October 5, 2026
Corporates

Sinbon and Makalot Introduce Revolutionary EMS Fitness Suit

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.
Corporates

UMPESL & Draft-Air Partner To Strengthen Business In India

Universal MEP Projects & Engineering Services Limited (UMPESL), a 100% wholly owned subsidiary of Voltas Limited, a TATA Enterprise, announced that it has entered into an agreement for the marketing and sales of humidification plants from the reputed Indian manufacturer, Draft-Air India Pvt. Ltd. This cooperation is expected to strengthen both UMPESL’s and Draft-Air’s
Policies

India Extends PLI Scheme Timeline Amid Textile Export Challenges

The Indian government has decided to extend the timeline for setting up facilities under its Production Linked Incentive (PLI) scheme from two years to over three years. This adjustment aims to improve the scheme’s effectiveness in boosting India’s textile exports, which saw a decline of 11.69% from $16.24 billion in 2018 to $14.34 billion in […]
Event

Texfair 2024 To Kick Off On June 21 In Coimbatore

The Southern India Mills’ Association (SIMA) is set to host the 14th edition of Texfair, a prominent textile machinery fair, in Coimbatore from June 21 to 24. Texfair will feature 240 exhibitors, including international participants, occupying 260 stalls. Exhibitors will showcase a wide array of textile machinery, spare parts, accessories, and innovative technologies. The
Sustainability

IFC and EPIC Group Partner For Sustainable Textile Growth

IFC has announced a partnership with EPIC Group, a global leader in the apparel industry, to support sustainable textile manufacturing and enhance resource efficiency in Bangladesh and India. This collaboration includes a $100 million debt financing package comprising a $70 million sustainability-linked loan and a $30 million green loan. The funding will enable EPIC Group
Event

9th ASEAN Traditional Textiles Symposium Promotes Cultural Heritage

The 9th ASEAN Traditional Textiles Symposium (ATTS) is scheduled to take place at the Landmark Hotel in Vientiane from November 4-6, emphasizing the preservation and promotion of traditional textile practices and cultural heritage across the ASEAN region. Souvita Phaseuth, President of the Lao Handicraft Association, highlighted the symposium’s focus during a recent