Corporates

Picanol To Unveil Next-Generation OmniPlus-i Connect At ITMA ASIA + CITME 2025

Textile Insights October 6, 2025

Picanol is set to showcase its next-generation OmniPlus-i Connect airjet weaving machine for the first time at ITMA ASIA + CITME, Singapore 2025. The launch marks a major milestone in airjet weaving technology, reinforcing Picanol’s commitment to innovation and performance-driven solutions for

Corporates

BASF Appoints Wojciech Kulma As MD For South Africa

Textile Insights October 6, 2025

BASF in South Africa has appointed Wojciech Kulma as its new Managing Director, effective October 1, 2025. The leadership change is aligned with BASF’s Winning Ways strategy, which emphasizes value creation, customer proximity and performance-driven transformation across Southern Africa. Kulma brings more than 25 years of international experience within BASF, having held

Corporates

Rajiv Ranjan Re-Elected President Of The Textile Association (India), Mumbai Unit

Textile Insights October 6, 2025

The Textile Association (India), Mumbai unit, held its 74th Annual General Body Meeting, with strong member participation. Rajiv Ranjan was unanimously re-elected as President, and R. R. Patil as Vice President for the term 2025–26 to 2028–29. The Managing Committee and Governing Council also appointed the following office bearers: President Emeritus: C. Bose, Chairman: V.

Corporates

Borana Weaves Commissions 108 Additional Looms

Textile Insights October 6, 2025

Borana Weaves Ltd., one of India’s leading producers of synthetic greige fabric, has commissioned 108 additional looms at its Unit 4, three months ahead of the proposed December schedule. The new capacity, part of a Rs 71.35 crore capex funded through IPO proceeds, brings the total number of water jet looms at Unit 4 to […]

Corporates

Flipkart To Exit Aditya Birla Lifestyle Stake In Rs 950 Crore Block Deal

Textile Insights October 6, 2025

Flipkart Investments is set to offload its entire 6% stake in Aditya Birla Lifestyle Brands Ltd (ABLBL) through block deals valued at around Rs 950 crore. The transaction will involve the sale of 7.3 crore shares at a base price of Rs 130 per share. The divestment marks one of the largest exits by a […]

Corporates

A.T.E. Partners With STC Spinnzwirn To Bring World-Class Products To India And South Asia

Textile Insights October 6, 2025

A.T.E. Enterprises Pvt. Ltd., a leader in India’s textile value chain, has entered into a strategic partnership with STC Spinnzwirn GmbH, a German manufacturer of advanced textile machinery, effective September 1, 2025. Under the agreement, A.T.E. will act as the official partner to promote STC Spinnzwirn’s world-class products in India, Bangladesh, Sri Lanka and Nepal.

Corporates

Indorama Ventures Champions Systemic Change In Textiles At Lisbon Conference

Textile Insights October 3, 2025

Indorama Ventures Public Company Limited, a global sustainable chemical company, is set to participate in the Textile Exchange Conference in Lisbon from October 13-17, joining leading brand owners, technology providers, weavers, and knitters under the theme Shifting Landscapes. The company aims to drive systemic change across the textile value chain by promoting

Corporates

Rieter Holding Completes Rights Issue To Finance Barmag Acquisition

Textile Insights October 3, 2025

Rieter Holding Ltd. announced the successful result of its rights issue, with 99.06% of subscription rights validly exercised by the close of the subscription period on October 1, 2025, at 12 noon CEST. The remaining 1,092,450 shares will be offered for sale on the market. The company’s two largest shareholders, Peter Spuhler (via PCS Holding […]

Corporates

LYCRA Names New COO And EVP To Boost Innovation

Textile Insights September 29, 2025

The LYCRA Company, a global leader in fibre and technology solutions for apparel and personal care, has announced two key leadership appointments to accelerate innovation and growth. Robert Johnston has been promoted to Chief Operating Officer, while Doug Kelliher has joined as Executive Vice President, Product. Both executives report directly to CEO Gary Smith and […]

Corporates

AB Cotspin Secures Rs 18 Crore Cotton Yarn Order

Textile Insights September 26, 2025

A B Cotspin India Ltd., a leading textile manufacturer with over 25 years of expertise, has announced an order worth around Rs 18 crore for 712 MT of cotton yarn, to be executed within two months. The deal further strengthens the company’s position as a trusted supplier of cotton yarn, knitted fabrics, and eco-friendly products. […]