History

Mohit Industries Limited company history and heritage timeline

Mohit Industries Ltd. (MIL) was incorporated in February 1991, starting as a synthetic yarn supplier. Founded by Sitaram Saboo, Chairman, who brings over five decades of expertise, MIL launched a weaving project at Kim in 1993. In 1995, we diversified into texturising, installing advanced machinery to manufacture high-quality textured polyester yarn. This expansion met the rising demand for polyester weaving yarn from our growing customer base. Following a fully subscribed public issue in 1996, we established another texturising unit at Silvassa in 2005 to further boost production.

The company has been continuously expanding every year after 2007. In 2009-10, we diversified, establishing ourselves as a leading AAC Block Manufacturer Gujarat with a unit at Palghar (Thane). In 2011-12, MIL sold this Palghar plant to the Thapar group for an extraordinary profit and established a new state-of-the-art AAC Block Plant at Umargaon with a capacity of 3 lakh m3 per annum. This division demerged into Bigbloc Construction Limited on 1st April 2015, transferring all assets and liabilities to the new entity.

Initially started as a family business, Mohit Industries Limited has grown to become a premier public limited company with over 500 employees and revenues crossing Rs. 2500 million. Today, as a leading mohit industries textile manufacturer, our facility at Kim spans 4,00,000 sq. ft. Equipped with 16 texturising machines, 150 high-speed shuttle-less looms, and 144 conventional looms, we are a prominent grey fabric manufacturer Surat with a capacity of 21,000 tonnes of DTY and 12 million meters of grey fabrics annually.

As a globally recognized synthetic fabric manufacturer, we export premium DTY and custom fabric manufacturing India solutions to South Korea, Thailand, Czech Republic, Denmark, Germany, Bulgaria, Indonesia, United Kingdom, Mexico, Brazil, Guatemala, Vietnam, and beyond. Our commitment to quality has earned us the prestigious Export House Status.

Mohit Industries Limited has well established marketing set up and arrangements as it is already in the line of textile business for more than two and half decade. At present, the company is a trendsetter in yarn textiles and also has a remarkable presence in the yarn, weaving fabrics industries.

Mohit Industries Limited manufacturing facilities are accredited with ISO 9001 – 2008 Quality Management Systems. Securities of the Mohit Industries Limited are actively traded on Bombay Stock Exchange Limited (BSE) & National Stock Exchange of India Ltd (NSE).