Corporates

Garment Mantra Secures Rs 9.20 Cr Global Order

Textile Insights May 28, 2025

Garment Mantra Lifestyle Limited has received a significant export order from Zaara Overseas Trading L.L.C S.O.C for the supply of polyester fabric and polyester made-up dress material. The order is valued at approximately US$ 1,078,900 (around Rs 9.20 crores, exclusive of taxes). The order,

Corporates

BGBA, Air8 Partner To Boost Textile Export Financing

Textile Insights May 28, 2025

The Bangladesh Garment Buying House Association (BGBA) has signed a Memorandum of Understanding (MoU) with Air8, a cross-border supply chain finance platform, to enhance access to export financing for Bangladesh’s textile sector. The partnership aims to provide BGBA members with innovative working capital solutions and insights to support global trade. The MoU was signed

Corporates

Historic Brand Acquisition Brings German Textile Legacy To Uzbekistan

Textile Insights May 28, 2025

Uzbekistan has welcomed its first internationally recognized foreign textile brand, marking a new chapter in the nation’s industrial evolution. Kamalak Shabnam Teks LLC, a domestic company based in the Bukhara region, has acquired the prestigious German brand Curt Bauer, known for its 140-year legacy and exports to over 40 countries. The acquisition includes the full […]

Corporates

Borana Weaves Makes Strong Market Debut With 12.5% Premium On BSE

Textile Insights May 27, 2025

Textile manufacturer Borana Weaves made an impressive stock market debut on the BSE, listing at Rs 243.00, marking a 12.5% premium over its issue price of Rs 216.00. The stock gained further momentum post-listing, climbing to Rs 255.10, which represents an 18.1% rise from the IPO price. During trading hours, the scrip touched an intraday […]

Corporates

Justice For The Innovator: Uster Technologies Wins Patent Infringement Case In China

Textile Insights May 27, 2025

Uster Technologies has secured a decisive legal victory in China, confirming its commitment to innovation and intellectual property protection. The Supreme People’s Court of the PRC has ruled in favor of Uster, confirming that a local competitor unlawfully infringed on its patent by copying the yarn feeder mechanism of the Uster Tester 6. With a […]

Industry

Gas Shortage Threatens Textile Industry Shutdown In Bangladesh

Textile Insights May 27, 2025

Leaders of Bangladesh’s primary textile mills have sounded the alarm over the worsening gas crisis, warning that continued disruptions in supply are pushing factories toward closure. At a press conference held at the Gulshan Club in Dhaka on Sunday, Bangladesh Textile Mills Association (BTMA) President Showkat Aziz Russell expressed deep concern over the ongoing gas […]

Corporates

Lenzing Appoints Georg Kasperkovitz As COO To Drive Operational Excellence

Textile Insights May 27, 2025

Lenzing AG has announced the appointment of Georg Kasperkovitz as its new Chief Operations Officer (COO) and member of the Managing Board, effective June 1, 2025. Kasperkovitz will oversee the management of all fiber production sites and lead the ongoing company-wide performance program aimed at enhancing operational efficiency and cost effectiveness. Kasperkovitz, 58,

Industry

SGCCI Seeks Removal Of QCO On Textile Machinery To Boost Growth

Textile Insights May 27, 2025

The Southern Gujarat Chamber of Commerce and Industry (SGCCI) has formally appealed to the central government to remove the Quality Control Order (QCO) from textile machinery, citing its potential to hinder the growth and technological advancement of the textile sector. In a high-level meeting held in New Delhi, SGCCI Vice President Ashok Jirawala and former […]

Industry

India And Namibia Explore Textile Industry Collaboration

Textile Insights May 27, 2025

The High Commissioner of India to Namibia, His Excellency Rahul Shrivastava, was recently welcomed by the Mayor of Windhoek, Ndeshihafela Larandja, to discuss strengthening municipal-level cooperation between the two nations. According to a statement from the City of Windhoek, the discussions focused on the potential establishment of large-scale textile production in the

Fibre

INHFA Calls For Wool To Play Key Role In Ireland’s Textile Strategy

Textile Insights May 27, 2025

The Irish Natura and Hill Farmers Association (INHFA) has urged the government to prioritise the use of wool in its textile management strategy, following the launch of a public consultation process by Minister Alan Dillon on May 21. The association argues that wool, as a natural and renewable fibre, offers an effective and eco-friendly alternative […]