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Mohit Industries bags order worth Rs 30 crore from Tamil Nadu Handloom Weavers

17 Jul 2012 Evaluate

Mohit Industries has secured an order from the Tamil Nadu Handloom Weavers Co-Operative Society, a Tamil Nadu Government Undertaking. The order is for supply of 25,00,000 Sarees and to be completed in the next 2 months. The total amount of the tender allocated to the company is about Rs 30 crore.

Mohit Industries (MIL) is involved in manufacturing of DTY (Drawn Textured Yarn) and grey fabric. The company’s plants are located at Kim (Surat) and Silvassa. Currently MIL has an installed capacity of 22537 MTPA for manufacturing DTY and 9.50 million metres pa for manufacturing grey fabric. The company also has a captive gas based power plant with power generation capacity of 451 KVA.

Peers
Company Name CMP
Vardhman Textiles 560.85
Welspun Living 212.00
Arvind 541.60
Raymond Lifestyle 656.20
K.P.R. Mill 1096.20
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