Fineotex Chemical Ltd has been recognized as India’s Masters of Risk Business Continuity Management in the Midcap category by CNBC TV 18. The award was presented by S. Sandilya, Chairman of Eicher Motors, and Latha Venkatesh, Executive Editor at CNBC TV 18. Aarti Jhunjhunwala, the Executive
Lectra, a leading provider in the fashion, automotive and furniture industries, has announced its recognition in the 2024 edition of Deloitte France’s Best Managed Companies programme. This prestigious accolade underscores Lectra’s commitment to excellence in long-term strategy, talent management, innovation capacity, CSR policies, governance and financial
The Supervisory Board of Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, has appointed Rohit Aggarwal as a new member of the Management Board. He will assume responsibility for the fiber division during the third quarter. Following Stephan Sielaff’s departure, Aggarwal will take over as CEO of Lenzing […]
Ganesha Ecosphere Limited (GESL) has announced a significant investment in its wholly-owned subsidiary, Ganesha Ecopet Pvt. Ltd. The company has invested Rs. 100 crore into Ganesha Ecopet by subscribing to 10 crore equity shares, each with a face value of Rs. 10, on a rights basis. This strategic move highlights Ganesha Ecosphere’s commitment to expanding […]
Ananta Group is poised to invest US$ 70 million in a new synthetic knit fabric manufacturing facility, supported by US$ 40 million from the Asian Development Bank (ADB) and syndicated arrangements. Despite challenges like dollar shortages for raw material imports and intermittent gas and electricity supply, the group aims to establish Ananta Knitwear Limited in […]
Ranjan Group, renowned for its premium suiting fabrics, has reinforced its commitment to quality and productivity with Picanol’s innovative weaving machines. Since its initial investment in 2016, Ranjan Group has steadily expanded its fleet of Picanol airjet weaving machines to 88 units spread across three strategic locations. Pushpendra Bewswal, Director of Ranjan
The Saurer Group recently marked the 25th anniversary of Texparts with a grand celebration, honouring both the milestone and the dedicated employees who have contributed to the company’s success. The event was highlighted by the recognition of 15 employees who have been with Texparts since its inception, celebrating their invaluable contributions over the past
S.P. Apparels Ltd, headquartered in Avinashi, Tamil Nadu and well-known for its high-quality textile and apparel products, has officially completed the acquisition of 100% equity shares of Young Brand Apparel Pvt. Ltd. (YBAPL). This acquisition marks a significant milestone in S.P. Apparels’ strategic expansion into the international market, particularly the U.S.A.,
Gokaldas Exports has announced a strategic investment in BRFL Textiles Pvt. Ltd. (BTPL), one of India’s largest fabric processing companies. Gokaldas Exports will invest in BTPL through Optionally Convertible Debentures (OCDs). In the first tranche, Gokaldas Exports will subscribe for ₹50 crores, with additional OCDs worth up to ₹300 crores to be subscribed in
Sinbon and Makalot have forged a strategic partnership to capitalize on the burgeoning digital wellness market, projected to reach US$ 1.8 trillion globally by 2024, with the U.S. segment alone anticipated to hit US$ 480 billion this year. The alliance aims to leverage their Soft Electronics/Textile product creation platform, catering to diverse industries worldwide.





















