Bangladesh apparel exporters are facing a crisis over the government’s decision to withdraw cash subsidies for five clothing products, which make up for 55 percent of the sector’s exports. Along with the garment industry, the Bangladesh government had reduced incentives for other export sectors
Net profits of major Chinese textile companies rose 7.2 percent year on year to Yuan 180.2 billion in the previous year. “The collective operating revenue of these textile enterprises amounted to Yuan 4.70 trillion in 2023, down 0.8 percent over 2022,” data of the Ministry of Industry and Information Technology informed. In the previous year, […]
In a momentous event that marked a leap towards innovation and excellence in the textile industry, Shivkrupa Cotspin Pvt. Ltd. proudly inaugurated its sprawling mega project, Spinning Unit II, at Virwade Road, Chopda on 2 February 2024. The inauguration ceremony witnessed the presence of dignitaries, industry leaders and key stakeholders. The ribbon-cutting ceremony was
The Mumbai unit of The Textile Association (India) hosted an international conference on January 31, 2023, at Hotel The Lalit, Mumbai, centred around “Sustainability and Circularity – The New Challenges for the Textile Value Chain.” The conference was inaugurated by Seema Srivastava, Executive Director of India ITME Society, who lit the ceremonial lamp with
Trützschler’s Intelligent Solutions has been chosen by Lantabur Textiles Ltd for its spinning mill project in Bangladesh. Trützschler, a renowned name in textile machinery, has been a chosen supplier for Lantabur Textiles Ltd, a prominent garment manufacturer in Bangladesh. The intelligent spinning preparation solutions provided by Trützschler are poised to enhance
Karl Mayer, a leading textile machinery manufacturer, announced the appointment of Toros Greenhalgh as the new General Manager for its subsidiary in Türkiye. This strategic move aims to enhance response times and elevate customer satisfaction in the Turkish market through refined and optimized service processes. Toros Greenhalgh, a distinguished graduate mechanical
SRTX, renowned for its patent-pending Sheertex Rip-Resist knit, has inaugurated its new 300,000 sq. ft. global headquarters, doubling its previous facility. Founded in 2017 by Katherine Homuth, SRTX focuses on durable, sustainable textiles. The expansion enables full vertical integration, overseeing production, including in-house extrusion of Ultra-High Molecular Weight
The board of directors at Hennes & Mauritz AB has appointed Daniel Ervér as the new President and CEO of the H&M Group. This decision follows the departure of Helena Helmersson, who has gracefully stepped down from her role as CEO. Daniel Ervér, born in 1981, brings a wealth of experience to the position, having […]
Mimaki Europe, a leading manufacturer of inkjet printers and cutting-edge technologies, has appointed Takao Terashima as its new Managing Director. Commencing his journey with Mimaki in 1997 within the Research and Development Department, Terashima has honed his extensive expertise in Mimaki’s technology portfolio and the surrounding market throughout his 26-year
Poddar Pigments Ltd has partnered with IB Vogt Solar India for a 3 MWp solar power plant in Jaisalmer, Rajasthan. The plant aims to generate electricity for captive consumption, highlighting Poddar Pigments’ commitment to sustainability. The move signifies a step towards eco-friendly practices and reduced carbon footprint, showcasing the company’s dedication to





















