Now that India has fully operationalised four new pro-worker and business friendly labour codes, the Ministry of Labour and Employment plans to come up with a comprehensive employment policy that will serve as a blueprint for employment generation, according to minister handling the portfolio Mansukh Mandaviya.

He said the four new codes consolidated 29 labour laws into a simplified and contemporary framework.

Now that India has operationalised four new pro-worker and business friendly labour codes, the Ministry of Labour and Employment plans to come up with a comprehensive employment policy that will serve as a blueprint for employment generation, minister handling the portfolio Mansukh Mandaviya said.
“Labour and industry should complement each other and adapt to change for effective coordination,” he said.

“Labour and industry should complement each other and adapt to change for effective coordination,” he recently told the Confederation of Indian Industry (CII) Summit.

The government published the final rules across the four codes earlier this month, making them fully operational.

The four codes are the Code on Wages, 2019; the Industrial Relations Code, 2020; the Code on Social Security, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020. These came into effect on November 21, 2025.

Fibre2Fashion News Desk (DS)

Indian apparel company Kewal Kiran Clothing Limited (KKCL), which owns the Killer jeans brand, has reported strong financial performance for fiscal 2026 (FY26) ended March 31, with revenue from operations rising 20.9 per cent year-over-year (YoY) to ₹1,212.8 crore (~$121.28 million), supported by robust growth across brands and channels under its Vision 2028 strategy.

“We are delighted to report sustained, robust double-digit sales growth in FY26, driven by healthy momentum in both volume and value,” said Hemant Jain, joint managing director of KKCL.

The company’s EBITDA for FY26 increased 24.8 per cent YoY to ₹237.9 crore (~$23.79 million), while EBITDA margin improved to 19.6 per cent from 19 per cent in FY25, surpassing the company’s guidance. The gross profit rose 22.8 per cent to ₹511.6 crore (~$51.16 million), with gross margin improving to 42.2 per cent.

Kewal Kiran Clothing Limited (KKCL) has reported 20.9 per cent YoY revenue growth to ₹1,212.8 crore (~$121.28 million) in FY26.
EBITDA rose 24.8 per cent to ₹237.9 crore (~$23.79 million), while PAT increased 2.1 per cent to ₹152.3 crore (~$15.23 million).
The company credited Vision 2028 execution, strong distribution growth, and the Kraus Casuals acquisition for the performance.

The profit after tax (PAT) for FY26 grew 2.1 per cent to ₹152.3 crore (~$15.23 million). The company noted that FY25 PAT included one-time gains related to the sale of shares via IPO-OFS and fair value gains on shares of Baazar Style Retail Limited and adjusted underlying PAT growth was stronger on a YoY basis, KKCL said in a press release.

“These encouraging results validate that the strategic levers outlined in Vision 2028 are well-placed and are delivering results across all our brands. Execution-led operational discipline has enabled us to grow at scale while preserving profitability, resulting in a strong FY26 EBITDA margin,” added Jain.

He highlighted that Kraus Casuals delivered high double-digit sales growth with EBITDA margins exceeding 21 per cent following its acquisition. He said the acquisition strengthened KKCL’s entry into the women’s casualwear segment and proved financially accretive.

Q4 performance remains strong

Meanwhile, the company posted a revenue of ₹323.8 crore (~$32.38 million) in the fourth quarter (Q4) of FY26, up 12.4 per cent YoY. EBITDA rose 18.4 per cent to ₹61.7 crore, while PAT increased 14.2 per cent to ₹34.5 crore. Gross profit during the quarter climbed 17.5 per cent to ₹132.8 crore.

The company said its multi-pronged distribution strategy and continued investments in exclusive brand outlets (EBOs), large-format stores and brand-building initiatives supported growth across channels.

KKCL currently operates 666 exclusive brand outlets, works with over 80 distributors and has presence across more than 3,000 multi-brand outlets nationwide through brands including Killer, Integriti, Lawman, Easies, Junior Killer and Kraus.

Looking ahead, the company expressed confidence in sustaining momentum in FY27, supported by disciplined execution, expanding distribution and a healthy margin profile.

Fibre2Fashion News Desk (DS)

Intertextile Shanghai Apparel Fabrics, Autumn Edition will return from 25 – 27 August 2026 at the National Exhibition and Convention Center (Shanghai), set to reinforce its position as a leading global sourcing platform for the ever-changing apparel textile industry. Building on the success of the 2025 edition, where more than 3,700 exhibitors from 26 countries and regions welcomed over 100,000 buyers from 123 countries and regions, the upcoming fair will place special emphasis on high-growth segments – including advanced functionality, sustainability solutions, and digital transformation.

“In today’s evolving market landscape, buyers are looking for more than materials – they are looking for direction, innovation, and long-term partners,” said Ms Wilmet Shea, General Manager of Messe Frankfurt (HK) Ltd. “Intertextile Apparel continues to evolve alongside the industry, expanding its showcase to address functional performance, sustainability priorities, and emerging product categories, catering to a wide range of buyer preferences – from the traditional to the unconventional.”

