India news and archive

Asics eyes India growth as consumers prioritise healthy lifestyles

The head of Asics’ India business has said the company expects significant growth in the region as a wider number of affluent consumers increasingly prioritise healthier lifestyles. Speaking to Bloomberg, Rajat Khurana, the managing director of Asics India Pvt, said he is aiming for the Japanese shoemaker to become the number one player in...

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Business

Tex-Eco Initiative: future-proofing Indian textile and garment exporters for global ESG compliance

India's Union Budget 2026-27, revealed earlier this week, outlines strategic shifts for the textile and garment industry to enhance its global supply chain role, focusing on value, sustainability and technology. The Tex-Eco Initiative was unveiled as one of the “Integrated Programme for Textiles"' pillars: It is designed to align Indian textile...

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Business

India's textile budget 2026-27: implications for global supply chains

India’s Union Budget was announced on 1st February, summarising estimated revenue and expenditure of the year 2026-27. As it maintains a strong focus on public capital expenditure to support logistics efficiency, urban development and industrial expansion, it has a far reaching effect on many sectors. FashionUnited has summarised the five key...

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Business|Opinion

How the India-EU FTA will level the playing field for the textile and apparel industry

For many garment industry insiders who have navigated the ebb and flow of global supply chains for years, witnessing the formal signing of the India-EU Free Trade Agreement (FTA) on 27th January 2026 seems like the dawn of a new era. For decades, Indian exporters felt as if one hand was tied behind their backs as they faced stiff tariffs while...

Retail

Textile sector set for major gains under new EU-India trade deal

After almost 20 years of intermittent negotiations, the free trade agreement (FTA) between the European Union (EU) and India has been finalised. On January 27, 2026, in New Delhi, European Commission president Ursula von der Leyen, president of the European Council António Costa and Indian Prime Minister Narendra Modi sealed what observers are...

Fashion

Men's fashion turns to embroidery as guys want 'something different'

Men's fashion is embracing embroidery and handcrafted textiles that were once viewed as old-fashioned or feminine, with a clutch of modern Indian brands poised to benefit from the catwalk and celeb-driven trend. Embroidery is a historic mainstay of traditional clothing in Asia or the Middle East, as well as Western Haute Couture, but it is...

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Business

Canopy outlines details of 2 billion dollar investment blueprint for decarbonization in India

Solutions-driven environmental non-profit Canopy has outlined the finer details of its new 2 billion US dollar finance platform designed to speed up the growth of low-carbon materials and transform the paper, packaging, and textile supply chains. Said to be the first of its kind, the new initiative, announced at the World Economic Forum in Davos...

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Business

Luxury: 86 percent of Indian consumers plan to increase spending over next 12 months

Nearly two thirds of Indian and Chinese consumers have spent over 20,000 euros on luxury goods in the past 24 months. Additionally, 86 percent of Indian consumers plan to further increase their spending over the next 12 months, the most significant figure among all markets analysed. The data confirms that luxury growth continues, yet drivers and...

Retail

Prada partners with Indian corporations for Kolhapuri chappal project

Luxury fashion house Prada has signed a Memorandum of Understanding (MoU) with two Indian government corporations, LIDCOM and LIDKAR, to launch the “PRADA Made in India x Inspired by Kolhapuri Chappals” project. The agreement was finalized yesterday at the Consulate General of Italy in Mumbai. The collaboration will create a limited-edition...

Retail

Desigual returns to India via Myntra partnership

Madrid – Desigual is making another attempt to penetrate the Indian market. The company, founded by Thomas Meyer, has resumed operations there through a new partnership with the Indian e-commerce platform and marketplace, Myntra. Under this agreement, the Spanish fashion multinational will once again begin selling its products in the country via...

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Luxury houses eye India, but barriers remain

The globe's biggest luxury brands have dreamt of India's vast consumer base for decades, but navigating the market has proven to be a complex task. French retailer Galeries Lafayette is the latest to try its luck, opening its first Indian store on Sunday: a sprawling five-floor outlet in Mumbai, the country's financial capital. Its splashy foray...

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Business

Inditex ups stake in Indian joint venture for Zara

Spanish fashion giant Inditex is reportedly looking to increase its stake in its Zara joint venture with Indian group Trent Limited. According to sources for Spanish media outlet Modaes, the group is set to hold a larger majority of the capital of Inditex Trent Retail India Private Limited (ITRIPL), increasing its control from its current 65...