Corporates

Technosport To Invest Rs 130 Crore To Expand Erode Manufacturing Facility

Textile Insights August 19, 2026

Bengaluru-based activewear company TechnoSport has announced an investment of Rs 130 crore to expand its existing manufacturing facility in Erode, Tamil Nadu. The company signed a Memorandum of Understanding (MoU) with the Tamil Nadu government at the Vettri Tamil Nadu Investment Conclave 2026.

Financial Results

Meenakshi India Plans To Double Apparel Capacity By FY30, Q1 PAT Surges 153%

Textile Insights August 13, 2026

Meenakshi India Ltd plans to more than double its apparel manufacturing capacity to 38 lakh pieces by FY30 from around 18 lakh pieces currently, backed by a phased capital expenditure of ₹40-50 crore, as the company positions itself to benefit from the ongoing shift in global sourcing towards India. The company intends to add two […]

Financial Results

Arvind Crosses Rs 2,500 Crore Revenue Mark In Landmark Q1

Textile Insights August 13, 2026

Arvind Ltd., reported its highest-ever quarterly revenue and EBITDA for the quarter ended June 30, 2026, driven by strong demand across its textile, garmenting and advanced materials businesses, alongside the successful integration of its largest-ever acquisition, Dalco-GFT in the United States. The company posted consolidated revenue of Rs 2,501 crore, up 25%

Financial Results

Garware Technical Fibres Reports Strong Performance In Q1 FY26-27 With Revenue Growth Of 31%

Textile Insights August 10, 2026

Garware Technical Fibres Ltd (GTFL), a leading manufacturer of technical textiles, reported a strong financial performance for the first quarter ended June 30, 2026, driven by robust demand across its Synthetic Cordage and Geosynthetics businesses. The company’s consolidated net sales increased 31.4% year-on-year to Rs 482.4 crore in Q1 FY26-27, compared to Rs 367.2 crore

Financial Results

Mafatlal Industries Reports Steady Results For Q1 FY26-27

Textile Insights August 10, 2026

Mafatlal Industries Ltd (MIL) reported a steady performance for the first quarter ended June 30, 2026, supported by growth in its Textiles & Related Products and Digital Infrastructure businesses. The company posted revenue from operations of Rs 447.9 crore in Q1 FY27, registering 14.6% year-on-year growth. The textiles business continued to benefit from the company’s

Financial Results

Sutlej Textiles Returns To Profitability In Q1 FY27; EBITDA Surges Over 9x

Textile Insights August 10, 2026

Sutlej Textiles and Industries Ltd, one of India’s leading manufacturers of value-added dyed yarns, home textiles and green fibre, reported a sharp improvement in performance for the first quarter ended June 30, 2026, marking a significant turnaround in profitability. The company’s standalone total income increased 16.5% year-on-year to Rs 704 crore in Q1 FY27, compared

Technology

Trützschler’s CL-X Pre-Cleaner Goes Beyond Spinning To Unlock Value In Cotton Ginning

Textile Insights August 9, 2026

Trützschler Spinning’s CL-X Pre-Cleaner has established itself as a proven solution in blowroom lines worldwide, with hundreds of installations demonstrating high cleaning efficiency, lower waste generation, improved productivity and significant energy savings. Now, the technology is finding success beyond spinning preparation, with new applications in cotton ginning

Corporates

Bikram Saha Appointed Managing Director & CEO Of Benninger India

Textile Insights August 6, 2026

Benninger India has appointed Bikram Saha as its Managing Director & Chief Executive Officer, effective July 2026. Saha brings over three decades of experience across finance, commercial operations, corporate governance and business strategy within the textile machinery industry. He has been associated with Benninger India for more than nine years, having previously

Corporates

Lenzing To Close Austria And UK Plants, Cut Workforce By 25% Under Restructuring Plan

Textile Insights July 30, 2026

Austria-based fibre manufacturer Lenzing Group has announced a major restructuring programme that includes the closure of two production facilities, a workforce reduction of around 25 percent and fresh financing measures aimed at strengthening its financial position. The company said it plans to achieve cost savings of at least €120 million by the end of 2026 […]

Market

Italian Textile Machinery Orders Rebound In Q2 2026

Textile Insights July 27, 2026

Order intake for Italian textile machinery manufacturers showed signs of a strong recovery in the second quarter of 2026, despite a slight decline compared with the same period last year. Between April and June 2026, the order index at constant prices stood at 46.6 points, with 2021 used as the base year (100). This represented […]