Amidst the brilliance of Bharat Tex 2024, India’s largest textile exhibition, the Madhusudan Group takes center stage, presenting a comprehensive textile solution that spans the entire value chain. In an insightful interview with the Textile Magazine, Shrikant Mundra, the Managing Director, and Yatiraj Mundra, the Director, shed light on the company’s extensive product portfolio, unique selling points, recent investments, commitment to sustainability, and their pivotal role in contributing to India’s textile growth.
The Madhusudan Group, a vertical textile organization, distinguishes itself by offering a complete textile solution to buyers. From yarns and fabrics to garments, the group is positioned as a one-stop solution provider, showcasing a diverse range of high-value products at Bharat Tex 2024. In a highly competitive landscape, Shrikant Mundra emphasizes the company’s transition from the textile business to the service business. The Madhusudan Group places a paramount focus on customer needs, offering specialized and customized solutions that go beyond stock materials. This customer-centric approach, coupled with an emphasis on innovation, sets them apart in a dynamic market.
Mega Investments and Technological Advancements:
The interview reveals that Madhusudan Group is in the midst of a mega investment phase, expanding vertically into backward integration. The group is set to launch India’s first bi-component spinning facility, a groundbreaking move that aligns with the global shift towards diversifying supply chains and adopting a ‘China plus one’ strategy. With a strong commitment to technological advancements, the Madhusudan Group is positioning itself as a game-changer in the Indian textile landscape.
Pioneering Sustainability:
Acknowledging the growing importance of sustainability, Mr. Yatiraj highlights Madhusudan’s proactive role in the space. The group has been a pioneer in recycled polyester for the past decade, supplying to major global brands. Furthermore, the company is set to launch biodegradable fibers, underlining its dedication to sustainable innovations.
This forward-thinking approach aligns with the global textile industry’s increasing emphasis on eco-friendly practices. As India sets its sights on becoming a 10 trillion-dollar economy, the Madhusudan Group envisions playing a pivotal role in the country’s textile industry. Shrikant Mundra articulates their plans to aggressively capture global opportunities, bringing business from other countries to India. The mega investment project, including the bi-component spinning facility, is geared towards supporting India’s vision of being a global textile hub.
To conclude, The Madhusudan Group’s presence at Bharat Tex 2024 reflects not only its current stature in the textile industry but also its forward-thinking strategies for the future. Shrikant Mundra and Yatiraj Mundra, being leaders of this dynamic organization, embody a vision that goes beyond business transactions, emphasizing innovation, sustainability, and India’s prominent role in the evolving global textile landscape. As the textile industry continues to evolve, the Madhusudan Group stands poised to be a beacon of progress and innovation, contributing significantly to India’s textile journey.
