US Ambassador to Bangladesh Peter Haas has stressed the necessity for Bangladesh to take bold steps in order to prosper as a country, but also added that Bangladesh has potential to become an Asian Tiger. “In order to become prosperous, Bangladesh must then take bold steps to expand
The Swedish Textile Machinery Association (TMAS) has recently become an Associate Member of the International Textile Manufacturers Federation (ITMF), further expanding ITMF’s role as a premier international forum for the global textile manufacturing value chain. With ITMF already representing companies responsible for approximately 90% of global textile and apparel
Bombay Dyeing has reported robust financial results for the quarter and fiscal year ended March 31, 2024. In Q4, consolidated sales reached Rs 381 crore, with a net profit of Rs 66 crore. For the entire fiscal year, consolidated revenue amounted to Rs 1,688 crore, while net profit stood at Rs 2,949 crore, inclusive of […]
Arvind Ltd has announced robust operational and financial performance in Q4 FY24, reflecting the success of its strategic initiatives amidst global challenges. The highlights include: Financial Performance (YoY): Overall revenues reached Rs 2075 cr, marking a solid 10% growth. Record EBITDA of Rs 243 cr, surge by 27%, with a margin increase to 11.7%. PAT […]
Century Textiles & Industries Ltd posted a 97 per cent drop in net profit to Rs 4 crore for the fourth quarter ended March 31, 2024 compared to Rs 145 crore in the year ago quarter. However, revenues in the January to March 2024 quarter grew 60 per cent to Rs 1,542 crore, up from […]
Nitin Spinners, India’s leading manufacturer of cotton & blended yarn, knitted fabrics, greige and finished woven fabrics, concluded its fiscal year 2024 on a high note, reporting significant growth and strategic advancements. Under the leadership of Dinesh Nolkha, Managing Director, the company has demonstrated resilience, agility, and a commitment to excellence,
At a recent in-house exhibition hosted in Eberbach, Germany, on the sidelines of Techtextil 2024, Dilo Group, a trailblazer in nonwoven fabric technology, unveiled a spectrum of cutting-edge solutions that underscore the company’s pivotal role as an innovator in the global nonwovens industry. This event not only served as a platform to showcase advanced technologies […]
China’s textile and apparel exports amounted to US $23.934 billion in April 2024, a year-on-year decline of 3.12 percent, data from the Chinese Customs informed. Of which, exports of textiles stood at 12.190 billion in April, down 2.36 percent, while overseas shipments of garments amounted to $11.744 billion, a year-on-year fall of 3.90 percent. In […]
The 77th All India Textile Conference organised by the Textile Association (India) – Delhi was held in March at IIT-Delhi under the theme of ‘Post-Pandemic on Global Vision of Textile Industry’. The conference was inaugurated by Chief Guest Madhu Sudhan Bhageria, Chairman of Filatex India, while Anil Jain, Chairman of Jain Cord Group of Industries […]
“In the first three months of ongoing year, overall US apparel imports dropped 7.14 per cent, falling to US $18.07 billion from $19.46 billion in the same period of 2023,” data from OTEXA informed. In contrast, US imports of garments from Bangladesh declined higher at 17 percent to $1.75 billion in the first quarter of […]





















