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Indo Count Industries' spinning division declares lock out

16 Jul 2011 Evaluate

Indo Count Industries' spinning division situated at D-1, Gokulshirgaon, MIDC Industrial Area, Dist. Kolhapur 416 234, has been declared lock out.

Indo Count’s plant capacity has made a quantum jump from a moderate 12,096 spindles in 1991 to the present 56,448 spindles and has also diversified into Dyed Yarns, Corespun Yarns and Knitted Fabrics. All this has been achieved against a back drop of worldwide recessionary pressures.

Indo Count’s customer base has widely expanded and it has carved a brand presence in all the major markets like UK, Italy, Germany, Switzerland, Scandinavia, Israel, Canada, Chile, Japan and South Korea which are some of the many. Indo Count yarn is known as 'Rieter Yarn', a status which was conferred by Rieter Machine Works.

Peers
Company Name CMP
Vardhman Textiles 577.60
Welspun Living 214.65
Arvind 552.40
Raymond Lifestyle 648.00
K.P.R. Mill 1141.30
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