Financial Results

Arvind Ltd Announces Robust Q1 FY25 Results Despite Setbacks

Textile Insights July 30, 2024

Arvind Limited today reported its financial results for Q1 FY25, demonstrating resilience despite external challenges. Key Financials: Revenue: Rs 1,831 Cr (YoY Change: -1%) EBITDA: Rs 150 Cr (YoY Change: -17%; Margin: 8.2%) PAT: Rs 39 Cr (YoY Change: -40%) The financial performance was notably

Corporates

Indo Count And Shreeram Cotton Sign MoU For Regenagri Cotton Project

July 14, 2024

Indo Count Industries Ltd, a leader in home textiles manufacturing, and Shreeram Cotton Industries, a premier ginning unit and ICS based in Gujarat known for producing premium Sankar-6 cotton, have signed a Memorandum of Understanding (MoU) to launch the Regenagri Cotton Project, marking a significant step forward in sustainable agriculture. This collaboration unites two

Corporates

Samsara Eco Raises AUD $100 Mn To Scale Enzymatic Recycling

June 30, 2024

Samsara Eco announced the successful completion of its latest funding round, raising AUD $100 million (USD $65 million). The funding round was led by global investment company Temasek and Australian deep tech investment fund Main Sequence, with participation from new and existing backers, including Wollemi Capital, Lululemon, Hitachi Ventures, Titanium Ventures (formerly

Corporates

Lenzing Group Appoints Rohit Aggarwal As New CEO

June 28, 2024

The Supervisory Board of Lenzing Group, a leading supplier of regenerated cellulose fibers for the textile and nonwovens industries, has appointed Rohit Aggarwal as a new member of the Management Board. He will assume responsibility for the fiber division during the third quarter. Following Stephan Sielaff’s departure, Aggarwal will take over as CEO of Lenzing […]

Cotton

BCI Grants Eco-Cotton Status To Uzbek Cotton Clusters

June 13, 2024

The non-profit organization Better Cotton Initiative (BCI) has announced the certification of several cotton clusters in Uzbekistan, according to reports from the Uztuqimachiliksanoat press service. Rachel Beckett, BCI Startup Support Program Manager, visited Uzbekistan to discuss cotton certification with industry representatives and explore BCI’s official presence

Dyes & Chemicals

Schützen Chemical Group Named Among Top 15 Finalists In AIM Startup Pitch Competition

May 5, 2024

Schützen Chemical Group has secured its position as one of the top 15 finalists in the prestigious AIM Startup Pitch Competition. The event, slated to take place in Abu Dhabi from May 7 to 9, 2024, promises to be a global stage where innovation and ingenuity converge. Schützen Chemical Group stands at the forefront of […]

Tete-A-Tete

Bharat Tex Turned Out To Be A Great Platform For Networking And A Resounding Success!

March 5, 2024

Bharat Tex has come at the right time and provided a significant boost of confidence and motivation to Indian manufacturers, opines Gurudas Aras, while Prashant Mangukia observes that over the last two to three years, there has been a noticeable uptick in domestic consumption  How has your experience been at Bharat Tex exhibition? Prashant: Well, […]

Tete-A-Tete

Bunko Junko: Crafting Wearable Art & Empowering Women With Textile Scraps!

February 13, 2024

Bhavini Parikh, the visionary Founder & CEO of Bunko Junko, candidly shares the inspiring story behind her transition from surface ornamentation to becoming a trailblazer in the world of textile upcycling in this captivating conversation with Henry Dsouza, Associate Editor of Textile Insights. Parikh unravels the intricate threads of sustainability, women’s

Corporates

Shree Renga Polymers To Invest Rs 100 Crore In PET Bottle Recycling Project

January 13, 2024

Shree Renga Polymers, the Karur-based garment company will invest Rs 100 crore to expand its capacity. The company came to fame when Prime Minister Narendra Modi wore a jacket made out of recycled pet bottles in parliament, according to newspaper report. The company will set up a green field PET bottle recycling facility in Karur […]

Sustainability

BAE And Fashion for Good Spearhead Sustainable Fashion With Chemical Recycling

January 9, 2024

Bangladesh Apparel Exchange (BAE), in partnership with Fashion for Good, facilitated the “Chemical Recycling Technologies: Manufacturing Markets Gateway” in Bangladesh, one of the world’s leading garment manufacturing countries. Fashion for Good, the Amsterdam-based global platform for innovation, along with two disruptive technology start-ups focused on