Gokaldas Exports has announced a strategic investment in BRFL Textiles Pvt. Ltd. (BTPL), one of India’s largest fabric processing companies. Gokaldas Exports will invest in BTPL through Optionally Convertible Debentures (OCDs). In the first tranche, Gokaldas Exports will subscribe for ₹50
The European Union’s new ecodesign regulation, which sets stringent sustainability requirements for all products in the bloc, is expected to impact Indian exporters, particularly smaller businesses. The regulation bans the destruction of unsold textiles and footwear, which could limit orders. Issued a few weeks ago, the guidelines mandate product durability,
AMSilk GmbH, a leader in advanced biomaterials made from spider silk-based proteins, has announced its participation in Pitti Immagine Filati in Florence, Italy, from Tuesday, June 25th, to Thursday, June 27th, 2024, where it will showcase its innovative biofabricated yarns. AMSilk is rapidly advancing towards becoming a commercial supplier of spider silk protein and
Selenis has achieved a significant milestone by successfully producing recycled PET chips using terephthalic acid supplied by Circ®, a leading textile-to-textile recycler based in Virginia. The production took place through a successful multiple-batch campaign at Selenis’ pilot plant in San Giorgio, Italy. Utilizing inputs recovered from polycotton textile waste,
Levi Strauss & Co., has launched its largest Levi’s store in India and the biggest within a mall globally, located in Pacific Mall, Tagore Garden, New Delhi. Spanning 9150 square feet (approximately 850 sqm), the new store highlights the company’s commitment to the Indian market and aligns with its direct-to-consumer strategy and Asian expansion. The […]
A media roundtable led by Cotton Council International (CCI) highlighted strategic India-U.S. textile trade partnerships, emphasizing U.S. cotton as the favored choice for Indian spinners. On June 19, in New Delhi, the “COTTON USA™: Weaving Threads of Unity between the U.S. Cotton and Indian Textile Industry” event delved deeper into this collaboration. India’s
Aditya Birla Group’s modern brand conglomerate, TMRW, has acquired a 16% minority stake in the Virat Kohli-endorsed clothing brand WROGN for Rs 125 crore, with an option to increase to a majority stake in the future. With this investment, TMRW’s portfolio now includes eight Indian fashion brands. WROGN, founded in 2014 by siblings Anjana and […]
The direct-spun PSF market has experienced relatively flat operations from January to May 2024. Apart from significant production cuts and shutdowns during the Spring Festival holiday, the operating rate has remained largely normal. In the first quarter of 2024, the operating rate averaged 76.6%, a slight decrease of 0.7% from the same period last year. […]
The global digital printing and dyeing machines market is set to experience significant expansion, projected to increase by US$ 10.51 billion from 2024 to 2028, growing at a robust CAGR of over 10.22% during this period, as reported by Technavio. This growth is primarily fueled by escalating worldwide demand for textiles and a noticeable shift […]
Sinbon and Makalot have forged a strategic partnership to capitalize on the burgeoning digital wellness market, projected to reach US$ 1.8 trillion globally by 2024, with the U.S. segment alone anticipated to hit US$ 480 billion this year. The alliance aims to leverage their Soft Electronics/Textile product creation platform, catering to diverse industries worldwide.





















