Corporates

Santex Rimar Group Strengthens Cavitec With Seasoned Professionals

January 14, 2024

Swiss-based Santex Rimar Group has announced a significant boost to its Cavitec brand with the addition of two experienced professionals to its frontline. As of January 1, 2024, Steffen Kühn and Martin Winkler have joined the Santex Rimar team in Switzerland. Steffen Kühn, bringing over 25

Corporates

Ocotex Explores Innovative Two-Product Line Strategy At Karl Mayer HQ

January 14, 2024

Ocotex, a leading producer of curtains and tablecloths, recently visited Karl Mayer’s headquarters in Obertshausen. The focus was on Karl Mayer’s two-product line strategy, designed to cater to both high-end and commodity markets. The demonstration of the HKS 3-M ON showcased groundbreaking features, including pattern changes facilitated by cloud-based data

Corporates

Bannari Amman Spinning Mills To Sell Garment Unit And Land

January 14, 2024

Bannari Amman Spinning Mills Ltd recently entered into a Memorandum of Understanding (MoU) for the sale and transfer of its garment unit located at Palladam Hi-Tech Weaving Park, Tamil Nadu, along with 6.43 acres of land at SIPCOT, Perundurai. The financial overview reveals a turnover contribution of Rs 43.95 crore (3.13%) and a net worth […]

Corporates

Sustainability Leader Robert van de Kerkhof Joins Team HeiQ AeoniQ

January 14, 2024

Renowned sustainability leader, Robert van de Kerkhof, assumes a pivotal role as Non-Executive Director and Chairman of the Environmental, Occupation, Health & Safety, and Sustainability Committee at Team HeiQ AeoniQ. With over 30 years of expertise in driving sustainability initiatives, Robert is set to spearhead transformative efforts in the textile industry. His

Corporates

Kornit Digital Appoints Amit Bisht As General Manager For South Asia

January 14, 2024

Kornit Digital, a pioneer in digital textile printing solutions, has announced the appointment of Amit Bisht as the new General Manager for South Asia. Bringing over two decades of industry expertise, Amit is poised to lead the go-to-market strategy for India, Sri Lanka and Bangladesh. Amit’s career is marked by a successful track record in […]

Corporates

Shree Renga Polymers To Invest Rs 100 Crore In PET Bottle Recycling Project

January 13, 2024

Shree Renga Polymers, the Karur-based garment company will invest Rs 100 crore to expand its capacity. The company came to fame when Prime Minister Narendra Modi wore a jacket made out of recycled pet bottles in parliament, according to newspaper report. The company will set up a green field PET bottle recycling facility in Karur […]

Corporates

Welspun Investing Rs 1,500 crore in Expanding Capacity

Textile Insights January 12, 2024

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 hydrogen and green ammonia ecosystem in Gujarat. The group has entered […]

Corporates

GHCL Textiles Investing Rs 535 Crore To Expand Capacity In TN

Textile Insights January 12, 2024

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 […]

Corporates

Reshmi Industries & T4 Texultants Extends Generous Support To DKTE

January 11, 2024

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

Corporates

Fineotex Secures 7-Acre Factory Land In Ambernath

January 7, 2024

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, […]