Financial Results

Trident Reports Rs 1,678 Cr Revenue In Q3 FY25

Textile Insights January 29, 2025

The company is boosting sustainability with renewable energy projects Trident Limited, one of India’s largest vertically integrated manufacturers of textiles, paper, and chemicals, announced its financial results for the quarter ending December 31, 2024. The company demonstrated its commitment

Financial Results

Siyaram Reports Strong Q3 FY25 Results With Expansion Plans

Textile Insights January 29, 2025

Siyaram Silk Mills Ltd., one of India’s leading producers of blended high-fashion fabrics, garments, and apparel, has announced its financial results for the third quarter (Q3) and the nine months ending December 31, 2024. The company reported strong performance in Q3 FY25, highlighting both revenue growth and ongoing expansion plans that signal a promising future. […]

Financial Results

Rieter Sees 34% Surge In Order Intake Despite Sales Decline In 2024

Textile Insights January 29, 2025

Rieter recorded a significant 34% increase in order intake, reaching CHF 725.5 million in 2024, marking four consecutive quarters of year-on-year growth. However, total sales declined by 39% to CHF 859.1 million, primarily due to lower volumes in the Machines & Systems Division. The Machines & Systems Division saw the sharpest decline, with sales falling […]

Corporates

Mafatlal Industries Marks 120 Years Of Excellence And Innovation

Textile Insights January 27, 2025

Mafatlal Industries Ltd, a cornerstone of the Indian textile industry, celebrates an extraordinary milestone -120 years of legacy, resilience and excellence. At a commemorative event held at the Nadiad plant, the occasion honoured four generations of visionaries who have laid a solid foundation for the company’s success. A newly inaugurated experience centre showcased the

Sustainability

Textile PRO Forum Launched To Harmonize EPR Schemes Across Europe

Textile Insights January 27, 2025

In a major step towards streamlining Extended Producer Responsibility (EPR) for textiles and footwear across Europe, leading Producer Responsibility Organizations (PROs) and business associations launched the Textile PRO Forum. This voluntary initiative aims to harmonize practices and share insights for the efficient implementation of textile EPR systems across EU member

Industry

CMAI Presents Budget Recommendations To Strengthen India’s Garment Sector

Textile Insights January 27, 2025

The Clothing Manufacturers Association of India (CMAI) has submitted key recommendations to the Union Government in anticipation of the Union Budget 2025-26, aiming to bolster the growth and sustainability of India’s vital garment sector. The garment industry, a significant contributor to India’s economy, employs over 11 million people, predominantly in the MSME sector,

Industry

AP Boosts Sircilla Textile Industry With Rs 650 Crore Orders For 1.30 Crore Sarees

Textile Insights January 27, 2025

The Andhra Pradesh government has taken a significant step to support the Sircilla textile industry by placing large-scale orders for sarees under the Indira Mahila Shakti Sarees Scheme. Tesco General Manager Ashok Rao handed over the saree production orders to self-help group (SHG) members during a meeting held at the Rajanna Sircilla district collectorate on […]

Event

LCAS-2025: Pioneering Life Cycle Assessment In India’s Technical Textiles

Textile Insights January 27, 2025

The Life Cycle Assessment Summit (LCAS-2025), organized by SASMIRA, concluded successfully on January 9–10, 2025, at SASMIRA, Worli, Mumbai. The two-day event marked a significant milestone in promoting Life Cycle Assessment (LCA) practices in India’s technical textiles sector, emphasizing sustainability and global competitiveness. Sanjay Savkare, Minister of Textiles,

Corporates

Chhattisgarh Govt Partners With CMAI To Boost India’s Apparel Industry

Textile Insights January 27, 2025

In a major step to strengthen India’s garment and textile sector, the Government of Chhattisgarh has joined hands with the Clothing Manufacturers Association of India (CMAI) as a partner state. This collaboration is set to leverage the state’s progressive textile policy to drive growth, attract investments and create employment opportunities in the apparel industry. A […]

Sustainability

SHEIN Partners With Donghua University To Develop Innovative Polyester Recycling Process

Textile Insights January 27, 2025

SHEIN, the global online fashion retailer, has achieved a significant milestone in its evoluSHEIN strategy by developing an innovative polyester recycling process in collaboration with Donghua University, a leading research institute specializing in textile innovation. This multi-year partnership aims to address sustainability challenges by expanding the range of materials