Corporates

Dr Ajay Ranka Elected To FGI Managing Committee

Textile Insights May 18, 2026

Ajay Ranka has been appointed as an elected member of the Managing Committee of the Federation of Gujarat Industries (FGI). FGI said Dr Ranka’s extensive experience in innovation and sustainability within the industrial sector is expected to strengthen the organisation’s efforts towards

Corporates

Vedant Fashions Expands Global Retail Footprint, Reports Steady FY26 Growth

Textile Insights May 18, 2026

Vedant Fashions Ltd, the parent company of ethnic wear brands Manyavar and Mohey, reported steady growth in FY26, supported by expansion across domestic and international markets and improved retail performance. During FY26, the company strengthened its pan-India and global presence, taking its Exclusive Brand Outlet (EBO) area to 1.79 million sq ft across stores in […]

Corporates

Ivy Decarb Signs Strategic MoU With BGMEA To Accelerate Textile Decarbonization

Textile Insights May 12, 2026

Spain-based decarbonization solutions provider Ivy Decarb has signed a strategic Memorandum of Understanding (MoU) with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to drive industrial decarbonization and energy efficiency initiatives across Bangladesh’s textile and garment sector. The agreement was formalized on May 6, 2026, during a meeting

Corporates

Vardhman Textiles To Double Shirt Capacity

Textile Insights May 11, 2026

Vardhman Textiles Ltd has announced a major expansion of its garmenting capacity with plans to nearly double men’s shirt production capacity from the existing 2.20 million pieces per annum to approximately 4.50 million pieces annually. The company will invest around Rs 125 crore in the proposed expansion, which is expected to be completed by the […]

Corporates

Arvind Ltd Arm Acquires 61% Stake In Dalco-GFT To Enter US Technical Textiles Market

Textile Insights May 11, 2026

Arvind Ltd has strengthened its presence in the global technical textiles sector through the acquisition of a controlling stake in US-based Dalco-GFT by its wholly-owned subsidiary Arvind Advanced Materials Ltd (AAML). The transaction gives AAML nearly 61 per cent ownership in Dalco-GFT and marks Arvind’s strategic entry into the US technical textiles market, one of […]

Corporates

Primark Expands Spain And Portugal Presence

Textile Insights May 11, 2026

Primark has announced an investment of more than €85 million across Spain and Portugal as part of its expansion and store modernization strategy in the Iberian region. The investment includes the opening of five new stores, refurbishment of existing outlets and expansion projects, reinforcing the retailer’s long-term commitment to both markets. In Spain, where Primark […]

Corporates

UK–India Textile Machinery Coalition Launched To Strengthen Bilateral Industry Ties

Textile Insights May 11, 2026

The British Textile Machinery Association (BTMA), in collaboration with the India ITME Society, has officially launched the UK–India Textile Machinery Coalition (UKITMC) at the India ITME Centre in Mumbai, creating a dedicated platform to strengthen cooperation between the textile machinery sectors of both countries. The initiative was inaugurated by Vrunda Desai, Chief

Corporates

United Commercial Bank PLC Partners IVY On Textile Decarbonization

Textile Insights May 11, 2026

United Commercial Bank PLC (UCB) has entered into a strategic partnership with IVY Decarb Marketplace SL to support decarbonization and sustainable transformation initiatives within Bangladesh’s textile and garment sector. The collaboration was formalized through the signing of a Memorandum of Understanding (MoU) under the theme “Partnering for a Sustainable Net Zero

Corporates

USFibers Secures Strategic Investment To Expand Recycled Fibre Production

Textile Insights May 11, 2026

USFibers has announced a new strategic investment from Glisco Partners and Orion Infrastructure Capital to support capacity expansion, technical enhancement, operational efficiency and growth into new markets. Founded in 1994, USFibers is one of the largest vertically integrated recyclers and producers of polyester staple fibre in the United States. The company converts

Corporates

ASSOCHAM And VCCI Sign MoU To Boost India–Vietnam Trade And Investment

Textile Insights May 11, 2026

ASSOCHAM has formalised a Memorandum of Understanding (MoU) with Viet Nam Chamber of Commerce & Industry (VCCI) to strengthen bilateral trade and investment ties between India and Vietnam. The agreement was exchanged in Mumbai in the presence of Devendra Fadnavis and To Lam, who is also the President of the Socialist Republic of Viet Nam. […]