Industry

Textile Value Chain Running On Minimum Order Levels: ITMF

Textile Insights October 7, 2023

The entire textile value chain is running on minimum levels of orders and as long as brands and retailers do not increase orders, the entire textile value chain will continue to struggle. This was the analysis of the International Textile Machinery Federation’s (ITMF) Global Textile Industry

Tete-A-Tete

Sun, Primary Supplier Of Yarn Guides In Replacement Market

Textile Insights October 2, 2023

Kindly provide a history about your company like when it was started, who started, etc. Sun Yarnguides Industries is an Indian company that manufactures textile machinery parts. The company is based in Ahmedabad and was founded in 2016 to manufacture sheet metal and wire products for the spinning and weaving industry. Please share details about […]

Machinery

Uster Quantum 4.0 Combination Of Capacitive & Optical Sensors

Textile Insights September 28, 2023

Uster Quantum 4.0 presents the unique combination of both capacitive and optical sensors in one and offers the best of both worlds for spinners. “Two years after market introduction, industry feedback underlines the benefits of Uster’s new cross clearing and density detection functions,” Uster said in a press release. Uster’s Quantum 4.0 clearers offer both […]

Industry

How The Yarn Bazaar Helped Its Buyers Secure A Better Deal

September 24, 2023

An Overview of Challenges The Yarn Bazaar is committed not only to connecting buyers, sellers, and businesses but also to ensuring the best possible business experience for each of our clients. In this regard, we recently assisted one of our buyers in procuring yarn at a more advantageous price. Some time ago, The Yarn Bazaar […]

Apparel, Fashion, Retail

Proposal Mooted For Tripartite Committee To Fix Yarn Prices

Textile Insights September 21, 2023

Tiruppur based garment exporters have suggested forming a tripartite committee made up of garment units, yarn mills and the state government to review and fix yarn prices for a three-month period, in a bid to overcome fluctuation of yarn prices. “Unstable cotton yarn prices are derailing deals of many garment units. While cotton prices change […]

Tete-A-Tete

Indo Texnology’s ‘Auto Cone Pack’ System A True Trailblazer

Textile Insights September 13, 2023

Indo Texnology, a forerunner in conceiving and delivering innovative solutions for textile mills, has become a pioneer in automatic cone packing and cone inspection using camera vision – artificial intelligence. The Auto Cone Pack System takes care of cone weighing, cone inspection, polythene wrapping for individual cones, and packing into the required formats i.e.,

Corporates

Balkrishan Sharma Joins RSWM Limited as Yarn Business Head and CEO

September 11, 2023

In a significant industry move, renowned textile leader, Balkrishan Sharma has been appointed as the Business Head and Chief Executive of Yarn Business at RSWM Limited, effective today, September 11th, 2023. Mr. Sharma’s tenure with Ginni Filament Limited concluded on September 9th, marking the beginning of his new leadership role at RSWM Limited. RSWM Limited, […]

Industry

Omax Cotspin Joins Sourcery’s Direct-to-Grower Programme

Textile Insights August 28, 2023

Gujarat based Omax Cotspin, a spinning mill manufacturing BCI, Fairtrade and recycled cotton yarn, has joined Sourcery’s Direct-to-Grower Programme that connects brands, manufacturers and growers who are committed to commercial and environmental excellence. Sourcery identifies and mitigates shared material and performance risks and cost inefficiencies to uncover

Financial Results

Q1FY’24 EPS More Than Halves At Winsome Industries

Textile Insights August 14, 2023

Earnings per share (EPS) more than halved to Rs 2.32 in the first fiscal quarter ending June 30, 2023 at Winsome Textile Industries as against Rs 5.23 in the comparable quarter of fiscal 2023. The Himachal Pradesh based spinner reported total income of Rs 207.54 crores during the period under review, down 6.23 percent vis-à-vis […]

Machinery

ORBIT Ring Traveler System: Unleashing High-Speed And Flawless Quality In Ring Spinning Mills

August 11, 2023

The key to success of a ring spinning mill lies in its ability to produce flawless quality with the highest possible production speed. Selecting the best ring traveler system is crucial here. ORBIT allows exceptional speeds above 23,000 rpm without compromising quality. When the spindle speed is increased, the frictional power between the ring and […]