Corporates

Grasim Raising Rs 4,000 Crore Through Rights Issue

Textile Insights October 19, 2023

The board of Grasim Industries has approved the raising of funds not exceeding Rs 4,000 crore by way of a rights issue, while the rating agencies continue to reaffirm Grasim’s ‘AAA’ ratings. This Rs 4,000 crore will fund ongoing capital expenditure, repay existing borrowings, and support

Corporates

Groz-Beckert Inaugurates New Office In Surat

Textile Insights October 17, 2023

Manufacturer of process-critical textile precision tools Groz-Beckert has opened a new sales office in Surat which was inaugurated on October 15. With the new office, the Germany headquartered company aims to provide even better support for its customers from the knitting and sewing industry in Surat and surrounding areas. Surat is the biggest Indian hub […]

Corporates

B-Tex: Pioneering Global Innovation In Technical Textile Industry

October 11, 2023

B-Tex has been at the forefront of innovation and excellence. With a legacy spanning nearly two decades, this company has earned a formidable reputation for its contributions to fabric inspection, winding, slitting and packing systems designed specifically for technical textiles, both woven and knitted. What sets B-Tex apart is its collaboration with Italian experts,

Corporates

Rieter Helps Sagar Manufacturers Increase Efficiency With Essential Monitor

October 10, 2023

Digitization is front and centre in Sagar Manufacturer’s relentless mission of continuous improvement. Based in India, the company has made a name for itself in just over a decade of operations and now exports to more than 20 countries and partners with more than 200 brands. Since using Essential monitor, a module of the Rieter […]

Corporates

Arvind Partners With Circulose For Sustainable Denim Revolution

October 8, 2023

Arvind, a textile industry stalwart, has joined forces with the Circulose Supplier Network, intensifying its commitment to sustainability and circular fashion. This partnership brings several key features to the forefront: Circular Material: Arvind’s denim incorporates Circulose, a game-changing innovation from Renewcell. It upcycles cotton textiles and viscose,

Corporates

Ritesh Dodhia Honoured With ‘Entrepreneur of the Year’ Award

October 8, 2023

The Dodhia Group has announced that Ritesh M. Dodhia has been bestowed with the “Entrepreneur of the Year” award by The Bombay Yarn Merchants Association & Exchange Ltd. This recognition serves as a powerful motivator, inspiring Ritesh Dodhia and the entire Dodhia Group to persistently pursue excellence and innovation in all their business endeavors. It

Corporates

Trident Ltd Powers Up 9.50 MWp Rooftop Solar Project In Budhni, MP

October 7, 2023

Trident Ltd has achieved a significant environmental milestone with the successful launch of its 9.50 MWp rooftop solar power project in Budhni, Madhya Pradesh. This project underscores Trident’s commitment to sustainability, as all generated power will be consumed exclusively within its Budhni manufacturing facilities. This move is poised to substantially reduce the

Corporates

Bhageria Industries Awarded Rs 27.70 Crore 4.5MW Solar EPC Project

October 7, 2023

Bhageria Industries Limited, a leading player in specialty chemicals sector, has announced that the company has received Letter of Award (LoA) for a 4.5MW (AC)/6MWp (DC) ground-mounted solar engineering, procurement and construction (EPC) project. The project is valued at Rs 27.70 crore, is set to bolster the company’s presence in the industry The LoA was […]

Corporates

RevolutionRace Joins Bluesign Technologies For Sustainable Outdoor Gear

October 6, 2023

In a significant development, Bluesign Technologies AG has announced the inclusion of RevolutionRace, one of Scandinavia’s foremost and rapidly expanding outdoor brands, as a Bluesign System Partner. RevolutionRace, a company listed on Nasdaq Stockholm since 2021, is renowned for its commitment to the ethos that ‘Nature is our playground’, delivering

Corporates

Sangam India Targets Rs 4,000 Crore Revenue By Fiscal 2024-25

Textile Insights October 3, 2023

SN Modani led and Bhilwara based Sangam India aims to achieve around Rs 4,000 crore in revenue by fiscal 2024-25, as against Rs 2,730 crore, the textiles company reported in fiscal 2022-23. “The textile company hopes to cross Rs 3,000 crore in revenues in the current fiscal,” media reports stated. Sangam India is a producer […]