Saturday, July 13, 2024

Axita Cotton Ltd. has Received whopping order worth USD 3.28M from Bangladesh

Axita Cotton Ltd. has received order  worth USD 3.28M (Approx INR 26.92 Crore) from Bangladesh.

This adds company’s recent existing orders from Bangladesh worth USD 2.71 M (approx. INR 22.21 Crore) from various Spinning Mills of Bangladesh for Indian Raw  Cotton.

The company’s current order book as on 06 April 2023 now stands at Approx USD 60,00,975.64 (INR Approx. 49.20 Crore) Axita Cotton Ltd. (BSE: 542285, NSE: AXITA) a leading raw cotton manufacturer and exporter, has received its  order worth USD 3.2 million (Approx INR 26.92 Crore) from Bangladesh. The order comprises  of 4Foreign Buyers and which will be shipped to the country over the next 3 months.

The order was placed by a prominent textile company in Bangladesh, which is known for its commitment to quality and timely delivery. The decision to award the order to Axita Cotton Ltd. was based on the company’s reputation for producing high-quality raw cotton at competitive prices.

Axita Cotton Ltd. has been exporting Raw cotton & Cotton Yarns to Bangladesh, China, Vietnam and some European countries for since last 6 years and has built a strong relationship with its customers in the country. The company’s commitment to quality, timely delivery, and customer satisfaction has helped it to become one of the preferred suppliers. The company’s focus on innovation and sustainability has helped it to maintain its position as a leading Raw cotton manufacturer and exporter.

Axita Cotton is one of the leading suppliers of Organic Cotton and Organic Yarn into domestic and international markets. The company is  also helping farmers to educate them to produce sustainable cotton and organic cotton to get better rates of their products. Axita cotton limited is a member of the Global Organic textile standard(GOTS), Organic Content standard(OCS) and Global Recycle standard(GRS). 

The company produces cotton bales and cotton seeds, with a focus on two varieties of cotton bales: Shankar-6 and MCU-5/MECH. The production facility is located in Kadi, in the Mahesana District of Gujarat state, which is strategically positioned near the major cotton growing areas of Saurashtra and other regions of Gujarat.

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