The document presents an overview of the global textile and fashion industry at a time of structural transformation driven by sustainability, technology, and circularity. Valued at over USD 1.2 trillion for textiles and USD 1.7–1.9 trillion for fashion in 2025, the industry is shifting from volume-led growth toward value, resilience, and responsibility. Asia-Pacific remains the manufacturing hub, while global supply chains are increasingly regionalising to enhance stability.
Sustainable and circular fashion has emerged as a core business imperative rather than a niche trend, addressing environmental impact, ethical labour practices, and long-term viability. Growth through 2030 is expected to be steady (4–5% CAGR), led by emerging markets, bio-based materials, digital-first models, and circular systems such as recycling, resale, and reuse.
Against this backdrop, the BioTex Fashion Summit & Expo 2026, organised by the International Fashion Business Exchange Council in association with Tefla’s, is positioned as a global convergence platform. Scheduled for 13–14 March 2026 at The Leela Ambience, the event brings together policymakers, industry leaders, innovators, investors, and designers to advance bio-based textiles, circular economy solutions, responsible sourcing, and tech-enabled sustainability.
The Summit, Expo, and Awards collectively aim to accelerate India’s and the world’s transition toward a cleaner, smarter, and more resilient fashion and textile ecosystem, highlighting both the commercial opportunity and the strategic necessity of responsible growth.
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