Corporates

Le Merite Exports Secures Land For Rs 160 Cr Textile Unit In Amravati

Textile Insights June 2, 2025

Le Merite Exports Ltd., a prominent player in the textile industry, has received official land allotment approval from the Land Allotment Committee (LAC) for setting up a large-scale textile manufacturing facility at the Additional Amravati (Textile Park) Industrial Area. As per the LAC minutes

Corporates

Esstee Exports Releases First ESG Report, Reinforces Commitment to Sustainability and Ethical Governance

Textile Insights May 31, 2025

Tiruppur-based garment manufacturer Esstee Exports has released its inaugural Environmental, Social, and Governance (ESG) Report for 2024–2025, outlining a comprehensive roadmap for sustainability, ethical business practices and social responsibility. Celebrating three decades in the apparel industry, the company’s Chairman Thirukkumaran described the report as a

Corporates

Bondcote Performance Textiles Acquires Graniteville Specialty Fabrics

Textile Insights May 31, 2025

Bondcote Performance Textiles (BPT), a leading manufacturer of coated, laminated and composite textiles and a subsidiary of XFS Global, LLC, announced the strategic acquisition of Graniteville Specialty Fabrics (GSF), a renowned innovator in high-performance coated textiles. The acquisition, backed by Lake Country Capital, significantly enhances BPT’s technical

Corporates

Shivtek Spechemi To Build New Chemical Plant In Hazira, Gujarat

Textile Insights May 29, 2025

Shivtek Spechemi Industries Ltd, a leading name in the specialty chemicals sector and the flagship company of the Shiva Group of Industries, has announced the establishment of a new state-of-the-art manufacturing facility near Hazira, Gujarat. Spread across more than 1 million square feet, the new unit is expected to be operational by 2027 and will […]

Corporates

India Must Shift Focus To Man-Made Fibres To Lead The Global Textile Market: Rajeev Gupta

Textile Insights May 28, 2025

At the recent PHDCCI Conference on “The Future of Textiles: Challenges & Opportunities in Man-Made Fibres” held on April 22, Rajeev Gupta, Joint Managing Director of RSWM Ltd., highlighted the strategic importance of man-made fibres (MMF) for the future of India’s textile industry. Addressing policymakers, industry leaders and stakeholders, Gupta said that the

Corporates

Garment Mantra Secures Rs 9.20 Cr Global Order

Textile Insights May 28, 2025

Garment Mantra Lifestyle Limited has received a significant export order from Zaara Overseas Trading L.L.C S.O.C for the supply of polyester fabric and polyester made-up dress material. The order is valued at approximately US$ 1,078,900 (around Rs 9.20 crores, exclusive of taxes). The order, placed by an international entity, is expected to be executed within […]

Corporates

BGBA, Air8 Partner To Boost Textile Export Financing

Textile Insights May 28, 2025

The Bangladesh Garment Buying House Association (BGBA) has signed a Memorandum of Understanding (MoU) with Air8, a cross-border supply chain finance platform, to enhance access to export financing for Bangladesh’s textile sector. The partnership aims to provide BGBA members with innovative working capital solutions and insights to support global trade. The MoU was signed

Corporates

Historic Brand Acquisition Brings German Textile Legacy To Uzbekistan

Textile Insights May 28, 2025

Uzbekistan has welcomed its first internationally recognized foreign textile brand, marking a new chapter in the nation’s industrial evolution. Kamalak Shabnam Teks LLC, a domestic company based in the Bukhara region, has acquired the prestigious German brand Curt Bauer, known for its 140-year legacy and exports to over 40 countries. The acquisition includes the full […]

Corporates

Borana Weaves Makes Strong Market Debut With 12.5% Premium On BSE

Textile Insights May 27, 2025

Textile manufacturer Borana Weaves made an impressive stock market debut on the BSE, listing at Rs 243.00, marking a 12.5% premium over its issue price of Rs 216.00. The stock gained further momentum post-listing, climbing to Rs 255.10, which represents an 18.1% rise from the IPO price. During trading hours, the scrip touched an intraday […]

Corporates

Justice For The Innovator: Uster Technologies Wins Patent Infringement Case In China

Textile Insights May 27, 2025

Uster Technologies has secured a decisive legal victory in China, confirming its commitment to innovation and intellectual property protection. The Supreme People’s Court of the PRC has ruled in favor of Uster, confirming that a local competitor unlawfully infringed on its patent by copying the yarn feeder mechanism of the Uster Tester 6. With a […]