News - Textile Insights - Page 275

Corporates

Welspun Living Partners With Avgol Industries To Drive Sustainability

Textile Insights September 9, 2024

Welspun Living, part of the Welspun Group, has announced a strategic partnership with Avgol Industries to advance sustainable solutions in the non-woven sector. Avgol, a global leader in high-performance spun-melt non-woven fabrics and part of the Indorama Ventures Group, will collaborate with

Corporates

Amcor Appoints Peter Konieczny As CEO

Textile Insights September 8, 2024

Amcor has announced the appointment of Peter Konieczny as Chief Executive Officer, effective immediately. Konieczny, who has been serving as interim CEO since April 2024, will also be nominated for election as a Director at the company’s annual meeting of shareholders in November 2024. Amcor Chairman Graeme Liebelt praised Konieczny’s leadership, noting his role in […]

Special Report

Learnings From Epic Flop Sessions (Oopsie Daisy Meetings)

Textile Insights September 8, 2024

The Epic Flop Sessions are not about dwelling on the negatives, but leveraging these experiences to drive positive change, writes Murugan S. “What is it again?” I asked my friend, confused. “Yesterday, I had an Epic Flop Session at our mill!” he replied, emphasizing the word ‘Flop’. “I’ve never heard of that! What is it?” […]

Industry

Sircilla Powerloom Cluster Proposal Gains Support

Textile Insights September 5, 2024

Union Minister of State for Home Affairs, Bandi Sanjay Kumar, met with Union Textiles Minister Giriraj Singh in New Delhi on September 4th, to discuss several initiatives for the textile industry in Sircilla. During the meeting, Sanjay Kumar proposed the establishment of a powerloom cluster in Sircilla, which he believes would significantly benefit the local […]

Industry

Indian Textile Industry Poised For Growth Amid Rising Export Demand

Textile Insights September 5, 2024

The Indian textile industry is poised for growth in 2024, driven by rising export demand, resilient consumer spending, and favorable geopolitical conditions, according to a B&K Securities report. The ready-made garments (RMG) sector is expected to see significant export growth due to restocking by Western retailers, increased demand for spring-summer collections, and

Corporates

Meera Industries Bags Orders From Bulgaria And Egypt

Textile Insights September 5, 2024

Meera Industries has secured international orders totaling US$ 302,000, highlighting its technological expertise and growing global presence despite a challenging economic climate. The orders include US$ 181,000 from Sorokov Instruments in Bulgaria and US$ 121,000 from Egyptal Hegaz Co. in Egypt. These orders, spanning Europe and the Middle East, underscore the increasing

Corporates

Ganesha Ecosphere Partners With Race Eco Chain For PET Recycling

Textile Insights September 5, 2024

Ganesha Ecosphere to have a joint venture with Race Eco Chain to set up washing plants for producing PET flakes. The company’s Board of Directors approved the move during a meeting on September 4, 2024. As part of the joint venture, Ganesha Ecosphere will acquire up to a 49% stake, while Race Eco Chain will […]

Export

Vietnam Secures Textile Orders Through 2024

Textile Insights September 5, 2024

According to the Vietnam Textile and Apparel Association (VITAS), several textile companies in Vietnam have secured orders through the end of 2024 and are already negotiating deals for the upcoming year. Key export markets such as the U.S., Japan, South Korea, and China have shown positive growth, contributing to a significant rise in export turnover. […]

Industry

Tamil Nadu’s Textile Policy To Boost Tiruppur’s Apparel Role

Textile Insights September 5, 2024

The Tamil Nadu government’s new textile policy aims to enhance Tiruppur’s position in the apparel value chain, according to Dharmendra Pratap Yadav, Principal Secretary of the Handlooms, Handicrafts, Textiles, and Khadi Department. While the service sector contributes 65% to the State’s GDP, the government is focused on boosting the manufacturing sector,

Industry

BGMEA Appeals To Bangladesh Bank For Support Amidst Political Instability

Textile Insights September 4, 2024

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested urgent assistance from Bangladesh Bank to support the garment sector, which has been severely impacted by recent political instability. On August 27, 2024, BGMEA President Khandoker Rafiqul Islam and his delegation met with Dr. Ahsan H. Mansur, Governor of Bangladesh Bank, to discuss the

Previous
1
…
273
274
275
276
277
…
557
Next