Industry

Beximco Shutdown In Bangladesh Benefits Indian Textile Firms

Textile Insights December 9, 2024

Bangladesh’s largest textile industrial park, Beximco, has been significantly impacted as approximately 170 top textile factories, including 23 owned by Beximco itself, have been forced to shut down due to a severe liquidity crisis and difficulties in securing letters of credit (LCs) for raw

Textile Print

Keypoint Intelligence Releases Wide Format Print Forecast 2023-2028

Textile Insights December 9, 2024

Keypoint Intelligence, a leading provider of data-driven insights for the digital imaging industry, has released its latest report, Wide Format Print Forecast: 2023-2028. This comprehensive study examines the wide format printing market, highlighting key trends, technological advancements and market dynamics that will shape the industry over the next five years. The report

Special Report

The ‘Addition By Subtraction’ Principle

Textile Insights December 9, 2024

By following the principle of ‘addition by subtraction’, company managements can eliminate inefficient machines and people and also customers that drag down efficiency, observes Murugan Santhanam “Can you increase value by subtracting something?” The management coach posed a thought-provoking question. I quickly ducked behind my book, hoping to avoid being called on by the

Economy

‘India’s Continued Growth As A Hub For Flexible Staffing Is Essential To Meet Competitive Demand Of Digital Economy’

Textile Insights December 9, 2024

The Indian Staffing Federation (ISF) has released the Indian IT Staffing – Sectoral & State Employment Trends Report 2024, underscoring significant trends and projections within India’s IT flexi staffing industry.  The report provides an in-depth analysis of trends in IT staffing across various sectors and states, highlighting key advancements and

Corporates

ABFRL And GIZ Unveil Pioneering Circularity Guidelines For Textile Industry

Textile Insights December 8, 2024

Aditya Birla Fashion and Retail Ltd (ABFRL), in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), launched India’s first circularity guidelines for the textile and apparel industry at the Sankalp Bharat Summit 2024 in Varanasi. Titled “Stitching the Circle: A Roadmap for Circular Textiles & Apparel in India,” the

Cotton

AbTF And TextileGenesis To Enhance Traceability For Cotton Made In Africa

Textile Insights December 7, 2024

The Aid by Trade Foundation (AbTF) and TextileGenesis, a Lectra Group company, have announced the continuation of their partnership to advance traceability for Cotton made in Africa (CmiA) verified fibre. This collaboration underscores their shared commitment to sustainable cotton production and supply chain transparency. CmiA, a leading standard for sustainable cotton,

Corporates

Recover Expands Global Footprint With New Recycling Facility In Vietnam

Textile Insights December 7, 2024

Recover, a global leader in recycled cotton fibre and cotton fibre blends, has announced the opening of its newest manufacturing facility in Vietnam’s Dong Nai province, a strategic move in its global expansion strategy. The state-of-the-art factory is slated to begin operations by early 2025, positioning Recover to significantly contribute to sustainable practices in

Corporates

Circularise Secures Investment From Teijin Group To Drive Supply Chain Transparency

Textile Insights December 7, 2024

Circularise, a blockchain-based platform for supply chain transparency and traceability, has announced a strategic pre-Series B investment from Teijin Group. This collaboration positions Teijin as a key partner in advancing Circularise’s mission to enhance transparency and sustainability across global supply chains. Following its successful Series A funding in 2022, this

Corporates

ANDRITZ Partners With Circ To Build Landmark Textile Recycling Plant

Textile Insights December 7, 2024

International technology group ANDRITZ has secured an engineering order from Circ, a U.S.-based textile recycling innovator, to develop its first large-scale textile recycling plant. This groundbreaking facility will be the first to successfully recover cotton and polyester from blended textile waste, marking a significant step toward circularity in the fashion industry.

Event Garment

Most Preferred Workplace – Manufacturing, IT And ITES Edition 2024

Textile Insights December 7, 2024

Nurturing Culture, Building World-Class Organisations In the rapidly evolving landscape of global business, the blueprint of organisational success is being rewritten. At the heart of this transformation lies an undeniable truth: the most powerful competitive advantage is not technology, infrastructure, or capital, but the people who drive an organisation forward. Creating