Mohan Spintex India Limited: Difference between revisions
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{{Short description|Indian textile manufacturer}} | |||
{{About|the Indian textile manufacturer|its founder|V. Sudhakar Chowdary}} | {{About|the Indian textile manufacturer|its founder|V. Sudhakar Chowdary}} | ||
{{Infobox company | {{Infobox company | ||
| Line 7: | Line 8: | ||
| industry = [[wikipedia:Textile industry in India|Textiles]] | | industry = [[wikipedia:Textile industry in India|Textiles]] | ||
| founded = {{Start date and age|2005|05|11}}<ref name="zauba" /> | | founded = {{Start date and age|2005|05|11}}<ref name="zauba" /> | ||
| founder = [[V. Sudhakar Chowdary]] | | founder = [[V. Sudhakar Chowdary]]<br>[[Vallabhaneni Mohan Rao]] <small>(promoter)</small><ref name="infomerics2024" /> | ||
| hq_location = [[wikipedia:Vijayawada|Vijayawada]], [[wikipedia:Andhra Pradesh|Andhra Pradesh]], India | | hq_location = [[wikipedia:Vijayawada|Vijayawada]], [[wikipedia:Andhra Pradesh|Andhra Pradesh]], India | ||
| num_locations = Manufacturing units | | num_locations = 4 [[Manufacturing units of Mohan Spintex|manufacturing units]]: [[Manufacturing units of Mohan Spintex#Unit 1, Vattigudipadu|Vattigudipadu]], [[Manufacturing units of Mohan Spintex#Unit 2, Remalle|Remalle]] (2) and [[Manufacturing units of Mohan Spintex#Unit 4, Mallavalli|Mallavalli]]<ref name="infomerics2024" /> | ||
| area_served = Worldwide | | area_served = Worldwide | ||
| key_people = [[Vallabhaneni Mohan Rao]] <small>(Chairman)</small><br>[[V. Sudhakar Chowdary]] <small>(Managing Director)</small> | | key_people = [[Vallabhaneni Mohan Rao]] <small>(Chairman)</small><br>[[V. Sudhakar Chowdary]] <small>(Managing Director)</small> | ||
| Line 16: | Line 17: | ||
| brands = [[Astara (brand)|Astara]] | | brands = [[Astara (brand)|Astara]] | ||
| production = 2,500+ tonnes of yarn per month<ref name="msilhome" /> | | production = 2,500+ tonnes of yarn per month<ref name="msilhome" /> | ||
| revenue = {{nowrap| | | revenue = {{nowrap|₹905 [[wikipedia:Crore|crore]]}} (FY 2023–24)<ref name="care2025" /> | ||
| net_income = {{nowrap|₹41 crore}} (FY 2023–24)<ref name="care2025" /> | |||
| num_employees = ~5,500–6,000<ref name="tmlegacy" /><ref name="msilhome" /> | | num_employees = ~5,500–6,000<ref name="tmlegacy" /><ref name="msilhome" /> | ||
| cin = U18100AP2005PLC046188 | | cin = U18100AP2005PLC046188 | ||
| subsidiaries = Mohan International Inc. (US)<br>Mohan Mercantile India Pvt. Ltd.<br>Mohan Dwellings Pvt. Ltd.<br>Mohan Renewable Energy India Pvt. Ltd.<ref name="care2023" /> | |||
| website = [https://www.mohanspintex.com mohanspintex.com] | | website = [https://www.mohanspintex.com mohanspintex.com] | ||
}} | }} | ||
'''Mohan Spintex India Limited''' ('''MSIL''') is an Indian [[wikipedia:Vertical integration|vertically integrated]] textile manufacturer headquartered in [[wikipedia:Vijayawada|Vijayawada]], [[wikipedia:Andhra Pradesh|Andhra Pradesh]]. Founded in 2005 by [[V. Sudhakar Chowdary]], the company spins yarn, weaves and processes fabric, and makes finished | '''Mohan Spintex India Limited''' ('''MSIL''') is an Indian [[wikipedia:Vertical integration|vertically integrated]] textile manufacturer headquartered in [[wikipedia:Vijayawada|Vijayawada]], [[wikipedia:Andhra Pradesh|Andhra Pradesh]]. Founded in 2005 by [[V. Sudhakar Chowdary]] and promoted with his father, [[Vallabhaneni Mohan Rao]], the company spins yarn, weaves and processes fabric, and makes finished home textiles such as sheet sets, duvet covers and quilts, all within its own facilities.<ref name="msilabout" /><ref name="tm2022" /> | ||
