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Himatsingka Seika signs licensing deal

Related Keywords: bath and bath accessories, bedding and bath products, core bedding, drapery and upholstery fabrics and fine count cotton yarn, fashion bedding, global brand portfolio in the home textile space, home textile categories, home textile manufacturer, manufacture Royal Velvet heritage luxury brand of bedding and sheets, sheets, utility bedding

Home textile manufacturer Himatsingka Seide said it has signed a multi-year deal with US-based Iconix Brand Group to manufacture Royal Velvet heritage luxury brand of bedding and sheets etc in the US market. “We look forward to partnering with Iconix Brand Group and leveraging our integrated expertise to enhance the presence of the Royal Velvet brand across various home textile categories”, said Shrikant Himatsingka, Managing Director and Group CEO, Himatsingka Group.

Welspun to supply Made-in-Gujarat terry towels to organizers of Rugby World Cup

Related Keywords: collection of beach towels, global home textile players, home textile manufacturer, modern manufacturing facilities, players and training officials, quick dry sports towels and blankets, supply terry towels, to organizers of Rugby World Cup, under Christy brand, Welspun India Ltd, WIL

Welspun India Ltd. (WIL) is a fully integrated home textile manufacturer and one of the largest global home textile players, with world class manufacturing facilities in India has modern manufacturing facilities at Anjar and Vapi in Gujarat, where it produces the entire range of home textiles for bed & bath category, for the first time would be supplying terry towels to the organizers of Rugby World Cup (RWC) 2015 for the players and training officials.

Himatsingka gets clearance from Karnataka govt of its Rs1,325 investment proposal

Related Keywords: Austin, Bengaluru based home textile major, cleared five investment proposal, Himatsingka Siede, home textile manufacturer, in diverse sectors, investment proposal cleared, job creation potential, Karnataka government, particiapate at international conference and business fair, team of women entrepreneurs, US

The Karnataka government on Wednesday cleared five investment proposals worth Rs.2,050 crore in diverse sectors with job creation potential for 3,532 people. The State Government will also be sending a team of 20 women entrepreneurs from Karnataka to participate in the three-day international conference and business fair at Austin, US from June 23. Additional chief secretary K Ratna Prabha will be leading the delegation.

One of the proposals cleared is Himatsingka Siede, a Bengaluru based home textile major proposal to invest 1,325 crore in Hassan to manufacture bed linen.

Welspun India focus to strengthen leader position in home textile category

Related Keywords: home textile manufacturer, looms, lower dependence, outside suppliers, producing bed-sheets, spindles, towels, Welspun Group, Welspun India

Welspun India, a part of the USD 3 billion Welspun Group, one of the top three home textile manufacturers in the world and the largest home textile company in Asia. With the 170,000 spindles and 140 looms part of the plan producing bed-sheets, towels and other made-ups have started commercial operations effective September, 2014.

The company's expansion project is half-way through with capex of Rs 1,200 crore completed by the end of the quarter. The remaining capex of around Rs 1,300 crore is expected to be completed over the next two years.

Welspun India Q3 PAT touches Rs 109.5 cr

Related Keywords: home textile manufacturer, Indian textile industry, Welspun India

Welspun India Ltd is a fully integrated home textile manufacturers and one of the top three globally, in a released today announced that its profit after tax (PAT) has touched Rs 109.5 crore during the third quarter of this financial year.

While revenue of the company, part of USD 3.5 billion Welspun Group, grew by 24 per cent at Rs 1,146.8 crore compared to Rs 922.5 crore in Q3 FY13 with strong volume growth across towels and rugs.

The PAT of the company stood at Rs 51.6 crore in the corresponding quarter of FY13,

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