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Industry

Odisha Approves Rs 3,898 Cr Projects, Textile Sector Gets A Push

Textile Insights May 8, 2025

The Odisha government on Friday approved 19 industrial projects worth Rs 3,898 crore, with the potential to generate over 7,400 jobs across various sectors. Among these, key proposals in the apparel and textile sector were given the green light, reaffirming the state’s push to diversify its

Textile Park

MSME Textile Park Launched In Kurnool To Boost Weaver Welfare And Industry

Textile Insights May 8, 2025

In a major push towards industrial development in Kurnool district, the ground-breaking ceremony (‘bhumi puja’) for the proposed Micro, Small, and Medium Enterprises (MSME) Park at Banavasi in Yemmiganur mandal was held on Tuesday. The upcoming park is envisioned as a dedicated hub for textile and allied industries. In the first phase, basic infrastructure is […]

Industry

TN Handlooms Minister Visits Textile Mills, Reviews Operations And Schemes

Textile Insights May 8, 2025

State Handlooms and Textiles Minister R. Gandhi visited several textile mills in southern Tamil Nadu over two days to review operations and inspect government-supported facilities. On Tuesday, he visited Madura Coats in Madurai and held discussions with the management on best practices, technological advancements, and labour welfare schemes adopted by the company. Earlier,

Industry

Report Challenges Nike’s Wage Claims at Cambodian Supplier

Textile Insights May 8, 2025

A recent investigation has cast doubt on Nike’s claims regarding wages at its supplier factories, revealing that only 1% of workers at a Cambodian facility earn nearly double the country’s minimum wage. The report, published on April 25, 2025, by ProPublica, analyzed a detailed payroll data set from Y&W Garment, a Cambodian factory producing baby […]

Trade & Market

Vietnam Tackles US Tariffs With Reforms And Diversification

Textile Insights May 8, 2025

Vietnam’s textile and garment industry, a cornerstone of its export economy, recently faced heightened challenges as the U.S. moved ahead with proposed tariff hikes that could increase duties on textile exports from the previous 15–16% to as high as 61–62%. With the U.S. accounting for 40% of Vietnam’s US$44 billion textile exports in 2024, the […]

Corporates

Alok Industries Invests In Rieter’s Compact-Spinning System

Textile Insights May 7, 2025

Alok Industries Ltd., a leading textile manufacturer in India, has selected Rieter’s state-of-the-art compact-spinning solution to enhance its yarn manufacturing operations. The strategic investment highlights Alok’s commitment to innovation, automation, and quality in textile production. The comprehensive system includes fiber and spinning preparation units, combing sets

Corporates

Rieter To Acquire Barmag For CHF 713 Million

Textile Insights May 6, 2025

Rieter has signed a definitive agreement to acquire Barmag, a division of OC Oerlikon, for an upfront equity purchase price of CHF 713 million. This strategic acquisition will position Rieter as a global leader in both natural and manmade fiber technologies and significantly accelerate the company’s growth strategy. Barmag, a global market leader in equipment […]

Corporates

Reliance Industries Wins Trademark Battle Over Vimal Brand

Textile Insights May 2, 2025

Gujarat High Court Bars Ludhiana Firm from Using ‘Vimal’ Name on Apparel In a key legal victory for Reliance Industries Limited (RIL), the Gujarat High Court has barred Ludhiana-based Jaipal Gaba and his firm Mack Hosiery from using the ‘Vimal’ trademark, reaffirming RIL’s exclusive rights to the iconic brand. The decision upholds a prior order […]

Textile Park

MP Gets India’s First PM MITRA Park Rs 2100 Cr Sanctioned For Dhar

Textile Insights May 1, 2025

Madhya Pradesh has taken a major step forward in the national textile sector with the formal sanction of a PM MITRA (Mega Integrated Textile Region and Apparel) Park in Dhar district. The Central Government has approved funding of Rs 2,100 crore for the project, positioning the state at the forefront of India’s integrated textile infrastructure […]

Corporates

Rieter AGM: All Proposals Passed, CHF 2 Dividend Approved

Textile Insights May 1, 2025

Rieter Holding Ltd. held its 134th Annual General Meeting on April 24, 2025, with 337 shareholders representing 67.3% of the share capital in attendance. All motions proposed by the Board of Directors were approved. Shareholders endorsed a dividend of CHF 2.00 per share for the 2024 financial year, scheduled for payment on April 30, 2025. […]

Odisha Approves Rs 3,898 Cr Projects, Textile Sector Gets A Push

MSME Textile Park Launched In Kurnool To Boost Weaver Welfare And Industry

TN Handlooms Minister Visits Textile Mills, Reviews Operations And Schemes

Report Challenges Nike’s Wage Claims at Cambodian Supplier

Vietnam Tackles US Tariffs With Reforms And Diversification

Alok Industries Invests In Rieter’s Compact-Spinning System

Rieter To Acquire Barmag For CHF 713 Million

Reliance Industries Wins Trademark Battle Over Vimal Brand

MP Gets India’s First PM MITRA Park Rs 2100 Cr Sanctioned For Dhar

Rieter AGM: All Proposals Passed, CHF 2 Dividend Approved

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