History of Mohan Spintex India Limited
The history of Mohan Spintex India Limited (MSIL) spans two decades, from a single spinning mill that began production in 2006 to a vertically integrated textile group with spinning, weaving, processing and home-textile operations across several sites in Krishna district, Andhra Pradesh.
Founding (2005–2006)
The company was founded by V. Sudhakar Chowdary and 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, with 14,400 spindles.[2]
Expansion of spinning (2007–2013)
A second phase at Unit 1 began with a foundation ceremony (bhoomi puja) in 2007.[3] Work on a second unit began in 2009,[4] and Unit 2 at Remalle was inaugurated in 2012.[5] The foundation for Unit 3 was laid in 2013.[6]
In 2014 a machine inauguration ceremony was held for new spinning equipment.[7]
Integration and growth (2014–2022)
Over this period MSIL extended from yarn into weaving, fabric processing and finished home textiles, completing its integration from fibre to finished product.[8] A unit at Mallavalli was inaugurated in 2019.[9]
The company invested ₹400 crore between 2018 and 2020 and reported sales above ₹1,000 crore for the 2021–22 financial year, 80% domestic and 20% exported.[2] In 2022 a solar power project was inaugurated at Unit 2,[10] and the company hosted an audit by IKEA and a plant visit from the Italian linen maker Frette.[11][12]
Recent developments (2023–present)
In 2023 an IKEA team visited the company's facilities.[13] In 2025 the company opened Mohan's Sri Vijnana Vihara School,[14] and in September 2025 founder V. Sudhakar Chowdary was elected Chairman of KRIBHCO.[15]
In 2026 a foundation ceremony was held for a new corporate office;[16] the company ran its LEAD (Leadership Excellence & Development) programme;[17] and Union Textiles Minister Giriraj Singh visited the Mallavalli unit.[18]
Timeline
| Year | Event |
|---|---|
| 2005 | Company incorporated (11 May) |
| 2006 | Commercial production begins at Unit 1, Vattigudipadu, with 14,400 spindles (October) |
| 2007 | Foundation laid for Phase II at Unit 1 |
| 2009 | Foundation laid for Unit 2 |
| 2012 | Unit 2, Remalle, inaugurated |
| 2013 | Foundation laid for Unit 3 |
| 2019 | Mallavalli unit inaugurated |
| 2022 | Solar power project inaugurated at Unit 2; sales above ₹1,000 crore (FY 2021–22) |
| 2025 | Mohan's Sri Vijnana Vihara School opens; founder elected Chairman of KRIBHCO |
| 2026 | Foundation laid for new corporate office; Union Textiles Minister visits Mallavalli |
Several dates above are taken from the titles of albums in the MSIL Digital Archive. Exact dates of commissioning, and the years in which weaving, processing and home-textile production began, should be confirmed from company records.
References
- ↑ "Mohan Spintex India Limited". ZaubaCorp. Ministry of Corporate Affairs records. Retrieved 16 September 2026.
- ↑ 2.0 2.1 (21 June 2022). "Mohan Spintex – India's fastest growing textile manufacturer". The Textile Magazine. 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.
- ↑ "Inauguration of Unit 2, 2012". 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.
- ↑ "Spinning: Machine Inauguration Puja, 2014". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "About Us". Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "Mallavalli Inauguration, 2019". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "Solar Power Project Inauguration, Unit 2, 2022". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "IKEA Audit, 2022". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "Plant Visit: Frette, Italy, 2022". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "IKEA Team Visit, 2023". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "Mohan's Sri Vijnana Vihara School: Opening Ceremony, 2025". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "KRIBHCO Elects V. Sudhakar Chowdary Chairman, Dr. Chandrapal Singh Vice Chairman". Rural Voice. Retrieved 16 September 2026.
- ↑ "MSIL Corporate Office Bhoomi Puja, 2026". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "LEAD Program 2026 – Leadership Excellence & Development". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.
- ↑ "Union Textiles Minister Shri Giriraj Singh Visit to Mallavalli Unit, 2026". MSIL Digital Archive. Mohan Spintex India Limited. Retrieved 16 September 2026.