Corporates

Trident Approves Rs 4,650-Crore Expansion Across Yarn, Sheeting And Energy

Textile Insights November 4, 2026

Trident Ltd has approved a Rs 4,650-crore capacity expansion and modernisation programme across its yarn, sheeting, paper and renewable energy businesses. The investments, cleared by the board on November 2, 2026, will be funded through internal accruals and debt. Yarn manufacturing accounts

Financial Results

Trident Q2 Net Profit Rises 93%; Board Approves Rs 4,650 Crore Expansion

Textile Insights November 4, 2026

Trident Limited reported a 93.1% year-on-year increase in consolidated net profit to Rs 176 crore for the second quarter ended September 30, 2026, supported by improved operational performance and cost optimisation. Consolidated total income stood at Rs 1,737 crore, down 3.7% from Rs 1,803 crore in the corresponding quarter last year. EBITDA rose 45.3% to […]

Corporates

AMANN Group To Expand Manufacturing Footprint In Bangladesh

Textile Insights June 1, 2026

German industrial thread manufacturer AMANN Group has announced plans to expand its manufacturing footprint in Bangladesh, reinforcing its long-term commitment to one of the world’s largest apparel sourcing destinations. The development was shared by AMANN Group CEO Markus Nicolaus during a meeting with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA)

Corporates

Trident Group Acquires Entire Stake in THTL Trading L.L.C.

Textile Insights January 20, 2025

Trident Group Enterprises Pte. Ltd., a wholly owned subsidiary of Trident Ltd, has acquired the entire shareholding of THTL Trading L.L.C., a limited liability company incorporated in Dubai, UAE, on January 14, 2025. The acquisition, valued at AED 38,500, is a strategic move to diversify and expand Trident’s global operations and explore future business

Technical Textile & Nonwoven

Freudenberg Expands Coated Technical Textiles With Heytex Acquisition

Textile Insights September 25, 2024

Freudenberg Performance Materials is expanding its presence in coated technical textiles through the acquisition of key parts of Heytex Group from Bencis Capital Partners. The deal includes Heytex’s core business operations, three production sites in Germany and China, and all headquarters functions, including Sales and R&D. Heytex Group, a global leader in