MSIL began commercial production in October 2006 with 14,400 [[wikipedia:Spindle (textiles)|spindles]] at [[Manufacturing units of Mohan Spintex#Unit 1, Vattigudipadu|Unit 1 in Vattigudipadu]], and has since expanded to 1,21,488 spindles, 6,272 rotors, 4,800 [[Glossary of textile manufacturing terms#TFO|TFO]] drums and 324 [[wikipedia:Air-jet loom|air-jet looms]] across several units in [[wikipedia:Krishna district|Krishna district]].<ref name="tm2022" /><ref name="msilhome" /> Trade press describes it as the second-largest textile company in Andhra Pradesh.<ref name="tm2022" /> | MSIL began commercial production in October 2006 with 14,400 [[wikipedia:Spindle (textiles)|spindles]] at [[Manufacturing units of Mohan Spintex#Unit 1, Vattigudipadu|Unit 1 in Vattigudipadu]], and has since expanded to 1,21,488 spindles, 6,272 rotors, 4,800 [[Glossary of textile manufacturing terms#TFO|TFO]] drums and 324 [[wikipedia:Air-jet loom|air-jet looms]] across several units in [[wikipedia:Krishna district|Krishna district]].<ref name="tm2022" /><ref name="msilhome" /> Trade press describes it as the second-largest textile company in Andhra Pradesh.<ref name="tm2022" /> | ||
The company supplies domestic manufacturers including [[wikipedia:Welspun India|Welspun]], | The company supplies domestic manufacturers including [[wikipedia:Welspun India|Welspun]], Himatsingka, Indo Count and Mafatlal, exports to more than 22 countries, and sells home textiles in India under its own brand, [[Astara (brand)|Astara]].<ref name="msilhome" /><ref name="tm2022" /> Its chairman is [[Vallabhaneni Mohan Rao]].<ref name="archive-chairman" /> | ||
== History == | == History == | ||
{{Main|History of Mohan Spintex India Limited}} | {{Main|History of Mohan Spintex India Limited}} | ||
[[File:MSIL Unit 1, aerial view.jpg|thumb|left|upright=1.1|Aerial view of Unit 1]] | [[File:MSIL Unit 1, aerial view.jpg|thumb|left|upright=1.1|Aerial view of Unit 1]] | ||
The company was founded by [[V. Sudhakar Chowdary]], who had previously run his family's fertiliser distribution business; he dates its start to 7 April 2005.<ref name="tm2017" /> It was incorporated on 11 May 2005 as a public limited company registered in Vijayawada.<ref name="zauba" /> Commercial production began in October 2006 at Unit 1 in Vattigudipadu, then a single spinning mill with 14,400 spindles.<ref name="tm2022" /> | |||
The company expanded in stages. Foundation stones were laid for a second phase at Unit 1 in 2007,<ref name="archive-u1p2" /> for Unit 2 in 2009,<ref name="archive-u2bp" /> and for Unit 3 in 2013;<ref name="archive-u3bp" /> Unit 2 was inaugurated in 2012.<ref name="archive-u2inaug" /> A unit at [[Manufacturing units of Mohan Spintex#Mallavalli|Mallavalli]] was inaugurated in 2019.<ref name="archive-mallavalli" /> Between 2018 and 2020 the company invested ₹400 crore in expansion.<ref name="tm2022" /> | The company expanded in stages. Foundation stones were laid for a second phase at Unit 1 in 2007,<ref name="archive-u1p2" /> for Unit 2 in 2009,<ref name="archive-u2bp" /> and for Unit 3 in 2013;<ref name="archive-u3bp" /> Unit 2 was inaugurated in 2012.<ref name="archive-u2inaug" /> A unit at [[Manufacturing units of Mohan Spintex#Mallavalli|Mallavalli]] was inaugurated in 2019.<ref name="archive-mallavalli" /> By 2017 it had more than 125,000 spindles and 125 air-jet looms, about 2,800 employees and exports of close to half its output.<ref name="tm2017" /><ref name="suessen2017" /> Between 2018 and 2020 the company invested ₹400 crore in expansion.<ref name="tm2022" /> | ||
Over the same period MSIL moved beyond yarn into weaving, fabric processing and finished home textiles, completing its integration from fibre to finished product.<ref name="msilabout" /> | Over the same period MSIL moved beyond yarn into weaving, fabric processing and finished home textiles, completing its integration from fibre to finished product.<ref name="msilabout" /> | ||
