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Sustainability

Goldwin Play Earth Fund Backs Ambercycle For Circular Textiles In Japan

Textile Insights August 4, 2025

Goldwin Play Earth Fund (GW-PEF), co-managed by Goldwin Venture Partners Inc. and Ignition Point Venture Partners Inc., has announced a strategic investment in Ambercycle, Inc., a Los Angeles-based material innovation company driving circular systems for the fashion industry. The partnership

Corporates

Ashima To Raise Rs 70 Crore Via Private Placement Of NCDs

Textile Insights August 4, 2025

Ashima Ltd has announced the issuance of 7,000 unlisted, secured, unrated, redeemable, rupee-denominated Non-Convertible Debentures (NCDs) of Rs 1 lakh each, aggregating to Rs 70 crore, on a private placement basis. The NCDs, carrying a coupon rate of 7.5% per annum, will have a tenure of nine years from the date of allotment (July 31, […]

Industry

India Withdraws QCOs On Key Industrial Chemicals

Textile Insights August 4, 2025

The government has withdrawn Quality Control Orders (QCOs) for acetic acid, methanol and aniline, according to a notification issued on July 23. These chemicals are vital inputs for industries such as pharmaceuticals, textiles, dyes, paints, adhesives and agrochemicals. The QCOs, introduced in 2019, had mandated Bureau of Indian Standards (BIS) certification for marketing

Corporates

EPS Appoints Tom Bertke To Drive Xaar Versatex Sales In North America

Textile Insights August 4, 2025

EPS, part of the Xaar Group, has named Tom Bertke as Sales Manager for the Xaar Versatex Printbar in North America. With more than 30 years in capital equipment sales, including 25 years in inkjet technology, Bertke brings extensive experience from leadership roles at Domino, EFI, Jetrion, SPG Prints, Durst, Konica Minolta, Ricoh and Hitachi. […]

Corporates

Kusumgar Appoints Anil Kumar Gupta As President – Operations

Textile Insights August 4, 2025

Kusumgar, a leading name in the technical textiles sector, has appointed Anil Kumar Gupta as President – Operations. With over 28 years of experience in textiles and manufacturing, Gupta has a strong track record of leading multi-plant operations, driving business transformations, and building high-performing teams. He began his career with Voltas Ltd., (a TATA Enterprise)

Industry

CITI Urges Govt To Act Swiftly On New US Tariff Blow To Textile Sector

Textile Insights August 3, 2025

The Confederation of Indian Textile Industry (CITI) has called on the government to urgently support India’s textile and apparel exporters following the imposition of a steep 25% tariff on Indian imports by the U.S., the highest rate among major suppliers. The U.S., India’s largest export market for textiles, imported goods worth US$ 4.59 billion from […]

Industry

ACIMIT Reports Slight Decline In Textile Machinery Orders In Q2 2025

Textile Insights August 3, 2025

The index of orders for textile machinery, compiled by ACIMIT, recorded a marginal decline of 1% in the second quarter of 2025 compared to the same period in 2024. The index stood at 47.1 points (base year 2021 = 100). This overall dip was largely offset by strong domestic demand. Orders from the Italian market […]

Corporates

Trident Group Becomes Title Sponsor Of PGTI Trident Open

Textile Insights August 3, 2025

Trident Group has made a strategic entry into Indian professional golf by partnering with the Professional Golf Tour of India (PGTI) as the title sponsor of the inaugural Trident Open Golf Championship, scheduled from November 11–14 at the prestigious Chandigarh Golf Club. The tournament carries a prize purse of Rs 1 crore. This collaboration marks […]

Corporates

SCZONE Breaks Ground On US$ 55 Mn Textile Projects In Sokhna

Textile Insights August 3, 2025

The General Authority for the Suez Canal Economic Zone (SCZONE) has launched two major textile projects within the TEDA–Egypt industrial developer area in the Sokhna Industrial Zone, with combined investments exceeding US$ 55 million. The ground-breaking ceremony was attended by Waleid Gamal El-Dien, Chairman of SCZONE, alongside senior officials and company

Corporates

Mayer & Cie. Expands Braiding Portfolio With 48-Carrier Machines

Textile Insights August 3, 2025

Mayer & Cie. has expanded its braiding portfolio with the successful development and delivery of two 48-carrier machines: the MR‑11, shipped in late 2024, and the MR‑15, delivered in July 2025. Both machines mark a significant milestone for the company’s braiding division, which has operated from Mayer & Cie.’s Albstadt headquarters since 2019. “With the […]

Goldwin Play Earth Fund Backs Ambercycle For Circular Textiles In Japan

Ashima To Raise Rs 70 Crore Via Private Placement Of NCDs

India Withdraws QCOs On Key Industrial Chemicals

EPS Appoints Tom Bertke To Drive Xaar Versatex Sales In North America

Kusumgar Appoints Anil Kumar Gupta As President – Operations

CITI Urges Govt To Act Swiftly On New US Tariff Blow To Textile Sector

ACIMIT Reports Slight Decline In Textile Machinery Orders In Q2 2025

SCZONE Breaks Ground On US$ 55 Mn Textile Projects In Sokhna

Mayer & Cie. Expands Braiding Portfolio With 48-Carrier Machines

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