About UNITED COTFAB Limited

United Cotfab Limited (Formerly Known as the United Cotfab LLP and United Cotfab Private Limited) operating since 2015 in the Textile Industry in Ahmedabad, Gujarat. They are engaged in the manufacturing of high-quality open end yarn, catering to the textile industry. With a strong focus on innovation, quality, and customer satisfaction, they have established themselves as a trusted name in the market. Their state-of-the-art manufacturing facility and dedicated team ensure that they deliver exceptional products to meet the diverse needs of their clients. 

Their vision is to be recognized as a preferred supplier of open end yarn, known for their commitment to excellence, sustainable practices, and customer-centric approach. They strive to contribute to the growth and success of their clients by providing them with reliable and superior-quality products.

The company have over 25 years of working experience and have sold over 50 of their products to more than 325 trusted & satisfied clients. Notable trusted clients are as follows, Jindal, Anubha, aarbhee, Pratap Group, JRD Denims Ltd., Sangam & E-LAND APPAREL.

TEXTILE SECTOR IN INDIAN INDUSTRY

▪ India is the world’s second-largest producer of textiles and garments. India is the world's 3rd largest exporter of Textiles and Apparel.
▪ The textiles and apparel industry contributes 2.3% to the country’s GDP, 13% to industrial production and 12% to exports.
▪ The textile industry has around 45 million workers employed in the textiles sector, including 3.5 million handloom workers.
▪ India’s textile and apparel exports (including handicrafts) stood at US$ 44.4 billion in FY22, a 41% increase YoY and Total textile exports are expected to reach US$ 65 billion by FY26.
▪ The Indian textile and apparel industry is expected to grow at 10% CAGR from 2019-20 to reach US$ 190 billion by 2025-26.
▪ The Rs. 10,683 crore (US$ 1.44 billion) PLI scheme is expected to be a major boost for textile manufacturers. The scheme proposes to incentivise MMF (man-made fibre) apparel, MMF fabrics and 10 segments of technical textiles products.
▪ Mr. Piyush Goyal discussed the roadmap to achieve the target of US$ 250 billion in textiles production and US$ 100 billion in exports by 2030.

UNITED COTFAB LIMITED STRENGTHS & STRATEGIES

1. Cost Effective Manufacturing Process
2. Entering into new geographies
3. Maintaining strong relationship with customers
4. Optimum Utilization of Resources
5. Experienced Promoters
6. Location advantage of our manufacturing facility
7. Scalable Business Model

UNITED COTFAB LIMITED RISK FACTORS & CONCERNS

1. Company's revenues are highly dependent on their operations in geographical region of state of Gujarat & Maharashtra.
2. The Company is dependent and will continue to depend on their manufacturing facilities.
3. Company requires deployment of labour and depend on availability of labour.
4. The Comapny may face foreign exchange risks that could adversely affect their results of operations and cash flows.
5. Any future issuance of their Equity Shares may dilute prospective investors’ shareholding, and sales of their Equity Shares by their major shareholders.
6. Company's lenders have charge over their movable and immovable properties in respect of finance availed by them.