IFBEC's FBC

AltMat Secures Strategic Investment from H AND M Group, Zerodhas Rainmatter, Turbostart, and Fashion

In a landmark development for India’s sustainable materials ecosystem, AltMat, a pioneering innovator in next-generation textile fibres, has announced a major funding round with participation from H&M Group, Rainmatter by Zerodha, Turbostart, and Fashion for Good.

Second-hand clothing coalition demands transparency in UNEP textile circularity project

Chair of MCAK Teresia Wairimu Njenga and CEO Institute of Economic Affairs Kenya, Kwame Owino, during a report launch dubbed A Future Look at the Apparel and Footware Industry in Kenya (2022-2037) in May 2025

The coalition urged UNEP to suspend its draft textile circularity guidelines until its underlying research is independently verified.

In Summary

The UNEP project, funded by the European Commission, seeks to develop global guidelines to distinguish between used clothing fit for trade and textile waste.
These guidelines are expected to be tabled at the UN Environment Assembly (UNEA-7) scheduled for December 8–12, 2025, in Nairobi.

Indian textile exporters turn to Europe, offer discounts to offset US tariffs

Synopsis

Indian textile exporters are diversifying to the EU market and offering discounts to U.S. customers to counter steep tariffs. With trade talks between India and the EU in a decisive phase, exporters are upgrading facilities to meet EU standards and reduce reliance on the U.S., their largest market. Some companies face potential job losses and consider relocating production if U.S.

Birla Cellulose launches Liva Reviva M, pioneering circular fashion

Insights

Birla Cellulose has unveiled Liva Reviva M, India's first mechanically recycled cellulosic fibre made with up to 50 per cent post-consumer textile waste.
Certified by GRS and FSC, the fibre combines softness, breathability, and sustainability.
This innovation transforms waste into value, marking a major milestone in Birla Cellulose's mission to advance circular, eco-conscious fashion.

Are you sure you want to remove this information?

Are you sure that you are done uploading?