Technical Textile & Nonwoven

Giriraj Singh Highlights Technical Textiles’ Growth At IITF 2024

Textile Insights November 19, 2024

Union Minister of Textiles Giriraj Singh inaugurated the Textile Pavilion at the India International Trade Fair (IITF) 2024, showcasing a special handloom and handicraft exhibition cum sale at Bharat Mandapam. The event, to be held from 14th to 27th November, is a significant initiative under

Financial Results

RSWM Reports Strong 24% Revenue Growth In H1 FY25

Textile Insights November 19, 2024

RSWM Ltd, a leading Indian manufacturer of synthetic, mélange, blended spun yarns, denim fabric, knitted fabric and green polyester fibres, has reported significant financial growth for the second quarter (Q2) and first half (H1) of FY25, ending on 30th September 2024. Key Financial Highlights: Q2 FY25 Revenue rose 15.7% year-on-year (YoY) to Rs 1,166 crore, […]

Financial Results

Gokaldas Exports Posts 85% Revenue Growth In Q2 FY25

Textile Insights November 19, 2024

Gokaldas Exports reported robust financial results for the second quarter of FY25, with consolidated revenue growth of 85% year-over-year (YoY), reaching Rs 941.8 crore. Consolidated profit after tax (PAT) rose by 19% YoY to Rs 28.2 crore, up from Rs 23.7 crore in Q2 FY24, reflecting the company’s continued growth momentum. For Gokaldas Exports alone, […]

Financial Results

Lenzing Group Reports Steady Growth In Q3 2024 Despite Challenges

Textile Insights November 19, 2024

The Lenzing Group, a global leader in regenerated cellulosic fibers, reported 5% year-on-year revenue growth to EUR 2 billion in the first nine months of 2024, driven by a 10.9% increase in fiber revenue. EBITDA rose by 20.3% to EUR 263.7 million, boosting the EBITDA margin to 13.5% from 11.7%. Operating earnings (EBIT) rebounded to […]

Corporates

Murugappa Group To Acquire Hubergroup For US$ 310 Million

Textile Insights November 19, 2024

Chennai-based Murugappa Group has finalized an agreement to acquire Hubergroup, a German specialty chemicals firm, for an enterprise value of US$ 310 million. The acquisition, which includes an equity infusion of US$ 150 million from Murugappa and US$ 160 million for debt refinancing, marks a strategic move to strengthen the group’s presence in the global […]

Product Launch & Innovation

KARL MAYER Unveils UV-Protective Tricot Fabric At ITMA ASIA + CITME 2024

Textile Insights November 19, 2024

KARL MAYER captivated visitors at ITMA ASIA+CITME 2024 with its innovative tricot fabric in gauge E 44, designed for sun protection clothing. Featured in a stylish outdoor jacket, the fabric combines functionality and comfort, setting new benchmarks in UV protection and wearability. The warp-knitted fabric offers a UV protection factor more than double that of […]

Machinery

Ibrahim Fibres Partners With Trützschler To Tackle Unique Fibre Processing Challenge

Textile Insights November 19, 2024

Ibrahim Fibres, a leading yarn and polyester staple fibre (PSF) manufacturer in Pakistan, operates nearly 200 Trützschler cards, the most of any company in the country. The company recently faced a unique challenge: processing long polyester and viscose fibres for luxury textiles and high-performance fabrics. Trützschler’s R&D team worked closely with Ibrahim Fibres to

Apparel, Fashion, Retail

Brands of India 2024 In Dubai: Showcasing 150+ Top Indian Apparel Makers

Textile Insights November 19, 2024

The Clothing Manufacturers Association of India (CMAI) inaugurated the 2nd edition of Brands of India on November 12, 2024, at Za’abeel Hall 4, Dubai World Trade Centre. Supported by the Ministry of Textiles, Government of India, and key industry groups like AEPC and TEXMAS, the event features over 150 leading Indian apparel brands and manufacturers. […]

Apparel, Fashion, Retail

Jaypore Celebrates Artisanal Heritage With New Store Launch In Guwahati

Textile Insights November 19, 2024

Jaypore, the ethnic wear brand from Aditya Birla Fashion and Retail Limited (ABFRL), celebrated its commitment to India’s rich artisanal traditions with the grand opening of its Guwahati store. The event showcased the perfect blend of heritage and contemporary elegance that defines Jaypore’s ethos, offering a platform to promote traditional crafts and connect with Assam’s

Event

ITMA ASIA + CITME Singapore 2025 Nears Full Capacity With 98% Booked Space

Textile Insights November 15, 2024

The upcoming ITMA ASIA + CITME exhibition, scheduled for 28-31 October 2025 at the Singapore Expo, has seen an overwhelming response, with 98% of its 60,000 square meters of exhibition space booked by the application deadline on 12 November. A total of 731 exhibitors from 32 countries have already secured space to showcase their latest […]