Event

ITM 2024 To See Record Exhibition Space & Exhibitor Numbers

Textile Insights May 22, 2024

ITM 2024 exhibition which will be held from June 4-8, 2024 will break new records in terms of exhibition space and also exhibitor numbers The exhibition is seeing a significant increase in number of new exhibition companies due to which their numbers have reached more than 1,300 companies from

Financial Results

Trident Ltd Net Profit Drops Sharply By 54.8% In Q4FY’24

Textile Insights May 22, 2024

In the fourth fiscal quarter ending March 31, 2024, net profit at Ludhiana based Trident Ltd dropped sharply by 54.8 percent over the same quarter in the previous fiscal to Rs 59 crore. However, revenue increased 6.9 percent from a year ago quarter in the Rajinder Gupta led textiles manufacturer to Rs 1,682 crore in […]

Corporates

Vardhman Investing Rs 2,000cr in Modernisation & Expansion

Textile Insights May 21, 2024

Ludhiana based Vardhman Textiles is modernising and expanding its existing spinning and fabric operations at a substantial capital outlay of around Rs 2,000 crore. Additionally, the company will also foray and invest in technical textiles, targeting a production output of 15 lakh meters of fabric per month. Currently, Vardhman operates 12.37 lakh equivalent spindles and

Home Textiles

Indo Count Honoured With Three Gold Trophies By Texprocil

Textile Insights May 21, 2024

Indo Count Industries was honoured with three Gold trophies at the Texprocil Export Awards ceremony, for its contribution to the export of cotton made-ups from India. The Texprocil Export Awards recognise the role played by the exporting community in developing and diversifying India’s exports of cotton textiles. Indo Count Industries clinched the Gold trophy for […]

Technical Textile & Nonwoven

Pulp Producer April Acquires Controlling Stake in Origami

Textile Insights May 21, 2024

Singapore headquartered and producer of pulp and fibre, April Group has acquired a controlling stake in Origami, India’s leading consumer tissue products company. Origami is a fully integrated operation, spanning tissue paper mills and converting plants operating at multiple locations and distribution centers across the country. Origami manufactures an extensive product

Machinery

Orange O Tec Launches Digital Textile Printer With 64 Heads

Textile Insights May 21, 2024

Orange O Tec, a supplier of digital textile printing industry in India has unveiled the Phoenix K-64 digital textile printing machine. Designed to revolutionise the textile printing landscape, the Phoenix K-64 boasts 64 heads by the renowned company Homer, offering unparalleled speed, precision, and efficiency. With a production capacity of up to 15,000 meters per […]

Industry

Intertek Announces Launch Of Its Icare Platform In India

Textile Insights May 21, 2024

Intertek, a provider of total quality assurance (TQA) solutions, has announced launch of its innovative iCare platform in India. “This one-stop digital portal is specifically designed to address the needs of the textile industry, following its successful debut in Türkiye last November,” Intertek said in a press release. iCare empowers textile manufacturers to seamlessly

Policies

CITI Gives Policy Recommendations To Boost Textile Industry

Textile Insights May 21, 2024

The Confederation of Indian Textile Industry (CITI), while appreciating efforts of the Indian Textiles Ministry for implementing pivotal policy measures, has also sought sufficient availability of cotton and manmade fibres at internationally competitive prices. To improve the cost competitiveness of the cotton value chain, CITI has given policy recommendations like removal

Industry

TN Textile Mills & Garment Factories Face Shortage Of Workers

Textile Insights May 20, 2024

Textile mills and garment factories in Tamil Nadu, which were hit by a steep drop in orders since the last two years, are now facing a new challenge which is shortage of workers. With indications of revival of orders, the factories are slowly increasing production and hence are in need of more workers. The Tamil […]

Machinery

Trützschler Group Showcasing Latest Innovations At ITM 2024

Textile Insights May 20, 2024

The Trützschler Group will showcase its latest innovations featuring machines and technologies in spinning, card clothing, and nonwovens at ITM 2024 in Hall 7, Stall 714A. “Trützschler Spinning will showcase the latest in carding, draw frame and combing,” the German company said in a press release. All innovations address fundamental customer needs in fibre processing […]