Corporates

Fabindia Teams Up With MSME Ministry To Boost Artisans

Textile Insights September 16, 2024

Fabindia, a prominent lifestyle brand renowned for blending traditional Indian craftsmanship with contemporary design, has announced its strategic partnership with the Ministry of Micro, Small and Medium Enterprises (MSME Ministry) under the newly launched PM Vishwakarma scheme. This

Corporates

Home Joy Socks To Invest US$ 50M In BEPZA Economic Zone

Textile Insights September 16, 2024

Chinese company Home Joy Socks Bangladesh Co. Ltd. is set to invest $50 million to establish a socks and garments manufacturing facility in the Bangladesh Export Processing Zones Authority Economic Zone (BEPZA EZ). BEPZA recently signed an agreement with the company at BEPZA Complex in Dhaka. The agreement was signed by BEPZA’s Member (Investment Promotion), […]

Corporates

KARL MAYER Hosts Chinese Delegation, Strengthens Partnership

Textile Insights September 16, 2024

KARL MAYER Group recently hosted a delegation from Shandong province, China, at its headquarters in Obertshausen, Germany. The visit was a key part of their tour through Germany. Jingjin Equipment Co., Ltd., a leading Chinese manufacturer of industrial filter solutions and a valued customer of KARL MAYER for nearly a decade, has made significant investments […]

Corporates

Reliance Retail Partners With Delta Galil For Apparel Innovation

Textile Insights September 16, 2024

Reliance Retail Ventures Ltd (RRVL), India’s leading retailer, has entered into a strategic partnership with Delta Galil Industries Ltd., a global manufacturer and marketer of intimate, active wear, loungewear and denim apparel. The partnership, structured as a 50/50 joint venture, aims to transform the apparel landscape in India. This collaboration will create an

Corporates

ACG Kinna Acquires Styrteknik, Expands Automation Offer

Textile Insights September 16, 2024

ACG Kinna Automatic AB has acquired 100% of Styrteknik Europe AB, a Sweden-based company specializing in industrial sewing machines and automatic systems for sewing circles and cross seams in cushions, mattresses, pads and other filled products. Founded in 1974, Styrteknik has become a market leader in its segment. The consolidation, effective as of June 2024, […]

Corporates

Durst Group Appoints Chris Schowalter As Global Sales Director Software

Textile Insights September 15, 2024

Durst Group, a leading manufacturer of advanced digital printing and production technologies, has announced the appointment of Chris Schowalter as its new Global Sales Director Software. This move underscores Durst’s commitment to expanding its software solutions for the printing industry. With over 20 years of experience in the print sector, particularly in inkjet

Product Launch & Innovation

LYCRA Presents Sustainability Innovations At Dornbirn GFC

Textile Insights September 15, 2024

The LYCRA Company, a global leader in fibre and technology solutions, will make presentations at the Dornbirn Global Fiber Congress (GFC) from September 11-13 in Dornbirn, Austria. The presentations will highlight key initiatives from The LYCRA Company’s Planet Agenda platform and 2030 Sustainability Goals. Jean Hegedus, Director of Sustainable Business Development at The

Event

Gartex Texprocess India New Delhi Attracts 11,916 Visitors

Textile Insights September 15, 2024

The 11th edition of Gartex Texprocess India concluded on a high note at Yashobhoomi, New Delhi, attracting 11,916 B2B visitors from 311 Indian cities and 29 countries. The event showcased advanced textile technologies and solutions, drawing a diverse mix of apparel brands, garment manufacturers, boutique owners, buying houses, textile mills, and more. The exhibitors were

Corporates

Alchemie Wins Best CleanTech Dyeing Award

Textile Insights September 15, 2024

Alchemie Technology has been named the Best CleanTech Textile Dyeing Solutions Company at the SME Midlands Enterprise Awards 2024. This prestigious award recognizes Alchemie’s innovation and leadership in revolutionizing textile dyeing with sustainable, innovative solutions. The SME Midlands Enterprise Awards celebrate exceptional businesses that drive economic growth and

Industry

GAFI To Boost Investment With AI-Driven Upgrades

Textile Insights September 15, 2024

Egypt’s General Authority for Investment and Free Zones (GAFI) announced a partnership with the Ministry of Communications and Information Technology to upgrade GAFI’s platform using AI technology. This upgrade will allow GAFI to analyze data from the 400,000 economic entities it oversees, aiming to craft both short-term and long-term strategies to enhance Egypt’s