Sourcery welcomes ten Indian Spinners to join its Direct-to-Grower™ Programme

Sourcery has welcomed ten leading spinning mills and vertical manufacturers for apparel, denim and home textiles into its Direct-to-Grower™ Programme as Provisional Partners. These Partners, which include Markwell Spinning, Thiagarajar Mills, RSB Cottex, Leaspin Textiles, Sustainable Spinning & Commodities, L.S. Spinning Mills, S.A.AANANDAN MILL, Bio Spun, Bio Spinning and one additional manufacturer who chose to […]


BSL commissions ₹150 crore state-of-the-art Cotton Spinning Unit in Bhilwara

Modern manufacturing facility will produce 700 tonnes of cotton yarn per month, increasing the company revenue by 250 crores BSL Limited, a legacy brand in the textile and suiting industries, has recently launched its first Cotton Spinning Unit in Bhilwara, Rajasthan, India. This addition is expected to augment the company’s revenue by INR 250 crores […]

Partnership Spinning

DBL Group partners with BII for a greenfield cotton yarn spinning mill

DBL Group has signed on to a $52 million credit facility provided by British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. The loan facility will support DBL to establish Jinnat Textile Mills Ltd., a greenfield, cotton yarn spinning mill, which will be housed in a LEED-certified green building. The construction […]


BSL To Invest Rs. 150 Crores In Spinning And Weaving Capacity Expansion

Bhilwara based leading textile company BSL LTD. has signed an MoU with the Department of Industries and Commerce, Government of Rajasthan. Under this MoU, the Company will invest over Rs. 150.00 crores to expand its manufacturing facilities in Bhilwara. This MoU would be implemented within 2 years and would generate employment for 800 people through […]


Saurer Sells Accotex, Temco And Autoconer Businesses To Rieter

Saurer Intelligent Technology Co. Ltd (listed in Shanghai, China) and Rieter Holding AG (Winterthur, Switzerland) signed an agreement with Rieter to acquire the Accotex and Temco businesses from Saurer Technologies GmbH & Co. KG and the Autoconer machine business from Saurer Spinning Solutions GmbH & Co. KG. with a purchase price of EUR 300 million. […]


SVP Global Subsidiary Commences Commercial Operations At Its Textile Plant In Oman; Invests USD 150 Million

SVP Global subsidiary, SV Pittie Sohar Textiles (FZC), has set up 1.5 lakh spindles and 3,500 rotors facility; It will boost the overall revenue of the Company Highlights:- The COD of Oman Plant is expected to contribute in revenue to SVP Group from Sep 2021 Expansion in Oman offers strategic, operational and logistics benefits including […]