Bhilosa Industries has proposed an investment of Rs 7,500 crore in Madhya Pradesh, with plans to generate around 3,750 direct jobs through a phased manufacturing expansion centred on the PM MITRA Park in Dhar. The proposal was presented by Sandeep Jain, Managing Director of Bhilosa Industries,
Sumeet Industries Ltd has commissioned new Fully Drawn Yarn (FDY) lines with an additional production capacity of 40 tonnes per day, taking its total FDY capacity to 160 tonnes per day from 120 tonnes per day. The Surat-based polyester manufacturer said the new FDY lines have commenced commercial operations following successful trial runs initiated from […]
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 Rs 500 crore and an Offer For Sale […]
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, […]
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. […]
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 […]
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 […]
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 […]
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 […]





















