News - Textile Insights

Event

Handloom Hackathon 2026 Showcases Innovation To Transform India’s Handloom Sector

Textile Insights August 14, 2026

The Handloom Hackathon 2026, a nationwide innovation initiative organized by the Office of the Development Commissioner for Handlooms under the Ministry of Textiles, concluded successfully at the Research and Innovation Park, IIT Delhi. Conceptualized by ThinkStartup, the competition attracted

Economy

Welspun Living Posts Strongest Growth In Seven Quarters, Revenue Jumps 23.5%

Textile Insights August 14, 2026

Welspun Living Ltd. (WLL) reported its strongest quarterly growth in seven quarters, driven by robust export demand, strong domestic performance and improving profitability across key business segments. For the quarter ended June 30, 2026, the home textiles major reported revenue of ₹2,828 crore, registering a 23.5% year-on-year growth and a 15.4% sequential increase.

Corporates

Elite Secures Multi-Year LOI From Leading Global Sports Brand For Recycled PET Resin

Textile Insights August 14, 2026

Ester Loop Infinite Technologies Private Limited (ELITe), the 50:50 joint venture between Ester Industries Limited and Loop Industries, has secured a significant commercial commitment with a leading global sports and athletic brand for the supply of Loop™ PET Fiber Grade resin. Under a multi-year Letter of Intent (LOI) signed by Loop Industries, the global brand […]

Industry

Shriram Finance Launches Shri Sampark For Textile Growth

Textile Insights August 13, 2026

Shriram Finance Limited has launched Shri Sampark, a dedicated initiative aimed at supporting and accelerating the growth of Telangana’s garment and textile sector through knowledge sharing, industry engagement and improved access to finance. The programme, held in Hyderabad, brought together representatives from more than 100 textile and garment companies from

Financial Results

Meenakshi India Plans To Double Apparel Capacity By FY30, Q1 PAT Surges 153%

Textile Insights August 13, 2026

Meenakshi India Ltd plans to more than double its apparel manufacturing capacity to 38 lakh pieces by FY30 from around 18 lakh pieces currently, backed by a phased capital expenditure of ₹40-50 crore, as the company positions itself to benefit from the ongoing shift in global sourcing towards India. The company intends to add two […]

Event

Gartex Texprocess India 2026 Draws Over 15,000 Visitors

Textile Insights August 13, 2026

Gartex Texprocess India 2026, incorporating the Denim Show, concluded on a successful note, drawing 15,079 visitors and facilitating strong business engagement across the garment, textile and denim manufacturing value chain. The three-day exhibition brought together more than 190 exhibitors, including over 40 first-time participants, showcasing the latest advancements in

Financial Results

KPR Mill Reports 22% Rise In Q1 FY27 Profit, Textile Business Drives Growth

Textile Insights August 13, 2026

KPR Mill Limited reported a strong performance for the first quarter of FY27, with consolidated net profit rising by nearly 22% year-on-year, driven by healthy growth in its core textile business. For the quarter ended June 30, 2026, the company posted revenue from operations of Rs 1,935.5 crore, compared to Rs 1,766.3 crore in the […]

Corporates

Welspun Living Elevates Mohit Sharma To VP – Hospitality & Government Sales

Textile Insights August 13, 2026

Welspun Living Limited has promoted Mohit Sharma to the position of Vice President – Hospitality & Government Sales (Home Textile & Flooring), Domestic Business, further strengthening its leadership team in the institutional and hospitality segments. In his new role, Sharma will lead the company’s hospitality, government and institutional sales business for

Apparel, Fashion, Retail

Reliance Brands Partners With SKIMS To Bring Kim Kardashian’s Shapewear Label To India

Textile Insights August 13, 2026

Reliance Brands Limited (RBL), the luxury and premium retail arm of Reliance Retail, has entered into a long-term partnership with global shapewear and lifestyle brand SKIMS to introduce the label to the Indian market. As part of the agreement, Reliance Brands will operate SKIMS across both physical and digital retail channels in India, with the […]

Financial Results

Arvind Crosses Rs 2,500 Crore Revenue Mark In Landmark Q1

Textile Insights August 13, 2026

Arvind Ltd., reported its highest-ever quarterly revenue and EBITDA for the quarter ended June 30, 2026, driven by strong demand across its textile, garmenting and advanced materials businesses, alongside the successful integration of its largest-ever acquisition, Dalco-GFT in the United States. The company posted consolidated revenue of Rs 2,501 crore, up 25%

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