Corporates

Suzano S/A Acquires 15% Stake In Lenzing Group

June 14, 2024

Lenzing Group, a leading supplier of regenerated cellulose fibers, announced a significant development: its main shareholder, B&C Group, has signed a long-term partnership with Brazilian pulp producer Suzano S/A. Under this agreement, Suzano S/A will acquire a 15 percent stake in Lenzing AG

Tete-A-Tete

‘Vahdet Machines Have Removed Almost All Human Errors’, Says Muhammet Sahin

June 14, 2024

Vahdet Group is known for its 36 years of experience in circular knitting machine spare parts. Vahdet has ventured into manufacturing its own machines over the past three years, emphasizing European quality standards. In a recent conversation, Muhammet Mustafa Sahin, Project Engineer at Vahdet Tekstil Makina, dwelt on the remarkable advancements and strategic growth of

Tete-A-Tete

Efficiency, Sustainability & Innovation Drives Trützschler’s Vision, Says Dr. Bettina Temath

June 11, 2024

Trützschler Group, a market leader in spinning technology, continues to push the boundaries of innovation to meet the evolving needs of the textile industry. In an exclusive chat with Textile Insights, Dr. Bettina Temath, Head of Global Marketing at Trützschler Group SE, sheds light on the latest innovation showcased at ITM 2024 and their implications […]

Financial Results

Siyaram Silk Mills Resilient In Q4FY24 Despite Challenges

May 15, 2024

Textile Giant Expands Retail Footprint, Announces Dividend Siyaram Silk Mills Ltd., a leading producer of high-fashion textiles, has released its financial results for the fourth quarter and fiscal year ending March 31, 2024. Despite facing challenges in consumer demand and market conditions, the company has reported a steady performance. In Q4FY24, Siyaram Silk Mills

Fibre

Aramina: A Better Substitute For Jute Fibres

May 10, 2024

Aramina are long fibres obtained from the stems of the mallow plant, Urena Lobata, which is native to Brazil. Aramina fibres are used for cords, twine and burlap fabrics. This invasive plant was classified as a noxious weed in the U.S. in 1999. A bast fibre belonging to the botanical family Malvaceae, a common, perennial grass […]

Tete-A-Tete

‘Transition To Organic Fibre Production Presents New Opportunity To Enhance Sustainability In Cotton Textile Industry’ :Dr Ajay Ranka

May 10, 2024

For profitable transition to organic cotton production, collaborative efforts involving government, banks, financial institutions and stakeholders in the textile industry are essential, says Dr. Ajay Ranka, Chairman & Managing Director, Zydex Group in an exclusive tete-e-tete with Henry Dsouza, Associate Editor of Textile Insights. What are the main barriers hindering

Corporates

Bulut Tekstil Adopts Saurer’s Autocoro 11 For Sustainable Spinning

April 28, 2024

In a dynamic move towards sustainable manufacturing, Bulut Tekstil, a pioneer in the textile industry since 1997, has set its sights on the latest innovations in spinning technology. A recent visit by Murat Günesli, the General Manager of Bulut Tekstil, and his wife to Saurer’s modern facility in Übach-Palenberg, unveiled an innovative advancement in spinning […]

Financial Results

Welspun Living Ltd Achieves Record Revenues And Sustainable Growth In Q4 FY24

April 26, 2024

Welspun Living Ltd, a leading global player in home textiles and part of the Welspun Group, has announced its Q4FY24 results, marking a significant milestone in sustainable profitability and revenue growth. Balkrishan Goenka, Chairman of Welspun Group, expressed his satisfaction with the company’s performance, stating, “It is heartening to see the company achieving a

Special Report

Navigating BRSR In Textile MSMEs: A Roadmap For Sustainable Growth

April 22, 2024

By embracing BRSR and transparency, MSMEs can navigate the evolving business landscape, secure their long-term success and contribute to a more sustainable future, says Periasamy S., Advisor, AIC-NIFTTEA The textile industry, a cornerstone of the Indian economy, is undergoing a paradigm shift. Consumers are increasingly demanding sustainable practices and ethical

Special Report

Imposition Of Minimum Import Price On MMF Knitted Fabrics May Provide Big Relief To Domestic Industry

April 22, 2024

The domestic textile industry has welcomed the Union government’s recent decision of imposing a minimum import price of $3.5 per kg on the five HS lines of MMF knitted fabrics. The move followed unprecedented surge in imports of these categories of MMF knitted fabrics, creating a havoc-like scenario for the industry. The industry has been […]