Corporates

Arvind Ltd Veteran Susheel Kaul Named As MD & President

Textile Insights May 9, 2024

Sanjay Lalbhai led Arvind Limited has named its veteran Susheel Kaul as its new Managing Director & President – Textile Cluster effective from April 1, 2024. “Susheel Kaul who currently serves as the President & CEO of Textiles and Apparels at Arvind Ltd, brings a wealth of experience

Sustainability

Trident Commissions World’s Fifth Largest Solar Project

Textile Insights March 23, 2024

Gensol Engineering has commissioned a 10.6 MW rooftop solar project for Trident Ltd. in Madhya Pradesh, which ranks among the top five biggest rooftop solar ventures globally. Gensol Engineering Ltd is a leading player in solar power EPC services and electric mobility and the solar rooftop project exceeds 70,000 square metres. “This project marks a […]

Industry

Bloomtex Starts Textile Unit In J&K At Investment Of Rs 120cr

Textile Insights March 4, 2024

Bloomtex Industries has started operations of a textile unit in Kathua district in Jammu & Kashmir at an investment of Rs 120 crore, which will create employment for 350 people. The company has acquired 25 acres of land on lease at Bhagthali Industrial Estate in Kathua and has started the first phase of the project. […]

Industry

Indian Textile Firms Willing To Purchase Kenya Based Rivatex

Textile Insights December 2, 2023

Indian companies are willing purchase the Kenyan government owned Rivatex East Africa Ltd if the government plans to privatise the textile mill A TV news channel quoted the Indian Deputy High Commisioner in Kenya, Rohit Vadhwana as saying that there are a number of Indian textile companies who have shown interest in buying Rivatex. Set […]

Industry

MAS Holdings Plans Vertically Integrated Textile Unit In Odisha

Textile Insights November 21, 2023

In a meeting with Odisha Chief Minister Naveen Patnaik, Mahesh Amalean, Chairman of Sri Lankan company MAS Holdings, expressed intent to set up an integrated textile unit in the state. MAS is interested in setting up an integrated textile and apparel manufacturing facility in Khurda region of the state, which will provide employment to more […]

Corporates

Sangam India Targets Rs 4,000 Crore Revenue By Fiscal 2024-25

Textile Insights October 3, 2023

SN Modani led and Bhilwara based Sangam India aims to achieve around Rs 4,000 crore in revenue by fiscal 2024-25, as against Rs 2,730 crore, the textiles company reported in fiscal 2022-23. “The textile company hopes to cross Rs 3,000 crore in revenues in the current fiscal,” media reports stated. Sangam India is a producer […]