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Corporates

Aditya Birla Group’s TMRW Invests Rs 155 Crore In TIGC Fashion Brand

October 29, 2023

TMRW House of Brands, a venture of the Aditya Birla Group, has expanded its brand portfolio by investing Rs 155 crore in a partnership with the fashion brand The Indian Garage Co. (TIGC), the company announced in a press release on Thursday. Prashanth Aluru, co-founder of TMRW, expressed

Corporates

Sagar Manufacturers Expands Yarn Production With New Unit

October 29, 2023

Sagar Manufacturers Pvt Ltd (SMPL) has achieved a significant milestone with the installation of Unit-6, equipped with approximately 40,000 spindles. This new unit specializes in producing cotton/polyester yarn with a focus on 100% blow-room blend yarn, utilizing state-of-the-art automated machinery. The introduction of Unit-6 at SMPL represents a strategic move in the

Financial Results

Century Textiles Reports Q2 Net Loss Of Rs 30 Crore

October 29, 2023

Century Textiles and Industries Limited recently reported its financial results for the quarter ending in September. Unfortunately, the company faced a challenging quarter, reporting a net loss of Rs 30 crore ($4.2 million) in contrast to a net profit of Rs 72 crore during the same period in the previous year. The total income for […]

Financial Results

Atul Ltd’s Revenue And Profit Decline YoY In Q2FY24

October 29, 2023

Atul Ltd released its financial results for the second quarter of fiscal year 2024 on October 20, 2023. The company experienced a 19.74% year-on-year decrease in its total revenue, with a YoY profit decline of 40.15%. In comparison to the previous quarter, the company’s revenue saw a modest growth of 0.99%, while profit declined by […]

Financial Results

Kewal Kiran Clothing Posts Robust Growth In Q2FY24 Revenue & Profits

October 29, 2023

On October 23, 2023, Kewal Kiran Clothing unveiled its Q2FY24 financial results, showing remarkable growth in performance. The company reported a 15.97% year-on-year increase in its topline and a substantial 27.04% YoY growth in profit. In comparison to the previous quarter, Kewal Kiran Clothing demonstrated impressive growth, with a 47.13% increase in revenue and a […]

Financial Results

Welspun Living Ltd Achieves Record Q2 Profit and Revenue

October 29, 2023

Welspun Living Ltd, a major player in the home textiles industry, announced a significant surge in consolidated net profit, reaching Rs 200.41 crore for the quarter ending September. This marks a substantial increase from the Rs 8.33 crore net profit reported during the same period in the previous year, as per a regulatory filing by […]

Corporates

Milliken Invests In Orak To Advance Sustainable Floor Coverings

October 29, 2023

Global diversified manufacturer Milliken & Company has made a strategic investment in Orak, a Paris-based company specializing in carpet maintenance and flooring reuse. This partnership signifies a new era of sustainability in the floor covering industry, challenging conventional notions of waste and advocating for a circular economy approach. Orak’s Optimal

Corporates

Archroma’s Baroda Team Wins Gold For Quality Circle Excellence

October 29, 2023

Archroma has announced that its team in Baroda has received the Gold Award for Quality Circle in the competition organized by the Quality Circle Forum of India, a renowned body in India dedicated to promoting business excellence initiatives. The competition featured 54 teams from various industries, each demonstrating their proficiency in implementing quality concepts such

Industry

DGTR’s Anti-Dumping Duty Decision Threatens Jobs Of 50,000 Weavers In Surat

October 29, 2023

A looming decision by the Directorate General of Trade Remedies (DGTR) to impose anti-dumping duty on viscose rayon filament yarn imported from China has sent shockwaves through Surat’s textile industry. This pivotal move, aimed at safeguarding domestic interests, could result in over 50,000 weavers being forced out of their jobs, leaving a vast number of […]

Event

Uniform & Sportswear Expo Kicks Off From Nov 23 In Mumbai

Textile Insights October 28, 2023

The second edition of Uniform & Sportswear Expo (USE) 2023, an exhibition on the uniform and sportswear industry will be held at the Nehru Exhibition Centre, Worli, Mumbai from November 23-25. MB Raghunath, CEO of Mafatlal Industries will be the Chief Guest and Naveen Sainani, Joint Secretary; Clothing Manufacturers Association Of India (CMAI) will be […]

Aditya Birla Group’s TMRW Invests Rs 155 Crore In TIGC Fashion Brand

Sagar Manufacturers Expands Yarn Production With New Unit

Century Textiles Reports Q2 Net Loss Of Rs 30 Crore

Atul Ltd’s Revenue And Profit Decline YoY In Q2FY24

Kewal Kiran Clothing Posts Robust Growth In Q2FY24 Revenue & Profits

Welspun Living Ltd Achieves Record Q2 Profit and Revenue

Milliken Invests In Orak To Advance Sustainable Floor Coverings

Archroma’s Baroda Team Wins Gold For Quality Circle Excellence

DGTR’s Anti-Dumping Duty Decision Threatens Jobs Of 50,000 Weavers In Surat

Uniform & Sportswear Expo Kicks Off From Nov 23 In Mumbai

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