Export

Infusing $18bn To Help Bangla MMF Apparel Exports Touch $42bn

Textile Insights March 4, 2024

The Bangladesh garment industry has the potential to boost its non-cotton or manmade fibre (MMF) apparel exports to US $42 billion by 2032 at an additional investment of $18 billion. This was revealed in a study conducted by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA)

Event

100,000 Trade Visitors Attend Bharat Tex 2024. 63 MoUs Inked

Textile Insights March 4, 2024

Over 100,000 trade visitors attended Bharat Tex 2024 and 63 MoUs were inked in various fields, including entrepreneurship, skilling and sustainability. “The four-day event witnessed an overwhelming response not just from Indian, but also global players, including top brands and retailers,” an official statement said. Over 10,000 artisans, weavers, design and

Industry

Bloomtex Starts Textile Unit In J&K At Investment Of Rs 120cr

Textile Insights March 4, 2024

Bloomtex Industries has started operations of a textile unit in Kathua district in Jammu & Kashmir at an investment of Rs 120 crore, which will create employment for 350 people. The company has acquired 25 acres of land on lease at Bhagthali Industrial Estate in Kathua and has started the first phase of the project. […]

Dyes & Chemicals

CHT Showing Sustainable Textile Technologies At Performance Days

Textile Insights March 4, 2024

CHT, a manufacturer of textile chemistry and dyes will be showcasing its latest sustainable textile technologies at Performance Days Functional Fabric Fair being held in Munich. “During the fair, CHT will be emphasising both dyeing and effect chemicals designed to enhance the performance of textiles,” the German company said in a press release. CHT will […]

Machinery

Pleva Showing Advanced Technologies At Techtextil 2024

Textile Insights March 4, 2024

Manufacturer of sensors and controls for the textile industry, Pleva will showcase advanced technologies for energy-efficiency and sophisticated processes at Techtextil 2024 in hall 12, booth C41. “Making processes more cost-effective, sustainable, transparent, and above all more efficient, is exactly the aim of using sensors and controls at textile processes,” the German

Textile Park

PM MITRA Parks To Attract Large Investments & Huge Employment

Textile Insights March 4, 2024

Expeditious implementation of seven PM Mega Integrated Textile Regions and Apparel (PM MITRA) parks will help in attracting large investments besides generating huge employment. During inauguration of Bharat Tex 2024, Prime Minister Narendra Modi threw light on plans to create seven PM MITRA parks in various states and underlined the emphasis on the creation of […]

Financial Results

Andritz Reports Best Ever Financial Results In History

Textile Insights March 2, 2024

Nonwovens technology and recycling solutions manufacturer Andritz said it has reported best ever financial results in its history in 2023, when its revenue increased to €8.7 billion, up 15 percent over 2022. Net income at the German company rose to €504 million in 2023, up a massive 25 percent over its previous year and operating […]

Technical Textile & Nonwoven

Freudenberg Launches 100% Synthetic Wetlaid Nonwoven Fabric

Textile Insights March 2, 2024

Freudenberg Performance Materials has launched a new 100 percent synthetic wetlaid nonwoven product line under the brand name of Filtura and has been fully made in Germany. “The new materials can be manufactured from various types of polymer-based fibres, including ultra-fine micro-fibres,” a Freudenberg press release informed. These unique wetlaid materials from

Fibre

Unifi Targets To Recycle Equivalent Of 1.5bn T-Shirts By 2030

Textile Insights March 2, 2024

Unifi, maker of Repreve brand recycled fibres has set an ambitious textile-to-textile recycling target to transform the equivalent of 1.5 billion t-shirts worth of textile and yarn waste into new products by 2030. “Our fourth annual sustainability publication showcases UNIFI’s continuous progress and ongoing commitment to setting and exceeding new sustainability

Industry

VF Supports Reskilling Unemployed Women Garment Workers

Textile Insights March 2, 2024

VF Corp, owner of garment brands like Vans, The North Face, Timberland, etc has extended its support for a programme that helps women garment workers re-enter employment who have lost their jobs as a result of increased automation. VF has confirmed it will offer a further grant to Shimmy Technologies, a women-owned social enterprise which, […]