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 | ||
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{{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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| [[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" /> | ||
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| Venigalla Leela Krishna || President – Operations<ref name="tmlegacy" /> | | Venigalla Leela Krishna || President – Operations<ref name="tmlegacy" /> | ||
|} | |} | ||
The founder's children, Suhruth 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 == | ||
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== References == | == References == | ||
{{Reflist|refs= | {{Reflist|refs= | ||
<ref name="tm2017">{{Ref tm2017}}</ref> | |||
<ref name="suessen2017">{{Ref suessen2017}}</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="tracxn">{{Cite web |title=Mohan Spintex India Limited – Company Profile & Financials |url=https://tracxn.com/d/legal-entities/india/mohan-spintex-india-limited/__FBHN9MEdb5C2KISROyMlvlDm3vBE8o4jg1euFoy6nrc |website=Tracxn |access-date=16 September 2026}}</ref> | <ref name="tracxn">{{Cite web |title=Mohan Spintex India Limited – Company Profile & Financials |url=https://tracxn.com/d/legal-entities/india/mohan-spintex-india-limited/__FBHN9MEdb5C2KISROyMlvlDm3vBE8o4jg1euFoy6nrc |website=Tracxn |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> | ||