Industry

AMC To Supply Treated Industrial Water To Ahmedabad Mills

Textile Insights January 20, 2024

After two years of negotiations and persuasion, textile mills, which also include standalone dyeing and printing mills in Ahmedabad will finally get treated industrial wastewater at Rs 30 per kilolitre. The Gujarat Pollution Control Board (GPCB) and three major industry associations in the city

Financial Results

Reliance Industries Posts 10.9% Growth In Q3FY’24 Net Profit

Textile Insights January 20, 2024

In the third quarter of fiscal 2023-24, Reliance Industries Ltd (RIL) reported 10.9 percent year on year growth in net profit to Rs 19,641 crore, boosted by its retail, Jio, oil & gas divisions. The Mukesh Ambani led company posted consolidated revenues in the October to December quarter at Rs 248,160 crore, up 3.2 percent […]

Fabric

Cone To Show Denim Fabrics Made From Circulose At Kingpins

Textile Insights January 20, 2024

Cone Denim will showcase its first denim fabrics collections made with regenerated cellulose fibres at Kingpins New York which will be held January 24-25 in New York. “The pilot launch of these new styles underscores Cone Denim’s ongoing commitment to driving change toward a sustainable future in denim manufacturing,” the denim manufacturer said in a […]

Fibre

Hyosung Showing Expanded Sustainable Solutions At Kingpins

Textile Insights January 19, 2024

Hyosung is introducing its 2024 sustainable textile and sourcing solutions for denim at Kingpins NYC, which will be held from January 24-25 at Basketball City in booth no. 12. The South Korean company is doing so, anticipating the denim industry’s focus on agile global supply chain and sourcing strategies, in addition to more diverse and […]

Technical Textile & Nonwoven

Govt Approves Technical Textile Projects Worth Rs 103 Crores

Textile Insights January 19, 2024

The Indian Textiles Ministry approved 11 project proposals related to technical textiles amounting to around Rs 103 crore. The Union Minister for Textiles Piyush Goyal, cleared the proposals while chairing the 8th Meeting of the Mission Steering Group (MSG) of the National Technical Textiles Mission (NTTM). These project proposals include nine R&D projects, one project

Textile Park

Sircilla Textile Park Units Urge Govt To Settle Unpaid Bills

Textile Insights January 19, 2024

The weaving units of the Sircilla Textile Park located in Telangana which had closed temporarily in the first week of January have appealed the state government to pay their bills of around Rs 250 crores. Textile Insights had earlier reported that weaving companies in the Park had shut down to cut down losses as prices […]

Machinery

Mimaki Sells 300 Txf150-75 DTF Printers In One Year Of Launch

Textile Insights January 19, 2024

Mimaki Europe said its first DTF (Direct to Film) printer, the TxF150-75, has surpassed the milestone of 300 units sold across EMEA, since its launch in February 2023. “With the highest sales in the UK, France, Italy, Iberia and the DACH region, this wide-spread adoption of the TxF150-75 demonstrates the quality of the printer,” Mimaki […]

Fibre

Lenzing’s Tencel Fibre Engineered To Create Stretch Fabrics

Textile Insights January 18, 2024

Lenzing has initiated a new processing technique of Tencel lyocell fibres which are tailored to create stretch fabrics that enhances comfort of the wearer. “This solution offers a fossil-free alternative that delivers exceptional stretch and recovery properties while adhering to responsible production methods,” the Austrian company said in a press release. Lenzing’s new

Industry

Indian Textile Sector Optimistic As Markets Being To Recover

Textile Insights January 18, 2024

The Indian textile industry, which has been grappling with low demand for almost a year, is now feeling optimistic as the market begins to recover. One of the main reasons for this new found optimism is the decrease in inventory levels across the entire value chain. Additionally, China has recently purchased 6,000 tons of cotton […]

Dyes & Chemicals

Erca Group Spins-Off Textile Auxiliaries Into Separate Entity

Textile Insights January 18, 2024

The Erca Group has spun-off Erca Textile Chemical Solutions (TCS) as an independent company within the Erca Group and will be completely dedicated to the textile industry. “The decision to make Erca TCS a separate company stems from the desire to focus exclusively on solutions for the textile industry and to build an agile entity,” […]