Cotton

Better Cotton Joins Policy Hub To Strengthen EU Sustainability Policy Dialogue

Textile Insights May 15, 2025

Better Cotton, the world’s largest cotton sustainability initiative, has joined the Policy Hub—a Brussels-based coalition driving collaborative input on key EU policy developments in the textile and apparel sector. Established in 2019, the Policy Hub facilitates technical discussions on

Machinery

Eight Out Of Ten Denim Mills Prefer Monforts, Dominate Kingpins Amsterdam

Textile Insights May 15, 2025

Monforts cemented its dominance in sustainable denim production at the recent Kingpins Amsterdam exhibition, held April 16–17, as eight of the ten denim fabrics featured in the 2025 Most Sustainable Product (MSP) showcase were produced by mills using Monforts technology. These mills – Arvind (India), Diamond Corduroy and Soorty (Pakistan), Isko and Orta (Turkey), Naveena

Technology

TrusTrace Launches AI-Driven Upgrade To Boost Supply Chain Traceability

Textile Insights May 15, 2025

TrusTrace, a global leader in supply chain traceability and compliance data management, has launched a major AI-powered upgrade to its platform. The enhanced system enables brands and manufacturers of all sizes to seamlessly collect, centralize, and analyze traceability data with improved accuracy and efficiency. Addressing long-standing industry challenges of fragmented

Cotton

CAI Lowers 2024-25 Cotton Pressing Estimate To 291.30 Lakh Bales

Textile Insights May 15, 2025

The Cotton Association of India (CAI) has reduced its cotton pressing estimate for the 2024-25 season to 291.30 lakh bales of 170 kg each, down by 4 lakh bales from the previous estimate of 295.30 lakh bales. This revision is based on inputs from 11 state associations and trade sources. The total cotton supply till […]

Industry

AGOA Expiry Threatens Over 66,000 Kenyan Textile Jobs

Textile Insights May 15, 2025

Kenya’s garment and textile export industry faces major uncertainty as the African Growth and Opportunity Act (AGOA) nears its scheduled expiry in September 2025, potentially putting more than 66,000 jobs in jeopardy. According to the 2025 Economic Survey by the Kenya National Bureau of Statistics (KNBS), employment in AGOA-accredited firms rose sharply by 15.18% in […]

Corporates

PDS Sets Up Subsidiary In Mauritius

Textile Insights May 14, 2025

PDS Limited, announced that NexStyle Apparel Manufacturing Limited, its wholly owned Indian subsidiary, has incorporated a new entity in Mauritius under the name ‘NexStyle Apparel Manufacturing Limited’ (NexStyle Mauritius), effective May 13, 2025. The move is part of the company’s ongoing efforts to strengthen its global manufacturing footprint. NexStyle Mauritius, now a

Financial Results

Mafatlal Sees 35% Jump In FY25 Revenue

Textile Insights May 14, 2025

Mafatlal Industries Limited, a key player in the Indian textile sector, reported its highest-ever annual revenue from operations in FY25 at Rs 2,807.2 crore, a 35% increase over the previous year, driven by the execution of large institutional orders. Total income stood at Rs 2,845.3 crore, up 33% year-on-year. Operating EBITDA rose to Rs 85 […]

Financial Results

RSWM Posts Q4 Profit; Revenue Up 7%, EBITDA Soars

Textile Insights May 14, 2025

RSWM Ltd., one of India’s leading manufacturers of synthetic, mélange, and blended spun yarns, denim, knitted fabrics, and green polyester fibers, reported a net profit of Rs 1.6 crore for the fourth quarter of FY25, marking a turnaround from the previous quarter’s loss. The company’s revenue for the quarter rose 7.2% year-on-year to Rs 1,256 […]

Sustainability

Arvind Invests In Hybrid Power Project For Carbon Neutrality

Textile Insights May 13, 2025

Arvind Limited has entered into an agreement with Torrent Green Energy and its subsidiary, Torrent Urja 28 Pvt Ltd (TUPL), to acquire a 26% equity stake in a 20 MW hybrid wind-solar power project. The initiative aims to provide Arvind with approximately 60% of its total electricity from renewable sources post-commissioning. Key highlights of the […]

Financial Results

Raymond Lifestyle Q4 Income Down 9%, Stays Net Debt-Free

Textile Insights May 13, 2025

Raymond Lifestyle Limited reported a 9% year-on-year decline in total income for Q4 FY25 at Rs 1,580 crore, down from Rs 1,728 crore in Q4 FY24. EBITDA for the quarter stood at Rs 99 crore compared to Rs 289 crore a year earlier, reflecting a 66% drop. The EBITDA margin fell to 6.3% from 16.7%, […]