News - Textile Insights - Page 29

Corporates

ASSOCHAM Highlights Textile Sector Priorities In Meeting With Finance Minister

Textile Insights June 24, 2026

India’s textile industry received a fresh platform to present its growth agenda as Updeep Singh, Chairman of ASSOCHAM’s National Council on Textiles and Technical Textiles, met Union Finance Minister Nirmala Sitharaman to discuss measures aimed at strengthening the sector’s

Event

KARL MAYER Exceeds Expectations At ITM 2026

Textile Insights June 23, 2026

KARL MAYER has reported a highly successful participation at ITM 2026, held in Istanbul from June 9–13, despite entering the event amid concerns over rising domestic costs and intense competition from low-priced Asian markets. The textile machinery leader said the exhibition delivered stronger-than-expected results, reaffirming the value of innovation, customer proximity

Corporates

Iris Clothings Expands Into Quick Commerce

Textile Insights June 23, 2026

Iris Clothings Ltd., a leading children’s apparel manufacturer and retailer, has entered the fast-growing Quick Commerce segment as part of its strategy to enhance consumer accessibility and strengthen its omnichannel presence. The company’s products will initially be available through Quick Commerce platforms in Bengaluru and Hyderabad, enabling faster

Corporates

Century Enka Signs PPA For 9.9 MW Hybrid Power Project

Textile Insights June 23, 2026

Century Enka Ltd. has entered into a Power Purchase Agreement (PPA) with ABREL Century Energy Ltd. (ABRELCEL), a special purpose vehicle (SPV), for the development of a 9.9 MW wind-solar hybrid power project aimed at meeting its captive power requirements. Under the agreement, the renewable energy generated from the project will be supplied exclusively to […]

Event

ITMA 2027 Gains Strong Momentum As Start-Up Participation Surges

Textile Insights June 23, 2026

Emerging Innovators Find a Global Launchpad at ITMA 2027 ITMA 2027 is witnessing strong early momentum, with applications for its dedicated Start-Up Valley nearly doubling compared to the previous edition, underscoring growing global interest from textile and garment technology innovators. Aligned with the exhibition’s theme, Co-creating the Future of Textiles, the

Product Launch & Innovation

X-Rite Pantone Launches Offset360 Colour Management Solution

Textile Insights June 22, 2026

X-Rite Pantone has introduced Offset360, a comprehensive colour management solution aimed at improving offset pressroom efficiency and reducing make-ready time without requiring investment in new presses. The system integrates press-side scanning automation, quality control and reporting software, and automated ink presetting into a closed-loop workflow. It is designed to

Export

Bangladesh MMF Export Push Faces Headwinds Over Proposed Duties

Textile Insights June 22, 2026

Bangladesh’s efforts to expand exports of man-made fibre (MMF) garments may face new challenges following proposals in the FY27 budget to increase import duties on key synthetic raw materials. The proposed measures include a 5% import duty on polyester staple fibre (PSF) and an increase in duties on PVC resin and PET resin to 10%, […]

Corporates

Reju Joins Recycling Europe Textiles To Strengthen Circular Economy Push

Textile Insights June 22, 2026

Recycling Europe has welcomed Reju as a new partner in its textiles branch, reinforcing efforts to accelerate textile circularity and strengthen markets for recycled materials across Europe. Reju is a textile-to-textile regeneration company focused on converting post-consumer PET waste and polyester textiles into new materials. The company brings together engineers,

Economy

Kraig Biocraft Highlights Commercial Scaling And Future Potential Of Spider Silk

Textile Insights June 22, 2026

Kraig Biocraft Laboratories Founder and CEO Kim Thompson has outlined the company’s progress in scaling recombinant spider silk production, focusing on commercial readiness, technological advantages and long-term industry applications. The company is advancing its proprietary platform using genetically engineered silkworms to produce recombinant spider silk fibres,

Trade & Market

China–Kenya Chambers Sign MoU To Strengthen Bilateral Cooperation

Textile Insights June 22, 2026

The China Chamber of Commerce for Import and Export of Machinery and Electronic Products and the Kenya National Chamber of Commerce and Industry have signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation through trade facilitation, knowledge exchange and joint research initiatives. The agreement aims to deepen industrial and commercial ties,

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