Corporates

Inditex Expands Into Uzbekistan, Resumes Operations In Ukraine

Textile Insights June 12, 2024

In Q1 2024, Inditex achieved robust operating results, driven by team creativity and the execution of its integrated business model. The Spring/Summer collections were well-received, with sales increasing 7.1% to €8.2 billion and a constant currency growth of 10.6%. Gross profit rose 7.3% to

Financial Results

Grasim Industries Achieves Highest-Ever Revenue And EBITDA In FY24

Textile Insights May 26, 2024

Grasim Industries Ltd has reported its highest-ever consolidated revenue of Rs 1,30,978 crore for the financial year ending March 31, 2024, marking an 11% year-on-year increase. This achievement is attributed to the robust performance across its diversified business portfolio, particularly in building materials and financial services. The company’s consolidated

Financial Results

Arvind Ltd Reports Strong Q4 FY24 Performance

Textile Insights May 12, 2024

Arvind Ltd has announced robust operational and financial performance in Q4 FY24, reflecting the success of its strategic initiatives amidst global challenges. The highlights include: Financial Performance (YoY): Overall revenues reached Rs 2075 cr, marking a solid 10% growth. Record EBITDA of Rs 243 cr, surge by 27%, with a margin increase to 11.7%. PAT […]

Sustainability

RSWM’s Biofuel Revolution: A Step Towards Sustainable Manufacturing

Textile Insights April 14, 2024

RSWM Ltd, under the leadership of Joint Managing Director Brij Sharma, is embarking on an journey towards sustainability and green initiatives, marking significant strides in environmental responsibility. Embracing a holistic approach, RSWM is shaping a greener and more sustainable future. The company’s comprehensive sustainability strategy encompasses six key

Corporates

Texana’s US$ 20 Mn Investment To Create 4000 Jobs In Karnataka & AP

Textile Insights April 14, 2024

Texana, a joint venture between leading apparel manufacturing giants Texport Industries Pvt Ltd (India) and Busana Apparel Group (Indonesia), is poised to make significant strides in the industry. With plans to establish 2000 machines across two greenfield independent units in Shiggaon, Karnataka, and Kadapa, Andhra Pradesh, the venture is set to create over 4000 new […]

Sustainability

Better Cotton Pakistan Teams Up With FPCCI For Sustainability

Textile Insights March 24, 2024

Better Cotton Pakistan has signed a Memorandum of Understanding (MoU) with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to advance the adoption of Better Cotton across the country. The FPCCI, representing over 270 domestic trade bodies, plays a pivotal role in promoting economic activities and advocating for the private sector’s interests

Tete-A-Tete

Our JourneyOf 50 Years Is AMomentous Occasion For Us

Textile Insights March 4, 2024

Being three times larger than our closest competitor is a testament to the trust our customers place in us, states Jagan Mohan Balaji  How would you describe the market performance for your company in India last year, and what are your projections for this year? The market has presented its challenges over the past few […]

Tete-A-Tete

There Is An Urgent Need To Create Sustainable Yarn To Address Global Warming

Textile Insights February 13, 2024

Indian textile spinning has modern machineries and very good work practices to produce good quality cost-effective high-quality yarn, says Kiran Hanchate, in conversation with Henry Dsouza, the Associate Editor of Textile Insights. How has technology in the spinning industry evolved over two decades and what kind of impact did it have on productivity and quality? […]

Corporates

Sustainability Leader Robert van de Kerkhof Joins Team HeiQ AeoniQ

Textile Insights January 14, 2024

Renowned sustainability leader, Robert van de Kerkhof, assumes a pivotal role as Non-Executive Director and Chairman of the Environmental, Occupation, Health & Safety, and Sustainability Committee at Team HeiQ AeoniQ. With over 30 years of expertise in driving sustainability initiatives, Robert is set to spearhead transformative efforts in the textile industry. His