News - Textile Insights - Page 224

Machinery

Veolia To Showcase Sustainable Water Solutions At GTTES 2025

Textile Insights February 8, 2025

Veolia Water Technologies & Solutions (India), a global leader in sustainable water management, is showcasing its expertise at the GTTES 2025 exhibition. Veolia offers innovative solutions to address the complex water, wastewater and process challenges in the textile industry. With a

Machinery

Verodatatex India To Showcase Innovative ERP Solutions At GTTES 2025

Textile Insights February 8, 2025

Verodatatex India, representing Datatex, the world’s leading provider of ERP solutions for the textile and apparel industry, is set to showcase its innovative software solutions at GTTES 2025. With over 35 years of experience and a presence in 45 countries across five continents, Datatex specializes in optimizing operations, enhancing decision-making and streamlining

Machinery

Jiangsu Xiangdao To Showcase High-Speed Knitting Machinery At GTTES 2025

Textile Insights February 8, 2025

Jiangsu Xiangdao Precision Machinery Co., Ltd., one of China’s largest manufacturers of high-speed braiding machines, is set to showcase its advanced textile machinery solutions at GTTES 2025. With a portfolio of over 600 machine models, the company is known for its in-house production of all spare and wearing parts, ensuring high durability and superior quality. […]

Event

Bharat Tex 2025 To Showcase India As A Global, Sustainable Textile Hub

Textile Insights February 4, 2025

Union Textiles Secretary, Neelam Shami Rao, lauded industry bodies for their efforts in organizing Bharat Tex 2025, the largest-ever global textile show. Commending the textile Export Promotion Councils (EPCs) and industry associations, she emphasized that Bharat Tex reaffirms India’s position as a reliable and sustainable sourcing and investment destination for textiles.

Corporates

Lokpriya Spinning Mills Completes A Year Of Crafting High Quality SIRO & Compact Yarns With LMW’s Smart Machines

Textile Insights February 3, 2025

LMW is proud to be a key partner in the success of Lokpriya Spinning Mills, a venture by APL CORPORATION PVT LTD, as they commemorate their first anniversary. Over the past year, Lokpriya Spinning Mills has been dedicated to manufacturing high quality SIRO and Compact Viscose Yarns, powered by LMW’s cutting-edge Smart Machines. Lokpriya Spinning […]

Financial Results

Raymond Lifestyle Posts 2% Revenue Growth In Q3 FY25

Textile Insights February 3, 2025

Raymond Lifestyle Limited has announced its unaudited financial results for Q3 FY25, reporting a total income of Rs 1,796 crore, a 2% YoY growth despite subdued market sentiment. EBITDA stood at Rs 221 crore, with an EBITDA margin of 12.3%, impacted by weaker consumer demand and increased investments in retail expansion. Key Financial Highlights (Q3 […]

Financial Results

Welspun Living Continues Strong Growth With Sustainable Expansion In Q3FY25

Textile Insights February 3, 2025

Welspun Living Ltd., a global leader in home textiles and part of the US$ 3.6 billion Welspun Group, has announced its Q3FY25 financial results, showcasing a robust performance driven by sustainable business practices and innovation. The company reported a 3% year-on-year growth in consolidated revenue, reaching Rs 25,277 million for Q3FY25, while year-to-date (YTD)

Corporates

Andritz Installs reXline Tearing System At AITEX To Advance Textile Recycling

Textile Insights February 3, 2025

International technology group Andritz has successfully supplied and commissioned a state-of-the-art reXline tearing installation at AITEX, one of Europe’s leading textile research and development centers, based in Alicante, Spain. This customized system is set to enhance AITEX’s capabilities for textile recycling trials and expand its portfolio of innovative recycling

Corporates

PDS Expands Manufacturing Footprint In India

Textile Insights February 3, 2025

PDS has achieved a significant milestone in its expansion strategy with the acquisition of a 55% stake in Knit Gallery India Pvt Ltd (KGIPL), enhancing its sourcing footprint and leveraging India’s strategic role in the global textile and fashion industry. Knit Gallery, established in 2001, is a Tirupur-based manufacturer and exporter specializing in high-quality apparel,

Economy

Union Budget 2025-26: A Transformational Push For Textiles, MSMEs, Agriculture And Exports

Textile Insights February 1, 2025

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, introducing a series of bold reforms and sector-specific initiatives aimed at bolstering India’s textile industry, MSMEs, exports and agriculture, while implementing tax relief measures to increase disposable income and stimulate economic growth. With a strong focus on self-reliance, domestic

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