Founded in 1975, Prashant Group is one of prominent textile machine manufacturing companies with modern infrastructure in India. The Group has co-operations with leading European & American textile machine manufacturing companies, which bring edge in updated technology and enhancement in products profile.
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Anuj Bhagwati, who now heads the A.T.E. Group, joined the Group in 1994. He has been actively involved in a wide range of activities in the group: he introduced IT to the group, managed several companies, put together joint ventures, and has been a part of divestments, turnarounds, start-ups and scale-ups. In the process he has transformed A.T.E. into a modern and technology oriented group.
Anuj Bhagwati, who now heads the A.T.E. Group, joined the Group in 1994. He has been actively involved in a wide range of activities in the group: he introduced IT to the group, managed several companies, put together joint ventures, and has been a part of divestments, turnarounds, start-ups and scale-ups. In the process he has transformed A.T.E. into a modern and technology oriented group.
The current budget for 2015-16 is considered as growth oriented by various experts, but I think for textile Industry, it is not very promising budget. The Government´s vision of growing Indian textile and apparel industry to US$ 220 billion by 2020 needs more support and schemes from government. Unfortunately major demands of Industries have not been met in current budget.
It all started in the year 1975 when Prakash Shah, a man with a dream to succeed big in textile, established Prashant Group in Ahmedabad, Gujarat, with just four employees. However, in the last four decades, Prashant Group has grown on to become one of the prominent and fast growing textile machine manufacturing companies in India with more than 900 employees, and over 250 engineers.
The ITJ, in an exclusive report, presents the pulse of the industry in summarised statements about prospects in 2015 from a cross-section of industry leaders, experts and concerned authorities.
The ITJ, in an exclusive report, presents the pulse of the industry in summarised statements about prospects in 2015 from a cross-section of industry leaders, experts and concerned authorities.