Technical Textile & Nonwoven

Andritz Showing Innovative Nonwoven Solutions At Techtextil India

Textile Insights September 1, 2023

Nonwoven technologies manufacturer Andritz is showing its latest nonwoven production and textile recycling solutions at the upcoming Techtextil India being held in Mumbai in booth K12, Pavilion 2 & 3. The Andritz product portfolio encompasses technologies such as air-through bonding,

Apparel, Fashion, Retail

Fashion Infrastructure Company PDS Bags LACP Platinum Award

Textile Insights August 31, 2023

PDS Limited, a global fashion infrastructure company has bagged the Platinum award at the League of American Communications Professionals (LACP) LLP for its FY2022-23 Annual Report in the ‘LACP 2022 Vision Awards’. This year the theme of the PDS Annual report is ‘Fashion Simplified’ and in its first year of submission, PDS has garnered an […]

Cotton

QCO On Cotton Put Off By A Year By Textiles Ministry

Textile Insights August 31, 2023

“The Textiles Ministry has put off implementing the Quality Control Order (QCO) on cotton bales for a year, following protests and stiff opposition from Vidharbha based cotton ginners. “The implementation of QCO on cotton also called BIS on cotton bales has been extended till August 27, 2024” ToI reported. The Textiles Ministry had approved the […]

Industry

Gokaldas Exports Acquires UAE Based Garment Producer Atraco

Textile Insights August 31, 2023

One of India’s biggest garment exporters, Gokaldas Exports will acquire UAE based apparel manufacturer Atraco, through one of its subsidiaries for US $55 million (around Rs 455 crore). Atraco, which is headquartered in Dubai manages four clothing manufacturing factories in Kenya and one in Ethiopia and manufactures around 40 million garments per year “The $55 […]

Technical Textile & Nonwoven

INDA Announces Four Finalists For RISE Innovation Award

Textile Insights August 31, 2023

The Association of the Nonwoven Fabrics Industry (INDA) announced finalists that will compete for the RISE Innovation Award. RISE, the Research, Innovation & Science for Engineered Fabrics Conference, will take place September 26-27 at North Carolina State University, Raleigh. The finalists include the ESC-8 – The JOA Electronic Size Change Unit. The JOA ESC-8 unit

Corporates Industry

Certificates & Labels Issued By Oeko-Tex Increases 21%

Textile Insights August 31, 2023

Certificates and labels issued by the Oeko-Tex Association between July 1, 2022 and June 30, 2023 rose 21 percent year on year, to 43,000. The ‘Made in Green’ label recorded the strongest growth of 52 percent, Oeko-Tex said in a press release. For their two new certifications, Oeko-Tex focused on cooperation with numerous parties along […]

Export

Has China Plus One Helped Indian Textile & Garment Sector?

Textile Insights August 29, 2023

The ‘China Plus One’ strategy refers to a business strategy adopted by multinational companies, to diversify their production and supply chain activities by adding an alternative manufacturing or sourcing location to China and was introduced in 2013. But has the China Plus One strategy worked to the advantage of countries like India, which is a […]

Fibre

Lenzing Shows New Sustainable Fibre At Intertextile Shanghai

Textile Insights August 29, 2023

Lenzing, a producer of cellulose fibres has unveiled Lenzing Ecovero with Refibra technology at this Intertextile Shanghai Apparel being held in Shanghai. Building on the success of Tencel Lyocell fibres with Refibra technology, the expansion of the Refibra technology to Lenzing Ecovero will help the company increase the overall post-consumer content in its products. “The

Apparel, Fashion, Retail

Reliance Retail Almost Doubles Valuation In Three Years

Textile Insights August 29, 2023

Mukesh Ambani led Reliance Retail’s valuation has almost doubled, notwithstanding the intervening Covid-19 pandemic. Qatar Investment Authority recently became an investor in Reliance Retail, with an investment of US $1 billion for a 1 percent equity stake. This investment values Reliance Retail at a pre-money equity value of Rs 828,000 crore as against it’s fund-raise

Export

Australia Also Offers Duty Free Status To Bangla Garments Post LDC

Textile Insights August 29, 2023

Australia becomes the third country after the UK and Canada, which will continue to offer duty free status to Bangladeshi garment exports after the country graduates from its least developed country (LDC) status in 2026. This assurance was provided by an official of the Australian government’s Department of Foreign Affairs and Trade, during a recent […]