TechnoSport, a Bengaluru-based activewear company, has announced an investment of Rs 130 crore (US $13.59 million) to expand its existing manufacturing facility in Erode, Tamil Nadu.
Manufacturing News
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Ester Industries’ JV with Loop Industries has secured a new LOI from a leading global sports brand for Loop PET Fiber Grade resin.
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Construction activity has begun at the PM Mega Integrated Textile Region and Apparel (PM MITRA) Park in Dhar, Madhya Pradesh, with several large textile units already working on their facilities.
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Kothari Industrial Corporation Ltd, through its associate company Phoenix Kothari Footwear Ltd, has proposed an investment of approximately Rs 1,000 crore to establish a non-leather footwear manufacturing facility in Mananthapuram District, Tamil Nadu.
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Gujarat-based textile major Arvind Ltd is exploring leased and other asset-light manufacturing options to expand denim capacity as strong demand pushes its denim fabric volumes to a 16-quarter high.
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Page Industries Ltd, a manufacturer and retailer of innerwear, reported a 7.9% year-on-year increase in revenue from operations to Rs 1,420.44 crore(US $148.88 million) in the first quarter of FY27, driven by growth in apparel sales volumes and steady consumer demand.
