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Indian Textile Industry Trends For 2024 & Beyond

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ITTA’s AGM: Announcing New Strategies & Awards

Textile Insights September 17, 2024
The Indian Technical Textile Association (ITTA) held its 14th Annual General Meeting (AGM) on September 13, 2024, at the Orchid Hotel in Mumbai. The event, chaired by Avinash Misar, saw a large gathering of ITTA members, special invitees, and media representatives. Dr. Anup Rakshit, Executive
Product Launch & Innovation

Centric Software Launches AI-Powered Fashion Design Tool

Textile Insights September 17, 2024
Centric Software has announced the release of Centric AI Fashion Inspiration, a generative AI image tool designed to streamline the fashion design process. Centric Software, known for its innovative enterprise solutions, helps companies in fashion, luxury, footwear, home goods, and more, achieve digital transformation by optimizing product planning, design, sourcing and
Corporates

Indo Count Acquires Fluvitex USA To Expand Utility Bedding Footprint

Textile Insights September 17, 2024
Indo Count Industries Limited, a global leader in bed linen, today announced a strategic move to expand its Utility Bedding segment. Its U.S.-based subsidiary, Indo Count Global, Inc. (ICG), has acquired Fluvitex USA, Inc., a pillow and quilt manufacturing company in Columbus, Ohio. Fluvitex USA, part of the Spanish textile machinery firm Masias Invest, S.L., […]
Technical Textile & Nonwoven

Maharashtra To Lead In Technical Textiles: Virendra Singh

Textile Insights September 16, 2024
In a keynote speech at the 14th AGM and award ceremony of the Indian Technical Textile Association (ITTA), Virendra Singh (I.A.S.), Secretary (Textiles), Government of India, outlined the government’s vision and policies aimed at supporting and advancing the technical textile sector. Emphasizing the government’s readiness to listen to the industry, Singh positioned
Corporates

Fabindia Teams Up With MSME Ministry To Boost Artisans

Textile Insights September 16, 2024
Fabindia, a prominent lifestyle brand renowned for blending traditional Indian craftsmanship with contemporary design, has announced its strategic partnership with the Ministry of Micro, Small and Medium Enterprises (MSME Ministry) under the newly launched PM Vishwakarma scheme. This initiative, unveiled on September 17, 2023, aims to support India’s traditional artisans
Corporates

Home Joy Socks To Invest US$ 50M In BEPZA Economic Zone

Textile Insights September 16, 2024
Chinese company Home Joy Socks Bangladesh Co. Ltd. is set to invest $50 million to establish a socks and garments manufacturing facility in the Bangladesh Export Processing Zones Authority Economic Zone (BEPZA EZ). BEPZA recently signed an agreement with the company at BEPZA Complex in Dhaka. The agreement was signed by BEPZA’s Member (Investment Promotion), […]
Corporates

KARL MAYER Hosts Chinese Delegation, Strengthens Partnership

Textile Insights September 16, 2024
KARL MAYER Group recently hosted a delegation from Shandong province, China, at its headquarters in Obertshausen, Germany. The visit was a key part of their tour through Germany. Jingjin Equipment Co., Ltd., a leading Chinese manufacturer of industrial filter solutions and a valued customer of KARL MAYER for nearly a decade, has made significant investments […]
Corporates

Reliance Retail Partners With Delta Galil For Apparel Innovation

Textile Insights September 16, 2024
Reliance Retail Ventures Ltd (RRVL), India’s leading retailer, has entered into a strategic partnership with Delta Galil Industries Ltd., a global manufacturer and marketer of intimate, active wear, loungewear and denim apparel. The partnership, structured as a 50/50 joint venture, aims to transform the apparel landscape in India. This collaboration will create an
Corporates

ACG Kinna Acquires Styrteknik, Expands Automation Offer

Textile Insights September 16, 2024
ACG Kinna Automatic AB has acquired 100% of Styrteknik Europe AB, a Sweden-based company specializing in industrial sewing machines and automatic systems for sewing circles and cross seams in cushions, mattresses, pads and other filled products. Founded in 1974, Styrteknik has become a market leader in its segment. The consolidation, effective as of June 2024, […]
Corporates

Durst Group Appoints Chris Schowalter As Global Sales Director Software

Textile Insights September 15, 2024
Durst Group, a leading manufacturer of advanced digital printing and production technologies, has announced the appointment of Chris Schowalter as its new Global Sales Director Software. This move underscores Durst’s commitment to expanding its software solutions for the printing industry. With over 20 years of experience in the print sector, particularly in inkjet
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    Indian Textile Industry Trends For 2024 & Beyond

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