The foremost challenge faced by textile manufacturers is to continue producing high-quality products while simultaneously lowering manufacturing costs and moving to more sustainable processes. Many businesses are, therefore, investing in cutting-edge technologies to reduce waste, increase
In the quarter ended December 31, 2023, Himatsingka, a leading textile manufacturer, reported consolidated financial highlights showcasing both challenges and triumphs. The company’s consolidated total Income decreased by 3.3% YoY to Rs 725.10 crore compared to Rs 750.04 crore in Q3 FY23. EBITDA witnessed robust growth, surging by 35.3% to Rs 158.39 crore from Rs
Shahi Exports Pvt Ltd has appointed Alagappan R as the Chief Operating Officer (COO) of its Knits Processing Division. A seasoned textile technocrat with over 27 years of expertise in textiles and finance, Alagappan has a robust background from distinguished textile companies, including Aditya Birla Group, Himatsingka and Arvind Ltd. His appointment marks a significant