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Picanol Registers Healthy Revenues Despite 25% Expected Dip In First Half Y-o-Y

In line with the previously announced forecast, the Picanol Group  realized a consolidated revenue of 666.71 million euros over the full 2018 financial year,...

Oerlikon: Sale Of The Drive Systems Segment Successfully Closed

Oerlikon, a leading technology and engineering group, announced the successful conclusion of the sale of its Drive Systems Segment to Dana Incorporated. The agreement...

Silkline for Textile Sector in NE India: Smriti Irani Inaugurates Rudrasagar Silk Mill

Union Minister of Textiles Smriti Zubin Irani inaugurated Rudrasagar Silk Ltd., - a spun silk mill in Demow town in Sibsagar district of Assam...

S.T. COTTEX Attributes Its Growth Story To Its Technology Partners

From a 25,000 spindles unit in the year 2000 to a textile conglomerate comprising 11 units with a capacity of 150,000 spindles, 6,000 open...

Marco Mori is new CFO of SSM AG

SSM Schärer Schweiter Mettler AG has appointed Marco Mori as their new Chief Financial Officer from February 1, 2019. Mori holds a Bachelor of...

Textile Start-Up CFL Chalks Out An Aggressive Growth Path

A renowned Indian textile start-up company Canva Fibre Labs LLP (CFL) announced that it will go beyond the current capacity of one ton per...

Smart Textile Maker Turms Expands Angel Funding by Rs. 2 Crore

Angel round of funding for the Bangalore-based Turms was recently expanded by Rs. 2 crore. Turms is a smart apparel maker that specializes in...

Roman Haefeli new Head of Sales of SSM AG

Increasing customer demands require increasing sales service responsibilities. To strengthen the worldwide team and to achieve complete customer satisfaction, SSM Schärer Schweiter Mettler AG...

Q3FY19 Signals Good Increment In Net Profits For Garware Technical Fibres Ltd

Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.), a leading manufacturer of technical textiles for the Indian and global markets, has reported the financial...

KPR Mills Registers Healthy Growth In Third Quarter

Tamil Nadu’s textile major, KPR mills is planning to augment its capacity. The vertically integrated textile player has poured out its intentions to expand...

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