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Corporates

Raymond Announces Key Leadership Changes For Business Expansion

Textile Insights March 9, 2025

Raymond Ltd, India’s leading textile and apparel conglomerate, has announced key leadership changes to strengthen its business operations and accelerate growth. The restructuring aligns with the company’s strategic goals for the new fiscal year, enhancing leadership across critical segments.

Corporates

Sritex Declared Bankrupt, 10,665 Workers Laid Off

Textile Insights March 9, 2025

A total of 10,665 workers from textile giant Sritex have been terminated between January and February 26, 2025, following a court ruling declaring the company bankrupt. The layoffs affected employees from four companies under the Sritex Group: PT Sritex Sukoharjo, PT Bitratex Semarang, PT Sinar Panja Jaya Semarang and PT Primayuda Boyolali. Slamet Kaswanto, coordinator

Corporates

Indorama Ventures Accelerates Growth Under IVL 2.0 Strategy

Textile Insights March 9, 2025

Indorama Ventures Public Company Ltd (IVL), a global sustainable chemical producer, is entering a new phase of growth under its IVL 2.0 strategy, focusing on strategic partnerships and industry consolidation. At its annual Capital Markets Day in Bangkok, Group CEO Aloke Lohia outlined how the company is positioning itself to capitalize on major shifts in […]

Corporates

TotalEnergies And Mayer & Cie. Partner To Co-Brand Tixo Stainless Knitting Machine Oils

Textile Insights March 9, 2025

TotalEnergies Lubrifiants and Mayer & Cie. have signed a partnership agreement to co-brand the Tixo Stainless knitting machine oil range. Under this agreement, Mayer & Cie.’s expert distributors will offer the Tixo Stainless range to customers worldwide. TotalEnergies’ Tixo Stainless oils are among the highest-performing lubricants for knitting machines, ensuring

Corporates

Sudarshan Chemical Completes Heubach Acquisition, Expands Global Footprint

Textile Insights March 9, 2025

Sudarshan Chemical Industries Ltd (SCIL) has successfully completed its acquisition of Germany-based Heubach Group through its wholly owned subsidiary, Sudarshan Europe B.V. The acquisition, structured as an asset and share deal, strengthens SCIL’s global presence and market leadership in the pigment industry. With this strategic move, SCIL expands its operations across 19

Corporates

CelluComp To Open First U.S. Commercial-Scale Plant In Minnesota

Textile Insights March 9, 2025

CelluComp, a leader in fibre-based packaging materials, is set to launch its first commercial-scale facility in Renville, Minnesota, this May. The 15,000-square-foot plant will begin producing Curran, a micro-fibrillated cellulose product made from sugar beet pulp—an eco-friendly alternative to plastics and PFAS chemicals in packaging. Partnering with Southern Minnesota

Machinery

TechnoSport Integrates Karl Mayer Tricot Machines At Perundurai Mega Factory

Textile Insights March 9, 2025

TechnoSport has become the first company in South India to integrate Karl Mayer’s high-performance tricot machines into its activewear and sportswear production at its new mega factory in Perundurai. The state-of-the-art HKS 3-M warp knitting machines enhance the brand’s manufacturing capabilities, reinforcing its commitment to high-quality, accessible apparel with a focus

Corporates

MAS Holdings Expands In India With New Apparel Facility In Odisha

Textile Insights March 9, 2025

MAS Holdings, South Asia’s largest apparel manufacturer, has broken ground for its first facility in Odisha, India, marking a key milestone in its global expansion. This move strengthens MAS’ regional production capabilities and enhances its access to India’s fast-growing retail market. The new facility is set to begin apparel production in 2026, focusing on value-added

Industry

UP’s Textile & Handloom Industry On Growth Path With Major Government Initiatives

Textile Insights March 9, 2025

Uttar Pradesh’s handloom and textile industry is experiencing unprecedented growth, emerging as the largest decentralized cottage industry after agriculture. The sector employs around 1.91 lakh handloom weavers and supports over 80,000 families, while more than 5.50 lakh weavers earn their livelihood through 2.58 lakh powerlooms. To strengthen the industry, the UP

Policies

Tamil Nadu To Unveil New Textile Policy Within 10 Days

Textile Insights March 6, 2025

The Tamil Nadu government will release a new textile policy within the next 10 days, Minister for Handlooms and Textiles R. Gandhi announced on Tuesday. He also stated that a separate project for the powerloom sector will be introduced in the upcoming state budget. The minister, along with Electricity, Prohibition, and Excise Minister V. Senthil […]

Raymond Announces Key Leadership Changes For Business Expansion

Sritex Declared Bankrupt, 10,665 Workers Laid Off

Indorama Ventures Accelerates Growth Under IVL 2.0 Strategy

TotalEnergies And Mayer & Cie. Partner To Co-Brand Tixo Stainless Knitting Machine Oils

Sudarshan Chemical Completes Heubach Acquisition, Expands Global Footprint

CelluComp To Open First U.S. Commercial-Scale Plant In Minnesota

TechnoSport Integrates Karl Mayer Tricot Machines At Perundurai Mega Factory

MAS Holdings Expands In India With New Apparel Facility In Odisha

UP’s Textile & Handloom Industry On Growth Path With Major Government Initiatives

Tamil Nadu To Unveil New Textile Policy Within 10 Days

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