The technical textiles sector in India is increasingly being recognized as a key future market. Since 2013, this dynamic sector has grown at an average rate of 12% annually, now accounting for approximately 13% of the entire Indian textile and clothing market, according to Invest India, a
India’s textile industry is expanding rapidly, with textile exports projected to reach US$ 65 billion by the financial year 2025-26, according to Invest India. The country’s textiles production for domestic and export markets is expected to grow at a compound annual growth rate (CAGR) of 10%, reaching US$ 350 billion by 2030. This growth is […]
BSL Ltd, a leading textile company with fully integrated operations, has announced its unaudited financial results for Q1 FY25, ending June 30, 2024. The company posted a revenue of Rs 163.7 crore, marking a 2.1% increase year-on-year (YoY). Financial Highlights for Q1 FY25 (Rs in cr.): Revenue: Rs 163.7 cr., up 2.1% YoY EBITDA: Rs […]
A media roundtable led by Cotton Council International (CCI) highlighted strategic India-U.S. textile trade partnerships, emphasizing U.S. cotton as the favored choice for Indian spinners. On June 19, in New Delhi, the “COTTON USA™: Weaving Threads of Unity between the U.S. Cotton and Indian Textile Industry” event delved deeper into this collaboration. India’s
Manufacturer of process-critical textile precision tools Groz-Beckert has opened a new sales office in Surat which was inaugurated on October 15. With the new office, the Germany headquartered company aims to provide even better support for its customers from the knitting and sewing industry in Surat and surrounding areas. Surat is the biggest Indian hub […]