Corporates

Walmart Appoints Shishir Mehrotra To Board Of Directors

Textile Insights January 12, 2026

Walmart Inc. has appointed Shishir Mehrotra, Chief Executive Officer of Superhuman, to its Board of Directors, effective today. Mehrotra will serve on the Compensation and Management Development Committee as well as the Technology and eCommerce Committee. “Our focus remains on serving customers

Corporates

Longsheng Acquires Full Control Of DyStar, Shareholder Disputes Resolved

Textile Insights January 12, 2026

Zhejiang Longsheng Group Co. Ltd., has acquired full ownership of global dyes and specialty chemicals major DyStar Group, following the successful completion of a share acquisition from KIRI Industries Ltd. The transaction, executed through court-appointed receivers Deloitte & Touche Financial Advisory Services Pte Ltd, was completed and closed on the same day. With

Corporates

ICRA: Textile Sector Seeks Tariff Resolution, MSME Support In Union Budget FY27

Textile Insights January 12, 2026

ICRA has highlighted key expectations from India’s textile industry ahead of the Union Budget FY2027, noting that the sector continues to face pressure from international tariff issues, intensified regional competition and a subdued export environment. According to Srikumar Krishnamurthy, Senior Vice President & Co-Group Head, Corporate Ratings at ICRA, the year 2025

Corporates

Textiles Committee And NEHHDC Sign MoU For GI-Based IPR Protection Of Traditional N-E Products

Textile Insights January 12, 2026

The Textiles Committee under the Ministry of Textiles, Government of India and the North Eastern Handloom and Handicraft Development Corporation (NEHHDC) have signed a Memorandum of Understanding (MoU) during the North Eastern Region Conclave in Guwahati, Assam. The partnership aims to safeguard the intellectual property of traditional products from the North-East through

Corporates

Santech Machinery Appointed Official Representative Of Hongyuan For DTY And ATY Machinery In India

Textile Insights January 9, 2026

The global synthetic yarn market is undergoing a significant transformation, driven by a growing demand for export-quality Draw Textured Yarn (DTY). International buyers are increasingly emphasizing yarn consistency, performance and finish, compelling manufacturers to upgrade from conventional production practices to advanced texturizing technologies. To meet these

Corporates

Mulungushi Textiles Nears Reopening After US$ 140 Million Upgrade

Textile Insights January 7, 2026

Zambia’s Minister of Commerce, Trade and Industry, Chipoka Mulenga, has announced that final preparations are underway to bring Mulungushi Textiles Limited in Kabwe back into operation, following a US$ 140 million investment in new machinery. The minister said the government, in collaboration with Mulungushi Textiles management, has procured and installed brand-new

Corporates

Turkish Firm Bonny Socks Plans US$ 70 Million Textile Factory In Egypt

Textile Insights January 6, 2026

Egypt is set to strengthen its textile manufacturing base as Turkish sock producer Bonny Socks moves forward with plans to establish a large-scale production facility in the country. Minister of Investment and Foreign Trade Hassan El-Khatib met with senior executives of Bonny Socks to review the proposed project, according to a statement from the ministry. […]

Corporates

Jaypore Expands Telangana Presence With Fifth Store Launch In Hyderabad

Textile Insights January 5, 2026

Jaypore, the artisanal lifestyle brand from the house of Aditya Birla Fashion and Retail Limited, has expanded its footprint in Telangana with the launch of its fifth store in Hyderabad. The new outlet is located at Lakeshore Gateway Mall, Kukkatpally, strengthening the brand’s presence in South India. Spanning 1,373 sq. ft. of carpet area, the […]

Corporates

Dr. Gurudas Aras Ranked Among Top 200 Global Business Voices On LinkedIn

Textile Insights January 5, 2026

Dr. Gurudas Aras, Strategic Advisor, Independent Director and Certified ESG Risk Analyst, has been recognised among the Top 200 Global Voices on LinkedIn defining business in 2025, securing an impressive global rank of 46. The recognition, announced by global LinkedIn influencer Antony Martini, highlights thought leaders whose insights and content have significantly

Corporates

RSWM Ends 2025 With Multiple Industry Accolades For Sustainability Leadership

Textile Insights January 5, 2026

RSWM Ltd closed the year on a strong note by winning multiple prestigious industry awards, reinforcing its position as a sustainability leader in India’s textile manufacturing sector. At the 3rd edition of SustainableNXT 2025, RSWM was conferred with the AR Choice Award for Sustainable Textile Manufacturer of the Year, recognising the company’s integrated approach to […]