Cotton

Cotton Corporation of Tamil Nadu In Offing

Textile Insights June 26, 2023

The Tamil Nadu government has plans to establish the Cotton Corporation of Tamil Nadu in a public-private partnership (PPP) model. The government will also consider setting up of a separate commission for procuring cotton and selling directly to spinning mills. This was informed by Minister for

Machinery

Pacorr Launches Range Of Textile Testing Instruments

Textile Insights June 22, 2023

India based Pacorr Testing Instruments has recently launched a range of textile testing instruments that are designed to meet the testing needs of the textile industry. The range includes Martindale Abrasion Tester, Motorised Wrap Reel, Crockmeter Rubbing Fastness Tester (Motorised), Snap Button Pull Test Machine, Fabric Swatch Cutting Machine, Fabric Inspection Machine,

Industry

The Yarn Bazaar raises Rs 150 million in First Funding Round

Textile Insights June 21, 2023

The Yarn Bazaar, an online B2B managed marketplace, providing a one-stop solution for all yarn-related requirements, has raised Rs 150 million in a Pre-Series A Round. The investment was led by the Rajiv Dadlani Group and Equanimity Ventures and also saw participation from reputed Family Offices and HNI investors. The funding will primarily be used […]

Product Launch & Innovation

Spinnova Partners Terafil For New Yarn Development

Textile Insights June 20, 2023

Finland based producer of natural fibres, Spinnova has partnered with Portugal based vertically integrated textile mill, Terafil in a yarn development cooperation agreement. Under the agreement, Tearfil will operate Spinnova’s R&D yarn-spinning line at its facilities in Portugal, and undertake new product development activity on behalf of Spinnova. The rationale behind

Industry

Maharashtra Unveils New Textile Policy

Textile Insights June 5, 2023

The government of Maharashtra approved a new textile policy, which is aimed at attracting investment of Rs 25,000 crore and thereby boost investment in the state’s textile industry. “According to the policy, there will be an increase in the cotton processing capacity in the state from 30-80% over the next five years and generate new […]