Corporates

Dhananjay Bauchkar Elevated To VP – Business Development At Indokem

Textile Insights September 16, 2026

Dhananjay Bauchkar has been elevated to Vice President – Business Development at Indokem Limited, where he will focus on strengthening the company’s domestic and international business and driving new growth opportunities. Bauchkar brings more than 17 years of experience across textile

Corporates

Trent’s Zudio Crosses 1,000-Store Milestone In India

Textile Insights September 16, 2026

Trent’s value-fashion brand Zudio has crossed the 1,000-store milestone in India, marking a major expansion nearly a decade after its launch in 2016. The brand now operates across more than 300 cities and has served over 100 million customers, reinforcing the growing demand for organised value-fashion retail beyond India’s major metropolitan markets. Zudio had 963 […]

Corporates

Greenwave Circularity Secures US$ 31.5M For Odisha PET Recycling Plant

Textile Insights September 16, 2026

Greenwave Circularity has secured a US$31.5 million loan from Austria’s Development Bank (OeEB) to develop a PET recycling facility in Odisha with an annual processing capacity of 42,000 tonnes of plastic waste. The financing is backed by a 60% guarantee from the European Union’s European Fund for Sustainable Development Plus (EFSD+) and the Austrian Ministry […]

Corporates

Dr Gurudas Aras Appointed To ITTA Advisory Board

Textile Insights September 14, 2026

Dr Gurudas Aras has been appointed as a member of the Advisory Board of the Indian Technical Textile Association (ITTA). Aras was felicitated during ITTA’s Annual General Meeting held on September 12, where the association recognised his appointment and contribution to the technical textiles sector. A veteran textile industry professional with extensive experience in

Corporates

Sumeet Industries Commences 40 TPD FDY Production, Capacity Rises To 160 TPD

Textile Insights September 14, 2026

Sumeet Industries Ltd has commissioned new Fully Drawn Yarn (FDY) lines with an additional production capacity of 40 tonnes per day, taking its total FDY capacity to 160 tonnes per day from 120 tonnes per day. The Surat-based polyester manufacturer said the new FDY lines have commenced commercial operations following successful trial runs initiated from […]

Corporates

IOCL, MCPI Sign JV For Rs 5,000-Crore Polyester Yarn Project In Odisha

Textile Insights September 12, 2026

Magma Chemicals & Polymers India (MCPI) and Indian Oil Corporation (IOCL) have signed a joint venture agreement to develop a Rs 5,000-crore polyester yarn manufacturing facility at Bhadrak in Odisha, moving the project closer to implementation nearly two years after it received IOCL Board approval. The agreement was signed at IOCL’s Refinery Headquarters by Debi

Corporates

Ankur Kohli Joins Raymond Lifestyle As Head – Business Development

Textile Insights September 11, 2026

Ankur Kohli has joined Raymond Lifestyle as Head – Business Development, Lifestyle Brands, bringing 16 years of experience with Bata India across retail real estate, business development and network expansion. Kohli joins Raymond Lifestyle at a time when the company is reshaping its retail footprint across brands and markets, with a focus on improving store […]

Corporates

Subnesh Tomar Joins Trident Group As Chief Manufacturing Officer

Textile Insights September 11, 2026

Subnesh Singh Tomar has been appointed Chief Manufacturing Officer – Operations at Trident Group India, returning to the company after building more than two decades of experience in textile manufacturing and operations. Tomar brings extensive experience in spinning, production, quality, productivity improvement, cost optimisation and operational excellence. His expertise

Corporates

Rungta Greentech Raises Fresh Growth Capital In Second Investment Round

Textile Insights September 11, 2026

Rungta Greentech, a manufacturer of recycled and virgin plastic products, has raised fresh growth capital from an alternative investment fund (AIF) managed by Mumbai-based 360 One Asset, along with a group of co-investors. The investment marks the company’s second round of funding and follows an earlier investment led by Ratnabali Group and other co-investors, according

Corporates

Inthing Expands Global Footprint With Integrated Manufacturing And Supply-Chain Capabilities

Textile Insights September 9, 2026

Homegrown fashion and apparel company Inthing is expanding into global markets as it enters the next phase of its growth, leveraging more than six decades of experience in textile manufacturing, supply chain and distribution. Founded in 1958, Inthing has evolved from a fabric trading and textile manufacturing business into an integrated fashion and apparel enterprise. […]