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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 ==
Line 18: Line 32:


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>

Latest revision as of 03:19, 17 September 2026

Mohan Spintex India Limited (MSIL) sells yarn, fabric and home textiles to customers in India and exports to more than 22 countries.[1] In the 2021–22 financial year about 80% of its sales were domestic and 20% were exports.[1]

Customers named by rating agencies

In 2024 Infomerics named the following among the company's long-standing customers:[2]

Domestic International
Lux Industries Hometex Inc.
L S Mills Revival New York
NMK Textile Mills India Welspun USA
IKEA

Domestic customers

The company names leading Indian textile manufacturers among its domestic customers, including:[3]

  • Welspun – one of the world's largest home-textile manufacturers
  • Himatsingka – an integrated home-textile group
  • Indo Count – a major bed-linen exporter
  • Mafatlal – one of India's oldest textile groups

Several of these customers are themselves large exporters, and they audit their suppliers against the standards their own international customers require.

Exports

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 Bangladesh, Pakistan, China and Europe.[4] The Managing Director attributed the company's competitive edge to "value addition in terms of quality, consistent supply and committed delivery".[4]

In 2022 the company reported exports to more than 22 countries, including the United States, Canada, European countries, Australia, Bangladesh and China.[1]

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".[5]

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.[6][2] A wholly owned subsidiary in the United States, Mohan International Inc., acts as the company's marketing office for American export orders.[6]

The company exhibits at 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).[5][7]

International buyers have visited or audited MSIL's facilities, including IKEA (an audit in 2022 and a team visit in 2023) and the Italian linen maker Frette (2022).[8][9][10]

What is sold

Product Typical buyer
Yarn Weavers, knitters and fabric manufacturers
Greige fabric Processing houses
Finished fabric Garment and home-textile makers
Home textiles Home-textile brands and retailers
Cut, make and trim Brands with their own designs
✎
This article is awaiting information from Sales. Content has deliberately not been guessed. Current customer list, country-wise export shares and revenue by product are not stated in published sources. Customer names should not be used in marketing without the customer's permission.

References

  1. ↑ 1.0 1.1 1.2 (21 June 2022). "Mohan Spintex – India's fastest growing textile manufacturer". The Textile Magazine. Retrieved 16 September 2026.
  2. ↑ 2.0 2.1 (30 July 2024). "Mohan Spintex India Limited: Ratings". Infomerics Valuation and Rating. Retrieved 16 September 2026.
  3. ↑ "Mohan Spintex India Limited (MSIL)". mohanspintex.com. Retrieved 16 September 2026.
  4. ↑ 4.0 4.1 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.
  5. ↑ 5.0 5.1 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. ↑ 6.0 6.1 (16 February 2023). "Press Release: Mohan Spintex India Limited". CARE Ratings. Retrieved 16 September 2026.
  7. ↑ "Mohan Spintex India Limited: Exhibitor, Heimtextil 2027". Messe Frankfurt. Retrieved 16 September 2026.
  8. ↑ "IKEA Audit, 2022". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
  9. ↑ "IKEA Team Visit, 2023". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
  10. ↑ "Plant Visit: Frette, Italy, 2022". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
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