Customers and exports of Mohan Spintex: Difference between revisions
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{{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" /> | ||
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== Exports == | == Exports == | ||
[[File:IKEA team visit to MSIL, 2023.jpg|thumb|right|A visiting IKEA team in an MSIL production hall, May 2023]] | |||
Exports were important from the start. The company says it sold in the domestic market first and then overseas, and by 2017 it was exporting close to 50% of its output, to countries including [[wikipedia:Bangladesh|Bangladesh]], [[wikipedia:Pakistan|Pakistan]], [[wikipedia:China|China]] and Europe.<ref name="tm2017">{{Ref tm2017}}</ref> The Managing Director attributed the company's competitive edge to "value addition in terms of quality, consistent supply and committed delivery".<ref name="tm2017" /> | |||
In 2022 the company reported exports to more than 22 countries, including the [[wikipedia:United States|United States]], [[wikipedia:Canada|Canada]], European countries, [[wikipedia:Australia|Australia]], [[wikipedia:Bangladesh|Bangladesh]] and [[wikipedia:China|China]].<ref name="tm2022" /> | In 2022 the company reported exports to more than 22 countries, including the [[wikipedia:United States|United States]], [[wikipedia:Canada|Canada]], European countries, [[wikipedia:Australia|Australia]], [[wikipedia:Bangladesh|Bangladesh]] and [[wikipedia:China|China]].<ref name="tm2022" /> | ||
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> | |||
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> | ||