Corporates

Swapnil Karnik Joins Alok Industries As Business Head – Bed Linen

Textile Insights August 17, 2026

Alok Industries has appointed Swapnil Karnik as Business Head – Bed Linen, strengthening its leadership team for the company’s home textiles business. Karnik brings more than 24 years of experience in the home textile industry, with a career spanning international sales, business development,

Corporates

Retail Veteran Vineet Jain Joins Reliance Retail As COO – Fashion & Lifestyle

Textile Insights August 17, 2026

Retail veteran Vineet Jain has joined Reliance Retail’s Fashion & Lifestyle business as Chief Operating Officer (COO), moving from V-Mart Retail, where he held a leadership position. Jain brings nearly 30 years of experience in the retail sector, with leadership stints at V-Mart Retail, Future Group and Vishal Retail. During his tenure at V-Mart, he […]

Financial Results

Page Industries Reports 7.9% Revenue Growth In Q1 FY27

Textile Insights August 17, 2026

Page Industries Limited, India’s leading apparel manufacturer and exclusive licensee of Jockey and Speedo in India, reported a 7.9% year-on-year growth in revenue for the first quarter ended June 30, 2026. The company posted revenue of Rs 14,204 million in Q1 FY27, while sales volume increased 5.7% YoY to 61.2 million pieces, reflecting sustained consumer […]

Technical Textile & Nonwoven

Govt Approves Rs 13.65 Crore For 31 Technical Textile Start-ups

Textile Insights August 17, 2026

The Government of India has approved Rs 13.65 crore in funding for 31 start-ups developing innovative technical textile technologies for applications across healthcare, defence, aerospace, sports and sustainability. Minister of State for Textiles Pabitra Margherita, in a written reply to a question in the Lok Sabha, said the 31 projects have been approved at a […]

Event

Handloom Hackathon 2026 Showcases Innovation To Transform India’s Handloom Sector

Textile Insights August 14, 2026

The Handloom Hackathon 2026, a nationwide innovation initiative organized by the Office of the Development Commissioner for Handlooms under the Ministry of Textiles, concluded successfully at the Research and Innovation Park, IIT Delhi. Conceptualized by ThinkStartup, the competition attracted over 2,500 participants, with 280 finalists from the top 100 shortlisted teams

Economy

Welspun Living Posts Strongest Growth In Seven Quarters, Revenue Jumps 23.5%

Textile Insights August 14, 2026

Welspun Living Ltd. (WLL) reported its strongest quarterly growth in seven quarters, driven by robust export demand, strong domestic performance and improving profitability across key business segments. For the quarter ended June 30, 2026, the home textiles major reported revenue of ₹2,828 crore, registering a 23.5% year-on-year growth and a 15.4% sequential increase.

Corporates

Elite Secures Multi-Year LOI From Leading Global Sports Brand For Recycled PET Resin

Textile Insights August 14, 2026

Ester Loop Infinite Technologies Private Limited (ELITe), the 50:50 joint venture between Ester Industries Limited and Loop Industries, has secured a significant commercial commitment with a leading global sports and athletic brand for the supply of Loop™ PET Fiber Grade resin. Under a multi-year Letter of Intent (LOI) signed by Loop Industries, the global brand […]

Industry

Shriram Finance Launches Shri Sampark For Textile Growth

Textile Insights August 13, 2026

Shriram Finance Limited has launched Shri Sampark, a dedicated initiative aimed at supporting and accelerating the growth of Telangana’s garment and textile sector through knowledge sharing, industry engagement and improved access to finance. The programme, held in Hyderabad, brought together representatives from more than 100 textile and garment companies from

Financial Results

Meenakshi India Plans To Double Apparel Capacity By FY30, Q1 PAT Surges 153%

Textile Insights August 13, 2026

Meenakshi India Ltd plans to more than double its apparel manufacturing capacity to 38 lakh pieces by FY30 from around 18 lakh pieces currently, backed by a phased capital expenditure of ₹40-50 crore, as the company positions itself to benefit from the ongoing shift in global sourcing towards India. The company intends to add two […]

Event

Gartex Texprocess India 2026 Draws Over 15,000 Visitors

Textile Insights August 13, 2026

Gartex Texprocess India 2026, incorporating the Denim Show, concluded on a successful note, drawing 15,079 visitors and facilitating strong business engagement across the garment, textile and denim manufacturing value chain. The three-day exhibition brought together more than 190 exhibitors, including over 40 first-time participants, showcasing the latest advancements in