Technical Textile & Nonwoven

Govt Planning QCO In Build Tech Segment Of Technical Textiles

Textile Insights May 22, 2024

The Indian government is planning to introduce Quality Control Orders (QCOs) targeting 11 key technical textile products in the build tech category. The government is doing so to step up safety standards of clothing used by workers and professionals in the construction sector. These QCOs are

Corporates

Fast Fashion Brand Shein Plans London Stock Exchange IPO

Textile Insights May 22, 2024

Fast fashion brand Shein which had earlier planned to launch an IPO on the Chinese stock exchange has changed plans and will now submit an IPO application to the London Stock Exchange. Earlier this year, the China Securities Regulatory Commission advised Shein against an IPO in the United States due to the company’s supply chain […]

Software

Datacolor Releases Significant Software Portfolio Updates

Textile Insights May 22, 2024

Datacolor has released significant software portfolio updates, including the integration of Colibri support and enhancements to its colour matching and quality control (QC) tools. The latest version of the Colibri workflow software (version 24.1) released recently, includes many new features, including increased security, improved recipe correction and performance

Corporates

Thailand based Indorama Ventures Rebrands & Rolls Out New Logo

Textile Insights May 22, 2024

Indorama Ventures Public Co. Ltd. Has developed and launched a new logo to reflect its modernity, sustainability, innovation, and the quality its provides to its customers worldwide. “The new logo conveys our commitment to be a world-class sustainable chemical company producing indispensable chemistry that touches billions of lives every day,” the Aloke Lohia led company

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 more than 70 countries. The exhibition […]

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 […]