Greenwave Circularity has secured a US$31.5 million loan from Austria’s Development Bank (OeEB) to develop a PET recycling facility in Odisha with an annual processing capacity of 42,000 tonnes of plastic waste. The financing is backed by a 60% guarantee from the European Union’s European Fund
Government procurement of clothing, textiles, footwear and leather (CTFL) products in South Africa could provide a significantly larger opportunity for local manufacturing than official procurement data currently indicates, according to a study commissioned by the Localisation Support Fund. The study, titled Lost Threads: The Case for Compliant CTFL Public Procurement and
Rungta Greentech, a manufacturer of recycled and virgin plastic products, has raised fresh growth capital from an alternative investment fund (AIF) managed by Mumbai-based 360 One Asset, along with a group of co-investors. The investment marks the company’s second round of funding and follows an earlier investment led by Ratnabali Group and other co-investors, according
Shruti Singh, Director – India, Canopy, on Bharat Tex 2026, the growing focus on sustainability and the need for greater coordination to scale next-generation materials The growing return of international buyers, stronger investor interest and deeper conversations around sustainability are among the key trends Shruti Singh, Director – India, Canopy, observed at Bharat Tex
The third day of Bharat Tex 2026 brought together policymakers, State Government representatives, industry leaders, investors, international organisations, brands, academic institutions and sustainability experts for focused discussions on circularity, responsible sourcing, textile financing, future-ready skills, global trade and technology-led growth. A series of panel
For centuries, India’s textile industry has been a cornerstone of its culture, economy and global identity. From the intricate handlooms of Varanasi to the bustling powerlooms of Tiruppur, Indian textiles have dressed the world in tradition and craftsmanship. But a quiet revolution is now underway. India is no longer just producing textiles, it’s creating experiences. […]
Andritz has supplied and commissioned a new reXline tearing system for Buitex, part of Semin Group, at its facility in Cours, France. The new line increases Buitex’s textile waste recycling capacity for sustainable insulation production. This second Andritz tearing line boosts fibre processing efficiency with an advanced hard-point removal system and next-generation
As the fashion industry grapples with mounting environmental concerns, the concept of Extended Producer Responsibility (EPR) has emerged as a cornerstone policy to address textile waste. This report, authored by the Ellen MacArthur Foundation, explores how EPR can reshape the textile industry by shifting the focus from linear consumption patterns to sustainable, circular
RSWM Ltd, the flagship company of the LNJ Bhilwara Group, reinforced its commitment to sustainability by launching its comprehensive Sustainability Report at the 3rd Sustainable Textile Summit, organized by the PHD Chamber of Commerce and Industry. The report was unveiled by Pabitra Margherita, Minister of State for Textiles, Govt. of India, and Rohit Kansal, Additional
Trützschler & Balkan Textile Machinery have collaborated to become the first full-service provider in spinning preparation for recycling of textile waste. Textile Hard Waste – This waste is collected from various sources as listed below: Households: Used clothes Retailers and brands: Unsold inventory, defective and returned items Manufacturing and production:





















