At the recently concluded Vibrant Gujarat Summit, Welspun Group announced that they will invest Rs 1,500 crores in enhancing their textile production capacities in Gujarat. In another announcement, Welspun added that it has committed to investing Rs 40,000 crores to develop a robust green
GHCL Textiles Ltd., a manufacturer of various varieties of yarns signed an MOU with the Government of Tamil Nadu for an investment of Rs 535 crores on at the just concluded Global Investors Meet 2024. GHCL is a manufacturer of combed cotton compact ring spun yarns, cotton open end yarns, synthetic and blend ring spun […]
In a significant move to strengthen academic activities at the esteemed DKTE – Textile & Engineering Institute, Reshmi Industries and T4 Texultants has graciously provided its state-of-the-art Precision Winder and Rewinding machine. This innovative equipment is earmarked for various educational purposes, including experimentation, demonstrations, and product
Fineotex Chemical Limited announced a major corporate achievement as it steps into the year 2024 with a robust commitment to growth. The company has successful acquired a sprawling 7-acre factory land in Ambernath, marking a significant milestone in its strategic expansion plans. Having completed all legal formalities and secured possession of the newly acquired land, […]
Gokaldas Exports FZCO, Dubai, has successfully acquired 100% of the shares of Amibros S.A. from Solaris – II Investments Group Limited, inclusive of Atraco Industrial Enterprise, the branch of Amibros S.A. The company has also acquired 100% of the shares of Atraco Logistics Co LLC, including its branch. Nava Apparels L.L.C-FZ, Dubai, has effectively acquired […]
In a strategic move to enhance its operational leadership, Shahi Exports has welcomed Dr Rakesh Sethi as the Senior Vice President of Operations at Sarla Fabric Mills. Bringing with him a wealth of experience spanning over 17 years in the textiles industry, Dr Sethi has cultivated expertise in various domains, including business and product development, […]
In a momentous collaboration, Nobeltex and Picanol have proudly introduced the first-ever Picanol Ultimax in Egypt, exclusively tailored for the esteemed customer Printex. This milestone achievement underscores the partners’ unwavering commitment to revolutionizing the Egyptian textile industry through innovative technology. The successful implementation of the
Welspun Living, a global conglomerate recognized for its commitment to growth, innovation and excellence, has welcomed back Updeep Singh, who assumes the role of Director – Growth Initiatives. With a distinguished career that includes his previous stint as President and CEO of Sutlej Textiles, Updeep brings a wealth of experience, strategic vision and leadership acumen
Sonovia has partnered with Avco to revolutionize indigo dye production, pioneering eco-friendly solutions for the fashion industry. In a major stride towards sustainable textile solutions, Sonovia unveiled a transformative collaboration with Avco, a global leader in textile processing chemicals, aimed at revolutionizing indigo dye production. This strategic partnership,
Renewcell AB has successfully addressed its short-term liquidity needs through strategic financial arrangements. The company secured two short-term loans totaling SEK 100 million from major shareholders, H&M Fashion AB and Girincubator AB, as well as existing lenders BNP Paribas, European Investment Bank (EIB), Nordea Bank Abp, and AB Svensk Exportkredit. Of the total






















