Sanathan Textiles Limited, a prominent player in the textiles and yarn manufacturing industry, has launched its highly anticipated Initial Public Offering (IPO) to seek capital for its growth and expansion strategies. With the IPO opening on December 19, 2024, the company aims to raise ₹550 crore t
As the 2024 Thanksgiving to Cyber Monday period concluded, the furniture retail sector experienced an unexpected renaissance, overcoming nearly two years of sluggish sales and economic downturns. Retailers from various regions witnessed significant boosts in business, offering hope for a sustained
Food recalls have become a growing concern in both the European Union (EU) and the United States (US), posing significant risks to manufacturers' reputations and financial stability. With direct recall costs estimated around $10 million, the indirect costs can be even more substantial and
The textile industry is on the brink of a significant transformation, driven by sustainable innovations and technological advancements. By 2025, these changes will reshape the industry, aligning it more closely with consumer values and environmental goals. This article explores the key trends and
Renishaw, a global leader in advanced manufacturing technologies, is set to launch a new metal additive manufacturing (AM) system tailored for newer adopters in the industry. The upcoming system, an extension of the well-regarded RenAM 500 series, aims to reduce the cost per part and make
In a significant move reflecting its evolving strategic vision, Sandvik announced a realignment of its additive manufacturing (AM) business to concentrate on metal powder production. This was accompanied by strategic divestitures, including its minority stake in the Italian 3D printing service
