an additional ₹5,000 crore investment plan to strengthen innovation, education, and entrepreneurship.Industry representatives from companies such as Arisudana Industries, Sanatan Polycot, and Ganga Acrowools Ltd also expressed appreciation for the Punjab government’s support to the industrial sector. Ajay Datani of Sanatan Polycot highlighted that Punjab is becoming one of the most promising industrial destinations due to its efficient implementation and nurturing of industrial projects.Meanwhile, Ashish Kumar, managing director of Vervio India, emphasised the company’s commitment to sustainable development through its paddy straw-based compressed biogas plant in Punjab, which has a production capacity of 33 tonnes per day. He added that farmers in the state are key stakeholders in the initiative, further strengthening the link between industry and agriculture.read more :- WPI Rises to 2.13% in February Due to Rising Clothing Prices

India's WPI inflation at 2.13% in Feb amid higher textile pricesIndia’s wholesale price inflation (WPI) rose to 2.13% year-on-year in February 2026, compared to 1.81% in January, driven by higher prices of manufactured goods, food items, and textiles, according to data released by the Ministry of Commerce and Industry.The overall WPI index increased slightly to 158.2 in February from 157.8 in January, while month-on-month inflation stood at 0.25%. The rise in inflation was largely supported by price increases in manufacturing, food products, basic metals, non-food articles, and textiles.Within the manufacturing sector—the largest component of the WPI basket—the index rose 0.47% month-on-month to 148.2. Out of 22 industry groups, 16 recorded price increases, including textiles, food products, electrical equipment, and chemicals, while five saw declines.The textiles segment registered a 0.71% monthly rise, taking its index to 141.4 in February. On a yearly basis, textile inflation climbed to 3.29%, up from 2.48% in January, indicating stronger price pressures in the sector.The wearing apparel category also showed a mild increase, with prices rising 0.13% month-on-month and 2.14% year-on-year.Among broader WPI groups, primary articles inflation stood at 3.27%, while fluctuations in fuel and manufactured goods further influenced overall price movements.Overall, the data indicates that producer-level inflationary pressure is gradually building across multiple sectors, particularly textiles and manufacturing.read more :- Crisis on Barwani cotton trade due to Iran-Israel war

Iran-Israel war's impact on Barwani's cotton trade, fear of export stallingThe impact of the Iran-Israel war is now visible on the cotton trade of Barwani district of Madhya Pradesh. Increasing uncertainty in international sea routes may affect imports and exports, which has increased concerns among local traders.According to Gopal Tayal, a cotton trader from Barwani and president of the Cotton Association, India's cotton trade largely depends on international import-export. India imports long staple cotton from countries like America, Brazil and Australia.Transportation costs will increase due to sea routes being affectedGopal Tayal, local cotton trader of the district and president of the Cotton Association, said that in the current war situation, many countries including America are involved in it in some way or the other, due to which global business activities are being affected. Important sea routes near Iran, especially the Gulf of Hormuz, have become extremely sensitive.If this route is affected, ships will have to take a longer detour through Africa, which will significantly increase transportation costs and make trade expensive.Pressure may increase on cotton and textile industryIndia imports cotton in large quantities from America, while the clothes and readymade garments produced here are exported to many countries in Europe. But due to the war, instability in the markets of Europe has also increased.If exports are disrupted, finished goods may remain stuck within the country, which will increase the pressure of goods in the market and the textile industry may have to suffer huge losses.Transportation is expensive, prices of clothes increase by 30-35%Traders say transportation costs have increased due to disruption in ship movement in the Strait of Hormuz and costly war risk insurance. Due to increase in the prices of raw materials, the prices of finished clothes are also increasing by about 30-35 percent and exports have almost come to a standstill.Traders said that it is necessary to establish peace soon, so that international trade can become normal and the cotton and textile industry can be saved from losses.read more :- The rupee closed 02 paise higher at 92.42 against the dollar.