Home Textiles

Indian Home Textile Companies Revenue To Rise 7-8% In FY’24

Textile Insights November 29, 2023

In a research note on the Indian home textiles industry, ratings agency ICRA expects revenues of its sample report companies to increase 7-8 percent year on year to Rs. 21,500 crores in the ongoing fiscal. Additionally the ratings agency also expects operating margins to improve 250-350 bps in

Dyes & Chemicals

Archroma Inspires Design Talent At ISPO Academy Masterclass

Textile Insights November 28, 2023

Archroma, a global supplier of specialty chemicals towards sustainable solutions, is again partnering with ISPO Academy to inspire promising young design talents in a four-day Masterclass held alongside ISPO Munich 2023 to explore this year’s theme, ‘Circularity – Create | Adapt | Revive’. ISPO Munich is the world’s leading trade fair for the sports industry. […]

Export

MAS Holdings Bags 16 Sri Lankan Presidential Exports Awards

Textile Insights November 28, 2023

MAS Holdings, one of the biggest Sri Lankan apparel and accessories exporter along with its subsidiaries bagged 16 Presidential Exports Awards for 2021-22 and 2022-23 in recognition of its contribution to the export sector. MAS Active in addition to the two overall exporter awards for both years, winning the Overall Market Diversified Exporter of the […]

Dyes & Chemicals

Pulcra & Devan Chemicals Launch New Water Repellency Brand

Textile Insights November 28, 2023

Pulcra Chemicals, a global leader in sustainable chemical solutions, has joined forces with its subsidiary, Devan Chemicals, to introduce Devan Repel, a new brand in the water repellency market. The first product in the range, Devan Repel One, is a durable water repellent for polyester and its blends, which has been developed with chemical and […]

Cotton

Biggest Chinese Cotton Growing Region Turns Into Textile Hub

Textile Insights November 28, 2023

Xinjiang province in China which accounts for 90 percent of total Chinese cotton production is now becoming a textile and apparel production centre. As of date, there 3,720 textile and clothing manufacturers compared to only 711 in 2014 Attracted by the advantage of easy cotton availability, 1,340 of the 3,720 companies have invested from outside […]

Industry

CITI Takes Centre Stage At ILO Conclave With Special Session

Textile Insights November 28, 2023

The Confederation of Indian Textile Industry (CITI) took center stage at the International Labour Organisation (ILO) conclave with a special session on “Sectoral Development Approaches and Industry Linkages in Garment and Textile Industry.” The session provided a platform for industry leaders, policymakers, and stakeholders to engage in insightful discussions

Event

120 Exhibitors From 11 Countries Participating At ITME Africa

Textile Insights November 28, 2023

India ITME Society will host a textile engineering exhibition – ITME Africa 2023 for the first time in Nairobi, Kenya from November 30 to December 2, 2023 There are a total of 120 exhibitors from 11 countries, which includes India with 60 companies, China with 25 exhibitors and Italy with 13 companies. The exhibition will […]

Machinery

BTMA Seeks Refinancing For Spinning To Printing Segments

Textile Insights November 27, 2023

The Bangladeshi textile industry is seeking a refinancing facility to modernise or refurbish textile technologies in various segments like spinning, weaving, etc from the central bank of Bangladesh. Mohammad Ali Khokon, who is the President of the Bangladesh Textile Mills Association (BTMA), has urged the Bangladesh Commerce Ministry to look into the issue. “He said […]

Industry

Skilled Workforce Challenge For Indonesian Textile Sector

Textile Insights November 27, 2023

The Indonesia textile and garment industry which is seeing various challenges including increasing imports is also facing a challenge of hiring employees who have requisite skills and competencies. The industry that employs around 3.9 people has identified that the productivity and skills of the workforce greatly influence the performance of the textile industry. To

Cotton

China’s Sustainable Cotton Acreage Touches 1.2 Million Acres

Textile Insights November 27, 2023

Cultivated acreage of Chinese sustainably grown cotton has touched 1.2 million acres in Xinjiang province, which accounts for 90 percent of overall Chinese cotton production. The province is projected to produce 170,000 tons of sustainably grown cotton in the 2023-24 season. The sustainable cotton project is being managed by the China Cotton Association under an […]