Shahi Exports announces joint venture with Taiwan’s Little King Global
Indian Textile Journal
by admin
10h ago
This collaboration marks the birth of a state-of-the-art processing unit for synthetic performance fabrics strategically located in Shimoga, Karnataka. Shahi Exports, the apparel manufacturer and exporter, announced a joint venture with Little King Global, one of Taiwan’s premier synthetic sportswear fabric manufacturers. The joint venture is a part of the company’s expansion roadmap. This collaboration marks the birth of a state-of-the-art processing unit for synthetic performance fabrics strategically located in Shimoga, Karnataka. The venture will also boost employment in Shimoga, making Sh ..read more
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Indo Count Industries receives awards at Texprocil Export Ceremony
Indian Textile Journal
by admin
10h ago
These awards recognise the role played by the exporting community in developing and diversifying India’s exports of cotton textiles. Indo Count Industries was honoured with three Gold Trophies for its outstanding contributions to the export of cotton made-ups from India at the Texprocil Export Awards ceremony. The Texprocil Export Awards, organised by The Cotton Textiles Export Promotion Council (TEXPROCIL), are among the most prestigious recognitions in the textile sector, celebrating excellence and innovation in exports. Indo Count Industries has clinched the Gold Trophy for the highest expo ..read more
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Vardhman invests Rs 20 billion, expands into technical textiles
Indian Textile Journal
by admin
10h ago
The company would invest in new capacity for technical textiles, targeting a production output of 1.5 million metres of fabric per month. Vardhman recently sanctioned a significant enhancement and modernisation plan for its existing spinning and fabric business. It was stated that this initiative, supported by a substantial capital outlay of approximately Rs 20 billion, aimed to strengthen the company’s operational capacity and embrace sustainable practices. It was mentioned that Vardhman currently boasted a capacity of 1.2 million equivalent spindles and produced approximately 175 million met ..read more
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Sustainable products from harmful species
Indian Textile Journal
by Dr Seshadri Ramkumar
1d ago
Chavda brothers co-founded INVERSA with school mate Roland Salatino which is using the skin of the invasive species to develop shoes, handbags, and other fashion products, informs Dr Seshadri Ramkumar. Sustainable fashionable goods can be produced from invasive harmful species. Tampa, Florida-based INVERSA is endeavouring to save the ecosystem by developing useful and sustainable products from non-native invasive species. INVERSA was founded in 2022 by two brothers and a schoolmate—a typical American entrepreneurial successful story which routinely happens in information technology and biotech ..read more
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India’s technical textiles market shows 10% growth
Indian Textile Journal
by admin
5d ago
India’s technical textiles market stands as the 5th largest market globally. The Ministry of Textiles, in collaboration with the Confederation of Indian Industry (CII) and Ahmedabad Textiles Industries’ Research Associations (ATIRA), had arranged a National Symposium on Advancements in Composites, Speciality Fibres, and Chemicals in New Delhi. Rachna Shah, Secretary of the Ministry of Textiles, in her speech at the symposium, expressed that India’s Technical Textiles market had significant potential, marked by a growth rate of 10 per cent and its standing as the 5th largest technical textiles ..read more
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Fentanyl decontamination features FiberTect nonwoven wipe
Indian Textile Journal
by Dr Seshadri Ramkumar
5d ago
FiberTect has become an important tool in the fight against fentanyl addiction, says Dr Seshadri Ramkumar. Latest LEXIPOL series featured Texas Tech’s FiberTect as an important component in decontaminating synthetic opioids. FiberTect is gaining international recognition in the decontamination field. LEXIPOL series is widely watched by Fire Rescue, First Responders and Defence communities around the world. In the talk, “Maximising Decon Efficiency: Solutions for Fentanyl and Other Drugs,” on May 8, 2024, Corey Collings, Director of Research at First Line Technology presented the hybrid decont ..read more
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Lindström launches floor MAT rental service for India
Indian Textile Journal
by admin
5d ago
These MATs assist in helping faster evaporation of moisture as well as trap dirt & moisture between the tufts. Lindström India, a 100 per cent subsidiary of the Finnish Lindström Oy, a global textile rental company offering workwear and cleanroom services, has launched the unique floor MAT rental service for India. All Lindstrom MATs are of very high quality and are extremely durable lasting at least 5X longer than generic competition and are maintained in ways that are sustainable, ensuring reuse, recycle for a longer lifespan. Also, Lindstrom’s highly optimised production processes help ..read more
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Century Textiles sees decline as Q4 profits drop 4% YoY to Rs 1.6 billion
Indian Textile Journal
by admin
5d ago
The export demand from Europe, USA, and UK markets is consistent and expected to improve in FY25. Century Textiles & Industries witnessed a decline of 4.40% to Rs 1,849 as the Aditya Birla Group company announced a 4.40% decrease in consolidated net profit, dropping to Rs 1.60 billion in Q4 FY24 from the previous Rs 1.67 billion in Q4 FY23. It was reported that the company’s revenue from the Pulp & Paper business had fallen by 5.58% to Rs 8.59 billion in Q4 FY24, compared to the Rs 9.09 billion recorded in Q4 FY23. In Q4 FY24, it was mentioned that overall production volumes had increa ..read more
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Indian apparel exporters seek UK FTA amid textile export slump
Indian Textile Journal
by admin
6d ago
The favourable outcomes of the recently concluded FTAs with Mauritius and Australia set a promising precedent for negotiations with the UK. Indian garment exporters are hopeful that a potential free trade agreement (FTA) with the United Kingdom might be the key to revitalising their fortunes. This optimism stems from the consecutive decline in the country’s textile and apparel exports over the past two years. The recent successful FTAs with Mauritius and Australia, resulting in a notable increase in readymade garment exports by 16.8 per cent and 5.7 per cent, respectively, in the initial eight ..read more
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MITRA mega Textile Park in Dhar, MP expected to attract Rs 6,850 crore investment
Indian Textile Journal
by admin
6d ago
The MITRA park is expected to generate substantial employment opportunities, with estimates suggesting 50,000 direct and 1.5 lakh indirect jobs. In a significant development for India’s textile industry, Piyush Goyal, Union Textiles Minister, announced that the upcoming Mega Integrated Textile Region and Apparel (MITRA) Park in Madhya Pradesh’s Dhar district is poised to attract substantial investment. Goyal stated at the launch event for the MITRA park that the project could witness an investment of approximately Rs 6,850 crore in the Dhar district alone. He also mentioned that other regions ..read more
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