Financial Results

Q3FY’24 Operational Revenue At Grasim Industries Grows 11.61%

Textile Insights February 10, 2024

Revenue from operations was up 11.61 percent year on year to Rs 31,965.48 crore at Grasim Industries during the third fiscal quarter ended December 31, 2023. Total income amounted to Rs 32,221.97 crore, up 1.93 percent in the quarter under review, while total expenses stood at 28,749.44 crore.

Technical Textile & Nonwoven

Technical Absorbents Exhibiting At VIATT Fair In HCM City

Textile Insights February 10, 2024

Technical Absorbents, a producer of absorbent fibres, yarns and fabrics is heading to Vietnam and will exhibit at Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT). The UK headquartered company will exhibit in hall A, stall no. L-18 at the exhibition, which is taking place in HCM City from February 28 to […]

Home Textiles

Bangladeshi Home Textile Exports Starting To Lose Lustre

Textile Insights February 10, 2024

Bangladeshi home textile exports have started losing luster since fiscal 2022-23 when they declined 32.47 percent over fiscal 2021-22, which had grown even in the Covid-19 pandemic years The country’s home textile overseas shipments crossed the psychological US $1-billion mark in fiscal 2020-21, thereby recording a staggering growth of 49.17 percent over the earlier

Event

500 Exhibitors From 11 Countries Exhibiting At Yarn Expo 2024

Textile Insights February 10, 2024

Taking place from March 6-8, 2024 at the National Exhibition and Convention Center in Shanghai, Yarn Expo 2024 fair will see over 500 exhibitors from 11 countries, including 124 in cotton category alone. At the spring show, cotton yarn exhibitors from China, India, and beyond are gearing up to meet strong international and domestic demand, […]

Economy

Trident Exhibits At Market Week With Theme Of ‘Passage To India’

Textile Insights February 9, 2024

Trident Group displayed its bed and bath home textile collections under the theme ‘Passage to India’ at the ongoing Market Week in New York, USA. Inspired by the rich heritage and culture of India, this collection is a specially curated platter of distinctively unique and alluring designs comprising the best of both worlds, bed & […]

Cotton

US Cotton Trust Protocol Represents 23% Of US Cotton Acreage

Textile Insights February 9, 2024

The U.S. Cotton Trust Protocol said it has tripled its grower membership in just three years, whose 1.7 million acres now represent almost a quarter or 23 percent of the entire US cotton-growing area. “And while it has expanded enrolled planted acres exponentially, the program continues to drive progress across its six metrics,” US Cotton […]

Fibre

Lenzing In CDP’s ‘A’ List, Confirms Sustainability Leadership

Textile Insights February 9, 2024

The Lenzing Group has again been recognised for performance on climate change, forests and water security by global environmental non-profit CDP, securing a place on its annual ‘A List’ for third time. Based on data reported through CDP’s 2023 Climate Change, Forests and Water Security questionnaires, Lenzing is one of the only 10 companies that […]

Machinery

ITAMMA Webinar On Development Of Capital Goods Sector

Textile Insights February 9, 2024

ITAMMA organised its fifth webinar for the development of capital goods sector of textile industry with the funding support of Ministry of Heavy Industry on January 29, 2024 Anil Yadav, Technical, Marketing & Development at Moksha Thermoplastics provided insights into the company, established in 1954 and is into rolling bobbins, yarn dyeing products, simplex bobbins,

Event

Global Brands H&M & Target Exhibiting At Bharat Tex 2024

Textile Insights February 9, 2024

Foreign companies and brands like H&M, Target, CIEL Group from Mauritius, Busana Group from Indonesia, Chargeurs PPC from France and Hyosung will participate at upcoming Bharat Tex 2024. Perennials and Sutherland LLC, and Coats Group from the UK are also among the other foreign companies participating among the 3,000 exhibitors who have confirmed participation at […]

Cotton

Better Cotton Promotes Gender Inclusion With Women’s Workshop

Textile Insights February 9, 2024

In January, Better Cotton India organised its first ever residential leadership workshop for female field staff, with the aim of assessing gender influence and leadership, and examining how the organisation can enhance the overall experience of women in Better Cotton projects. They delved into topics like sociogramming (mapping the relationships within a group); the