Cotton prices in Maharashtra have surged to around Rs 8,900–9,000 per quintal, marking the sharpest increase since 2022, driven by strong global demand and higher polyester prices linked to rising crude oil costs. However, the rally has brought little benefit to cotton farmers, as most had
Belgium-based Picanol hosted a grand customer meet in Bhilwara on May 14, 2026, at The Aaureum Resort & International Convention Centre, bringing together more than 300 customers, weaving professionals and industry stakeholders from across the region. The event began with an introductory address by Kasiviswanathan Palanisamy, who highlighted Bhilwara’s strategic
Syre has expanded its collaboration with Target to accelerate the adoption of next-generation recycled materials across apparel and home textile categories. Under the partnership, Syre will support Target in integrating textile-to-textile recycled polyester into high-volume product segments as part of efforts to scale circular textile solutions. The initiative is expected
Ajay Ranka has been appointed as an elected member of the Managing Committee of the Federation of Gujarat Industries (FGI). FGI said Dr Ranka’s extensive experience in innovation and sustainability within the industrial sector is expected to strengthen the organisation’s efforts towards industry growth, collaboration and future-ready manufacturing development. Dr Ranka
Fineotex Chemical Ltd reported strong financial performance for Q4 and FY26, driven by business expansion, operational efficiency and growing demand across key markets. For the fourth quarter of FY26, the company recorded a year-on-year sales growth of around 162 per cent, while EBITDA increased by nearly 86 per cent. Profit after tax (PAT) rose by […]
Nitin Spinners Ltd reported a 6.7 per cent year-on-year increase in revenue for FY26, driven by improved operational efficiency, stronger product mix and stable demand across yarn and fabric segments. The company’s total revenue rose to Rs 3,008 crore in FY26 compared to Rs 2,818 crore in FY25. EBITDA increased 16.9 per cent to Rs […]
Vedant Fashions Ltd, the parent company of ethnic wear brands Manyavar and Mohey, reported steady growth in FY26, supported by expansion across domestic and international markets and improved retail performance. During FY26, the company strengthened its pan-India and global presence, taking its Exclusive Brand Outlet (EBO) area to 1.79 million sq ft across stores in […]
Textiles Secretary Neelam Shami Rao reviewed the progress of infrastructure development at the PM MITRA Park Dhar during a visit with the NICDC team, stressing the need for timely and quality-driven execution of ongoing works. Officials informed that key water supply and electricity infrastructure projects are nearing completion, while internal development activities such
Maharashtra government has extended by three months the deadline for textile units to register on the online portal introduced by the state textile commissionerate for availing power subsidy benefits. The earlier six-month registration deadline ended on April 27. However, low participation from textile operators prompted the government to grant additional time for
Powerloom owners across Maharashtra have received a major respite after the state government extended the deadline for mandatory online registration of powerlooms till August 14, ensuring continued access to electricity bill subsidies under the state scheme. The decision was taken at a high-level meeting held at Mantralaya on Thursday in the presence of Maharashtra School





















