Where
Values meet our vision
Gangotri Textiles Limited, a vertically integrated
textile unit has world class in- house facilities
from processing yarn to manufacture of finished
garments. With a clear vision, a sense of purpose
and sheer hard work, guided by a team of professionals
and steered by an enterprising management, Gangotri
continues to diversify its products and extend its
customer reach. Gangotri began its textile journey
with dealings in cotton waste and today its world
renowned for its branded garments-tibre.
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Under the dynamic leadership of Sri. Manoj Kumar
Tibrewal, Managing Director of the Company, the
promoters personify the true spirit of enterprise
and have in just over a decade established reputation
par excellence with interests ranging from yarn
to branded apparel.
GTL currently has an installed capacity of 5,904
rotors, which makes it a large- sized player in
the organized segment of the OE spinning industry.
GTL’s business model is thus spread among
home textiles (through open- ended yarn and ring
spun yarn), Knitting (hosiery yarn) and garments
(tibre brand trousers). GTL has also set up wind
mills with a total capacity of 3.30 MW and an oil
based power generation plant of 2 MW capacity.
The Vision
To be number one quality suppliers and
service providers in the business in which the company
is engaged.
The Mission
‘Serving Society Through Industry’ is our corporate mission and we aim to achieve this through the following means:-
- Ensuring total customer satisfaction by delivering quality goods and services
- Meeting and exceeding customer’s expectations
- Striving for satisfactory return in equity investment through sustained and profitable growth
- Fulfilling career aspirations and economic needs of employees
- Nurturing cordial and ethical relationship with all employees, business associates and domestic and overseas customers
Milestones
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1989 -Incorporated
as a Private Limited Company |
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1993 -Converted into
a Public Limited Company |
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1993- Unit I commenced
production with 4 O.E frames |
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1994- Initial Public
offering of GTL involving 21,00,000 equity
shares of Rs.10/- each |
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1994- Unit I expanded
with 2 more O.E. frames 23 |
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1995- Unit II commenced
its production with 7 O.E.frames |
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1998- Unit III expanded
with 3 more O.E. frames |
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2000-Launch of “Tibre”
trousers |
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2000- Expanded Unit II
with 3 more O.E. frames |
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2002- Modernisation scheme
implemented in Unit- IV |
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2003-Awarded ISO 9001:2000
Quality certification for Unit I & II |
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2004-Installed a captive
power generation plant at Udumalpet,Unit IV |
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2005-Installed two windmills
of 1.65 M.W each at Udumalpet for captive
consumption of power |
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2005- Expansion of an
integration project with an outlay of Rs.351
crores |
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2005-Established cotton
waste recycling unit (UNIT VII) at Coimbatore |
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Reward 1:1 Bonus Shares
for share holders |
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2006- Follow on Public issue of Rs.55 Crores. |
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2007- Started commercial production of Weaving & Processing Unit. |
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2008:- Launch of the new brand ‘Fugo’ – trousers & shirts exclusively for the youth |
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2008:- Introduction of Ready to Stitch cut bits under the brand name ‘Lemon’. |
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2008- Launched Fugo, the youth brand of trousers & shirts. |
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2009- Unit 9 commenced its production with 5000 Spindles. |
Focus Areas
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31200 spindles
Cotton Spinning Unit |
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19200 spindles Poly Cotton
Spinning Unit |
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51000 meter/day Weaving/Processing
Unit |
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3000 pcs/day Garment
stitching unit |
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6 wind mills of
1.65 MV each |
Welfare for Society
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