Mohite Industries Ltd.: Revolutionizing the Textile Industry with a New Partnership; Experts predict a skyrocketing of the shares
Oct 19, 2024
New Delhi [India], October 19: Established in 1990, Mohite Industries Ltd. marked a significant departure from the Mohite family's traditional business of constructing earthen dams. By venturing into the textile industry, the company embarked on a journey to redefine the sector. With a sprawling 35-acre facility in Vadgaon, near Kolhapur, Maharashtra, Mohite Industries has leveraged cutting-edge technology and machinery to set new benchmarks in textile production."The company has seen a significant growth from a revenue of 104 crores and a profit of 1 crore last year to a revenue of 850 crores and a profit of 75 crores this year."
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