Corporates

Yarn Producer Sanathan Textiles To Raise Rs 800 Crore Via IPO

Textile Insights April 20, 2024

Yarn manufacturer Sanathan Textiles has filed preliminary papers with capital markets regulator Sebi to raise Rs 800 crore through an initial public offering (IPO). According to the Draft Red Herring Prospectus (DRHP), the IPO is a combination of a fresh issue of equity shares aggregating up to

Event

500 Exhibitors From 11 Countries Exhibiting At Yarn Expo 2024

Textile Insights February 10, 2024

Taking place from March 6-8, 2024 at the National Exhibition and Convention Center in Shanghai, Yarn Expo 2024 fair will see over 500 exhibitors from 11 countries, including 124 in cotton category alone. At the spring show, cotton yarn exhibitors from China, India, and beyond are gearing up to meet strong international and domestic demand, […]

Machinery

Slack & Parr Showing Spin Finish Pump For Polyester At ITMA Asia

Textile Insights November 11, 2023

UK based Slack & Parr will showcase Spin Finish Pump for polyester alongside high-accuracy metering capability for speciality fibres at ITMA Asia in hall 7, stall 21 This is the first time the company has brought its newly redesigned SPO Spin Finish Pump to the Asia-Pacific market, since the technology was launched at ITMA 2023. […]

Industry

NITI Aayog Will Examine Inverted Duty Structure On Textiles

Textile Insights August 9, 2023

NITI Aayog, a government think-tank will examine tax-related issues, including inverted duty structure in three sectors of textiles, leather and engineering. “The issues will be taken up with higher authorities for finding a resolution and in turn promote growth of the sectors,” Economic Times quoted an official as saying. The inverted duty structure refers to […]

Industry

Quality Control Order On Polyester Yarn Deferred Till Oct 5

Textile Insights July 19, 2023

The government of India has announced extension of implementation of Quality Control Order (QCO) on 100 percent polyester spun grey and white yarn till October 5, 2023. Earlier, the deadline was extended till June 30, 2023, but the government did not issue any notification to extend it further, due to which it became effective from […]

Policies

FIASWI Opposes QCO For BIS Certification On Polyester Yarns

Textile Insights June 30, 2023

The Federation of Indian Art Silk Weaving Industry (FIASWI) has demanded removal of implementation of Quality Control Orders (QCO) for Bureau of Indian Standard (BIS) certification on various polyester yarns. “FIASWI in a letter addressed to Rachna Shah, the Textile Secretary and JK Gupta, Head Specifications (Textiles) at BIS, has highlighted the need to rectify […]

Special Report

Global Yarn Market Expected To Grow At 5.1% CAGR

Textile Insights June 29, 2023

Worldwide textile yarn market is projected to grow at a CAGR of 5.1 percent to reach US $18.5 billion by 2028 from $14.4 billion in 2023. “China is expected to account for the largest market share in Asia-Pacific in 2023,” Report Linker informed. “The increasing global population, coupled with urbanisation trends, has a direct impact […]