MAKE IN INDIA – Winsome Textile Industries

Management Team

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Mr. Ashish Bagrodia

Mr. Ashish Bagrodia, Chairman& Managing Director

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Journey Began

Established in 1980.

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Products Manufactured

Yarn and knitted fabric.

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Manufacturing Facilities

Baddi in HP.

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Production capacity

With constant improvisation Winsome was able to increase its value added products production from 58% in FY 2006-07 to 100% in FY 2015-16.Number of spindles have increased by 113% in the last 10 years taking the total amount of spindles to 105,984.

Winsome’s Yarn/fibre dyeing capacity has increased by CAGR of 12% in the last 10 years and now the company is able to dye around 29 tons of yarn/fibre every day.

U3 fabric production has been increased from 12 tons in FY 2012-13 to 1,239 tons in FY 2015-16 with CAGR of 369%. Production increased by 47% since last financial year.

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Global Presence

250 customers in 50 countries across the globe.

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Financial Performance

In 2015-16, Winsome has achieved a sales turnover of Rs. 65,823.33 lakhs as against Rs. 64,947.43 lakhs during the previous year showing an increase of 1.35% and a net profit (after tax) of Rs. 2048.62 lakhs for the year as against net profit (after tax) of Rs. 1292.20 lakhs during the previous year.

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Exports

The company’sexports amounted toRs. 25,229.62 lakhs as against Rs. 22,203.86 lakhs in 2014-15.

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Vision 2020

“We are investing in latest technologies and talents to bring changes in industry through innovation. Our focus will be on understanding the changing dynamics of customer requirement and accordingly changing our strategy. We are exploring new territories and expansion is the way forward for us” – Mr. Ashish Bagrodia.