Industry

Indian Textile Industry Embraces AI To Boost Efficiency And Exports

Textile Insights June 24, 2025

India’s textile industry, one of the oldest in the world, is undergoing a significant digital transformation as micro, small, and medium enterprises (MSMEs) adopt artificial intelligence (AI) across the value chain. Key manufacturing hubs like Tiruppur in Tamil Nadu are leading the charge,

Corporates

Fantail Raises US$ 1.6 Million To Build Surat’s First MMF Brand

Textile Insights June 24, 2025

Fantail, a Surat-based B2B textile company specializing in man-made fibres (MMF), has secured US$ 1.6 million in seed funding. The round was led by Riverwalk Holdings, Incubate Fund Asia, and All in Capital. Founded in 2023 by serial entrepreneur Ramya Iyer, Fantail is positioning itself as Surat’s first MMF brand, tapping into the city’s global […]

Corporates

UPM Biochemicals Achieves Key Sustainability Certifications At Leuna Biorefinery

Textile Insights June 24, 2025

Milestone reinforces commitment to sustainable innovation and transparent sourcing UPM Biochemicals has announced that its new biorefinery in Leuna, Germany, has earned ISCC PLUS, PEFC, and FSC chain-of-custody certifications. These globally recognized certifications validate UPM’s commitment to sustainable sourcing, full traceability and transparency throughout its

Trade & Market

Vietnam, US Advance Toward Bilateral Trade Agreement In High-Level Talks

Textile Insights June 24, 2025

Vietnam and the United States have taken a significant step toward finalizing a reciprocal trade agreement, following a virtual ministerial-level meeting aimed at resolving key outstanding issues in the ongoing negotiations. The online session brought together Vietnam’s Minister of Industry and Trade Nguyen Hong Dien, US Secretary of Commerce Howard Lutnick, and US Trade

Event

HGH India Reveals 2025–26 Home Trend Report: ‘Emotion In Motion’

Textile Insights June 24, 2025

HGH India, the country’s leading trade show for home textiles, home décor, home furniture, houseware, and gifts, has launched its highly anticipated Home Fashion Trend Report for 2025–26, themed ‘Emotion in Motion.’ The signature report reaffirms HGH India’s role as a trend authority in the Indian home industry. Developed through deep design research and cultural […]

Corporates

Super Spinning To Sell Or Lease Elgi Towers Property

Textile Insights June 23, 2025

Super Spinning Mills Ltd has announced that its Board of Directors have approved a proposal to sell, lease, or otherwise dispose of its land and building located at ‘Elgi Towers’, Coimbatore. The move is subject to shareholder approval through a special resolution and compliance with Section 180(1)(a) of the Companies Act, 2013, and SEBI Listing […]

Corporates

Ishan Dyes Nears Completion Of Sulphur Derivatives Plant

Textile Insights June 23, 2025

Ishan Dyes and Chemicals Ltd. has informed that its upcoming project for manufacturing sulphur-based derivative products is in the final stages of completion and is expected to be operational within the next 2–3 months. The company stated that the new facility will complement its existing operations and open up new avenues for revenue and profitability. […]

Industry

ABFRL Scores 66 In NSE ESG Rating For FY24

Textile Insights June 23, 2025

Aditya Birla Fashion and Retail Ltd. (ABFRL) has been independently rated “66” for FY2024 by NSE Sustainability Ratings & Analytics Ltd., a SEBI-registered ESG Rating Provider. The rating, based on publicly available data, reflects ABFRL’s performance across environmental, social, and governance parameters. ABFRL did not engage NSE Sustainability for this assessment.

Corporates

Garware Sets Up Wholly-Owned Subsidiary In Norway

Textile Insights June 23, 2025

Garware Technical Fibres Ltd., has incorporated a wholly-owned subsidiary, Garware Technical Fibres AS (GTF AS), in Norway on June 17, 2025. With an initial capital of NOK 30,000 (~ Rs 2.46 lakh), GTF AS will take over the Company’s existing business operations in Norway on a going concern basis, aligning with Garware’s core technical textiles […]

Corporates

Suominen Announces Change In Executive Management Team

Textile Insights June 23, 2025

Suominen Corporation has announced a change in its Executive Management Team, effective August 1, 2025. Jonni Friman, Executive Vice President of the Transformation Management Office (TMO), will be leaving the company to explore new opportunities outside the organization. President & CEO Tommi Björnman expressed gratitude for Friman’s contributions, stating, “I want to