V. Sudhakar Chowdary: Difference between revisions
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Under his leadership the company expanded from a single spinning mill into a [[wikipedia:Vertical integration|vertically integrated]] group covering [[Spinning division|spinning]], [[Weaving division|weaving]], [[Processing division|fabric processing]] and [[Home textiles division|home textiles]], with units at [[Manufacturing units of Mohan Spintex#Unit 2, Remalle|Remalle]] and [[Manufacturing units of Mohan Spintex#Mallavalli|Mallavalli]].<ref name="tm2022" /> By 2022 the company employed about 5,500 people, 45% of them women, and had reported sales above ₹1,000 [[wikipedia:Crore|crore]] for the 2021–22 financial year.<ref name="tm2022" /> ''The Textile Magazine'' described him as a "young and dynamic entrepreneur" who had built the company into one of India's fastest-growing textile manufacturers.<ref name="tm2022" /> | Under his leadership the company expanded from a single spinning mill into a [[wikipedia:Vertical integration|vertically integrated]] group covering [[Spinning division|spinning]], [[Weaving division|weaving]], [[Processing division|fabric processing]] and [[Home textiles division|home textiles]], with units at [[Manufacturing units of Mohan Spintex#Unit 2, Remalle|Remalle]] and [[Manufacturing units of Mohan Spintex#Mallavalli|Mallavalli]].<ref name="tm2022" /> By 2022 the company employed about 5,500 people, 45% of them women, and had reported sales above ₹1,000 [[wikipedia:Crore|crore]] for the 2021–22 financial year.<ref name="tm2022" /> ''The Textile Magazine'' described him as a "young and dynamic entrepreneur" who had built the company into one of India's fastest-growing textile manufacturers.<ref name="tm2022" /> | ||
In 2022 the company set revenue targets of ₹2,000 crore by 2025 and ₹5,000 crore by 2030, following investment of ₹400 crore between 2018 and 2020.<ref name="tm2022" /> In January 2026 ''The Textile Magazine'' reported that his children, Suhruth and Keyura, had become involved in the company as directors, marking a generational transition with emphasis on digitalisation, analytics and modern management systems.<ref name="tmlegacy" /> The magazine quoted him as saying that "Mohan Spintex was not created merely to manufacture products; it was created to build trust".<ref name="tmlegacy" /> | In 2022 the company set revenue targets of ₹2,000 crore by 2025 and ₹5,000 crore by 2030, following investment of ₹400 crore between 2018 and 2020.<ref name="tm2022" /> In January 2026 ''The Textile Magazine'' reported that his children, V. Suhruth Chowdary and Keyura, had become involved in the company as directors, marking a generational transition with emphasis on digitalisation, analytics and modern management systems.<ref name="tmlegacy" /> The magazine quoted him as saying that "Mohan Spintex was not created merely to manufacture products; it was created to build trust".<ref name="tmlegacy" /> | ||
=== Cooperative movement === | === Cooperative movement === | ||