Economy

India Becomes Italy’s Largest Textile Machinery Export Market

Textile Insights July 6, 2026

India has overtaken China to become the largest export market for Italy’s textile machinery industry, highlighting the country’s growing importance in global textile manufacturing. According to ACIMIT, the Association of Italian Textile Machinery Manufacturers, the shift reflects a

Corporates

Ferraro Acquires Cibitex’s Finishing Business Unit To Strengthen Textile Solutions

Textile Insights July 3, 2026

Ferraro S.p.A. has acquired the Finishing business unit of Cibitex S.r.l., marking a strategic move to strengthen its position in the global textile machinery industry. The acquisition, completed on July 2, 2026, brings Cibitex’s expertise in textile finishing technologies into Ferraro’s portfolio. The deal enhances Ferraro’s range of textile finishing solutions by

Industry

Nishant Mhatre Receives International Excellence Award

Textile Insights June 25, 2026

Nishant D. Mhatre, an active member of the Indian Textile Accessories & Machinery Manufacturers’ Association (ITAMMA), has been honoured with the prestigious Certificate of International Excellence, along with an award and medal, by the Global Research Foundation, USA. The recognition was conferred during an award ceremony held on May 30, 2026, at The Denissons

Corporates

KARL MAYER Signs Agreement To Transfer Selected STOLL Assets To CIXING Group

Textile Insights June 17, 2026

KARL MAYER has signed an agreement to transfer selected assets from its former STOLL flat knitting business to Ningbo Cixing Co., Ltd., (CIXING Group), marking a significant step in the company’s strategic realignment. Earlier this year, KARL MAYER announced its decision to concentrate on its core business segments Warp Knitting, Warp Preparation and Technical

Corporates

Testa Group Expands Portfolio With Acquisition Of MT

Textile Insights June 8, 2026

Testa Group has expanded its presence in the textile machinery sector with the addition of MT, a move aimed at strengthening the Group’s product offering and enhancing service continuity, quality and reliability for customers. MT will continue to operate with its own organizational structure while benefiting from the Group’s industrial expertise, investment capacity and

Corporates

KARL MAYER Deepens Customer Engagement In Türkiye Ahead Of ITM 2026

Textile Insights May 27, 2026

Strengthening its longstanding commitment to the Turkish textile industry, KARL MAYER recently hosted a dedicated Customer Insight Week in Türkiye, strengthening strategic partnerships and deepening collaboration with customers ahead of ITM 2026. Türkiye has remained one of KARL MAYER’s most significant markets for decades. The partnership dates back to 1951, when the

Corporates

MAG Enters 35th Year Of Quality And Innovation

Textile Insights September 5, 2025

MAG Solvics Private Limited marked its Founders’ Day on 26th August 2025, celebrating the completion of 34 successful years in textile testing instruments and online monitoring systems, and stepping into its 35th year of operations. With an unwavering commitment to quality products and services, MAG has built a strong reputation for sustainability and customer trust […]

Corporates

CEMATEX Appoints Alex Zucchi As New President

June 16, 2024

CEMATEX, the European Committee of Textile Machinery Manufacturers, has announced the appointment of Alex Zucchi as its new President. Zucchi’s election took place during the General Assembly held on 14 June 2024. Zucchi brings a wealth of experience to his new role, having been actively involved in CEMATEX as part of the ACIMIT delegation since […]

Corporates

Top Leadership Changes At Brückner Textile Technologies

January 20, 2024

Brückner Textile Technologies, a global leader in textile machinery, announced significant leadership changes effective January 1, 2024. Raghav Kuberan to assume key role as Managing Director/COO Raghav Kuberan took the reins on January 1, 2024, as Vice President Operations, overseeing production and materials management at Brückner Textile Technologies in Germany. A