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[[File:Astara store, Vijayawada.jpg|thumb|right|The Astara outlet in Vijayawada at its opening]] | [[File:Astara store, Vijayawada.jpg|thumb|right|The Astara outlet in Vijayawada at its opening]] | ||
MSIL's products span 100% cotton and blended yarns, greige and finished fabric, and finished home textiles with thread counts of up to 1,400.<ref name="tm2022" /> The company launched the [[Astara (brand)|Astara]] brand for the Indian market and opened a retail outlet in Vijayawada.<ref name="tm2022" /><ref name="archive-astara" /> | MSIL's products span 100% cotton and blended yarns, greige and finished fabric, and finished home textiles with thread counts of up to 1,400.<ref name="tm2022" /> The company launched the [[Astara (brand)|Astara]] brand for the Indian market and opened a retail outlet in Vijayawada.<ref name="tm2022" /><ref name="archive-astara" /> | ||
== Finances == | |||
The company is an unlisted public limited company. In 2022 it announced a target of ₹2,000 crore turnover by 2025, together with plans for an [[wikipedia:Initial public offering|initial public offering]].<ref name="tm2022jan" /> | |||
{| class="wikitable" style="text-align:right" | |||
|+ Consolidated results (₹ crore)<ref name="care2023" /><ref name="care2025" /> | |||
! Financial year !! Total operating income !! PBILDT !! Profit after tax | |||
|- | |||
| style="text-align:left" | 2020–21 || 679.46 || 116.27 || 3.76 | |||
|- | |||
| style="text-align:left" | 2021–22 || 1,072.81 || 198.36 || 45.30 | |||
|- | |||
| style="text-align:left" | 2022–23 || 1,073.65 || 90.19 || 12.17 | |||
|- | |||
| style="text-align:left" | 2023–24 || 905.30 || 161.28 || 40.93 | |||
|} | |||
Revenue fell in 2023–24 while margins improved, as cotton prices stabilised.<ref name="care2025" /><ref name="infomerics2024" /> The company has four wholly owned subsidiaries: Mohan International Inc., a marketing office for export orders from the United States; Mohan Mercantile India; Mohan Dwellings; and Mohan Renewable Energy India. MSIL itself accounts for about 99% of group revenue.<ref name="care2023" /> | |||
== Markets == | == Markets == | ||
| Line 81: | Line 101: | ||
== Certifications == | == Certifications == | ||
{{Main|Certifications of Mohan Spintex}} | {{Main|Certifications of Mohan Spintex}} | ||
The company holds certifications covering quality, environmental and occupational safety management ([[wikipedia:ISO 9001|ISO 9001]], [[wikipedia:ISO 14001|ISO 14001]], [[wikipedia:ISO 45001|ISO 45001]]); organic, recycled and sustainable fibre content ( | The company holds certifications covering quality, environmental and occupational safety management ([[wikipedia:ISO 9001|ISO 9001]], [[wikipedia:ISO 14001|ISO 14001]], [[wikipedia:ISO 45001|ISO 45001]]); organic, recycled and sustainable fibre content (GOTS, GRS, [[wikipedia:Better Cotton Initiative|BCI]]); product safety ([[wikipedia:Oeko-Tex|OEKO-TEX]] Standard 100, MADE IN GREEN); and social compliance ([[wikipedia:Worldwide Responsible Accredited Production|WRAP]], Sedex/SMETA).<ref name="tmlegacy" /><ref name="tm2022" /> | ||
== Sustainability == | == Sustainability == | ||
| Line 100: | Line 120: | ||
| [[V. Sudhakar Chowdary]] || Founder and Managing Director<ref name="tm2022" /> | | [[V. Sudhakar Chowdary]] || Founder and Managing Director<ref name="tm2022" /> | ||
|- | |- | ||
| Gottimukkala Ravi Kumar || Whole-Time Director<ref name="tmlegacy" /> | | [[Gottimukkala Ravi Kumar]] || Whole-Time Director<ref name="tmlegacy" /> | ||
|- | |- | ||
