This order highlights the company’s on-going growth and the strong trust its customers place in its high-quality products.
Textile manufacturer AB Cotspin India announced that it had secured a Rs 50.35 million order for the supply of 273 MT of cotton yarn. This order highlights the company’s on-going growth and the strong trust its customers place in its high-quality products.
Deepak Garg, the Managing Director of AB Cotspin India, expressed his satisfaction with the repeat order, emphasising that it reaffirmed the trust clients have in the company’s ability to consistently deliver exceptional quality products. He further mentioned that with an impressive order book of approximately 973 MTS valued at Rs 260.35 million, the company was well-positioned to meet future demand and continue driving growth in the textile industry.
Garg also noted that the steady stream of repeat orders not only reflected customer satisfaction but also enabled the company to confidently pursue its projected sales target of Rs 2.75-2.90 billion and an EBITDA of around Rs 320 million for the FY2024-25.
Founded in 1997, AB Cotspin India is a leading textile manufacturer based in Jaitu, Punjab. Over the past 25 years, the company has transformed from a cotton ginning unit into a fully integrated manufacturing operation, producing high-quality cotton yarn, knitted fabrics, cottonseed oil, and oil cakes.