At its General Assembly on May 8, the Swiss Textile Machinery Association, a representative body for Switzerland’s providers of textile equipment, systems and services, elected a new president and board members to guide its strategic direction. Davide Maccabruni, CEO of Uster Technologies AG,
Alok Industries Ltd., a leading textile manufacturer in India, has selected Rieter’s state-of-the-art compact-spinning solution to enhance its yarn manufacturing operations. The strategic investment highlights Alok’s commitment to innovation, automation, and quality in textile production. The comprehensive system includes fiber and spinning preparation units, combing sets
Rieter has signed a definitive agreement to acquire Barmag, a division of OC Oerlikon, for an upfront equity purchase price of CHF 713 million. This strategic acquisition will position Rieter as a global leader in both natural and manmade fiber technologies and significantly accelerate the company’s growth strategy. Barmag, a global market leader in equipment […]
Gujarat High Court Bars Ludhiana Firm from Using ‘Vimal’ Name on Apparel In a key legal victory for Reliance Industries Limited (RIL), the Gujarat High Court has barred Ludhiana-based Jaipal Gaba and his firm Mack Hosiery from using the ‘Vimal’ trademark, reaffirming RIL’s exclusive rights to the iconic brand. The decision upholds a prior order […]
Madhya Pradesh has taken a major step forward in the national textile sector with the formal sanction of a PM MITRA (Mega Integrated Textile Region and Apparel) Park in Dhar district. The Central Government has approved funding of Rs 2,100 crore for the project, positioning the state at the forefront of India’s integrated textile infrastructure […]
Rieter Holding Ltd. held its 134th Annual General Meeting on April 24, 2025, with 337 shareholders representing 67.3% of the share capital in attendance. All motions proposed by the Board of Directors were approved. Shareholders endorsed a dividend of CHF 2.00 per share for the 2024 financial year, scheduled for payment on April 30, 2025. […]
India’s textile sector is experiencing an unexpected revival as shifting global trade dynamics, particularly US tariffs on China, Vietnam, and Bangladesh has derived international apparel brands to source more from India. This redirection of supply chains has positioned India as a viable alternative, especially for cotton-based and knitwear products. India’s knitwear
Building on the successful launch of Frenchie X in Goa, VIP Clothing Limited, a pioneer in India’s innerwear industry, has expanded its premium collection to over 100 stores across Mumbai, Pune, and Delhi. This marks a significant step in the brand’s mission to offer comfortable, stylish, and high-quality innerwear to a wider customer base. The […]
The Clothing Manufacturers Association of India (CMAI) has signed an MoU with the Chhattisgarh Government to establish a Textile & Apparel Facilitation Centre in Raipur, in the presence of Hon’ble Chief Minister Shri Vishnu Deo Sai, during the FAB Show 2025 in Mumbai. This strategic partnership aims to boost textile investments, support MSMEs, generate employment, […]
In a landmark recognition of its legacy and impact, T.T. Brand, one of India’s oldest and most widely distributed innerwear and clothing brands, has been officially accorded “Well-Known Trademark” status by the Indian Trade Marks Registry. The announcement was made in the Trade Mark Journal dated April 14, 2025. T.T. now joins an exclusive club […]