A.P. Moller – Maersk and Saudi Arabia’s General Ports Authority, Mawani, have inaugurated the largest logistics park for Maersk in the Middle East, located at Jeddah Islamic Port. The ceremony was attended by notable figures including Engineer Saleh bin Nasser Al-Jasser, Minister of Transport
Sanathan Textiles, a yarn products manufacturer, has refiled its preliminary IPO papers with SEBI for the third time, aiming to raise Rs 800 crore. The IPO will feature a fresh issuance of equity shares worth Rs 500 crore and an offer-for-sale of Rs 300 crore by promoters. The company initially filed draft papers with SEBI […]
Seematti, a esteemed name in Indian textile industry, has made history by introducing India’s first AI-based fashion brand ambassador. The 110-year-old brand now features Isha Ravi, an AI fashion model with a flair for colors and travel, representing independence and style. Beena Kannan, Seematti’s CEO and lead designer, praised the innovation as a significant advancement
Union Minister of Textiles, Giriraj Singh met the beneficiaries of the Production Linked Incentive (PLI) Scheme for MMF apparel, fabrics, and technical textiles on 20th August in New Delhi. The participants shared their ongoing commitment, successes, experiences, feedback, and challenges related to the scheme. Giriraj Singh confirmed the Government’s dedication to
The Suez Canal Economic Zone (SCZONE) marked a major breakthrough on August 13, 2024, as Waleid Gamal El-Dien, Chairman of SCZONE, inaugurated the revolutionary ceremony for the US$ 40 million “Eroglu Garment” project. This venture, in collaboration with Turkish Eroglu Global Holding Group, is set to develop 64,000 square meters in the Qantara West Industrial
Gensol Engineering Limited, a leader in solar EPC and electric mobility solutions, has secured a Letter of Award (LOA) to execute a 16 MWp turnkey rooftop solar project valued at Rs. 40 crore for a prominent textile company under the commercial and industrial (C&I) segment. This repeat order will be installed in Madhya Pradesh, with […]
Pantaloons, India’s leading fashion retail brand, is excited to announce a special collaboration with Disney to commemorate 90 years of Donald Duck. This vibrant women’s collection, featuring 25 exclusive styles, blends Donald Duck’s iconic charm with contemporary fashion, crafted by Mumbai-based illustrator collective, Doodle Mapuls. The collection includes bold
The Lenzing Group, a leading supplier of regenerated cellulose fibers, will welcome Rohit Aggarwal as CEO, effective 1 September 2024. He succeeds Stephan Sielaff, who will depart at the end of August by mutual agreement with the Supervisory Board. Rohit Aggarwal brings decades of experience in the textile and chemical industries, with a strong track […]
The Ministry of Textiles (MoT) rolled out key initiatives to boost the handloom sector in India. The National Handloom Development Programme and Raw Material Supply Scheme provided extensive support, including financial aid for looms, infrastructure, and marketing. The Weavers’ MUDRA Loan Scheme offered margin assistance, interest subvention, and credit guarantees. Welfare
The ILO’s Employment-Intensive Investment Programme (EIIP) is making a significant impact on Jordan’s textile industry, as highlighted during a recent visit by an ILO delegation led by Regional Director for Arab States, Ruba Jaradat. The delegation inspected several key projects aimed at improving local infrastructure, creating jobs, and supporting sustainable





