| Yantrapragada Subba Rao || Overseas Director<ref name="tmlegacy" /> | | Yantrapragada Subba Rao || Overseas Director<ref name="tmlegacy" /> | ||
| Line 106: | Line 126: | ||
| Venigalla Leela Krishna || President – Operations<ref name="tmlegacy" /> | | Venigalla Leela Krishna || President – Operations<ref name="tmlegacy" /> | ||
|} | |} | ||
The founder's children, V. Suhruth Chowdary and Keyura, are directors and represent the company's next generation of leadership.<ref name="tmlegacy" /> | |||
== Workforce == | |||
{{Main|Workplace culture at Mohan Spintex}} | |||
[[File:Sankranthi celebrations at MSIL, 2016.jpg|thumb|right|Sankranthi celebrations for employees, 2016]] | |||
The company employed about 2,800 people in 2017 and more than 5,500 by 2026; in 2022, 45% of its workforce were women.<ref name="tm2017" /><ref name="tm2022" /><ref name="tmlegacy" /> Employee welfare measures include free transport for staff living within about 30 km of the units and a subsidised canteen.<ref name="tm2017" /> | |||
{{clear}} | |||
== In the media == | |||
{{Main|Mohan Spintex in the media}} | |||
''The Textile Magazine'' ran a cover story on the company in February 2017, calling it "India's fastest growing textile manufacturer", and profiled it again in its Heimtextil 2026 special edition.<ref name="tm2017" /><ref name="tmlegacy" /> | |||
== Headquarters == | == Headquarters == | ||
[[File:MSIL Corporate Office, Vijayawada.jpg|thumb|right|The corporate office in Gunadala, Vijayawada]] | [[File:MSIL Corporate Office, Vijayawada.jpg|thumb|right|The corporate office in Gunadala, Vijayawada]] | ||
The corporate office is at Eluru Road, | The corporate office is at Eluru Road, Gunadala, Vijayawada; the registered office is at Puliparti Vari Street, Vijayawada.<ref name="msilhome" /><ref name="zauba" /> A foundation ceremony (''bhoomi puja'') for a new corporate office was held in 2026.<ref name="archive-corpoffice" /> | ||
{{clear}} | {{clear}} | ||
| Line 120: | Line 151: | ||
== References == | == References == | ||
{{Reflist|refs= | {{Reflist|refs= | ||
<ref name="tm2017">{{Ref tm2017}}</ref> | |||
<ref name="suessen2017">{{Ref suessen2017}}</ref> | |||
<ref name="care2023">{{Ref care2023}}</ref> | |||
<ref name="care2025">{{Ref care2025}}</ref> | |||
<ref name="infomerics2024">{{Ref infomerics2024}}</ref> | |||
<ref name="tm2022jan">{{Ref tm2022jan}}</ref> | |||
<ref name="zauba">{{Cite web |title=Mohan Spintex India Limited |url=https://www.zaubacorp.com/MOHAN-SPINTEX-INDIA-LIMITED-U18100AP2005PLC046188 |website=ZaubaCorp |publisher=Ministry of Corporate Affairs records |access-date=16 September 2026}}</ref> | <ref name="zauba">{{Cite web |title=Mohan Spintex India Limited |url=https://www.zaubacorp.com/MOHAN-SPINTEX-INDIA-LIMITED-U18100AP2005PLC046188 |website=ZaubaCorp |publisher=Ministry of Corporate Affairs records |access-date=16 September 2026}}</ref> | ||
<ref name="msilabout">{{Cite web |title=About Us |url=https://www.mohanspintex.com/about-us |website=Mohan Spintex India Limited |access-date=16 September 2026}}</ref> | <ref name="msilabout">{{Cite web |title=About Us |url=https://www.mohanspintex.com/about-us |website=Mohan Spintex India Limited |access-date=16 September 2026}}</ref> | ||
<ref name="msilhome">{{Cite web |title=Mohan Spintex India Limited (MSIL) |url=https://www.mohanspintex.com/ |website=mohanspintex.com |access-date=16 September 2026}}</ref> | <ref name="msilhome">{{Cite web |title=Mohan Spintex India Limited (MSIL) |url=https://www.mohanspintex.com/ |website=mohanspintex.com |access-date=16 September 2026}}</ref> | ||
<ref name="tm2022">{{ | <ref name="tm2022">{{Ref tm2022}}</ref> | ||
<ref name="tmlegacy">{{ | <ref name="tmlegacy">{{Ref tmlegacy}}</ref> | ||
