The company is now on the path to thread together sustainable innovations while continuing to deliver high-quality products from its state-of-the-art plants
“As CTIL enters its 125th year, we continue to build on the strong foundations laid by our former chairman and my grandfather, B K Birla. Over the past couple of years, we have become increasingly focused on innovation, customer-centricity and sustainability. Going forward, we will be harnessing these as our core strengths to stay ahead of the curve.
– Kumar Mangalam Birla, Chairman
The year 2022 marks the 125th year of Century Textiles and Industries Limited’s (CTIL) exciting journey. During this time, it has seen its fair share of economic challenges and achievements, all of which have been inspiring and fulfilling at the same time. Over the decades, CTIL has built an institution that has emerged stronger, every time, enabled by its values.
Century Textiles and Industries was incorporated 125 years back in 1897 and has steadfastly evolved with the changing dynamics. Being a market leader in the textile industry, CTIL has been catering to both the domestic and international apparels as well as luxury garments makers. The company produces customised and premium textiles from its state-of-the-art vertically integrated manufacturing facility in Jhagadia, Gujarat. CTIL’s consistent growth is driven by its pioneering innovation, expert sustainable operations and high-quality products.
“We recognise the importance of embracing the rapid changes in technology and optimising it to create everlasting value. The continued growth and stability of Century Textiles and Industries Ltd. has been achieved through persistent innovation that carves out a better future for all our stakeholders. Top-of-the-line contemporary equipment, world-class processes and consistent digitisation ensures that we embed technological innovation across all our businesses – textiles, real estate and pulp and paper. Being future-ready in all the businesses we cater to is important for us,” Birla adds.
Driving the Future
As CTIL enters its 125th year, it becomes imperative to continue building on the strong foundation. To reiterate, over the last couple of years, the company has become increasingly focused on innovation, customer-centricity and sustainability. CTIL has a long history of innovation which, along with its guaranteed quality, has helped in building customer trust. The company has been providing its customers with customised and sustainable weave, design and texture of products.
This is supported by world-class mechanical and chemical laboratories to test fabrics and a pilot sampling facility for quick development of samples. In addition to its technology centres, the ecosystem is strengthened by collaboration with various group businesses like Birla Cellulose and Birla Copper, among others. Research centres like TRADC and ABSTC, numerous start-ups and prestigious institutes like IIT have also played a key role in the growth of the organisation.
CTIL has been persistently working on reducing its environmental footprint both in terms of process and products. The company is taking a holistic approach to reducing emission by better managing energy consumption, moving towards renewable energy, upgrading its system to reduce emissions, and planting trees to neutralise negative impacts. Waste and water management programmes are also being strategized to reduce impact. Most importantly, its research and development team is continuously working on developing products which are inherently sustainable in nature.
ESG at Core of Operations
Commenting on the company’s commitment to environmental, social and governance aspects, R K Dalmia, Senior President and Whole-Time Director, says, “Our commitment to the environment, social and governance norms is an inextricable component of how we approach business. We believe it to be of critical importance not only to society, but also for business growth. We increasingly view a strong ESG proposition as a way to deliver on customer requirements and enhance employee motivation by instilling a sense of purpose in what we do. We are working on creating an ESG strategy and setting some commanding targets for ourselves. Sustainability is no longer a choice but a key to remain relevant and make progress.”