Corporates

Prashant India Completes Sale Of Textile Division Land & Building In Palsana

Textile Insights July 20, 2025

Prashant India Ltd has officially completed the sale of its industrial land and building belonging to its textile division located at Palsana, Gujarat. The asset was sold to Shantilon Poly Pvt. Ltd., a Surat-based entity. The total transaction value was Rs 10 crore, out of which Rs 1 crore was

Corporates

Lululemon Renews Global Advisory Board To Advance Mental Wellbeing

Textile Insights July 18, 2025

Lululemon has renewed its Mental Wellbeing Global Advisory Board for the 2025–26 term, reinforcing its commitment to holistic wellbeing. The move follows the 2024 Global Wellbeing Report, which revealed mental wellbeing has remained stagnant for four years, with 44% of people citing societal pressures as a key challenge. Chaired by Susan Gelinas, Lululemon’s Chief People

Corporates

Aarti Jhunjhunwala Honoured For Leadership In Textile Chemicals Industry

Textile Insights July 18, 2025

Aarti Jhunjhunwala, Executive Director at Fineotex Chemical Limited, has been honoured by the Textile Commissioner, Roop Rashi Mahapatra, and the Bharat Merchants’ Chamber for her exemplary contribution to modernising the textile chemicals sector. As a second-generation leader, Jhunjhunwala expressed deep gratitude for the recognition, dedicating the award to her

Corporates

Brückner Opens New Subsidiary In Coimbatore

Textile Insights July 18, 2025

Brückner Textile Technologies, headquartered in Leonberg, Germany, has announced the opening of its new subsidiary, Brückner Textile India Pvt. Ltd., in Coimbatore, Tamil Nadu. This strategic move marks a significant milestone in the company’s longstanding global expansion and deepens its commitment to the Indian textile industry. With this new entity, Brückner aims to

Corporates

Girnar Spintex To Expand And Modernize Textile Facility

Textile Insights July 17, 2025

Girnar Spintex Industries has received board approval for a comprehensive plan to expand and modernize its existing composite textile facility. The initiative aims to boost production efficiency, integrate advanced technologies, and align operations with future business needs. The company announced that the expansion and modernization will be carried out in a phased

Corporates

Multiples Consortium To Acquire Controlling Stake In VIP Industries

Textile Insights July 17, 2025

VIP Industries Limited has announced that its promoters, Dilip Piramal and family, have entered into a definitive agreement to sell up to a 32% stake in the company to the Multiples Consortium. The deal will trigger an open offer as per SEBI Takeover Regulations and will result in a change of control at VIP Industries. […]

Corporates

H&M Move And Zlatan Ibrahimović Launch Performance-Driven Training Collection

Textile Insights July 13, 2025

H&M Move has unveiled a dynamic new men’s training collection in collaboration with global football icon Zlatan Ibrahimović. Known for his power, discipline and passion for movement, Zlatan has co-created the collection alongside H&M Move’s design team, infusing it with his signature style and performance standards. “H&M Move understands what I want strong,

Corporates

Groz-Beckert And Klüber Lubrication Partner To Optimize Knitting Oil Performance

Textile Insights July 13, 2025

Groz-Beckert has announced a successful collaboration with Klüber Lubrication, focusing on the rigorous testing of Klüber’s knitting oils at the Groz-Beckert Technology and Development Center (TEZ). The partnership aimed to evaluate the oils’ performance and energy efficiency directly on Groz-Beckert’s knitting machines. The joint testing initiative was conducted

Corporates

Luwa Marks 90 Years Of Air Engineering Excellence

Textile Insights July 13, 2025

Luwa Air Engineering, a pioneer in textile and industrial air engineering, is celebrating its 90th anniversary in 2025. Founded in 1935 in Zürich, Switzerland, by Hans and Walter Bechtler, Luwa began as a manufacturer of oil- and coal-burning systems, with its name derived from the German words Luft und Wärme, air and heat. Over nine […]

Corporates

BASF Becomes Sole Owner Of Alsachimie Joint Venture

Textile Insights July 13, 2025

BASF has acquired DOMO Chemicals’ 49% stake in the Alsachimie joint venture, becoming the sole owner of the PA 6.6 precursor production facility in Chalampé, France. Financial terms of the deal remain undisclosed. With full control of Alsachimie, BASF strengthens its European polyamide 6.6 operations and secures backward integration into key raw materials such as […]