News - Textile Insights - Page 329

February 26, 2026

Event

IDH And Better Cotton Host Roundtable On Textile Sustainability At Bharat Tex 2024

March 3, 2024

IDH and Better Cotton co-hosted a roundtable on the “Future of Textiles: ESG and Sustainability” at Bharat Tex 2024 in New Delhi, India. Chaired by Gauri Singh, Deputy Director-General of the International Renewable Energy Agency (IRENA), the meeting emphasized the critical need to

Apparel, Fashion, Retail

RIL In Talks With Primark For Indian Market Entry

March 3, 2024

Reliance Industries Ltd (RIL) is in initial discussions with British fashion retailer Primark to introduce the brand in India. Primark, known for its affordable clothing and footwear, has been eyeing the Indian market for some time. With over 400 stores globally, Primark is exploring a partnership with Reliance, potentially through a joint venture or licensing […]

Corporates

AEPC Celebrates 46th Foundation Day

March 3, 2024

Apparel Export Promotion Council (AEPC) celebrated its 46th Foundation Day at its headquarters at Apparel House in Gurugram. The event began with lighting of lamp and cutting of cake. Sudhir Sekhri, Chairman AEPC, Rakesh Vaid, Vice Chairman ATDC, HKL Magu Past Chairman AEPC, Gautam Nair, Committee Member, Mithileshwar Thakur, Secretary General AEPC and staff members […]

Corporates

Biancalani Textile Machinery Wins Most Innovative Enterprise Award For 2nd Consecutive Year

March 3, 2024

Biancalani Textile Machinery has announced its recognition as the Most Innovative Textile Finishing Machinery Enterprise for the second consecutive year at the prestigious European Enterprise Awards 2023. With over 50 patents worldwide and a legacy of innovation since 1957, Biancalani continues to lead the industry in fabric preparation and finishing technologies. The

Corporates

Ion Exchange (India) Partners With TERI For TADOX Wastewater Tech

March 3, 2024

Ion Exchange (India) Ltd has announced its partnership with TERI – The Energy and Resources Institute through the signing of a TADOX® Technology and Trademark License Agreement (TTLA). This collaboration aims to commercialize TERI’s patented TADOX wastewater treatment technology for industrial applications. Expressing enthusiasm about the partnership, Aankur

Financial Results

Andritz Reports Best Ever Financial Results In History

Textile Insights March 2, 2024

Nonwovens technology and recycling solutions manufacturer Andritz said it has reported best ever financial results in its history in 2023, when its revenue increased to €8.7 billion, up 15 percent over 2022. Net income at the German company rose to €504 million in 2023, up a massive 25 percent over its previous year and operating […]

Technical Textile & Nonwoven

Freudenberg Launches 100% Synthetic Wetlaid Nonwoven Fabric

Textile Insights March 2, 2024

Freudenberg Performance Materials has launched a new 100 percent synthetic wetlaid nonwoven product line under the brand name of Filtura and has been fully made in Germany. “The new materials can be manufactured from various types of polymer-based fibres, including ultra-fine micro-fibres,” a Freudenberg press release informed. These unique wetlaid materials from

Fibre

Unifi Targets To Recycle Equivalent Of 1.5bn T-Shirts By 2030

Textile Insights March 2, 2024

Unifi, maker of Repreve brand recycled fibres has set an ambitious textile-to-textile recycling target to transform the equivalent of 1.5 billion t-shirts worth of textile and yarn waste into new products by 2030. “Our fourth annual sustainability publication showcases UNIFI’s continuous progress and ongoing commitment to setting and exceeding new sustainability

Industry

VF Supports Reskilling Unemployed Women Garment Workers

Textile Insights March 2, 2024

VF Corp, owner of garment brands like Vans, The North Face, Timberland, etc has extended its support for a programme that helps women garment workers re-enter employment who have lost their jobs as a result of increased automation. VF has confirmed it will offer a further grant to Shimmy Technologies, a women-owned social enterprise which, […]

Policies

Finance Ministry May Tweak 45 Days Payment Rule for MSMEs

Textile Insights March 2, 2024

The government is actively reviewing the concerns of stakeholders and assessing whether there are valid grounds for amendments to this 45-days payment rule for MSMEs. The Union Finance Ministry is contemplating a revision to a recent tax regulation requiring businesses to settle payments to small and medium-sized enterprises (MSMEs) within 45 days. This follows a […]

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