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

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 […]

Cotton

India’s Cotton Exports To Fall 47% In 2024-25: CAI

Textile Insights May 27, 2025

India’s cotton exports are expected to decline sharply to 15 lakh bales in the 2024-25 season (October-September), down from 28.36 lakh bales in the previous year, due to lower domestic output and cheaper Brazilian cotton in global markets, said the Cotton Association of India (CAI). CAI President Atul S. Ganatra noted that Brazilian cotton is […]

Financial Results

Trident Ltd Posts Strong Q4, Cuts Debt, Declares 50% Interim Dividend

Textile Insights May 25, 2025

Trident Ltd announced its financial results for the fourth quarter and full fiscal year ended March 31, 2025, demonstrating robust performance and significant debt reduction. The company reported Q4 revenue of Rs 1,883 crore, up 12% quarter-on-quarter and 11% year-on-year, while EBITDA rose 15% QoQ and 18% YoY to Rs 264 crore. Net debt was […]

Financial Results

TT Ltd Declares 5% Dividend After 3 Years; Posts Rs 215.86 Cr Turnover In FY25

Textile Insights May 25, 2025

TT Ltd has announced a 5% dividend for FY2024-25, marking its first shareholder payout in three years. The decision was made during the company’s board meeting held on May 21, 2025. The company reported a turnover of Rs 215.86 crore and a profit before tax (PBT) of Rs 10.09 crore. Net profit stood at Rs […]