A B Cotspin India Ltd (NSE: ABCOTS), a prominent textile manufacturer, has achieved a significant milestone by securing a 500 MT order for Cotton Yarn valued at approximately ₹15 crore. This order solidifies the company's reputation as a trusted supplier of high-quality cotton yarn and eco-friendly textile solutions, positioning it for continued growth in both domestic and international markets.

The order is a major step in AB Cotspin’s growth journey, underscoring the rising demand for cotton yarn amidst the government's strategic reforms aimed at boosting India’s textile and manufacturing sectors. The company’s commitment to sustainability and resource optimization through advanced recycling practices and the use of renewable energy aligns with the global shift towards eco-friendly production methods.

Government Support for India's Textile Sector

India’s Union Budget 2025-26 focuses on strengthening the textile, MSME, and manufacturing sectors, with targeted interventions such as the Mission for Cotton Productivity, duty restructuring, and enhanced credit support for MSMEs. Additionally, the Export Promotion Mission and incentives for technical textiles and leather reinforce India’s goal to establish itself as a global manufacturing hub. These efforts are expected to drive growth, enhance value addition, and provide a competitive edge on the world stage.

India’s textile industry is also benefiting from political instability in neighboring Bangladesh, prompting global buyers to look to India as an alternative supplier. With government incentives, including potential increases in production-linked incentives for the textile sector, AB Cotspin India is well-positioned to leverage these reforms for expansion.

Managing Director's Comment on the Milestone

Mr. Deepak Garg, Managing Director of AB Cotspin India, expressed his satisfaction with the 500 MT Cotton Yarn order:

"We are delighted to announce this milestone order of 500 metric tons valued at around ₹15 crore for Cotton Yarn, which underscores the growing demand for our high-quality cotton yarn and eco-friendly textile solutions. This achievement not only strengthens our position in domestic and international markets but also significantly contributes to increasing our sales and profitability. At the core of our operations is a steadfast commitment to sustainability and innovation."

The company is targeting a turnover of ₹350 crore and EBITDA between ₹50-55 crore for the fiscal year 2025-26.

Esteemed Clientele and Ongoing Partnerships

A B Cotspin has built strong, long-term partnerships with several prestigious clients in both domestic and international markets, including:

• M/s SPL Faridabad, suppliers to prominent US buyers such as Walmart, JC Penney, Nautica, and Target.
• M/s Jawandsons Ludhiana, manufacturers of house furnishings and baby garments for IKEA.
• M/s Parmeshwari Silks Mills Ltd, leading manufacturers of ladies’ suits.
• M/s C Mohan International Ludhiana, M/s Kuddu Knitwear Ludhiana, M/s Trident Group Barnala, Dass Fabrics Ludhiana, Sunny Textiles Panipat.

These partnerships highlight AB Cotspin’s growing presence in key international markets, particularly in North America and Europe.

Forward-Looking Plans and Commitment to Sustainability

The company's long-term vision includes scaling up its operations and expanding its product offerings, while continuing its commitment to environmental sustainability. AB Cotspin’s focus on innovation, resource optimization, and green manufacturing practices ensures that the company stays ahead of the curve in the competitive global textile market.

Disclaimer

The company’s forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially. These statements are based on current market conditions, government policies, and business developments, and AB Cotspin India undertakes no obligation to publicly update these statements following any subsequent changes in circumstances.

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