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Financial Results

Neochem Reports 32% Revenue Growth In FY26, PAT Surges 62%

Textile Insights June 9, 2026

Specialty bio-solutions company Neochem has reported strong financial performance for the fiscal year ended March 31, 2026, driven by improved operational efficiencies and higher profitability across its business segments. According to its audited standalone financial results, the company

Corporates

Fineotex Group Expands Texas Manufacturing Capacity By 75% Through US Subsidiary

Textile Insights June 9, 2026

CrudeChem Technology LLC, the US subsidiary of Fineotex Chemical Limited, has announced a major expansion of its manufacturing facility in Texas, increasing production capacity by 150 million pounds per year to meet rising demand for specialty chemicals across global markets. The expansion will raise the facility’s total manufacturing capacity from 200 million pounds per

Textile Park

PLI Scheme Drives Investment, Exports And Employment In India’s Textile Sector

Textile Insights June 9, 2026

The Production Linked Incentive (PLI) Scheme for Textiles is emerging as a key driver of investment, manufacturing growth and export expansion in India’s textile industry, with significant progress reported since its implementation. According to data released by the Ministry of Textiles, investments worth Rs 7,343 crore have been reported under the scheme, generating

Corporates

Barmag, Hitech Partner To Automate Doffing On Texturing Machines

Textile Insights June 9, 2026

Barmag (Suzhou) Technology Co., Ltd. has entered into an exclusive partnership with India-based Hitech Automation Solutions Pvt. Ltd. to jointly market Hitech’s Doffmatic auto-doffing system for Barmag’s eFK texturing machines. The collaboration aims to help texturing manufacturers improve productivity, yarn quality and process consistency by reducing dependence on manual

Technology

Uster Unveils New Tool For Recycled Fiber Processing

Textile Insights June 9, 2026

Uster Technologies has introduced a new Recycling Opening Index (ROI) within its AFIS 6 R Recycling Module, providing spinners with a data-driven tool to evaluate and optimize the processing of recycled cotton fibers. The innovation is being officially launched at ITM 2026 in Istanbul, Türkiye. As the textile industry accelerates its transition toward circularity, recycled

Event

CMAI Hosts AI Masterclass to Accelerate Digital Transformation in Apparel Industry

Textile Insights June 9, 2026

The Clothing Manufacturers Association of India (CMAI) organized an exclusive AI Masterclass, “Traditional Business Se AI-Powered Business Tak”, bringing together more than 600 apparel manufacturers, retailers, brand owners and industry professionals to explore the transformative potential of Artificial Intelligence in business operations. Held on June 3 at

Event

DOMOTEX 2028 Gains Early Momentum As Organisers Expand Interior Finishing Focus

Textile Insights June 9, 2026

Preparations for DOMOTEX 2028 are already underway, with around 100 international manufacturers securing exhibition space during the initial registration phase. The strong early response follows the successful repositioning of the trade fair as the Home of Flooring & Interior Finishing, reflecting growing industry support for its expanded scope. “Many companies

Technology

Swedish Automation Solutions Take Centre Stage At FILTECH 2026

Textile Insights June 9, 2026

As filtration manufacturers seek greater efficiency, traceability and productivity, members of the Swedish textile machinery association TMAS will showcase advanced automation solutions at FILTECH 2026, taking place in Cologne, Germany, from June 30 to July 2. Technical woven and nonwoven fabrics play a critical role in air, gas and liquid filtration applications across

Sustainability

Indorama Ventures Showcases Scalable Circular Textile Solutions At Textiles Recycling Expo

Textile Insights June 9, 2026

Indorama Ventures, a global leader in recycled polyester staple fibers and filament yarns, will participate in the Textiles Recycling Expo in Brussels on June 24–25, highlighting its capabilities in enabling brands and manufacturers to build traceable and scalable circular textile supply chains. The company will demonstrate how its global network of recycling, fiber and

Corporates

Grasim Industries To Invest Rs 3,094 Crore In Lyocell Capacity Expansion

Textile Insights June 9, 2026

Grasim Industries Ltd., the flagship company of the Aditya Birla Group and a global leader in cellulosic fibres, has announced a fresh investment of Rs 3,094 crore to expand its Lyocell fibre capacity at Harihar, Karnataka. The investment will fund Phase II of the company’s Lyocell expansion project, adding 110,000 tonnes per annum (TPA) of […]

Neochem Reports 32% Revenue Growth In FY26, PAT Surges 62%

Fineotex Group Expands Texas Manufacturing Capacity By 75% Through US Subsidiary

PLI Scheme Drives Investment, Exports And Employment In India’s Textile Sector

Barmag, Hitech Partner To Automate Doffing On Texturing Machines

Uster Unveils New Tool For Recycled Fiber Processing

CMAI Hosts AI Masterclass to Accelerate Digital Transformation in Apparel Industry

DOMOTEX 2028 Gains Early Momentum As Organisers Expand Interior Finishing Focus

Swedish Automation Solutions Take Centre Stage At FILTECH 2026

Indorama Ventures Showcases Scalable Circular Textile Solutions At Textiles Recycling Expo

Grasim Industries To Invest Rs 3,094 Crore In Lyocell Capacity Expansion

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