The initial installations of the Trützschler Card TC 30i and the Trützschler Integrated Draw Frame IDF 3 have been successfully completed, with the first customers concluding rigorous testing in direct spinning applications. The IDF 3 is demonstrating strong results under real-world conditions,
Effective 1 July 2024, Hailin Xu is the CEO of the Saurer Group, succeeding Dr. Uwe Rondé, who is leaving the company at his request. Hailin Xu joined the Saurer Group in 2018 as Senior Vice President and Managing Director of the Global Open End Product Line. Born in China and now a Swiss citizen, […]
Eton Systems, part of TMAS, has moved to new premises in Borås to meet the rising demand for its automated fabric and part handling solutions. Founded in 1967, Eton Systems revolutionized production with its overhead unit production system (UPS), now enhancing productivity across industries through advanced software management. CEO Jerker Krabbe said, “Our new Borås […]
Samsara Eco announced the successful completion of its latest funding round, raising AUD $100 million (USD $65 million). The funding round was led by global investment company Temasek and Australian deep tech investment fund Main Sequence, with participation from new and existing backers, including Wollemi Capital, Lululemon, Hitachi Ventures, Titanium Ventures (formerly
Fineotex Chemical Ltd has been recognized as India’s Masters of Risk Business Continuity Management in the Midcap category by CNBC TV 18. The award was presented by S. Sandilya, Chairman of Eicher Motors, and Latha Venkatesh, Executive Editor at CNBC TV 18. Aarti Jhunjhunwala, the Executive Director at Fineotex Chemical Limited, received the award on […]
Lectra, a leading provider in the fashion, automotive and furniture industries, has announced its recognition in the 2024 edition of Deloitte France’s Best Managed Companies programme. This prestigious accolade underscores Lectra’s commitment to excellence in long-term strategy, talent management, innovation capacity, CSR policies, governance and financial
The Supervisory Board of Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, has appointed Rohit Aggarwal as a new member of the Management Board. He will assume responsibility for the fiber division during the third quarter. Following Stephan Sielaff’s departure, Aggarwal will take over as CEO of Lenzing […]
Ganesha Ecosphere Limited (GESL) has announced a significant investment in its wholly-owned subsidiary, Ganesha Ecopet Pvt. Ltd. The company has invested Rs. 100 crore into Ganesha Ecopet by subscribing to 10 crore equity shares, each with a face value of Rs. 10, on a rights basis. This strategic move highlights Ganesha Ecosphere’s commitment to expanding […]
Ananta Group is poised to invest US$ 70 million in a new synthetic knit fabric manufacturing facility, supported by US$ 40 million from the Asian Development Bank (ADB) and syndicated arrangements. Despite challenges like dollar shortages for raw material imports and intermittent gas and electricity supply, the group aims to establish Ananta Knitwear Limited in […]
Ranjan Group, renowned for its premium suiting fabrics, has reinforced its commitment to quality and productivity with Picanol’s innovative weaving machines. Since its initial investment in 2016, Ranjan Group has steadily expanded its fleet of Picanol airjet weaving machines to 88 units spread across three strategic locations. Pushpendra Bewswal, Director of Ranjan





















