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Mohit Industries plans to increase yarn capacity by 50% within next 4 months

07 Feb 2017 Evaluate

Mohit Industries is planning to increase its yarn capacity by 50% within next 4 months. The company has completed the construction of approximately 60,000 square feet of building at Kim, Gujarat and has started putting more machines to increase capacity.

The company’s last financial year’s export stood at Rs 57 crore and it has already achieved export sales of Rs 63 crore this financial year with 2 months to go. The company has good export orders and thus plans to close the financial year 2016-17 with export turnover in excess of Rs 75 crore, which will be jump of more than 30% compared to last year.

Mohit Industries is one of the top notch manufacturers of fabrics & texturised yarn in the nation. It has recently diversified into the construction materials industry in adherence to its long term vision and goals.



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