Corporates

S M Mannan Kochi To Lead BGMEA Team For 2024-2026 Term

March 17, 2024

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) elected its new board of directors for the 2024-2026 term on March 14, with S M Mannan Kochi, Chairman of Seha Design Ltd, assuming the role of President. The new board is poised to assume responsibility following the

Corporates

Arvind Ltd’s Kulin Lalbhai Appointed Chairman Of CII Gujarat

March 17, 2024

Kulin Lalbhai, the Executive Director of Arvind Ltd, has been appointed as the Chairman of the Confederation of Indian Industry (CII) Gujarat State Council for the term 2024-25. In his role at Arvind Ltd, Kulin Lalbhai has been driving innovative initiatives within the group’s consumer businesses. He has played a pivotal role in the establishment […]

Corporates

Infinited Fiber Company Secures €40 Million In Development Financing Round

March 17, 2024

Infinited Fiber Company concludes a €40 million development financing round, drawing significant investments from newcomers Inditex, TTY Management, Youngone, and Goldwin, alongside existing backers. New investors include Inditex Group, TTY Management B.V., Youngone (YOH CVC Fund 1 Limited Partnership), and Goldwin (GOLDWIN Play Earth Fund Investment Limited Partnership),

Corporates

Mayer & Cie’s China Subsidary Shifts Headquarters to Jintan

Textile Insights March 11, 2024

Mayer & Cie. CN Changzhou LLC, the Chinese subsidiary of the German circular knitting and braiding machine manufacturer has changed its headquarters from Shanghai to Jintan in Jiangsu Province. The new location within a Sino-German Innovation Park comprises a production hall of around 5,000 square metres. “In future, the circular knitting machines assembled for the

Corporates

Donear Invests Rs 400 Crore In Jammu For Home Textiles Expansion

March 10, 2024

Fabric manufacturer Donear will invest Rs 400 crore in Jammu to establish a facility for the production of carpets and rugs, announced Rajendra Agarwal, Managing Director of Donear. The company has acquired land in Jammu, and the plant is expected to be operational within 24 months. Agarwal stated that approximately 90% of the products manufactured […]

Corporates

TT Ltd Launches ‘Made in Bihar’ Undergarments

March 10, 2024

On the auspicious day of Maha Shivratri, T.T. Ltd in association with MMUY beneficiaries, launched “Made in Bihar” undergarments under the TT brand with the sanctions of the Bihar Government. Additional Chief Secretary Sandeep Poundrik of the Industries Department launched the brand along with TT Ltd MD, Sanjay K Jain. Apart from launching TT brand […]

Corporates

Trützschler Partnership Propels Zagis to New Heights of Innovation

March 7, 2024

Zagis S.A. de C.V., a family-owned spinning and knitting company located in Tepeji del Río, Mexico, boasts a rich history and harbors ambitious goals for a more sustainable future. Innovation has been central to its success over the past 60 years. Through its partnership with Trützschler, it has embraced cutting-edge technologies aimed at enhancing efficiency, […]

Corporates

Auro Textiles And Picanol Celebrate Partnership Milestone With Installation Of 28 Ultimax Weaving Machines

March 3, 2024

Auro Textiles, which is a part of Vardhman – India’s largest vertically integrated textile producer – has recently installed 28 Ultimax rapier weaving machines from Picanol. These weaving machines formed part of the very first serial batch of Ultimax weaving machines that were manufactured following the launch of the Ultimax at the ITMA 2023 fair. […]

Corporates

Shahi Exports Announces Membership Of IAF At Bharat Tex 2024

March 3, 2024

Shahi Exports has announced its membership with the International Apparel Federation (IAF) at Bharat Tex 2024 in New Delhi, signaling a commitment to advancing sustainability and industry standards. Cem Altan, IAF President, and Anant Ahuja, Shahi Exports’ Head of ESG, discussed the partnership’s potential to strengthen sustainable supply chains through

Corporates

Donear Group Appoints Aakash Mishra As AVP – Group Brand Marketing

March 3, 2024

Textile and apparel conglomerate Donear Group has appointed Aakash Mishra as AVP – Group Brand Marketing. Mishra will spearhead marketing efforts for Donear, Grasim BTL and OCM. With an extensive portfolio including brands like NeoStretch, Donear Suitings and Grado, the group aims to reinforce its market presence. Mishra brings valuable experience from World Wide