News - Textile Insights - Page 370

Corporates

Trützschler Partnership Propels Zagis to New Heights of Innovation

March 7, 2024

Zagis S.A. de C.V., a family-owned spinning and knitting company located in Tepeji del Río, Mexico, boasts a rich history and harbors ambitious goals for a more sustainable future. Innovation has been central to its success over the past 60 years. Through its partnership with Trützschler, it

Tete-A-Tete

Garden Silk’s Renewed Focus On Modernity And Youthfulness Will Drive Business Growth And Profitability: Amitava Banerjee

March 7, 2024

In an exclusive interview with Textile Insights, Amitava Banerjee shares insights into the company’s recent investments and strategic initiatives aimed at enhancing competitiveness and achieving substantial growth. From technological upgrades to market rebranding efforts, Banerjee discusses how Garden Silk navigated challenges, including the impact of the COVID-19

Tete-A-Tete

We Contribute To Sustainability With Use Of Recycled Materials In Our Products: Siddharth Vohra

March 7, 2024

How does Indo Rama India prioritize sustainability in its manufacturing operations, exemplified by its promotion of recycled fabrics and T-shirts at the Bharat Tex exhibition? Indo Rama Ventures boasts nearly 140 manufacturing facilities spanning across more than 39 countries worldwide. At Indo Rama India, we specialize in manufacturing polyester filament, nylon and

Apparel, Fashion, Retail

Sri Lanka’s Apparel Sector Unveils New Transparency Initiative

Textile Insights March 7, 2024

Sri Lanka’s apparel sector has unveiled a unified QR code system for clothing labels and is designed to significantly improve visibility throughout the entire supply chain. The Sri Lankan clothing sector by launching the code is responding to the global call for heightened transparency and sustainability in manufacturing practices. The garment industry has

Apparel, Fashion, Retail

US Bill Aims To Incentivise Fashion Reshoring & Circularity

Textile Insights March 7, 2024

A new US trade bill aims reduce reliance of textiles and apparel on Chinese imports and support domestic industry, while also boosting circular fashion offering US $14 billion in incentives. The Americas Trade and Investment Act seeks to encourage reshoring and near-shoring of manufacturing supply chains with a heavy footprint in China. It also aims […]

Apparel, Fashion, Retail

Swedish Apparel Retailer H&M Moves Towards Textile Circularity

Textile Insights March 7, 2024

H&M Group and Vargas Holding launched Syre, a new initiative to manufacture textile-to-textile recycled polyester fibre. Syre is also backed by TPG Rise Climate and aims to rapidly scale textile-to-textile recycling of polyester and contribute to a more sustainable textile industry. H&M Group has signed an agreement with Syre to purchase US $600 million worth […]

Policies

Selling Machine Made Products As Handmade Will Be Penalised

Textile Insights March 7, 2024

Textiles Minister Piyush Goyal warned of firm action against those selling machine-made products under the ‘Handmade in India’ label. Piyush Goyal said this during his interaction with beneficiaries of the textile sector and urged them to be vocal for local and take local to global. Also present during the interaction were Minister of State for […]

Sustainability

YKK Achieves Highest ‘A List’ Rating In 2023 CDP Survey

Textile Insights March 7, 2024

Garment accessories manufacturer YKK Corporation has for the first time achieved the highest ‘A List’ rating in the 2023 Climate Change survey conducted by environmental disclosure nonprofit, CDP. CDP evaluated over 21,000 companies based on information reported through its climate change, deforestation, and water security questionnaires. “Just under 400 or 2 percent of

Machinery

Rieter Bags Big Order For Combers & Draw Frames From Chinese Mill

Textile Insights March 7, 2024

Rieter has received an order for the first batch of Rieter technologies amounting to around CHF 62 million from Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW). Rieter also signed a partnership with DIW to develop intelligent yarn manufacturing technology that utilises digitisation and automation to minimise conversion costs and maximise

Industry

Bangla Engineers Identify Challenges Impacting Textile & Apparel Sector

Textile Insights March 6, 2024

A group of 40 top Bangladeshi textile engineers and entrepreneurs have identified various challenges, inhibiting the growth of the textile and apparel industry in the country. The engineers met in Dhaka on March 3 under the banner of Textile Engineers – Entrepreneurs. This group identified skills gap, trust deficit between employers and employees, rising operational […]

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