Corporates

Suditi Industries Acquires Iconic Children’s Wear Brand Gini & Jony

Textile Insights November 25, 2024

Suditi Industries has acquired Gini & Jony, a renowned children’s wear brand with a 44-year legacy in India. This strategic acquisition aligns with Suditi’s vision to lead the kids’ wear segment by leveraging its advanced manufacturing capabilities, efficient supply chain and

Corporates

Ravi Bhargava Appointed CEO Of Apparel & Fabrics Division At Alok Industries

Textile Insights November 25, 2024

Alok Industries Ltd has announced the appointment of Ravi Bhargava as the Chief Executive Officer of its Apparel & Fabrics Division. Bringing over three decades of experience in the apparel industry, Bhargava has demonstrated exemplary leadership in various challenging roles. His impressive career includes serving as CEO at Matrix Design and Industries Private Limited

Corporates Textile Print

Nanjing Chemical Fiber Announces Private Placement Of CNY 500 Million

Textile Insights November 25, 2024

On November 15, 2024, Nanjing Chemical Fiber Co. Ltd announced a private placement to issue A shares, aiming to raise CNY 500 million. The placement will involve up to 35 specific investors, including a CNY 100 million contribution from returning investor Nanjing New Industrial Investment Group Co. Ltd. The proposal was approved during the 14th […]

Corporates

Murugappa Group To Acquire Hubergroup For US$ 310 Million

Textile Insights November 19, 2024

Chennai-based Murugappa Group has finalized an agreement to acquire Hubergroup, a German specialty chemicals firm, for an enterprise value of US$ 310 million. The acquisition, which includes an equity infusion of US$ 150 million from Murugappa and US$ 160 million for debt refinancing, marks a strategic move to strengthen the group’s presence in the global […]

Corporates

A.T.E. Partners With UNITEX To Boost Circular Knitting Machine Market In India

Textile Insights November 13, 2024

A.T.E. and UNITEX are collaborating to leverage their unique strengths within the textile sector, with the shared goal of increasing the presence of circular knitting machines in India. UNITEX TEXMAC PTE LTD, commonly referred to as UNITEX, has established a solid reputation across all scales of knit production—from small job knitters to major textile corporations. […]

Corporates

Maksteel Wire Wins GIDA’s ‘Best SME Of The Year’ Award

Textile Insights November 11, 2024

Maksteel Wire Healds Pvt Ltd has been honoured with the prestigious Gujarat Business Excellence Award under the category of Best SME of the Year – Manufacturing (Stainless Steel Sector). The award, initiated by the Gujarat Industry Development Association (GIDA), recognizes Maksteel’s remarkable achievements and outstanding contributions to the manufacturing sector. The

Corporates

Birla Cellulose And Circ Announce Strategic Partnership To Accelerate Scaling Textile Recycling Innovation

Textile Insights November 11, 2024

Strategic collaboration aims to drive growth of and access to recycled fibres Birla Cellulose, the cellulosic fibres business of the Aditya Birla Group and one of the world’s leading Man-Made Cellulosic Fibre (MMCF) producers through its flagship company Grasim Industries Ltd, and Circ, a US-based textile-to-textile recycling innovator, have announced a long-term strategic

Corporates

Liva Reviva Collaborates With Ka-Sha For New Line ‘Roz’

Textile Insights November 11, 2024

‘Roz’ collection by Ka-Sha features Liva Reviva’s sustainable, plant-based fabrics for everyday elegance In today’s dynamic fashion landscape, sustainability is no longer just a buzzword—it’s a necessity. As the textile industry faces increasing scrutiny over its environmental impact, brands like Liva Fabrics, made from renewable plant-based fibres, are taking the lead by

Corporates

VJTI Opens Upgraded Chemistry Department With Rs 1 Cr Donation

Textile Insights November 11, 2024

Veermata Jijabai Technological Institute (VJTI) celebrated a major milestone with the inauguration of its newly renovated Department of Technical and Applied Chemistry. The upgraded facilities, featuring state-of-the-art chemical engineering labs and modernized faculty spaces, mark a significant step in VJTI’s mission to become a global leader in technical education. The

Corporates

Freudenberg Group Inaugurates Advanced Manufacturing Facilities In Morinda

Textile Insights November 10, 2024

Germany-based global technology conglomerate Freudenberg Group has officially inaugurated two state-of-the-art manufacturing facilities in Morinda, encompassing a total built-up area of 40,700 sq. metres. These facilities, operated by Freudenberg-NOK India Pvt. Ltd. (FNI) and Vibracoustic India, consolidate the company’s operations from its previous plants in Basma and