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Industry

Social Partnerships In European Textiles & Clothing Industry

Textile Insights May 28, 2024

EURATEX and IndustriAll Europe have launched StitchTogether, a new Europe-wide two-year project to promote social partnerships in the European textiles and clothing Industry. Stitch Together recognises the industry’s need to adapt to global competition, eco-friendly practices, and technological

Policies

Bangladeshi Apparel Export Sector Seeks Tax Breaks In Budget

Textile Insights May 28, 2024

Bangladesh’s apparel export sector is seeking tax breaks and extended policy support in the upcoming budget due to a slowdown in global demand and rising production costs. This includes a significant reduction in source tax and VAT relief on raw materials, which can help them navigate challenging economic pressures. The garment factories have requested the […]

Corporates

RSWM Honoured With Three Gold Export Awards By TEXPROCIL

Textile Insights May 28, 2024

Riju Jhunjhunwala led RSWM Ltd has won three gold awards at TEXPROCIL Awards for highest export of denim fabric (2021-22) and processed yarn (2021-22, 2022-23). RSWM Ltd’s journey to success is marked by a relentless pursuit of excellence across all aspects of its operations. Whether it is leveraging state-of-the-art machinery to implementing best industry practices, […]

Machinery

Emtec Showcasing TSA Tactile Sensation Analyser At Hightex

Textile Insights May 28, 2024

Emtec Electronic GmbH will be displaying the Emtec TSA Tactile Sensation Analyser, which represents a significant advancement in haptic testing technology at Hightex exhibition in Istanbul. The portable lab device evaluates the hand-feel of fabrics with unprecedented accuracy and efficiency, measuring softness, smoothness, and stretch and recovery parameters within two

Machinery

Trützschler Unveils Digital Start-Up To Derive Maximum Value

Textile Insights May 28, 2024

Trützschler’s Digital Start-Up is a special service that helps its mill customers get maximum value from Trützschler’s digital solutions. From personalised configurations through to analysing data and optimising production processes in real time, a customer mill can rely on Digital Start-Up to support yarn production processes. “The Trützschler Services team will work

Financial Results

Indo Count Industries Surpasses Rs. 2000 Crores Net Worth In FY24

May 28, 2024

Indo Count Industries Ltd, a leading global manufacturer of home textile bed linen, has announced its audited financial results for the fiscal year ending March 31, 2024. The company has achieved its highest-ever yearly revenue and EBITDA, marking a significant milestone in its financial performance. Indo Count’s net worth crossed Rs. 2000 crores, reaching Rs. […]

Machinery

A.T.E. To Have Significant Presence In Texfair 2024

May 27, 2024

As the Indian textile and clothing industry is embarking on a trajectory to reach US$ 350 billion by 2025 (*), the Southern India Mills’ Association (SIMA) is organising a large exhibition of textile machinery, accessories and spares – Texfair 2024. This event is being held from June 21-24, 2024 at CODISSIA Trade Fair Complex, Coimbatore, […]

Sivaramakrishnan Ganapathi, Vice Chairman & MD of Gokaldas Exports

Financial Results

Gokaldas Exports Reports Strong Q4, Announces Acquisitions

May 27, 2024

Gokaldas Exports Ltd, a leading garment manufacturer, has announced its financial results for Q4 FY24, showcasing significant growth and strategic expansions aimed at bolstering its market position. For the quarter ending March 31, 2024, Gokaldas Exports reported consolidated revenue of ₹ 818.0 crore, marking a 54% increase from ₹ 530.1 crore in Q4 FY23. The […]

Corporates

Speciality Lubricants Maker Klüber Expanding Indian Production

Textile Insights May 27, 2024

Speciality lubricants manufacturer Klüber Lubrication is expanding its production facility in Mysore, which will be fully operational by the beginning of 2027. “Klüber India’s manufacturing plant in Mysore is spread over 17,000 sq. meters at present and produces world-class specialty lubricants,” the company said in a press release. The company had recently announced an

Export

Uzbek Textile & Apparel Exports Cross $1bn Mark In Jan-April

Textile Insights May 27, 2024

In the first four months of the ongoing year, textile and apparel exports crossed the US $1 billion mark and increased 1.4 percent over the same period of previous year. Of total textile and garment exports, yarn accounted for 46.8 percent, while finished textile products accounted for 37.3 percent with 495 types of textile and […]

Social Partnerships In European Textiles & Clothing Industry

Bangladeshi Apparel Export Sector Seeks Tax Breaks In Budget

RSWM Honoured With Three Gold Export Awards By TEXPROCIL

Emtec Showcasing TSA Tactile Sensation Analyser At Hightex

Trützschler Unveils Digital Start-Up To Derive Maximum Value

Indo Count Industries Surpasses Rs. 2000 Crores Net Worth In FY24

A.T.E. To Have Significant Presence In Texfair 2024

Gokaldas Exports Reports Strong Q4, Announces Acquisitions

Speciality Lubricants Maker Klüber Expanding Indian Production

Uzbek Textile & Apparel Exports Cross $1bn Mark In Jan-April

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