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Financial Results

Sportking India Reports Steady Growth In Q3 FY25 With Record Exports

Textile Insights January 29, 2025
Sportking India Limited, one of India’s prominent textile conglomerates, has announced its financial results for the third quarter (Q3) and nine months ending December 31, 2024. The company delivered steady growth in revenue, achieved its highest-ever quarterly exports, and reported improved
Event

GTTES 2025: A Global Platform for Textile Innovation & Collaboration

Textile Insights January 29, 2025
The Indian International Textile Machinery Exhibitions Society (India ITME Society) is set to make waves in the textile industry once again with the third edition of the Global Textile Technology & Engineering Show (GTTES 2025). Scheduled to take place from February 21-23, 2025, at the Bombay Exhibition Centre, Mumbai, this landmark event promises to be […]
Financial Results

Trident Reports Rs 1,678 Cr Revenue In Q3 FY25

Textile Insights January 29, 2025
The company is boosting sustainability with renewable energy projects Trident Limited, one of India’s largest vertically integrated manufacturers of textiles, paper, and chemicals, announced its financial results for the quarter ending December 31, 2024. The company demonstrated its commitment to sustainable manufacturing and fiscal responsibility while delivering steady
Financial Results

Siyaram Reports Strong Q3 FY25 Results With Expansion Plans

Textile Insights January 29, 2025
Siyaram Silk Mills Ltd., one of India’s leading producers of blended high-fashion fabrics, garments, and apparel, has announced its financial results for the third quarter (Q3) and the nine months ending December 31, 2024. The company reported strong performance in Q3 FY25, highlighting both revenue growth and ongoing expansion plans that signal a promising future. […]
Financial Results

Rieter Sees 34% Surge In Order Intake Despite Sales Decline In 2024

Textile Insights January 29, 2025
Rieter recorded a significant 34% increase in order intake, reaching CHF 725.5 million in 2024, marking four consecutive quarters of year-on-year growth. However, total sales declined by 39% to CHF 859.1 million, primarily due to lower volumes in the Machines & Systems Division. The Machines & Systems Division saw the sharpest decline, with sales falling […]
Corporates

Mafatlal Industries Marks 120 Years Of Excellence And Innovation

Textile Insights January 27, 2025
Mafatlal Industries Ltd, a cornerstone of the Indian textile industry, celebrates an extraordinary milestone -120 years of legacy, resilience and excellence. At a commemorative event held at the Nadiad plant, the occasion honoured four generations of visionaries who have laid a solid foundation for the company’s success. A newly inaugurated experience centre showcased the
Sustainability

Textile PRO Forum Launched To Harmonize EPR Schemes Across Europe

Textile Insights January 27, 2025
In a major step towards streamlining Extended Producer Responsibility (EPR) for textiles and footwear across Europe, leading Producer Responsibility Organizations (PROs) and business associations launched the Textile PRO Forum. This voluntary initiative aims to harmonize practices and share insights for the efficient implementation of textile EPR systems across EU member
Industry

CMAI Presents Budget Recommendations To Strengthen India’s Garment Sector

Textile Insights January 27, 2025
The Clothing Manufacturers Association of India (CMAI) has submitted key recommendations to the Union Government in anticipation of the Union Budget 2025-26, aiming to bolster the growth and sustainability of India’s vital garment sector. The garment industry, a significant contributor to India’s economy, employs over 11 million people, predominantly in the MSME sector,
Industry

AP Boosts Sircilla Textile Industry With Rs 650 Crore Orders For 1.30 Crore Sarees

Textile Insights January 27, 2025
The Andhra Pradesh government has taken a significant step to support the Sircilla textile industry by placing large-scale orders for sarees under the Indira Mahila Shakti Sarees Scheme. Tesco General Manager Ashok Rao handed over the saree production orders to self-help group (SHG) members during a meeting held at the Rajanna Sircilla district collectorate on […]
Event

LCAS-2025: Pioneering Life Cycle Assessment In India’s Technical Textiles

Textile Insights January 27, 2025
The Life Cycle Assessment Summit (LCAS-2025), organized by SASMIRA, concluded successfully on January 9–10, 2025, at SASMIRA, Worli, Mumbai. The two-day event marked a significant milestone in promoting Life Cycle Assessment (LCA) practices in India’s technical textiles sector, emphasizing sustainability and global competitiveness. Sanjay Savkare, Minister of Textiles,
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