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Industry Outlook

Current Magazine

Published on: Friday, 17 July 2026
Current Magazine

July Edition

The global textile industry is rapidly evolving beyond traditional apparel, with technical textiles emerging as a key driver of industrial innovation. Monofilament yarn manufactur¬ers and technical textile companies are playing a crucial role in supporting sectors such as pharmaceuticals, chemicals, mining, automotive, food processing, and infrastructure through high-performance, precision-engineered materials. As industries increasingly focus on op¬erational efficiency and sustainability, demand for customized technical textile solutions continues to rise. According to Grand View Research, the global technical textile market is expected to surpass USD 330 billion by the end of the decade, while Invest India estimates the Indian market is growing at nearly 10 percent CAGR, driven by rapid industrialization and advanced manufacturing initiatives. Amid this evolving industrial landscape, Apex Advanced Textiles has emerged as a specialized manufacturer delivering advanced technical textile and filtration solutions across diverse industries. Strategically located in North India, the company has built a strong reputation through its integrated in-house manufacturing capabilities, technology-driven production systems, and customer-centric approach. ...Read more ▶
 

Latest Policies & Schemes

Gujarat Lands Mega Shipbuilding Project With Global Ambitions

Gujarat Lands Mega Shipbuilding Project With Global Ambitions

India has taken a major step to strengthen its maritime sector as Gujarat lands a mega shipbuilding project with global ambitions. The Centre has approved the project under the Greenfield Shipbuilding Development Scheme. .... Read more ▶
India Bets Big on Semiconductors with Rs 1.27 Lakh Crore Plan

India Bets Big on Semiconductors with Rs 1.27 Lakh Crore Plan

India has taken another major step to strengthen its India semiconductor mission. The Union Cabinet has approved Semiconductor Mission Phase 2 with an outlay of Rs 1.27 lakh crore. .... Read more ▶
Massive Rs 62,500 Crore Push to Make India a Global Phone Factory

Massive Rs 62,500 Crore Push to Make India a Global Phone Factory

The Phone Manufacturing sector in India is set for a major boost. The Union Cabinet has approved a Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS)..... Read more ▶
 

Experts Talk

India's Shipbuilding Expansion: Strengthening Global Presence

India's Shipbuilding Expansion: Strengthening Global Presence

Rear Admiral V K Saxena, IN (Retd), CEO, Swan Defence and Heavy Industries Limited (SDHI) Read more ▶
Energy-Efficient Refrigeration for Sustainable Cold Chains

Energy-Efficient Refrigeration for Sustainable Cold Chains

Jagadish Keswani, President - India, Middle East and Africa, Copeland Read more ▶
 

Funding and M&As

1.8B Acquisition Lifts Birla in Renewable Energy Sector

1.8B Acquisition Lifts Birla in Renewable Energy Sector

The Indian renewable energy sector is undergoing a significant consolidation with the USD 1.8 billion sale of Sprng Energy by the Shell Group to the Aditya Birla Group. Read more ▶
Why Every Cement Major Wants a Bigger South India Footprint

Why Every Cement Major Wants a Bigger South India Footprint

South India has become a preferred destination for cement manufacturers looking to expand capacity and secure long-term growth.  Read more ▶
 

Editor’s Room

Is E20 Fuel Ruining Your Engine? Mileage Drops & Compatibility Risks

Is E20 Fuel Ruining Your Engine? Mileage Drops & Compatibility Risks

E20 fuel is now the default petrol at Indian pumps, and it has split opinion sharply. This ethanol-petrol blend contains 20% ethanol and 80% petrol. Read more ▶
Top Government Schemes for Manufacturing Startups in India 2026

Top Government Schemes for Manufacturing Startups in India 2026

In 2026, India's manufacturing sector is undergoing a transition phase, with government programs like Make in India and Atmanirbhar Bharat, alongside the government’s target of building a $1 trillion manufacturing industry by 2030.  Read more ▶
 

Industry News 30s Wrap

New Airship Project Powers India's Defense Modernization

New Airship Project Powers India's Defense Modernization

India has launched a new initiative to accelerate defense modernization through advanced aerial surveillance systems. ... Read more ▶
Siemens Energy Scales Up with Heavy Capital Investments Plan

Siemens Energy Scales Up with Heavy Capital Investments Plan

The expansion of industrial portfolios through heavy capital investments is becoming a defining trend among global energy companies, including the recent expansion of Siemens Energy India. ... Read more ▶
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