Corporates

Trident Group To Invest Rs 3,000 Crore In Madhya Pradesh’s Textile Sector

Textile Insights December 11, 2024

Trident Group Chairman Rajinder Gupta reinforced the company’s dedication to growth, investment, and employment in the textile sector during the Invest Madhya Pradesh: Regional Industry Conclave held at Narmadapuram. Hon’ble Chief Minister of Madhya Pradesh, Dr. Mohan Yadav, held a one-on-one

Cotton

SISPA Urges CCI to Prioritize Cotton Sales To MSME Mills

June 28, 2024

The South India Spinners Association (SISPA) has called for immediate action from the Cotton Corporation of India (CCI) to prioritize cotton sales to Micro, Small, and Medium Enterprise (MSME) spinning mills beginning July 1. SISPA has urged that the current cotton sales policy from CCI be extended for the next three months. “The textile sector […]

Policies

India Extends PLI Scheme Timeline Amid Textile Export Challenges

June 19, 2024

The Indian government has decided to extend the timeline for setting up facilities under its Production Linked Incentive (PLI) scheme from two years to over three years. This adjustment aims to improve the scheme’s effectiveness in boosting India’s textile exports, which saw a decline of 11.69% from $16.24 billion in 2018 to $14.34 billion in […]

Economy

Vietnam Advances Green Tech In Textile Industry

June 19, 2024

Five innovative pilot projects showcasing green technologies for Vietnamese textile and garment exporters were unveiled at the ‘For a Sustainable Garment and Textile Industry in Vietnam’ exhibition held in Hanoi on June 17. This event is part of the ‘Green Tech Landing Pad’ initiative, supported by the German government and implemented

Corporates

Color Service Expands Business Capabilities With Acquisition Of Cosma Plast

March 24, 2024

Color Service, leader in the production of automatic dispensing systems, has announced its strategic acquisition of Cosma Plast SRL, a prominent company specializing in the design and construction of systems using various materials, including PP, PVC, PE and PVDF. This acquisition marks a significant milestone in Color Service’s journey, enhancing its expertise and

Event

Bharat Tex 2024 Will Highlight India’s Textile Sector Prowess: Rachna Shah

February 28, 2024

Bharat Tex, a mega event organized by the Consortium of Textile Export Promotion Councils (EPCs) and supported by the Ministry of Textiles, aimed to highlight the prowess of India’s textile sector. The event, unprecedented in scale and size, brought together stakeholders from across the textile value chain to depict the vision of Prime Minister, encapsulated […]

Industry

Karur Textile Manufacturer Exporters’ Association Launches First Merchandiser Course

February 4, 2024

The Karur Textile Manufacturer Exporters’ Association (KTMEA) achieved another milestone in its dedicated service to the home textile industry with the inauguration of the first batch of the Merchandiser course. The momentous event took place at KTMEA’s Training Centre on February 1, 2024, with the President M. Nachimuthu leading the inauguration ceremony. The

Machinery

Smartex Unveils Report To Modernising Textile Factory

Textile Insights December 14, 2023

Smartex has released its first comprehensive report on ‘The Modern Textile Factory’ authored by Max Easton, Global Innovation Director at Smartex, which showcases a wealth of insights from a global team of experts. Smartex is at the forefront of transforming the textile industry through the integration of Artificial Intelligence, focusing specifically on achieving zero

Industry

1,600 Textile & Garment Factories Shut Shop In Pakistan

Textile Insights September 5, 2023

Around 1,600 Pakistani textile and garment factories have shutdown over the past 16 months and the Pakistani Commerce Ministry is contemplating a strategy to reopen these closed factories “A framework is in the process of finalisation which will provide regional competitive energy pricing, working capital support, speedy refund payments and enhanced market access,” media

Machinery

Monforts Bags Significant Number Of Orders From South America

Textile Insights August 10, 2023

German textile stenters manufacturer Monforts said it has secured a significant number of major orders from textile manufacturers in Central and South America recently. Among new orders are those for three Montex stenters delivered to the AustralTex Group in Argentina and a further Montex range to denim manufacturer CIT in Brazil. Guatemala’s Global Textiles placed […]