LMW Limited reported stronger momentum in its Machine Tool Division during the third quarter of FY26, with capacity utilisation at around 75 percent, even as its core textile machinery business remained under pressure. The company said demand for machining centres, particularly for electronics and precision manufacturing applications, is emerging as a key growth driver and […]
Mariplast Spa, an Italy-based manufacturer of products for the textile industry, has established a new production facility in Verna, Goa, as part of its international expansion. The plant will manufacture yarn carriers for the textile industry, aimed at supplying the Indian textile sector. The facility is intended to increase production capacity and reduce logistics and […]
Toray Industries (H.K.) Ltd. has entered a joint venture with MAS Holdings to establish a new manufacturing facility in Odisha, India. The entity, named Toray MAS Apparel India, will operate from the MAS Apparel Park at Bhuinpur, which began development in March 2025. Operations are scheduled to start in early 2026. The agreement was formalised […]
Raymond Group, a diversified Indian business group, plans to invest INR 12 billion in Andhra Pradesh, focusing on the manufacture of garments, auto components, and aerospace products. According to a report by MoneyControl, The investment is part of the company’s broader diversification strategy beyond textiles into engineering, defence, and precision manufacturing. Raymond’s entry into the aerospace […]
Trutzschler India Private Limited has inaugurated a new textile machinery manufacturing facility in Sanand GIDC. The plant covers 36,000 square meters and represents a significant investment in infrastructure, machinery, and processes to align with Trutzschler’s global production strategy. According to the company, the facility includes high-speed laser cutting machines from Trumpf, CNC press brake systems […]
