Corporates

Banswara Syntex Recognized As ‘Green Channel Partner’ By Blackberrys

April 14, 2024

Banswara Syntex has announced its recent recognition as a “Green Channel Partner” by Blackberrys, marking a significant milestone in its sustainability journey. This esteemed label highlights Banswara Syntex’s commitment to excellence and environmental stewardship within the

Corporates

Industry Veteran Vikram Rao Joins Resil Chemicals As Board Mentor

April 14, 2024

Resil Chemicals has announced the appointment of Vikram Rao as Mentor to its Board of Directors. Bringing with him a wealth of experience garnered from illustrious tenures at renowned organizations such as Coats, Arvind, Aditya Birla Group and N9 World Technologies, Rao has consistently transformed enterprises into diversified powerhouses throughout his distinguished

Corporates

Shree Renga Polymers Partners With Albatross Energetics To Enhance HVAC Efficiency

April 14, 2024

Shree Renga Polymers, a prominent player in the industry, has inked a Memorandum of Understanding (MoU) with Albatross Energetics, a dynamic startup led by a team of young innovators from the prestigious Indian Institute of Technology (IIT). The collaboration aims to enhance energy efficiency across Shree Renga Polymers’ heating, ventilation and air conditioning

Corporates

M&S And HSBC UK Sign Agreement To Enhance M&S Customer Experience

April 14, 2024

Marks and Spencer (M&S) and HSBC UK have signed a new agreement to improve M&S’ credit offering, payment solutions, and digital integration for M&S customers. M&S’s two million credit card users, representing about 16% of its turnover, are among its most loyal customers. The partnership aims to enhance the credit offering through M&S Bank, building […]

Corporates

Lenzing AG Appoints Dr Walter Bickel As Chief Transformation Officer

April 14, 2024

Lenzing AG has appointed Dr. Walter Bickel as a member of the Managing Board and Chief Transformation Officer, effective from April 15, 2024, until December 31, 2025. Dr Bickel, an experienced manager renowned for his expertise in implementing yield increase programmes, will play a pivotal role in advancing Lenzing’s performance programme. The performance programme,

Corporates

CanvaLoop Clinches Rs 2 Crore Deal For 4% Equity At Shark Tank India 3

April 7, 2024

An All Shark Deal For Sustainable Textile Innovation Shark Tank India 3 recently showcased an Ecopreneur Special episode, spotlighting sustainable and eco-friendly businesses. CanvaLoop, a bio-materials company founded by Shreyans Kokra and Nandini Sarraf Kokra, stood out among them. CanvaLoop’s innovative closed-loop technology converts agricultural waste such as

Corporates

Panda Biotech Launches Largest Hemp Processing Facility In Texas

April 7, 2024

Panda Biotech has launched commercial operations at the Panda Hemp Gin in Wichita Falls, Texas, marking a milestone in industrial hemp processing. The facility, spanning 500,000 square feet, is the largest in the western hemisphere and processes 10 metric tonnes of hemp per hour into textile-grade fibrer, hurd, short-fibre/hurd mix and nutrient-rich micronized hurd.

Corporates

Arvind Ltd Announces Dr. Lakshyaraj Singh Mewar As Brand Ambassador For Primante Luxury Fabrics

April 7, 2024

Arvind Ltd has appointed Dr. Lakshyaraj Singh Mewar of Udaipur as the brand ambassador for Primanté, its premium suiting and shirting brand. Kulin Lalbhai, Executive Director of Arvind Ltd, expressed delight at welcoming Dr. Lakshyaraj Singh Mewar to the Primanté family, emphasizing the brand’s dedication to excellence and anticipation of exciting collaborations in

Corporates

Mayer & Cie.’s New Chinese Subsidiary Starts Operations From April 1

April 7, 2024

Mayer & Cie. CN Changzhou LLC, the Chinese subsidiary of the German circular knitting and braiding machine manufacturer, has relocated its headquarters from Shanghai to Jintan in Jiangsu Province. The construction work commenced in June 2023 and was successfully completed in the first quarter of 2024. Situated within a Sino-German Innovation Park, the new location […]

Corporates

ABFRL Demerging Madura Fashion Into Separately Listed Entity

Textile Insights April 3, 2024

Aditya Birla Fashion and Retail Ltd. (ABFRL) has planned to demerge its Madura Fashion & Lifestyle (MFL) division into a separate listed entity. The Aditya Birla Group company aims to create two growth engines with distinct value creation trajectories and a well articulated capital allocation strategy and parallel value creation opportunities. The MFL portfolio has