<ref name="archive-chairman">{{Cite archive |album=Leadership and Teams: Chairman |album_id=245 |access-date=16 September 2026}}</ref> | <ref name="archive-chairman">{{Cite archive |album=Leadership and Teams: Chairman |album_id=245 |access-date=16 September 2026}}</ref> | ||
<ref name="archive-u1p2">{{Cite archive |album=Phase II Bhoomi Puja, Unit 1, 2007 |album_id=225 |access-date=16 September 2026}}</ref> | <ref name="archive-u1p2">{{Cite archive |album=Phase II Bhoomi Puja, Unit 1, 2007 |album_id=225 |access-date=16 September 2026}}</ref> | ||
| Line 148: | Line 184: | ||
[[Category:Companies based in Vijayawada]] | [[Category:Companies based in Vijayawada]] | ||
[[Category:Indian companies established in 2005]] | [[Category:Indian companies established in 2005]] | ||
[[te:మోహన్ స్పింటెక్స్ ఇండియా లిమిటెడ్]] | |||
Latest revision as of 03:48, 17 September 2026
 | |
| Company type | Public limited company (unlisted) |
|---|---|
| Industry | Textiles |
| Founded | 11 May 2005[1] |
| Founder |
V. Sudhakar Chowdary Vallabhaneni Mohan Rao (promoter)[2] |
| Headquarters | Vijayawada, Andhra Pradesh, India |
| Number of locations | 4 manufacturing units: Vattigudipadu, Remalle (2) and Mallavalli[2] |
| Area served | Worldwide |
| Key people |
Vallabhaneni Mohan Rao (Chairman) V. Sudhakar Chowdary (Managing Director) |
| Products | Yarn, greige and finished fabric, home textiles |
| Services | Cut, make and trim |
| Brands | Astara |
| Production output | 2,500+ tonnes of yarn per month[3] |
| Revenue | ₹905 crore (FY 2023–24)[4] |
| Net income | ₹41 crore (FY 2023–24)[4] |
| Number of employees | ~5,500–6,000[5][3] |
| CIN | U18100AP2005PLC046188 |
| Subsidiaries |
Mohan International Inc. (US) Mohan Mercantile India Pvt. Ltd. Mohan Dwellings Pvt. Ltd. Mohan Renewable Energy India Pvt. Ltd.[6] |
| Website | mohanspintex.com |
Mohan Spintex India Limited (MSIL) is an Indian vertically integrated textile manufacturer headquartered in Vijayawada, Andhra Pradesh. Founded in 2005 by V. Sudhakar Chowdary and promoted with his father, Vallabhaneni Mohan Rao, the company spins yarn, weaves and processes fabric, and makes finished home textiles such as sheet sets, duvet covers and quilts, all within its own facilities.[7][8]
MSIL began commercial production in October 2006 with 14,400 spindles at Unit 1 in Vattigudipadu, and has since expanded to 1,21,488 spindles, 6,272 rotors, 4,800 TFO drums and 324 air-jet looms across several units in Krishna district.[8][3] Trade press describes it as the second-largest textile company in Andhra Pradesh.[8]
The company supplies domestic manufacturers including Welspun, Himatsingka, Indo Count and Mafatlal, exports to more than 22 countries, and sells home textiles in India under its own brand, Astara.[3][8] Its chairman is Vallabhaneni Mohan Rao.[9]
History
The company was founded by V. Sudhakar Chowdary, who had previously run his family's fertiliser distribution business; he dates its start to 7 April 2005.[10] It was incorporated on 11 May 2005 as a public limited company registered in Vijayawada.[1] Commercial production began in October 2006 at Unit 1 in Vattigudipadu, then a single spinning mill with 14,400 spindles.[8]
The company expanded in stages. Foundation stones were laid for a second phase at Unit 1 in 2007,[11] for Unit 2 in 2009,[12] and for Unit 3 in 2013;[13] Unit 2 was inaugurated in 2012.[14] A unit at Mallavalli was inaugurated in 2019.[15] By 2017 it had more than 125,000 spindles and 125 air-jet looms, about 2,800 employees and exports of close to half its output.[10][16] Between 2018 and 2020 the company invested ₹400 crore in expansion.[8]
Over the same period MSIL moved beyond yarn into weaving, fabric processing and finished home textiles, completing its integration from fibre to finished product.[7]
