Customers and exports of Mohan Spintex: Difference between revisions
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{{Short description|Markets and buyers of MSIL}} | {{Short description|Markets and buyers of MSIL}} | ||
'''[[Mohan Spintex India Limited]]''' (MSIL) sells yarn, fabric and home textiles to '''customers''' in India and '''exports''' to more than 22 countries.<ref name="tm2022">{{Ref tm2022}}</ref> In the 2021–22 financial year about 80% of its sales were domestic and 20% were exports.<ref name="tm2022" /> | '''[[Mohan Spintex India Limited]]''' (MSIL) sells yarn, fabric and home textiles to '''customers''' in India and '''exports''' to more than 22 countries.<ref name="tm2022">{{Ref tm2022}}</ref> In the 2021–22 financial year about 80% of its sales were domestic and 20% were exports.<ref name="tm2022" /> | ||
== Customers named by rating agencies == | |||
In 2024 Infomerics named the following among the company's long-standing customers:<ref name="infomerics2024">{{Ref infomerics2024}}</ref> | |||
{| class="wikitable" | |||
! Domestic !! International | |||
|- | |||
| Lux Industries || Hometex Inc. | |||
|- | |||
| L S Mills || Revival New York | |||
|- | |||
| NMK Textile Mills India || Welspun USA | |||
|- | |||
| || [[wikipedia:IKEA|IKEA]] | |||
|} | |||
== Domestic customers == | == Domestic customers == | ||
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Overseas Director Yantrapragada Subba Rao said in 2026 that buyers now assess suppliers on reliability, ethical sourcing, compliance and consistent quality, not just price, and that "in export markets, reputation travels faster than shipments".<ref name="tmlegacy">{{Ref tmlegacy}}</ref> | Overseas Director Yantrapragada Subba Rao said in 2026 that buyers now assess suppliers on reliability, ethical sourcing, compliance and consistent quality, not just price, and that "in export markets, reputation travels faster than shipments".<ref name="tmlegacy">{{Ref tmlegacy}}</ref> | ||
Export share has varied: 20.85% of sales in 2020–21, 17.90% in 2021–22 and about 15% in 2023–24, when exports went to the United States, South America, Israel, the European Union and Asian countries.<ref name="care2023">{{Ref care2023}}</ref><ref name="infomerics2024" /> A wholly owned subsidiary in the United States, Mohan International Inc., acts as the company's marketing office for American export orders.<ref name="care2023" /> | |||
The company exhibits at [[wikipedia:Heimtextil|Heimtextil]] in Frankfurt, the main international trade fair for home textiles. It was profiled in the Heimtextil 2026 edition of ''The Textile Magazine'', and is listed as an exhibitor for Heimtextil 2027 (Hall 9.0, stand E49).<ref name="tmlegacy" /><ref name="heimtextil2027">{{Ref heimtextil2027}}</ref> | |||
International buyers have visited or audited MSIL's facilities, including [[wikipedia:IKEA|IKEA]] (an audit in 2022 and a team visit in 2023) and the Italian linen maker [[wikipedia:Frette|Frette]] (2022).<ref name="a135">{{Cite archive |album=IKEA Audit, 2022 |album_id=135 |access-date=16 September 2026}}</ref><ref name="a134">{{Cite archive |album=IKEA Team Visit, 2023 |album_id=134 |access-date=16 September 2026}}</ref><ref name="a228">{{Cite archive |album=Plant Visit: Frette, Italy, 2022 |album_id=228 |access-date=16 September 2026}}</ref> | International buyers have visited or audited MSIL's facilities, including [[wikipedia:IKEA|IKEA]] (an audit in 2022 and a team visit in 2023) and the Italian linen maker [[wikipedia:Frette|Frette]] (2022).<ref name="a135">{{Cite archive |album=IKEA Audit, 2022 |album_id=135 |access-date=16 September 2026}}</ref><ref name="a134">{{Cite archive |album=IKEA Team Visit, 2023 |album_id=134 |access-date=16 September 2026}}</ref><ref name="a228">{{Cite archive |album=Plant Visit: Frette, Italy, 2022 |album_id=228 |access-date=16 September 2026}}</ref> | ||