#Associations

2022-10-13

Grasim Industries Ltd. (India) joins ITMF as Corporate Member

Grasim Industries Limited, a flagship company of the Aditya Birla Group, ranks amongst the top publicly listed companies in India. Incorporated in 1947, it started as a textile manufacturer. Today, it has evolved into a leading diversified player.

It is a leading global producer of Viscose Staple Fibre (VSF) and Viscose Filament Yarn (VFY), the largest chlor-alkali, advanced material, linen yarn, and fabrics producer in India.

The ITMF founded in 1904 is the international forum of the global textile value chain from fiber to finished products. Its members are from textile and apparel-producing countries representing approximately 90% of global production.

“By joining ITMF, Grasim Industries Ltd. will join associations and companies from different companies from around the world that are active in the entire textile value chain like fibre, textile, garment, home textile, textile machinery or chemical producers as well as other organisations and companies affiliated with the textile industry. Such an exclusive exposure to such companies will provide additional insights and a unique access to international network. On the other hand, ITMF and all ITMF members will benefit from Grasim’s extraordinary expertise and experience. The mission of ITMF is to bring together like-minded people on ITMF’s platform for a better understanding of the dynamics of global trends and for sharing best practices. The ITMF Annual Conference 2022 which took place in Davos, Switzerland, proved this once again”, stated Dr. Christian Schindler, Director General of ITMF.

Mr H.K Agarwal, Managing Director of Grasim Industries Ltd, said that: “Today, increasingly, businesses will need to go beyond the ordinary and serve as catalysts for driving system level change to build solutions that meet the exacting demands of the emerging world. This requires us to work closely with our partners and co create smart solutions that meet these demands. The ITMF offers a brilliant eco system consisting of industry leaders, experts and key stakeholders from the global textile industry. This partnership enables Grasim to engage with and benefit from a valuable platform that brings together members constituting the entire value chain in Textiles from across the world. Grasim looks forward to actively participating in ITMF activities.”

Business situation weakens slightly, but the industry stays cautiously optimistic

The International Textile Manufacturers Federation (ITMF) has published the results of its 39th Global Textile Industry Survey (GTIS), conducted from 14 to 22 July 2026 among companies along the entire global textile value chain. Worldwide, 10% of participants rated their business situation as good, 53% as satisfactory and 37% as bad — a balance of -26pp, down from -17pp in May but still well above the 2023 lows. All regions are now in negative territory, from South Asia at -3pp to North & Central America at -58pp.

Meadow Grove Research joins ITMF as Corporate Member

Meadow Grove Research is a commodity research firm specializing in supply, demand, and trade analysis in cotton and other soft commodities. Providing clarity to the complex nature of the global fiber supply chain is one of its most formidable services. The firm thrives on customer engagement and providing the best framework for critical decisions.

Results of the 38th ITMF Global Textile Industry Survey

The global textile industry appears to be turning a corner, but this is more likely a fragile and possibly temporary improvement than the start of a durable recovery. According to the 38th ITMF Global Textile Industry Survey, conducted worldwide during the second half of May 2026, business sentiment, order intake, order backlogs and capacity utilization all improved versus March — yet every indicator remains weak by historical standards, and rising costs cast doubt on how long the upturn can last.

European textile industry calls for €10 handling fee on ultra-fast-fashion imports

The introduction of the €3 customs duty on low-value imports marks an important milestone in Europe’s efforts to address the challenges created by the rapid growth of ultra-fast-fashion imports. Together with the abolition of the €150 customs duty exemption, it demonstrates that policymakers are willing to act when market distortions become impossible to ignore. However, the European textile and clothing industry considers this a first step rather than the final destination.

Italian textile machinery orders show quarterly recovery in Q2 2026

In the period between April and June 2026, order intake for Italian textile machinery manufacturers showed mixed but encouraging signals for the second half of the year. The order index at constant prices stood at 46.6 points (taking 2021=100 as the base year), showing a slight decrease of 3% compared to the same quarter of 2025. This trend was largely due to the contraction recorded in the domestic market, which fell by 25% compared to the corresponding period of the previous year.

Texhibition Istanbul to bring together more than 500 exhibitors for 10th edition

The 10th edition of Texhibition Istanbul Fabric and Textile Accessories Fair will take place from 9 to 11 September 2026 at Istanbul Expo Center. More than 500 exhibiting companies across five halls and 42,850 square metres will present new-season collections, materials and technologies, bringing together Türkiye’s textile production strength with an increasingly international sourcing community.

Greater efficiency for tomorrow’s textile industry

From September 24 to 27, 2026, Barmag, together with BB Engineering (BBE), will present innovative solutions for the efficient and sustainable production of synthetic yarns at the Egy Stitch & Tex Expo in Cairo, Egypt. Under the motto “A New Era. Powered by Innovation.,” experts from Barmag and BBE will present technologies spanning the entire textile value chain — from melt to yarn — at the ATAG Ltd. booth (Hall 1, Booth C1).

Asia's premier fashion event CENTRESTAGE officially has kicked off

Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Hong Kong Special Administrative Region (HKSAR) Government, CENTRESTAGE, Asia’s annual premier fashion event and a flagship programme of the third edition of Hong Kong Fashion Fest, officially opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). Running for four consecutive days until 5 September, the exhibition is open free of charge to both industry buyers and the public, and invites all to immerse themselves in the unique allure of Asia's fashion capital.

Global cotton production projected to outpace consumption, but risks remain

Global cotton production is projected to reach 26.2 million tonnes in the 2026/27 season, marginally outpacing estimated consumption of 25.9 million tonnes. However, early-season production risks — including weather volatility and pest pressures — could narrow that buffer as the crop progresses, according to the September 2026 issue of Cotton This Month, published by the International Cotton Advisory Committee (ICAC).