Textile Print

Koton Kraft Elevates Custom Textile Printing With Epson ML-8000

Textile Insights October 9, 2024

Koton Kraft, known for providing high-quality printed homewares to Australian small businesses and artists, has taken a bold step forward by integrating the award-winning Epson Monna Lisa ML-8000 direct-to-fabric printer into their operations. This move is set to revolutionize their offerings,

Corporates

Alok Industries Appoints Biji Chacko AS COO

Textile Insights September 19, 2024

On September 18, 2024, Alok Industries Limited’s Board of Directors, following the recommendation of the Nomination and Remuneration Committee, appointed Biji Chacko as Chief Operating Officer (COO) with immediate effective. Chacko, who joins as a Senior Management Personnel, brings 27 years of extensive experience in the textile industry. His background includes expertise

Fibre

Polyester – The Magical Fiber

Textile Insights September 10, 2024

Polyester is the most ubiquitous fiber in textiles, serving as a staple in everything from couture to fast fashion, sportswear to high-tech garments, and bedding to home furnishings. Its unique properties make it suitable both as a standalone fiber and in blends with natural or other fibers. Globally, polyester is projected to grow at the […]

Financial Results

Arvind Ltd Announces Robust Q1 FY25 Results Despite Setbacks

Textile Insights July 30, 2024

Arvind Limited today reported its financial results for Q1 FY25, demonstrating resilience despite external challenges. Key Financials: Revenue: Rs 1,831 Cr (YoY Change: -1%) EBITDA: Rs 150 Cr (YoY Change: -17%; Margin: 8.2%) PAT: Rs 39 Cr (YoY Change: -40%) The financial performance was notably impacted by the National general election and an illegal workers’ […]

Industry

MP Opens Industry Office In Coimbatore to Boost Trade Ties Between MP And TN

Textile Insights July 29, 2024

Madhya Pradesh Chief Minister Dr Mohan Yadav announced the establishment of a Madhya Pradesh industry office in Coimbatore, Tamil Nadu, to enhance investment and strengthen trade ties between the two states. Addressing the ‘Invest MP-Interactive Session’ in Coimbatore, Dr Yadav emphasized the objective of the Investors Summit: fostering inter-state cooperation

Financial Results

Sportking India Q1 FY25: Revenue Up 17.7%, PAT Jumps 75%

Textile Insights July 22, 2024

Sportking India Limited, a leading textile company in India, has announced strong financial results for Q1 FY25, ending 30th June 2024. The company reported a revenue of Rs. 634.0 crores, reflecting a 17.7% year-over-year (YoY) increase and a 3.7% rise quarter-over-quarter (QoQ). EBITDA surged by 48.3% YoY to Rs. 73.8 crores, with the EBITDA margin […]

Corporates

Saurer Introduces Ideal Group As New Agent For Pakistan

July 22, 2024

Saurer has announced Ideal Group as the new agent for spinning and pre-spinning in Pakistan, effective 1 July 2024. Saurer recently hosted Khurram Ishtiaq, CEO and Muhammad Nasrullah, COO of Ideal Group at its Sustainability Hub in Übach-Palenberg, Germany. During their visit, they engaged in detailed discussions and in-depth training sessions and were introduced to […]

Event

TANA BANA’s Third Textile Series Highlights Government Subsidies

July 22, 2024

The Institute of Engineers organized the 3rd edition of the Mega Textile Series TANA BANA at the Institution of Engineers. This prestigious event aims to bolster the textile industry at the grassroots level, providing a platform for textile entrepreneurs to learn and discuss techno-commercial topics impacting profitability and productivity. It also facilitates connections

Corporates

Hengcheng’s US$ 70 Mn Textile Factory in SCZone To Create 1,500 Jobs

July 22, 2024

A ceremony for Hengcheng textile factory took place in the Qantara West Industrial Zone of the Suez Canal Economic Zone (SCZone), marking a significant boost to the textile industry with $70 million in investments. The factory is expected to achieve annual sales of $300 million, contributing to industry growth. Spanning 200,000 sq metres, the factory […]

Sustainability

Global Push Towards Circular Economy in Textiles Gains Momentum

July 9, 2024

In a landmark presentation at the Extended Producer Responsibility (EPR) Forum, Valérie Boiten of the Ellen MacArthur Foundation outlined the crucial role of EPR in transitioning to a circular economy for textiles. Boiten emphasized the urgent need for a systemic shift in textile management, highlighting that approximately 12 million tonnes of textiles are introduced to