Corporates

Reliance Brands Acquires Majority Stake In Mothercare Joint Venture

Textile Insights October 18, 2024

JV to Own Mothercare Brand and All Its IP Assets for India, Nepal, Sri Lanka, Bhutan and Bangladesh Region Mothercare plc, a global leader in products for parents and young children, has announced a strategic joint venture with Reliance Brands Holding UK Limited, a wholly-owned subsidiary of

Apparel, Fashion, Retail

R|Elan Fabrics Collaborates With HUEMN For A Unique Collection At Lakmē Fashion Week

Textile Insights October 18, 2024

Reliance Industries Limited’s R|Elan Fabrics 2.0 and Lakmē Fashion Week x FDCI continue to redefine the fashion landscape with groundbreaking collaborations. This season, R|Elan is excited to announce its partnership with the ready-to-wear homegrown label HUEMN, resulting in a unique collection that merges HUEMN’s distinctive design ethos with R|Elan’s

Corporates

PLEVA Partners With WEKO For North American Representation

Textile Insights October 18, 2024

PLEVA Sensors and Controls has appointed WEKO North America as its official sales and service partner for the USA and Canada. With this strategic partnership, Terence McGee, General Manager of WEKO North America, and his team are now representing PLEVA across the region, enhancing customer support and service capabilities. Following comprehensive technology training at

Machinery

Beste Partners With Rieter For Fully Traceable Cotton Supply Chain

Textile Insights October 18, 2024

Beste Spa, the innovative Italian textile company, has placed an order for a complete Rieter ring spinning system. This state-of-the-art technology, combined with advanced digitization and automation solutions, will enable Beste to streamline the entire textile production process locally in Italy, ensuring the highest quality for luxury brands. The investment aligns with

Export

CITI: Textile Sector Records 12.38% Growth In September

Textile Insights October 17, 2024

India’s textile and apparel industry demonstrated impressive growth in September 2024, achieving a 12.38% rise in exports compared to the same period last year, according to a report by the Confederation of Indian Textile Industry (CITI). The surge was primarily driven by apparel exports, which increased by 17.30%, underscoring the growing global demand for Indian-made

Policies

Gujarat Textile Policy 2024: Comprehensive Incentives To Propel Sustainable Growth

Textile Insights October 17, 2024

Gujarat, a leading textile hub of India, has announced its Textile Policy 2024, designed to boost investments, support local enterprises and promote sustainable manufacturing practices. The policy provides a mix of capital subsidies, interest relief, payroll assistance and infrastructure support, aiming to position Gujarat as a global leader in textiles. Key Incentives and

Corporates

Indo Count Expands Utility Bedding With Modern Home Textiles Acquisition

Textile Insights October 14, 2024

Indo Count Industries Ltd., the world’s largest bed linen manufacturer, has announced a major expansion in its Utility Bedding segment with the acquisition of two key U.S.-based companies. Indo Count Global, Inc. (ICG), a wholly-owned subsidiary of Indo Count Industries, has acquired Modern Home Textiles, Inc., a manufacturer of pillows and other filled products.

Industry

Textile Ministry Drawing Roadmap To Take Industry To The Next Level

Textile Insights October 10, 2024

The Union textile ministry is in the process of creating a comprehensive roadmap which, on the one hand, aims to address on dealing with a wide range of existing issues hampering the growth and, on the other hand, it aims to chart an action plan to achieve the targeted growth strategies in a more inclusive […]

Industry

Faisalabad’s Power Loom Industry In Crisis Amid Soaring Electricity Bills

Textile Insights October 10, 2024

Faisalabad, Pakistan’s textile hub, is facing a severe crisis as the city’s power loom industry struggles under the weight of exorbitant electricity bills. Rising raw material costs have further compounded the challenges, leaving loom owners unable to sustain their operations and rendering thousands of workers jobless. The once-bustling area of Ghulam Muhammad

Export

Global Bedlinen Exports Decline 10.17% In 2023 Amid Rising Demand For Sustainable Bedlinen

Textile Insights October 10, 2024

The global bedlinen export market represents a significant segment within the textile industry, largely driven by the rising consumer demand for home textiles and interior décor. Over recent years, this market has seen a considerable shift, with an increasing preference for eco-friendly and sustainable products, fueling demand for organic and sustainable bedlinen. As