Financial Results

Q1FY’24 Net Profit At Garware Technical Fibres Surges 52%

Textile Insights August 17, 2023

Net profit in the first fiscal quarter ending June 30, 2023 at Garware Technical Fibres surged 52 percent to Rs 43 crore as against Rs 28.2o crore in the corresponding period of fiscal 2023. Net sales of the ISO 14001:2015 and ISO 9001:2015 certified company increased 7 percent year on year to

Technical Textile & Nonwoven

Performance Textiles Should Turn To Plant Based Raw Materials

Textile Insights July 31, 2023

Odour control technologies have emerged as a key solution for preventing the development of unpleasant smells and maintaining freshness in textiles and clothing. However, there are growing concerns about the adverse effects of odour control technologies on the environment and human health and these are posing a threat to the future prospects of the anti-odour […]

Technical Textile & Nonwoven

BIS Releases Four New Technical Textiles Standards

Textile Insights July 27, 2023

At the recently held National Conclave on Standards & Regulations for Technical Textiles, the Bureau of Indian Standards (BIS) released four new standards during the conclave. There was a special session which discussed rationalisation of HSN codes and standards and implementation of QCOs, which was attended by more than 150 participants. The new four new […]

Trade & Market

Centre Approves 64 Applications Under The Production Linked Incentive Scheme For Textiles

April 28, 2023

Indian government had approved the Production Linked Incentive (PLI) Scheme for Textiles on 08.09.2021 with an approved outlay of Rs.10,683 crore over a five year period to promote production of MMF Apparel, MMF Fabrics and Products of Technical Textiles in the country to enable textiles industry to achieve size and scale and to become competitive. […]