Coloreel Group AB, the Swedish technology company renowned for its groundbreaking instant thread dyeing technology, has announced its filing for bankruptcy. The decision follows challenges in scaling business volume and securing necessary financing. Despite extensive discussions with financial
Kraig Biocraft Laboratories Inc., a leading developer of recombinant spider silk-based fibers, announced the signing of a significant production agreement aimed at scaling up its proprietary spider silk technology. This milestone builds upon the successful rollout earlier this year of Kraig Labs’ innovative spider silk production hybrids. Under the terms of the
The General Assembly of ACIMIT, the Italian Textile Machinery Manufacturers Association, held in Milan on July 9, emphasized the industry’s commitment to innovation amidst current global uncertainties. Marco Salvadè, ACIMIT’s president, highlighted key data from the Italian textile machinery sector: in 2023, production and exports both declined by 16%, reaching
In Zhejiang province, workers at the Wenzhou Tiancheng Textile Company, one of China’s largest cotton recycling plants, feed discarded cotton clothing and bed linens into shredding machines. This is the first step in recycling textiles, a critical issue given that only 12% of global textile waste is recycled, with a mere 1% of castoff clothes […]
The Confederation of Indian Textile Industry (CITI) and the Taiwan Textile Federation (TTF) have signed a Memorandum of Understanding (MOU) to significantly enhance cooperation and foster exchanges in the textile and clothing industries. This pivotal agreement was formalized by Rakesh Mehra, Chairman of CITI and James Kuo, Chairman of TTF. Effective immediately, the MOU
The Indian Texpreneurs Federation (ITF) recently met with Union Textile Minister, Giriraj Singh, to present a comprehensive report on the ‘Opportunities and Challenges for the Indian Textile and Apparel Sector.’ The meeting focused on strategies to harness the China Plus One opportunity in apparel exports and enhance India’s monthly apparel export rate
Highlights of the industry recommendations: Removal of import duty from all varieties of cotton Increase the BCD on MMF yarn from the present 5% to 10%. Exempt varieties of textile raw material (fibre and yarn) which are not available domestically from the scope of Quality Control Orders (QCOs) Statutory/regulatory measures to curb cheap imports of […]
In the dynamic world of India’s textile and clothing (T&C) sector, the fiscal year 2023-24 has brought both challenges and opportunities. As global markets shift and consumer preferences change, India’s role in the global textile trade is closely examined. This analysis, written by Henry Dsouza, Associate Editor of Textile Insights, explores the trends that shaped […]
The integration of technology in textile manufacturing is not just about adopting new tools but about reimagining the entire production process, writes N. Chandran The Indian textile industry’s rich heritage can be traced back to the Indus Valley civilisation, while modern textile manufacturing flourished in the 19th century. Being one of the biggest employment
A media roundtable led by Cotton Council International (CCI) highlighted strategic India-US textile trade partnerships, emphasizing US cotton as the favoured choice for Indian spinners. On June 19, the “COTTON USA: Weaving Threads of Unity between the U.S. Cotton and Indian Textile Industry” event held in New Delhi, delved deeper into this collaboration. India’s textile






















