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Textiles Sector News & Updates - July 7, 2026



Phoenix Kothari Footwear to Invest $1 Billion in Karur, Tamil Nadu, for Adidas Manufacturing Facility
Textiles   -  Jun 24,2026
Phoenix Kothari Footwear, a JV between Kothari Industrial Corporation Ltd and Taiwan's Evervan Group, plans to invest approximately $1 billion over five years to manufacture Adidas footwear at a .


YKK India To Invest $150 Million In New Manufacturing Facility At Origins By Mahindra, Chennai
Textiles   -  Jun 19,2026
YKK India, the Indian arm of Japan's YKK Corporation, will invest $150 million to set up a new manufacturing facility at Origins by Mahindra industrial cluster in Chennai, with completion expecte .


Grasim Industries Approves ₹3,094 Crore Capex for Phase II Lyocell Capacity Expansion at Harihar, Karnataka
Textiles   -  Jun 09,2026
Grasim Industries' Board of Directors has approved a ₹3,094 crore Phase II capex to expand Lyocell fibre capacity at Harihar, Karnataka, adding 110,000 TPA across two production lines to be com .


Apple to invest Rs. 100 crore in renewable energy capacity in India
Textiles   -  May 08,2026
Apple Inc. will invest ₹100 crore in renewable energy capacity in India to support clean energy generation across its operations and supply chain. The initiative aligns with Apple’s sustainability .


Nahar Group announces Rs. 1,500 crore investments at Punjab Investors Summit
Textiles   -  Mar 16,2026
Nahar Group has announced a ₹1,500 crore investment in Punjab to modernize textile units, expand renewable energy infrastructure, and establish a new data centre in Mohali. Unveiled at the Progressi .


Karnataka issues tender for master developer of Raichur Textile Park
Textiles   -  Dec 23,2025
Karnataka has invited bids to develop a world-class integrated textile park in Raichur under a PPP model with a 30-year concession. The park will feature shared infrastructure such as CETP, container- .


PM MITRA Parks, anchored in Centre's 5F Vision, generate strong investment interest
Textiles   -  Dec 17,2025
The PM MITRA Parks scheme, aligned with the Centre’s 5F Vision, is drawing strong interest from domestic and global textile players. Designed as plug-and-play mega clusters, the parks integrate the .


Lakshmi Machine Works announces Rs. 1,050 crore investment in Tamil Nadu
Textiles   -  Nov 27,2025
Lakshmi Machine Works (LMW) will invest ₹1,050 crore in Tamil Nadu to expand textile machinery production and add new engineering facilities. The investment aims to boost exports, enhance technology .


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