Home Textiles

Welspun Living Expanding Home Textile Capacity In India & USA

Textile Insights February 7, 2024

Recognising the burgeoning demand for premium and stylish bath experiences, Welspun Living is investing Rs 326 crore in a state-of-the-art jacquard towel manufacturing facility at its Anjar plant. This brownfield expansion, slated for completion by November 1, 2024, will add a staggering 6,400

Home Textiles

EPCH Supports 20 Indian Home Textile Exporters At Heimtextil

Textile Insights January 15, 2024

At the recently concluded Heimtextil 2024, the Export Promotion Council for Handicrafts (EPCH) supported 20 Indian home textile exporters spread across three halls at the exhibition. The India pavilion was inaugurated by BS Mubarak, Consul General of India, Frankfurt and Dr Beena, Development Commissioner (Handlooms). “It was a great opportunity for India to show its […]

Home Textiles

Visitor satisfaction grows to 93% at Heimtextil 2024

Textile Insights January 13, 2024

At Heimtextil 2024, visitor satisfaction rose to an average of 93 percent, particularly with the breadth and depth of the offering, while around 80 percent of exhibitors achieved their trade fair goals. “Among German trade visitors, overall satisfaction rose by seven percentage points to 88 percent, while over 90 percent of all visitors achieved their […]

Home Textiles

Carpets & Rugs Hall Fully Booked At Heimtextil 2024

Textile Insights December 9, 2023

The new Carpets & Rugs hall at Heimtextil, which will be held from January 9-12, 2024, has now around 100 manufacturers and brands and is fully booked, due to a strong increase in suppliers of machine woven carpets. These exhibitors include Merinos Hali, Oriental Weavers Group, Ragolle Rugs, Universal XXI, Verbatex and the Belgian association […]

Home Textiles

Use Of Sustainable MMCF In Home Textiles Gets Boost In Karur

Textile Insights December 7, 2023

Birla Cellulose, a manufacturer of sustainable cellulose fibres held a hub-meet in Tamil Nadu’s Karur, to explain potential of sustainable manmade cellulosic fibres (MMCF) in the home textiles sector. This meet which was attended by 175 home textile producers and exporters from the Karur textile cluster, aimed to pave the way for sustainable innovation in […]

Event

MAG Solvics And A.T.E. Revolutionize Textile Testing In Panipat

December 3, 2023

In a collaborative effort, MAG Solvics and A.T.E. Group organized the “MAG Customer Day” in partnership with the Northern India Rotor Spinners Association, highlighting the latest advancements in textile testing technology. The event, held on November 3, 2023, saw the unveiling of MAG’s cutting-edge solutions – the HVT Genius 2 fully automatic fibre

Home Textiles

Indian Home Textile Companies Revenue To Rise 7-8% In FY’24

Textile Insights November 29, 2023

In a research note on the Indian home textiles industry, ratings agency ICRA expects revenues of its sample report companies to increase 7-8 percent year on year to Rs. 21,500 crores in the ongoing fiscal. Additionally the ratings agency also expects operating margins to improve 250-350 bps in the current fiscal. ICRA’s sample of four […]

Technical Textile & Nonwoven

MoT Boosts Technical Textiles With Grants And Academic Support

September 19, 2023

The Ministry of Textiles (MoT) has approved the “Startup Guidelines for Technical Textiles – Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT),” providing a grant-in-aid of up to Rs 50 lakh for a period of up to 18 months. This announcement was made by Rajeev Saxena, Joint Secretary Textiles, during a […]

Special Report

Indian Textile Chemicals To Piggyback On Textile Industry Growth

September 19, 2023

The Indian textile chemicals market is anticipated to grow significantly in the projected period 2028 due to increasing awareness of sustainable textile manufacturing practices, rising disposable incomes and increasing demand for textiles and apparel. India’s annual textile and apparel exports increased to USD 44.4 billion in 2022, a rise of 41% compared to previous

Home Textiles

Home Textiles Makers’ Revenue And Profitability To Rebound This Fiscal

September 19, 2023

Improved operating performance to keep credit outlook stable despite moderate capex Revenue of the home textile industry is set to rise 7-9% this fiscal after a ~15% fall last fiscal, as India regains global share following a correction in domestic cotton prices and restocking by big-box retailers in major markets abroad. The industry’s operating profitability […]