Intertextile Shanghai Apparel Fabrics, Autumn Edition 2026 will be held from August 25-27 in Shanghai, focusing on functionality, sustainability and digital transformation.
The fair will feature Pet Boutique’s autumn debut, an expanded Functional Lab, climate-adaptive textiles, silver-age applications and specialised sourcing zones for the apparel value chain.

Responding to these priorities, the 2026 edition is guided by four overarching themes reflecting the industry’s most compelling opportunities. Fashion Forward inspires creative direction through curated fabric displays and the Intertextile Directions Trend Forum, offering buyers and designers early insight into upcoming seasonal trends. Performance Textiles highlights advanced functional fabrics engineered for sportswear, outdoor, and lifestyle applications, addressing growing demand for comfort, durability, and technical enhancement. Under Sustainability, exhibitors present eco-conscious materials, solutions, and innovations aligned with international standards, centred around the Econogy Hub’s variety of sustainable textiles and certifications. Meanwhile, Textile Future spotlights smart textiles, AI-driven design tools, and next-gen manufacturing technologies shaping the digital transformation of the apparel supply chain.

Pet Boutique makes its autumn debut

Among this year’s notable highlights is the Autumn Edition debut of the Pet Boutique. First introduced at this year’s Spring Edition, the dedicated showcase will expand to leverage demand at the larger autumn platform. Globally, the pet textile market is forecast to compound yearly by 5.6 per cent up to 2031, with Asia-Pacific set for the highest growth.

By bringing together relevant suppliers into a clearly defined showcase, the Pet Boutique enables buyers to efficiently explore fabrics and materials suitable for pet clothing, accessories, and related applications – an increasingly attractive segment within the broader apparel ecosystem. “Applying natural textile materials in the pet sector is still an emerging avenue. The primary role of this display area is to help the industry understand these materials and master their application methods,” said Mr Fred Wang, BD Manager for Functional Wear at Lenzing, who participated in the Spring Edition. “We aim to leverage Intertextile Apparel’s strong influence to attract more pet sector players through the Pet Boutique, while in the related Pet Forum I was honoured to discuss the applications of our natural fibres in the sector.”

Functional Lab expands with climate-adaptive textiles and more

The enhanced Functional Lab will continue to offer an integrated booth, display area, and seminar model designed to foster deeper exchange between exhibitors and sourcing professionals. At the centre of the zone, The CUBE is a high-visibility display area showcasing standout functional fabrics and accessories. New to this edition, The CUBE will introduce a Product Presentation Series, providing brands with a structured opportunity to present their latest innovations directly to an engaged audience.

Beyond its expanded presentation format, this edition’s Functional Lab will extend its spotlight to fast-emerging markets, including climate-adaptive textiles and silver-age applications, among others. Innovations in temperature and humidity regulation are driving the development of fabrics that support comfort across diverse environmental conditions, while the response to ageing demographics ushers in textiles that prioritise comfort, ease of care, lightweight performance, and everyday practicality. Together, these focus areas illustrate how functional textiles are expanding beyond traditional performance categories, opening new avenues for product development and cross-sector collaboration.

Reflecting on her experience at the last Autumn Edition, Ms Zoe Zhang, Engineer at the Hong Kong Research Institute of Textiles and Apparel (HKRITA), commented: “At the forum (Weaving the Future: Advancing Functional Textiles with Innovative Technologies), we joined forces with partners including Lenzing and Highsun to exchange our latest insights on functional textiles. The conversations continued well beyond the show floor with several domestic manufacturers reaching out to us to explore collaboration on nanomaterial applications. Intertextile Apparel is a springboard for meaningful dialogue and cross-disciplinary innovation in the intelligent and sustainable development of functional textiles.”

To enhance sourcing efficiency across the entire apparel value chain, the fair will also feature a broad offering at its other specialised zones:

• Accessories Vision: bringing together the full spectrum of trims, zippers, and finishing components essential to garment creation.
• Beyond Denim: exploring fabrics at the cutting-edge of denim innovation, sustainable finishing processes, and evolving fashion applications.
• Essential Suits & Shirts: a dedicated zone responding to the rising global demand for accessible, ready-to-wear suiting and shirting fabrics.
• Innovation & Digital Solutions Zone: presenting AI-driven tools, digital production systems, and advanced manufacturing technologies.
• Premium Wool Zone: highlighting the performance and versatility of wool, especially for its applications in top-quality suiting.
• Salon Europe: offering a curated window into the finest, high-end European fabric collections, from fashion to function.
• Verve for Design: dedicated to creative studios, trend-led patterns, and original textile design.

Aligned with the four pillars of Intertextile Apparel, these zones combine to create a comprehensive sourcing environment spanning trend-led inspiration, functional innovation, sustainability, and digital transformation.

The fair is co-organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; and the China Textile Information Center. It will take place alongside Yarn Expo Autumn, CHIC and PH Value at the National Exhibition and Convention Center (Shanghai), with the venue playing host to the entire apparel textile value chain.

Intertextile Shanghai Apparel Fabrics – Autumn Edition will be held from 25 – 27 August 2026.

Other upcoming shows:

Intertextile Shenzhen Apparel Fabrics / Yarn Expo Shenzhen
9 – 11 June 2026, Shenzhen (Futian) 

Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies
24 – 26 February 2027, Ho Chi Minh City

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (JP)