Corporates

Adani Group Partners With Indorama For Petrochemical Growth In Gujarat

Textile Insights January 24, 2025

The Adani Group, led by billionaire Gautam Adani, has entered the petrochemical sector through a strategic partnership with Thailand’s Indorama Resources Ltd. Together, they have established Valour Petrochemicals Ltd. (VPL), a joint venture aimed at building a strong presence in the refinery,

Corporates

PurFi Global And Arvind Ltd Unveil Plans To Scale Up Circularity Facility In Gujarat

Textile Insights January 21, 2025

PurFi Global, a leader in textile rejuvenation technology, and Arvind Ltd, a global textile manufacturing giant, have unveiled plans to scale up operations with a state-of-the-art textile circularity facility in Gujarat, India. This initiative aims to support global retailers’ sustainability goals by producing rejuvenated fibres for fashion apparel and accessories,

Corporates

Trident Group Acquires Entire Stake in THTL Trading L.L.C.

Textile Insights January 20, 2025

Trident Group Enterprises Pte. Ltd., a wholly owned subsidiary of Trident Ltd, has acquired the entire shareholding of THTL Trading L.L.C., a limited liability company incorporated in Dubai, UAE, on January 14, 2025. The acquisition, valued at AED 38,500, is a strategic move to diversify and expand Trident’s global operations and explore future business

Corporates

Alfredo Ferre Appointed To Textile Exchange Governance Board

Textile Insights January 20, 2025

Alfredo Ferre, Chief Product, Innovation, and Sustainability Officer at Recover, has been appointed to the Textile Exchange Governance Board. With over 30 years of experience in the textile industry, Alfredo is recognized for his expertise in textile recycling and his dedication to advancing sustainability and innovation within the sector. In his new role, Alfredo will

Corporates

Marvin Beyer Jr. Elected Chairman Of Cotton Incorporated

Textile Insights January 20, 2025

Marvin Arthur Beyer Jr., a cotton grower from Taft, Texas, was elected Chairman of the Board of Cotton Incorporated at the joint meeting of the Cotton Board and Cotton Incorporated in December 2024. Beyer’s two-year term as Chairman will begin in 2025, following a distinguished career and commitment to the cotton industry. “Marvin embodies the […]

Corporates

ABFRL Announces US$ 500 Mn Equity Raise Through Preferential Issue and QIP

Textile Insights January 16, 2025

The board of Aditya Birla Fashion and Retail Limited (ABFRL), in its meeting, approved raising US$ 500 Mn through a combination of preferential issuance and Qualified Institutional Placement (QIP) of equity shares. The preferential issuance of US$ 275 Mn will include investments of US$ 150 Mn from the promoter group and US$ 125 Mn from […]

Corporates

Trident Group Launches Karamyogi Recruitment Drive To Hire 3,000 Skilled Individuals Across India

Textile Insights January 16, 2025

Trident Group, a global conglomerate, has announced the launch of its Karamyogi Recruitment Drive, aiming to hire 3,000 skilled individuals across India. This initiative underscores the company’s commitment to fostering an inclusive and empowered community while contributing to the socio-economic development of the nation as part of its vision for Viksit Bharat. The

Corporates

Siemens And Spinnova Partner For Sustainable Textile Innovation

Textile Insights January 12, 2025

Siemens, a global technology leader, has joined forces with Spinnova, a trailblazer in sustainable textile technology, to transform the textile industry through innovative and eco-friendly fiber production. This partnership aligns with Siemens’ strategic commitment to advancing sustainability and digitalization in manufacturing. Driving Sustainability with Siemens

Corporates

Epic Group And Creative Group Forge Rs 500 Crore Apparel JV In India

Textile Insights January 12, 2025

Epic Group and Creative Group have entered a strategic partnership to reshape the Indian apparel business landscape. The collaboration was formalized with the signing of a non-binding Memorandum of Understanding (MOU), signaling the start of an extensive joint business planning initiative. The joint venture involves a significant potential investment of ₹500 crores

Corporates

Kornit Digital Appoints Peter Alderath As GM For DACH And Benelux Regions

Textile Insights January 12, 2025

Kornit Digital Ltd., a global leader in sustainable, on-demand digital fashion and textile production technologies, has announced the appointment of Peter Alderath as General Manager (GM) for the DACH (Germany, Austria, Switzerland) and Benelux regions. With over 25 years of experience in the digital print and technology sectors, Peter Alderath is recognized for his