Corporates

Solena Materials Raises US$ 6.7 Million To Scale Up Sustainable Protein Fibre Production

Textile Insights May 9, 2025

Solena Materials, a biomaterials company pioneering the development of high-performance, sustainable protein fibres for clothing, has raised $6.7 million in a seed funding round. The investment is backed by Sir David Harding, SynBioVen, and Insempra. Founded in 2022 as a spinout from Imperial

Corporates

Alok Industries Partners With Rieter India For Complete Compact Spinning System To Boost Yarn Quality And Efficiency

Textile Insights May 9, 2025

Strategic modernization initiative strengthens Alok’s commitment to world-class manufacturing Alok Industries Ltd, a leading name in India’s textile sector and backed by Reliance Industries Ltd., has entered into a strategic agreement with Rieter India Pvt. Ltd. for the supply and installation of a complete compact spinning system. The signing ceremony took place in

Corporates

NITRA and CSIR-NBRI Sign MoU To Explore Milkweed As Sustainable Textile Fibre

Textile Insights May 9, 2025

The Northern India Textile Research Association (NITRA), Ghaziabad, has signed a Memorandum of Understanding (MoU) with the CSIR–National Botanical Research Institute (NBRI), Lucknow, to explore the potential of milkweed (Asclepias) as a sustainable natural fibre for the textile industry. Announced in the presence of Union Minister of Textiles Giriraj Singh, the

Corporates

Alok Industries Invests In Rieter’s Compact-Spinning System

Textile Insights May 7, 2025

Alok Industries Ltd., a leading textile manufacturer in India, has selected Rieter’s state-of-the-art compact-spinning solution to enhance its yarn manufacturing operations. The strategic investment highlights Alok’s commitment to innovation, automation, and quality in textile production. The comprehensive system includes fiber and spinning preparation units, combing sets

Corporates

Rieter To Acquire Barmag For CHF 713 Million

Textile Insights May 6, 2025

Rieter has signed a definitive agreement to acquire Barmag, a division of OC Oerlikon, for an upfront equity purchase price of CHF 713 million. This strategic acquisition will position Rieter as a global leader in both natural and manmade fiber technologies and significantly accelerate the company’s growth strategy. Barmag, a global market leader in equipment […]

Corporates

Reliance Industries Wins Trademark Battle Over Vimal Brand

Textile Insights May 2, 2025

Gujarat High Court Bars Ludhiana Firm from Using ‘Vimal’ Name on Apparel In a key legal victory for Reliance Industries Limited (RIL), the Gujarat High Court has barred Ludhiana-based Jaipal Gaba and his firm Mack Hosiery from using the ‘Vimal’ trademark, reaffirming RIL’s exclusive rights to the iconic brand. The decision upholds a prior order […]

Corporates

Rieter AGM: All Proposals Passed, CHF 2 Dividend Approved

Textile Insights May 1, 2025

Rieter Holding Ltd. held its 134th Annual General Meeting on April 24, 2025, with 337 shareholders representing 67.3% of the share capital in attendance. All motions proposed by the Board of Directors were approved. Shareholders endorsed a dividend of CHF 2.00 per share for the 2024 financial year, scheduled for payment on April 30, 2025. […]

Corporates

CMAI And Chhattisgarh Govt Sign MoU To Boost Textile Sector In Raipur

Textile Insights April 24, 2025

The Clothing Manufacturers Association of India (CMAI) has signed an MoU with the Chhattisgarh Government to establish a Textile & Apparel Facilitation Centre in Raipur, in the presence of Hon’ble Chief Minister Shri Vishnu Deo Sai, during the FAB Show 2025 in Mumbai. This strategic partnership aims to boost textile investments, support MSMEs, generate employment, […]

Corporates

T.T. Brand Joins Elite List Of Well-Known Trademarks In India

Textile Insights April 24, 2025

In a landmark recognition of its legacy and impact, T.T. Brand, one of India’s oldest and most widely distributed innerwear and clothing brands, has been officially accorded “Well-Known Trademark” status by the Indian Trade Marks Registry. The announcement was made in the Trade Mark Journal dated April 14, 2025. T.T. now joins an exclusive club […]

Corporates

EURATEX And FTTH Sign Mou To Strengthen Euro-Mediterranean Textile Collaboration

Textile Insights April 24, 2025

Euro-Mediterranean industrial ties, EURATEX (European Apparel and Textile Confederation) and FTTH (Fédération Tunisienne du Textile et de l’Habillement) have signed a Memorandum of Understanding (MoU) in Monastir, Tunisia. The agreement aims to boost cooperation in sustainability, investment, and trade under the updated Pan-Euro-Mediterranean Convention. The signing took