India's Gimatex opens 2 manufacturing units; launches Minus One brand - Fibre2Fashion

2022-05-13 03:53:51 By : Mr. Yozzi Baby

Various Dignitaries from across India and abroad graced the occasion. Sanjay Jayavarthanavelu, chairman of Lakshmi Machine Works was the chief guest and Ajay Arora, MD of D’Decor, was the guest of honour. Other prominent personalities include Kishanji Poddar (Siyarams), Hisahiro Koketsu (MD, Toyota), Pankaj Sarda (Jt. MD, Sarda Energy & Minerals), Manish Kumar, Anil Jain, Aditya Jain and Masayuki Yamamoto among many others.

Gimatex’s first manufacturing facility in Wani started operations in 1997 and has entered a period of constant expansions and rapid growth. The new Open End Unit at Wani adds yarn manufacturing capability to manufacture recycled fibre based fabrics. At Hinganghat Integrated Textile Park, the new spinning facility adds further 32,000 spindles to the existing capacity of 1,68,000 spindles. Combined, these new units also contribute to tremendous employment in the local region to the tune of additional 500 people.

“The dedication, integrity and passion with which all the family members have served the company has led to the 6th generation of the Mohota family to continue in the same business,” the company said in a media release.

Gimatex has always focused on value addition in the cotton sector. By launching Minus One Gimatex has completed an integration from cotton fibres to fashion segment and added tremendous value to the cotton lifecycle. Moreover, by using only Vidharbha cotton in the products, Gimatex is supporting the local farmers and alleviating the difficulties faced by them in recent times. Previously, Gimatex had installed a scientific cotton seed processing unit to add value to the Cotton chain, and with Minus One it has extended this philosophy further.

On this occasion, Gimatex has made a commitment of contributing ₹25 per piece sale of Minus One Apparel and ₹100 per quintal sale on Gima Whitegold cotton seed refined oil. This contribution will be used for welfare of the cotton farming community.

Additionally, to mark the celebrations of the milestone year, Gimatex has taken over the maintenance and upkeep of the main squares, fountains and decorative lightings of Hinganghat Town, from Subhash Chowk to Tukdoji Chow. It also felicitated 18 staff members who have served it for more than 35 years in a short programme at the Club House.

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