Corporates

CEO Thomas Oetterli Elected As Chairman Of Rieter BoD

Textile Insights April 18, 2024

CEO Thomas Oetterli was elected as Chairman of the board of directors (BoD) of Rieter Holding at the 133rd annual general meeting of the Swiss textile machinery manufacturing company. Additionally, 312 shareholders who attended the meeting and who represent 68.7 percent of the share capital

Cotton

Chinese Research On Cotton Crop Resistance To Adverse Climates

Textile Insights April 18, 2024

The Xinjiang Academy of Agricultural Sciences will invest Yuan 15 million to develop cotton crops, which will cope with adversities such as pests, high and low temperatures, droughts, etc. The academy will introduce biological technologies such as genetic engineering to develop and introduce excellent genes into cotton crops to improve their resistance to various

Dyes & Chemicals

Covestro Exhibiting Innovative Material Solutions At Techtextil

Textile Insights April 18, 2024

Polymer manufacturer Covestro is exhibiting a wide range of innovative material solutions for the textile industry at Techtextil 2024 in Frankfurt in Hall 11.0, Booth E76. Covestro teams are presenting a selection of highlights from its portfolio that can help textile manufacturers improve the productivity and sustainability of their operations and products. From more

Export

Indian Cotton Textile Exports Increase 6.7% In 2023-24

Textile Insights April 17, 2024

Indian export of cotton textiles in fiscal 2023-2024 reached US $11.68 billion, growing by 6.7 percent over the previous fiscal. “This accomplishment underscores the resilience, determination, and collective efforts of all the exporters,” Sunil Patwari, Chairman of Texprocil said in a statement. “Positive growth has been achieved despite headwinds like geo strategic

Industry

Uzbek Textile Production Climbs 4.2 Times In Seven Years

Textile Insights April 17, 2024

Over the past seven years, Uzbekistan’s textile production has climbed 4.2 times, while exports of textile and apparel reached US $3.1 billion in 2023. In 2023, textile and clothing products worth $8.2 billion were manufactured in the country, which translates into a hike of 4.2 times from seven years ago. This has been made possible […]

Dyes & Chemicals

Archroma & DMix Unveil Largest Library Of Eco Textile Colours

Textile Insights April 17, 2024

Archroma and ColorDigital GmbH, the company behind DMIx, a pioneer in textile supply chain digitalisation, have partnered to bring the textile industry’s largest library of engineered colour standards to the DMIx ecosystem of fashion brands and suppliers. All 5,760 colour references in the Color Atlas by Archroma will be integrated into ColorDigital’s DMIx interactive

Machinery

Vandewiele Displaying Stunning Innovations At Techtextil

Textile Insights April 17, 2024

Vandewiele will have stunning presentations of innovations in technical textiles, feeders and other developments for multilayer fabrics, spacer fabrics, etc at Techtextil in Hall 12.0, booth D20. The company will show several examples of technical textiles based on the core technology of double piece distance weaving creating a sandwich structure. Vandewiele weaving

Product Launch & Innovation

Lunamicro’s Moisture Management Technology Wins Techtextil Award

Textile Insights April 17, 2024

LunaMicro AB which has developed an innovative moisture management technology has been awarded Techtextil’s 2024 Innovation Award in the ‘New Technology’ category. Compared to passive membranes normally used in waterproof garments, LunaMicro’s patented fabric pump technology removes moisture even when the outside environment is wet. The technology also allows over 80

Export

Indian Textile & Apparel Exports Slip 3.24% In Fiscal 2023-24

Textile Insights April 17, 2024

In fiscal 2023-24, which ends in March 2024, cumulative exports of textiles and apparel from India fell 3.24 percent to $34.43 billion versus $35.58 billion in fiscal 2022-23 Between April 2023 and March 2024, Indian textiles exports registered a year over year growth of 2.62 percent and reached $19.89 billion. However, clothing exports slipped in […]

Corporates

Globe Textiles Eyeing Turnover Of Rs 520 Crore By 2027

Textile Insights April 16, 2024

NSE listed Globe Textiles India is setting up a plant to manufacture 600,000 apparel pieces per month and is also eyeing a turnover of Rs 520 crore in the next three years. With a Zero Liquid Discharge (ZLD) system and partly solar generation which minimises energy costs while using green energy, the company uses nature-friendly […]