Operations
MSIL runs four production stages in sequence, each able to sell its output externally as well as supply the next stage.[7]
| Stage | Capacity | Output |
|---|---|---|
| Spinning | 1,21,488 spindles; 6,272 rotors; 4,800 TFO drums | 2,500+ tonnes of yarn per month |
| Weaving | 324 air-jet looms | 15,00,000 metres of fabric per month |
| Processing | Continuous processing ranges | ~1,00,000 metres per day |
| Home textiles | Cut, make and trim | ~15,000 sheets per shift |
Figures as published by the company.[3]
Spinning
The spinning operation, where MSIL began, produces compact, combed, carded, blended, open-end and plied yarns. In 2022 its ring spindles were reported to be entirely compact spinning.[8]
Weaving
Weaving uses 324 Picanol air-jet looms to produce greige fabric in constructions including percale, sateen, twill, dobby and jacquard.[8]
Processing
Fabric is bleached, dyed, printed and finished on continuous ranges with a capacity of about 1,00,000 metres per day. Process water is treated in a zero liquid discharge–oriented plant.[5]
Home textiles
The make-up operation cuts, stitches and packs sheets, pillowcases, duvet covers and quilts, and also offers cut, make and trim as a service.[3]
Products and brands
MSIL's products span 100% cotton and blended yarns, greige and finished fabric, and finished home textiles with thread counts of up to 1,400.[8] The company launched the Astara brand for the Indian market and opened a retail outlet in Vijayawada.[8][17]
Finances
The company is an unlisted public limited company. In 2022 it announced a target of ₹2,000 crore turnover by 2025, together with plans for an initial public offering.[18]
| Financial year | Total operating income | PBILDT | Profit after tax |
|---|---|---|---|
| 2020–21 | 679.46 | 116.27 | 3.76 |
| 2021–22 | 1,072.81 | 198.36 | 45.30 |
| 2022–23 | 1,073.65 | 90.19 | 12.17 |
| 2023–24 | 905.30 | 161.28 | 40.93 |
Revenue fell in 2023–24 while margins improved, as cotton prices stabilised.[4][2] The company has four wholly owned subsidiaries: Mohan International Inc., a marketing office for export orders from the United States; Mohan Mercantile India; Mohan Dwellings; and Mohan Renewable Energy India. MSIL itself accounts for about 99% of group revenue.[6]
Markets
In the 2021–22 financial year about 80% of sales were domestic and 20% were exports, to more than 22 countries including the United States, Canada, European countries, Australia, Bangladesh and China.[8]
Certifications
The company holds certifications covering quality, environmental and occupational safety management (ISO 9001, ISO 14001, ISO 45001); organic, recycled and sustainable fibre content (GOTS, GRS, BCI); product safety (OEKO-TEX Standard 100, MADE IN GREEN); and social compliance (WRAP, Sedex/SMETA).[5][8]
Sustainability
MSIL generates electricity from 10.8 MW of rooftop solar panels and has replaced coal with rice husk in steam generation, which the company says avoids a combined 67,740 tonnes of carbon dioxide each year. Its effluent plant recovers 98% of process water, and it maintains 20 million litres of rainwater harvesting capacity.[5] A solar power project at Unit 2 was inaugurated in 2022.[19]
Corporate social responsibility
The company's community work has included books for government schools (2012), sewing machine distribution for women (2015), a drinking-water RO plant (2018), health camps (2018) and the opening of Mohan's Sri Vijnana Vihara School in 2025.[20]
Leadership
| Name | Position |
|---|---|
| Vallabhaneni Mohan Rao | Chairman[9] |
| V. Sudhakar Chowdary | Founder and Managing Director[8] |
| Gottimukkala Ravi Kumar | Whole-Time Director[5] |
| Yantrapragada Subba Rao | Overseas Director[5] |
