Policies

Government Approves Establishment Of 7 PM MITRA Parks to Boost Textile Sector

Textile Insights July 29, 2024

The Government has approved the establishment of 7 PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks on Greenfield/Brownfield sites, including a Greenfield project in Virudhunagar, Tamil Nadu. These parks will feature world-class infrastructure, including plug-and-play facilities,

Industry

MP Opens Industry Office In Coimbatore to Boost Trade Ties Between MP And TN

Textile Insights July 29, 2024

Madhya Pradesh Chief Minister Dr Mohan Yadav announced the establishment of a Madhya Pradesh industry office in Coimbatore, Tamil Nadu, to enhance investment and strengthen trade ties between the two states. Addressing the ‘Invest MP-Interactive Session’ in Coimbatore, Dr Yadav emphasized the objective of the Investors Summit: fostering inter-state cooperation

Product Launch & Innovation

Orange O Tec To Launch ‘Made In Bharat’ Machine Fabpro 1i At Gartex Exhibition, New Delhi

Textile Insights July 29, 2024

Orange O Tec Pvt Ltd, a pioneer in the digital textile printing industry, is set to make waves at the Gartex New Delhi exhibition on August 1, 2024, with the launch of its ‘Made in Bharat’ digital textile printing machine, the Fabpro 1i. This unveiling marks a new chapter in Orange O Tec’s illustrious 15-year […]

Economy

Burkina Faso Explores Cotton In Tirupur

Textile Insights July 29, 2024

A delegation of 14 entrepreneurs from Burkina Faso visited the Tiruppur Exporters’ Association (TEA), facilitated by Gherzi Consulting, New Delhi, to seek guidance on converting their locally grown cotton into garments and adding value to their textile industry. The delegation was received by the Association’s President, K.M. Subramanian, General Secretary N.

Sustainability

Zydex Selected For Apparel Impact Institute’s Climate Solutions Portfolio

Textile Insights July 29, 2024

Zydex, a leading innovator in textile printing solutions, has announced its selection for Apparel Impact Institute’s (Aii) Climate Solutions Portfolio (CSP). This prestigious recognition underscores Zydex’s commitment to reducing the environmental footprint of the fashion industry through innovative and sustainable solutions. Apparel Impact Institute’s Climate

Financial Results

PDS Ltd Posts Growth Of 24% In Revenue And 34% In PAT In Q1 FY25

Textile Insights July 29, 2024

PDS Ltd, a global fashion solutions and infrastructure company, announced its financial results for Q1 FY25. The company offers customized solutions to global brands and retailers, including product development, sourcing, manufacturing, and brand management. The company recorded a 28% increase in Gross Merchandise Value (GMV) to Rs 3,898 crore, translating to a 24% rise in

Financial Results

Go Fashion Posts Significant Growth In Q1 FY25

Textile Insights July 29, 2024

Go Fashion (India) Ltd, a leading women’s bottom-wear brand in India, has announced its unaudited financial results for Q1 FY25, showcasing significant growth across key metrics. The company reported total revenue of Rs 220.1 crore, a 16% increase from Q1 FY24. Gross profit rose by 17% to Rs 136.0 crore, with a gross profit margin […]

Machinery

Trützschler’s Next-Generation Carding Machine Gains Global Recognition

Textile Insights July 28, 2024

Trützschler’s next-generation carding machine, the TC 30i, entered the market in January 2024 and has since been impressing yarn manufacturers worldwide. The machine has delivered excellent results during customer tests in Türkiye and other countries, achieving up to 40% higher productivity while reducing energy consumption by up to 18%. Higher Productivity, Lower Energy

Apparel, Fashion, Retail

Mango Home Expands To Turkey Via Online Channel

Textile Insights July 28, 2024

Mango, one of Europe’s leading fashion groups, is expanding its homeware line, Mango Home, to the Turkish market via its online channel, mango.com. This expansion aligns with Mango’s 4E 2024-2026 Strategic Plan, focusing on strengthening its value proposition, expanding its reach and boosting sales in both physical stores and online channels. Founded in 2021,

Corporates

Freudenberg Apparel Opens Advanced Thermal Insulation Factory In Vietnam

Textile Insights July 28, 2024

Freudenberg Performance Materials Apparel (Freudenberg Apparel) has announced the opening of its advanced thermal insulation factory in Long Thanh district, Vietnam. This facility produces comfortemp, Freudenberg’s high-performance thermal insulation material for fashion and sportswear apparel. “Opening our first production site in Vietnam enables us to meet the