Corporates

BASF To Establish Global Digital Hub In Hyderabad

Textile Insights February 9, 2026

Multinational chemical major BASF plans to establish a global Digital Hub in Hyderabad by the first quarter of 2026, further strengthening its expanding network of digital centres across Europe and the Asia-Pacific region. The new facility is expected to play a key role in reinforcing the

Corporates

Fiberweb Bags Rs 8 Crore US Export Orders After Tariff Cut

Textile Insights February 5, 2026

Fiberweb (India) Ltd., a pioneer in the nonwoven fabric industry and a 100% Export Oriented Unit (EOU), has reported a sharp rise in export orders following the recent announcement of a trade deal between India and the United States. According to the company, the development comes in the wake of a reduction in US reciprocal […]

Corporates

Lenzing Takes Majority Stake In TreeToTextile

Textile Insights February 2, 2026

Lenzing Group has acquired a controlling majority stake in Swedish innovation company TreeToTextile AB, marking a strategic milestone in the development and industrialisation of next-generation, sustainable cellulosic fibres. The transaction was executed through the issuance of new shares. With this step, Lenzing strengthens its position as a leading global provider of

Corporates

Rieter Completes Acquisition Of Barmag

Textile Insights February 2, 2026

Rieter has successfully completed the acquisition of Barmag, effective February 2, 2026, marking a strategically significant milestone for the group. With this acquisition, Rieter becomes the world’s leading system provider for both natural and synthetic fibres. Barmag will be fully consolidated into the Rieter Group from February 2, 2026, and will operate as the group’s

Corporates

Seiko Epson Ranked 6th In Clarivate Top 100 Global Innovators 2026

Textile Insights February 1, 2026

Seiko Epson Corporation, has been named 6th in the Clarivate Top 100 Global Innovators 2026, maintaining its position from last year. This marks the 13th time Epson has appeared on the list since its launch in 2012. The award recognizes companies demonstrating sustained innovation performance through high-quality patents and global invention activity. Clarivate assesses

Corporates

Aditya Birla Fashion & Retail Announces Change In Senior Management

Textile Insights February 1, 2026

Aditya Birla Fashion and Retail Ltd (ABFRL) has announced a change in its senior management team. Anant Kumar Daga, CEO of the TCNS Division, has resigned from the company effective April 30, 2026, citing personal reasons. Following his departure, Sooraj Bhat, currently CEO – Ethnic Business, will take on additional responsibility for the TCNS Division […]

Corporates

On Holding Appoints Frank Sluis As Chief Financial Officer

Textile Insights February 1, 2026

On Holding AG, the global premium sportswear brand, has announced the appointment of Frank Sluis as Chief Financial Officer, effective May 1, 2026. Sluis brings more than 25 years of international finance leadership experience across major consumer businesses. Most recently, he served as CFO for Europe & Indonesia at Ahold Delhaize, where he oversaw financial […]

Corporates

Kelheim Fibres To Close By March 2026

Textile Insights February 1, 2026

Kelheim Fibres GmbH has announced that it will terminate business operations as of March 31, 2026, following an unsuccessful attempt to secure a strategic investor. Despite restructuring efforts and support from many customers, the company was unable to secure sufficient orders to ensure an economically viable continuation. A key potential investor withdrew at short notice

Corporates

Sangam India Acquires 49% Stake In Hybrid Renewable Power Project

Textile Insights February 1, 2026

Sangam (India) Ltd has entered into a share purchase agreement to acquire a 49% equity stake in Clean Max Kenai Pvt Ltd, a renewable energy company, as part of its strategy to expand captive green power capacity for its Rajasthan-based manufacturing operations. The acquisition, disclosed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, […]

Corporates

Eurofins CPT Lanka Signs MoU With Sri Lanka Apparel Exporters Association

Textile Insights February 1, 2026

Eurofins Consumer Product Testing Lanka Pvt Ltd has signed a Memorandum of Understanding (MoU) with the Sri Lanka Apparel Exporters Association (SLAEA) to strengthen testing, sustainability and capability development across the country’s apparel sector. The MoU was signed on Thursday, January 29, 2026, in Colombo, by Rajitha Jayasuriya, Chairperson of SLAEA and Dr Karthik