News - Textile Insights

Machinery

Karl Mayer Successfully Launches TM 4 EL

January 21, 2024

At the end of 2023, Karl Mayer launched the TM 4 EL – a new, highly flexible machine for the mid-range segment in the four-bar tricot machine sector. The all-rounder machine produces fabrics for upholstery, automotive interiors and outerwear, as well as sportswear items and home textiles, all

Corporates

Arvind And Gap Lead With First Open-Source Center For Water Sustainability

January 21, 2024

Arvind Ltd and Gap Inc. marked a significant milestone with the inauguration of the Global Water Innovation Centre for Action (GWICA), the world’s first open-source innovation centre for water sustainability in apparel. This pioneering initiative aims to drive collaborative efforts towards sustainable water practices within the apparel industry, reinforcing the

Industry

BGMEA President Faruque Hassan Joins Forces With Bharat Tex 2024

January 21, 2024

In a major development that is set to reshape the landscape of the textile sector, BGMEA (Bangladesh Garment Manufacturers and Exporters Association) President Faruque Hassan has announced a transformative partnership with Bharat Tex 2024, the largest global textile event in India. This collaboration signifies a strategic alliance aimed at driving innovation,

Industry

TAG Meeting Charts Growth Plan For MMF And Technical Textiles

January 21, 2024

A pivotal meeting was held in New Delhi on January 18, 2024 by the Trade Advisory Group (TAG) for Man-Made Fibre (MMF) convened under the chairmanship of the Minister of Commerce and Industry, Piyush Goyal. The gathering, attended by industry stalwarts including Bhadresh Dodhia, Chairman of SRTEPC (The Synthetic and Rayon Textiles Export Promotion Council, […]

Industry

Wool Research Association Secures Patent For Innovative Enzyme-Based Detergent

January 21, 2024

In a significant achievement, Dr Mrinal Choudhari, Joint Director at Wool Research Association, has recently been granted a patent for her pioneering research project. The patent, issued by the Patent Office of the Government of India, bears the number 498456 and recognizes the groundbreaking work titled ‘Novel Detergent Formulation For Wool With Immobilized

Export

Chinese Textile & Apparel Exports Post Slight Fall In December

Textile Insights January 20, 2024

Chinese exports of textiles and apparels were down slightly by 0.10 percent year on year and touched US $25.27 billion in December 2023. Of this, textile overseas shipments totaled $11.21 billion, growing by 1.85 percent over same month of its previous year and garment exports were down by 1.60 percent and reached $14.07 billion. In […]

Industry

AMC To Supply Treated Industrial Water To Ahmedabad Mills

Textile Insights January 20, 2024

After two years of negotiations and persuasion, textile mills, which also include standalone dyeing and printing mills in Ahmedabad will finally get treated industrial wastewater at Rs 30 per kilolitre. The Gujarat Pollution Control Board (GPCB) and three major industry associations in the city have approved this price for drawing tertiary treated sewage water for […]

Financial Results

Reliance Industries Posts 10.9% Growth In Q3FY’24 Net Profit

Textile Insights January 20, 2024

In the third quarter of fiscal 2023-24, Reliance Industries Ltd (RIL) reported 10.9 percent year on year growth in net profit to Rs 19,641 crore, boosted by its retail, Jio, oil & gas divisions. The Mukesh Ambani led company posted consolidated revenues in the October to December quarter at Rs 248,160 crore, up 3.2 percent […]

Fabric

Cone To Show Denim Fabrics Made From Circulose At Kingpins

Textile Insights January 20, 2024

Cone Denim will showcase its first denim fabrics collections made with regenerated cellulose fibres at Kingpins New York which will be held January 24-25 in New York. “The pilot launch of these new styles underscores Cone Denim’s ongoing commitment to driving change toward a sustainable future in denim manufacturing,” the denim manufacturer said in a […]

Corporates

Welspun Living Wins JYSK’s ‘Supplier of the Year’ and Deloitte’s ‘Best Managed Company’ Awards

January 20, 2024

Welspun Living Ltd has achieved dual milestones by being honored with the prestigious ‘Supplier of the Year Award’ 2023 from JYSK, Europe’s retail giant, and the esteemed ‘Best Managed Company’ title by Deloitte for the second consecutive year in 2023. JYSK’s ‘Supplier of the Year Award Welspun Living’s exceptional commitment

Karl Mayer Successfully Launches TM 4 EL

Arvind And Gap Lead With First Open-Source Center For Water Sustainability

BGMEA President Faruque Hassan Joins Forces With Bharat Tex 2024

TAG Meeting Charts Growth Plan For MMF And Technical Textiles

Wool Research Association Secures Patent For Innovative Enzyme-Based Detergent

Chinese Textile & Apparel Exports Post Slight Fall In December

AMC To Supply Treated Industrial Water To Ahmedabad Mills

Reliance Industries Posts 10.9% Growth In Q3FY’24 Net Profit

Cone To Show Denim Fabrics Made From Circulose At Kingpins

Welspun Living Wins JYSK’s ‘Supplier of the Year’ and Deloitte’s ‘Best Managed Company’ Awards

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