The continuous improvement of our capabilities and processes has led us to strategic expansion plans and capacity building initiatives. This in turn enables us to remain agile by improved market responsiveness, cost reduction, forward integration and quality improvement.
Growth and expansion
The continuous growth and expansion is a motto of the company and we have invested into growing and expanding our capacities and our horizons. Currently we have the capacity to produce 18000 metric tons of texturised yarn & 9 million meters of fabric per annum. With new initiative on expansion of the texturising and the yarn processing capabilities Mohit Industries hopes to go beyond the USD 2 million the turnover per annum, making it amongst the top manufacturers in India. Over the next few months we will be acquiring texturising machines, air texturising machines and draw winders. The company has also forayed into the garment manufacturing arena in the next few years.
Foray into diverse industries
As a part of the future expansion, Mohit Industries has also diversified into the building constructions materials manufacturing.
E waste treatment & recovery project
New subsidiary company for E-waste treatment & recovery project “Mohit E-Waste Recovery Private Limited” has been set up. This outcome of the MOU (Memorandum of Understanding) between the Government of Gujarat during The Vibrant Gujarat Global Investors' Summit 2009. The project is budgeted at Rs. 15 crores for and is expected expects to start by September. The company has invested in land near KIM plant for s purpose.
E-waste comprises of relatively expensive & essentially durable electronic products used for data processing, telecommunications or entertainment in private households & businesses.
Disposing e-waste is a huge problem world over. In India, which being a major IT destination an estimated 400000 tons of e-waste is generated per annum. Barely, 3 percent of it was recycled properly. With the market for computers, entertainment devices, electronics, mobile phones, TVs, etc. expanding greatly, it is estimated that eight lakh tons of e-waste will be generated by 2011. If not effectively handled this can pollute the environment and create hazardous toxic waste. Currently, there are no such plants located in Gujarat & only a few processing units all over India which have a recycling capacity of about 27000 tons per annum. Thus, there is a need that we can effectively cater to.