ALPHA TRIBE

A B Cotspin India LimitedUpdates, 10-02-2025: Press Release

10-02-2025 | 10:19 am

A B Cotspin India Ltd. has secured a significant order of 500 MT for Cotton Yarn, valued at approximately ₹15 crore. This development reinforces the company’s reputation as a reliable supplier in the textile industry, with an increasing demand for high-quality, eco-friendly products. The recent Union Budget emphasizes strengthening India's textile sector, which is expected to create opportunities for export and domestic manufacturing, particularly in light of ongoing political challenges in neighboring Bangladesh that encourage global retailers to seek alternatives.

The managing director, Mr. Deepak Garg, expressed optimism about this order, noting expected turnover of around ₹350 crore and EBITDA between ₹50-55 crore for FY 2025-26. A B Cotspin's commitment to sustainability and innovation positions it well for long-term growth in emerging market opportunities. Positive outlook for the company as it navigates the changing dynamics of the textile industry with a robust client base, including partnerships with major international brands.

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