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View News Category Wise Legal & Govt. Policy Market Intelligence Industry Opinion Market Trends Import / Export Product Focus Production Company Performance Trade Fair Fashion Product Innovations General Editorial Investments Expansion Plans Awards Symposium Retail Technical Textiles Restructuring / Closures Joint Ventures Bilateral Trade Statistics Acquisition Capital Markets Traditional Textiles   Expansion Plans   ...more   Vinatex to invest in domestic and foreign retail system Mr. Vu Duc Giang, The Viet Nam Textile Corporation (Vinatex) Vice Director said that Vinatex has plans to develop an additional 28 textile and garment superstores in major cities and provinces nationwide, a total expansion of 28,000 square metres....more by Textile Intelligence Monday, 20th February 2006View more news from [ Ha Noi ] [ Vietnam ] Primary textile sector on record growth path There has been a major expansion in Bangladesh’s Primary Textile Sector (PTS), with an investment of almost Taka 10000 crore in last four years, attracting a total investment to over Taka 18000 crore. Almost 77 new spinning mills, 2,588,626 new spindles a...more by Textile Intelligence Friday, 17th February 2006View more news from [ Dhaka ] [ Bangladesh ] Vinatex vision is to be top 10 producer's list Le Quoc An, Chairman, Vietnam Textile and Garment Association (Vinatex) informed that Vinatex was in the process of implementing its General Development Strategy to ensure the group reaches the 10 position from the present 16th by the year 2010. He said t...more by Textile Intelligence Friday, 17th February 2006View more news from [ Hanoi ] [ Vietnam ] LMW to increase spinning machinery output Lakshmi Machine Works (LMW), the textile machinery manufacturer has set out a Rs. 200-crore development and modernization programme to increase its spinning machinery production. Giving reason for the programme, Mr. R. Rajendran, Chief Financial Officer,...more by Textile Intelligence Friday, 10th February 2006View more news from [ Coimbatore ] [ India ] D D Synthetics plans to invest Rs. 20 mln for technical promotions Looking at the growing demand for home textiles in the domestic as well as overseas markets, Amritsar based D D Synthetics Private Ltd don’t want to lose the chance to encash on the same. The company is investing about Rs 20 mln to import state-of-the-art...more by Textile Intelligence Monday, 06th February 2006View more news from [ Amritsar ] [ India ] Automotive textile maker Fezko to enter Russian market Fezko, a Czech producer of automotive textiles (car interiors) is looking for a strategic partner to enter the Russian market. A local news paper reported on January 23 that the company is talking to a company to finalize a deal....more by Textile Intelligence Saturday, 28th January 2006View more news from [ Prague ] [ Czech Republic ] Nylatex signs a deal with China for textile business Nylatex, previously part of the Courtaulds Textile Group of companies, has signed a deal to set up Nylatex China, a warp and weft knitting and fabric dyeing and finishing facility in Guangdong, Southern China. Nylatex expects the new facility to come on s...more by Textile Intelligence Saturday, 28th January 2006View more news from [ Nottingham ] [ United Kingdom ] Mitsubishi to set up second PTA line of 800,000 tpa in Haldia Tokyo based Mitsubishi Chemical Corporation (MCC) has made the formal announcement on 9th January to set up the second line of 800,000 tpa purified terephthalic acid (PTA) plant in Haldia (West Bengal, India) with an investment of Rs 1,665 crore (US$ 370...more by Textile Intelligence Monday, 16th January 2006View more news from [ Kolkatta ] [ India ] Nitin Spinners Ltd plans expansion worth 150 crore Nitin Spinners, a 100 % Export Oriented Unit (EOU), is planning expansion by investing 150 crore and to part-finance it the company is entering in the capital market with its IPO of Rs. 49 crore through the book-building process scheduled to open on 6t...more by Textile Intelligence Wednesday, 04th January 2006View more news from [ Bhilwara ] [ India ] Prime Textiles Ltd. plans to expand it spinning capacity The expansion plan of Prime Textiles Ltd is that the company will increase its spinning capacity to 100,000 Ring spindles. The Board of Directors of Prime Textiles Ltd. has approved the plans for the proposed expansion....more by Textile Intelligence Friday, 30th December 2005View more news from [ Mumbai ] [ India ] Benetton plans 20 new outlets in West and South India The global high fashion brand ‘United Colours of Benetton’ (UCB), has plans to open 20 more outlets all over India in the coming year. After launching its first mega store in South India in Chennai on 27th Dec, Ms. Gagan Singh Managing Director, Benetton...more by Textile Intelligence Friday, 30th December 2005View more news from [ Chennai ] [ India ] Rana Polycot to expand production capacity, to enter capital market Rana Polycot has decided to enter in to the capital market through an IPO of about Rs 30 crore. The company has plans to set up a yarn dyeing unit of approximately 5 MT per day and to increase the capacity of its garments and spinning divisions with a ca...more by Textile Intelligence Thursday, 29th December 2005View more news from [ Chandigarh ] [ India ] Mahavir Spinning rolls out large capacity enhancement plan Mahavir spinning Mills has announced a large scale capacity enhancement plan which would be in the tune of Rs 1,600 crore. The investment plan is divided in to two parts. Company would invest Rs 540 crore for expanding and modernising...more by Textile Intelligence Thursday, 29th December 2005View more news from [ Mumbai ] [ India ] Japanese Textile Company to expand