| Venigalla Leela Krishna | President – Operations[5] |
The founder's children, V. Suhruth Chowdary and Keyura, are directors and represent the company's next generation of leadership.[5]
Workforce
The company employed about 2,800 people in 2017 and more than 5,500 by 2026; in 2022, 45% of its workforce were women.[10][8][5] Employee welfare measures include free transport for staff living within about 30 km of the units and a subsidised canteen.[10]
In the media
The Textile Magazine ran a cover story on the company in February 2017, calling it "India's fastest growing textile manufacturer", and profiled it again in its Heimtextil 2026 special edition.[10][5]
Headquarters
The corporate office is at Eluru Road, Gunadala, Vijayawada; the registered office is at Puliparti Vari Street, Vijayawada.[3][1] A foundation ceremony (bhoomi puja) for a new corporate office was held in 2026.[21]
See also
- History of Mohan Spintex India Limited
- Manufacturing units of Mohan Spintex
- Glossary of textile manufacturing terms
- Textile industry in India
References
- ↑ 1.0 1.1 1.2 "Mohan Spintex India Limited". ZaubaCorp. Ministry of Corporate Affairs records. Retrieved 16 September 2026.
- ↑ 2.0 2.1 2.2 (30 July 2024). "Mohan Spintex India Limited: Ratings". Infomerics Valuation and Rating. Retrieved 16 September 2026.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 "Mohan Spintex India Limited (MSIL)". mohanspintex.com. Retrieved 16 September 2026.
- ↑ 4.0 4.1 4.2 4.3 (9 April 2025). "Press Release: Mohan Spintex India Limited (Revised)". CARE Ratings. Retrieved 16 September 2026.
- ↑ 5.00 5.01 5.02 5.03 5.04 5.05 5.06 5.07 5.08 5.09 Gopalakrishnan, K. (January 2026). "Mohan Spintex India: Threads of Legacy, Sustainability and a Future-Ready Vision". The Textile Magazine. Heimtextil 2026 special edition. pp. 46–48. – via MSIL Digital Archive. Retrieved 16 September 2026.
- ↑ 6.0 6.1 6.2 (16 February 2023). "Press Release: Mohan Spintex India Limited". CARE Ratings. Retrieved 16 September 2026.
- ↑ 7.0 7.1 7.2 "About Us". Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ 8.00 8.01 8.02 8.03 8.04 8.05 8.06 8.07 8.08 8.09 8.10 8.11 8.12 8.13 (21 June 2022). "Mohan Spintex – India's fastest growing textile manufacturer". The Textile Magazine. Retrieved 16 September 2026.
- ↑ 9.0 9.1 "Leadership and Teams: Chairman". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ 10.0 10.1 10.2 10.3 10.4 Gopalakrishnan, K.; Prabhakar, M. K. (February 2017). "Mohan Spintex: India's fastest growing textile manufacturer". The Textile Magazine. Vol. 58 no. 4. pp. 50–58. – via MSIL Digital Archive. Retrieved 16 September 2026.
- ↑ "Phase II Bhoomi Puja, Unit 1, 2007". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "Bhoomi Puja, Unit 2, 2009". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "Bhoomi Puja, Unit 3, 2013". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "Inauguration of Unit 2, 2012". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "Mallavalli Inauguration, 2019". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ Stahlecker, Peter (February 2017). "Suessen all praise for Mohan Spintex". The Textile Magazine. Vol. 58 no. 4. pp. 56. – via MSIL Digital Archive. Retrieved 16 September 2026.
- ↑ "Astara: Grand Opening, Vijayawada Outlet". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ (5 January 2022). "Mohan Spintex: India's fastest growing textile company". The Textile Magazine. Retrieved 16 September 2026.
- ↑ "Solar Power Project Inauguration, Unit 2, 2022". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "CSR and Social Responsibility". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "MSIL Corporate Office Bhoomi Puja, 2026". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.