Corporates

Page Industries Appoints Karthik Yathindra As CEO, Effective April 2025

Textile Insights January 7, 2025

Page Industries Limited, the exclusive licensee of Jockey and Speedo in India, has announced the appointment of Karthik Yathindra as its Chief Executive Officer, effective April 1, 2025. The decision was made during a Board of Directors meeting held earlier, based on recommendations from the

Corporates

Sanathan Textiles Debuts At 30.56% Premium On BSE

Textile Insights December 27, 2024

Sanathan Textiles made a strong debut on the Bombay Stock Exchange (BSE) at Rs 419.10, reflecting a 30.56% rise from its issue price of Rs 321.00. The stock is currently trading at Rs 400.90, up 24.89% from the issue price. The shares reached a high of Rs 422.65 and a low of Rs 382.85 during […]

Apparel, Fashion, Retail

VIP Clothing Launches Branded Handkerchiefs

Textile Insights December 27, 2024

VIP Clothing Ltd., a leader in the innerwear market, is proud to announce the launch of its first-ever range of branded handkerchiefs under its accessories division. This strategic move aims to transform traditionally unorganized categories into branded essentials, further strengthening VIP’s position in the market. In addition to handkerchiefs, VIP is also reinforcing its

Industry

Vietnam Sets Ambitious US$ 47-48 Bln Export Target For 2025

Textile Insights December 19, 2024

The Vietnam Textile and Apparel Association (VITAS) has set an ambitious export goal of US$ 47-48 billion for 2025, supported by strong 2024 achievements and encouraging market signals. Many businesses have already secured orders for Q1 2025 and are in negotiations for Q2. Despite stagnant global consumption of textile and garment products in 2024, Vietnam’s […]

Corporates

Küçükçalık To Expand With US$ 50M IFC Investment

Textile Insights December 19, 2024

The International Finance Corporation (IFC) has committed a US$ 50 million investment in Küçükçalık Tekstil Sanayi ve Ticaret A.Ş. (Küçükçalık), a leading home textiles manufacturer with operations in Türkiye and Egypt. The funding will support capacity expansion and sustainability initiatives. The investment includes US$ 30 million from IFC’s own account and US$ 20

Machinery

Sustainability Meets Efficiency: Transforming Textile Warehousing With Craftsman Automation

Textile Insights December 18, 2024

The increasing need for sustainable and efficient operations has become a top priority for organisations. Adopting sustainable practices—such as implementing circular economy principles, reducing waste, and minimising environmental impact—is not only an ethical responsibility but also a strategic necessity. Many green practices also increase efficiency and hence reduce

Corporates

Voltas Subsidiary UMPESL Partners With KPCL To Revolutionize Compressors In The Textile Industry

Textile Insights December 18, 2024

Universal MEP Projects & Engineering Services Limited (UMPESL), a wholly-owned subsidiary of Voltas Limited, a TATA Enterprise, and Kirloskar Pneumatic Company Limited (KPCL) have entered into a strategic agreement to deliver world-class, energy-efficient Centrifugal and Screw Compressors to India’s textile industry. Kirloskar Pneumatic Company Limited, a

Event

Breaking Barries In Speed & Efficiency – LMW Seminar At Egypt

Textile Insights December 11, 2024

LMW Fosters Industry Collaboration in Egypt LMW successfully hosted a seminar themed “Breaking Barriers in Speed & Efficiency” at Hotel Conrad, Cairo, Egypt on 3rd Dec 2024, bringing together industry leaders, academic representatives, and professionals from prominent spinning mills. The event showcased LMW’s commitment to driving innovation and fostering

Event

Driving Sustainability: NISTI-IIT Delhi Conference On Textiles

Textile Insights December 10, 2024

The much-anticipated NISTI-IIT Delhi Conference on Sustainability in Textiles is set to take place on 14th December 2024 at IIT Delhi, uniting thought leaders, researchers, and innovators. Organized by NISTI Regd in collaboration with the Department of Textile and Fibre Engineering, IIT Delhi, this flagship event is set to redefine the roadmap for sustainability in […]

Sustainability

Indian T&A Exports To Face New Sustainability-Related Regulatory Challenges In EU & US

Textile Insights December 10, 2024

The Indian T&A sector is expected to encounter multiple sustainability-related regulatory challenges from its major markets like the US and EU in the future. The European Union, for instance, has introduced the `EU Strategy for Sustainable and Circular Textiles’, which includes Extended Producer Responsibility (EPR) regulations that require brands to manage textile