The Commerce Department on 28 Dec said a Japanese textile company will expand its plant in Gaffney. Here they will create 55 more vacancies....more by Textile Intelligence Thursday, 29th December 2005View more news from [ Columbia ] [ USA ] Abhishek Industries to expand terry towel operations Punjab-based Abhishek Industries Ltd said on Thursday that it has commenced commercial production on 60 air jet looms under phase-II of its expansion project of terry towel unit....more by Textile Intelligence Saturday, 24th December 2005View more news from [ Barnala ] [ India ] Bhawani Textiles to hit capital market soon. In keeping with the current market trend, another IPO will be hitting the Indian market soon. With an investment plan of over Rs 70 crore in the next one year, Bhawani Textiles Ltd (BTL), a leading hosiery manufacturer, will shortly enter the capital mark...more by Textile Intelligence Saturday, 24th December 2005View more news from [ New Delhi ] [ India ] Morarjee Textiles (MTL) scouting for acquisition in Europe Morarjee Textiles (MTL), part of Piramal Enterprises, is scouting for acquisitions in Europe to expand its reach in the region. According to company sources, Morarjee International, the overseas arm of MTL, is reportedly in talks with medium-scale brands...more by Textile Intelligence Friday, 23rd December 2005View more news from [ Mumbai ] [ India ] S.Kumars Nationwide plans Rs 4bn capex S. Kumars Nationwide Ltd. said on Wednesday that it plans to invest Rs4bn over the next four years for expansion cum diversification as it prepares to cash in on the opportunities thrown up by the quota-free world textile regime....more by Textile Intelligence Thursday, 08th December 2005View more news from [ Mumbai ] [ India ] Narendra Modi inaugurates Welspun’s Anjar facility Mr. Narendra Modi, Chief Minister of Gujarat, inaugurated the Welspun City at Anjar, in the last week of November. This facility has been established with an investment cost of Rs 1300 crore and completed in record time....more by Textile Excellence Wednesday, 30th November 2005View more news from [ Ahmedabad ] [ India ] S Kumars to set up cotton fabric plant at Vapi, Gujarat In line with its fifth strategic business unit, Rs 860-crore textiles and apparel corporation, S Kumars Nationwide Ltd proposes to invest approximately Rs 130 crore to build a plant for manufacturing high priced cotton fabric. The plant will be constructe...more by Textile Intelligence Friday, 18th November 2005View more news from [ Mumbai ] [ India ] S Kumars to set up cotton fabric plant at Vapi, Gujarat In line with its fifth strategic business unit, Rs 860-crore textiles and apparel corporation, S Kumars Nationwide Ltd proposes to invest approximately Rs 130 crore to build a plant for manufacturing high priced cotton fabric. The plant will be constructe...more by Textile Intelligence Friday, 18th November 2005View more news from [ Mumbai ] [ India ] Precot announces Rs 90-cr expansion plan Leading cotton yarn manufacturer Precot Mills Ltd., are expected on implementing a capacity expansion plan to the tune of Rs 90cr. The company, currently focusing on production infrastructure of spinning, textile processing and weaving, is also keen to en...more by Textile Excellence Tuesday, 15th November 2005View more news from [ Coimbatore ] [ India ] India: Bombay Rayon Fashions Ltd. to raise an IPO Bombay Rayon Fashions Ltd. announced on November 7th ’05 that it is planning to raise anywhere between Rs850-940mn through the Initial Public Offering (IPO) of its equity shares to fund its upcoming integrated manufacturing plant near Bangalore....more by Textile Intelligence Tuesday, 08th November 2005View more news from [ Mumbai ] [ India ] Germany: BASF acquisition of Leuna-Miramid completed The acquisition of Leuna-Miramid, Germany by BASF, Germany, was completed on November 1, 2005. The regulatory authorities have issued their unconditional approval of the transaction....more by Textile Intelligence Monday, 07th November 2005View more news from [ Berlin ] [ Germany ] KSL Receives Rs 300 crore Loan for Capacity Expansion According to Saurabh Kumar Tayal, Chairman and managing Director, “The expansion is being financed in a debt: equity mix of 1:1....more by Textile Excellence Tuesday, 01st November 2005View more news from [ Uttar Pradesh ] [ India ] Gangotri Textiles Ltd is expected to increase its garment manufacturing capacity from 1,000 units a day to 4,000 units a day in 2006. Skin care and protection against premature ageing can now be combined with the simple action of getting dressed! Evo Care Vital, the latest product from DyStar Auxiliaries GmbH...more by Textile Intelligence Thursday, 27th October 2005View more news from [ Coimbatore ] [ India ] India: Ginni Filaments to set up new units at Rs 2.04billion Ginni Filaments is going for expansion by starting new units at Faridabad in Haryana and Chhata in Uttar Pradesh....more by Textile Intelligence Monday, 24th October 2005View more news from [ New Delhi ] [ India ] DCM Textiles plans Rs 70 cr expansion. DCM Textiles Ltd, a part of the DCM Group, has announced an investment outlay of Rs. 70 crore in the next two years for increasing its production capacity....more by Textile Intelligence Saturday, 22nd October 2005View more news from [ New Delhi ] [ India ] Integration Programme:Ginni Filament goes for forward integration Buoyed by the current global trend Ginni Filaments LIMITED (GIN NI) has planned to expand the existing spinning capacity, to start manufacturing Non woven fabrics and also has plans to venture into garments manufacturing...more by Textile Excellence Monday, 10th October 2005View more news from [ New Delhi ] [ India ]

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