Apparel, Fashion, Retail

R|Elan Fabrics Collaborates With HUEMN For A Unique Collection At Lakmē Fashion Week

Textile Insights October 18, 2024

Reliance Industries Limited’s R|Elan Fabrics 2.0 and Lakmē Fashion Week x FDCI continue to redefine the fashion landscape with groundbreaking collaborations. This season, R|Elan is excited to announce its partnership with the ready-to-wear homegrown label HUEMN, resulting in a unique

Corporates

Grasim Appoints Vadiraj Kulkarni As Cellulosic Fibres Head

Textile Insights August 28, 2024

Grasim Industries Limited has named Vadiraj Kulkarni as the Business Head (Designate) for its Cellulosic Fibres division, effective October 1, 2024. Harikrishna Agarwal will remain the Managing Director of Grasim Industries and Business Director for Cellulosic Fibres, ensuring a smooth leadership transition over the coming months, with Kulkarni gradually assuming his new

Machinery

Benninger’s FabricMaster Revolutionizes Indian Textile Dyeing Industry

Textile Insights August 15, 2024

The Swiss company Benninger, renowned for its innovative textile machinery, has introduced its latest marvel, the FabricMaster, to the Indian market. This soft flow machine is already making waves globally, with installations in Europe, the USA, Peru, Central America, and Bangladesh. Now, it is set to transform the Indian textile industry, with production taking place […]

Industry

Indians ‘Wait & Watch’ Bangladesh’s Textile Market Situation

Textile Insights August 9, 2024

By Avinash Mayekar, MD – Suvin Expo LLP It is better to be cautious than to invest hastily. The recent unexpected political turmoil in Bangladesh has created quite a stir in the Indian textile industry. Many discussions are taking place across various forums about the possible advantages that India might soon benefit from. However, in […]

Export

India’s Textile And Apparel Exports Surge 4.08%

July 18, 2024

India’s textiles and apparel sector has shown promising growth, with exports rising by 4.08% to US$ 8.785 billion in April-June 2024. This performance comes amid a shifting global market, where India’s strategic positioning and competitive advantages are becoming more evident. Textile exports saw a 3.99% increase in the first quarter of fiscal 2024-25, while

Cotton

CCI Promotes India-U.S. Textile Partnership With Focus On U.S. Cotton

June 20, 2024

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

Tete-A-Tete

FTA With EU Would Be Real Game-Changer For India

June 12, 2024

The fragmented textile value chain in India necessitates the goods to travel from one place to another, which adds to logistics cost as well as has an impact on quality, says Gurudas Aras Historically fragmented and complex nature of our textile value chain has been taking toll on the health of our domestic industry. How […]

Textile Park

Burhanpur Textile Park Witnesses Waiting List For Plots

Textile Insights May 30, 2024

The proposed textile park in Sukhpuri, Burhanpur district, has reported a substantial waitlist of industries seeking to establish operations within the forthcoming industrial park. The Special Purpose Vehicle (SPV) established to oversee development of the park has obtained partial funding commitments from 250 companies for the cluster’s saleable area of 42 lakh

Industry

CITI Gears Up For Future That Envisions Thriving Textile Sector

Textile Insights May 14, 2024

The Confederation of Indian Textile Industry (CITI) is gearing up for a future that envisions a thriving textile sector till 2047, which also marks ‘New India’s’ fulfillment of aspirations. “The textile industry is crafting an action plan not just for the immediate future but for the long haul till 2047,” CITI Chairman Rakesh Mehra said. […]

Financial Results

Filatex India Announces Q4FY24 & FY24 Audited Results

May 5, 2024

Filatex India Ltd, a leading manufacturer of synthetic filament yarns, reported its audited results for Q4FY24 & FY24 on April 30, 2024. Filatex reported revenue of Rs 1,026 crore in Q4FY24 (Rs 1,083 cr in Q3FY24), EBITDA of Rs 64.6 cr (vs. Rs 74.7 cr), Profit Before Tax of Rs 47.2 cr (vs. Rs 25.2 […]