The Company was incorporated on Aug 12,1939. It is a Spinning cum a Composite Textile Mills , at Pali - a district headquarter in the Western Rajasthan.
MSUM is a part of the LN Bangur Group and is listed at Bombay Stock Exchange, Mumbai and Calcutta Stock exchange , Kolkata.
The Textile unit is technically and technologically well-upgraded, operationally efficient, environmentally compliant and consented corporate entity. Over the years the company has emerged as a prudent and financially sound entity.
Overview of the Textile Unit :
Yarns Business :
The Company manufactures industrial yarns, Carded/Combed Hosiery and weaving yarns, bleached/mercerised sewing thread yarns in Cotton; and Grey Polyester Viscose Blended and 100% Viscose Yarns. Having completed the technology up-gradation cum expansion plans , the present installed capacity is 96432 Ring spindles and 1944 OE Rotors having a total output of about 60 tons/day.
Implementation of innovative plans at successive stages has enabled the company to achieve a transformational change in the segregated equipments line-up and systems in keeping with the latest trends in the domestic as well as international markets for quality cotton yarns which has been the business mainstay of the company. The technology lead acquired and being kept up through drive of continuous up-gradation enables the Company to supply world class Cotton yarns meeting the best international quality parameters. The ideally sized and well segregated capacities enable the company to commit and meet on-time delivery performances consistently.
Fabrics Business :
The Company produces 100% Cotton Dyed Poplins. Its market is spread across the country where Indian ethnic Sarees are worn by the women. By virtue of decades of track record of consistently good quality standards, the Company enjoys market leadership in the segment. The installed capacity is 460 looms producing about 50000 Mtrs. of Fabrics every day.
FUTURE DIRECTION OF BUSINESS :
Capabilities acquired at the existing textile unit to produce world class superior grade medium counts combed and carded cotton yarns for Weaving and Hosiery applications have unlocked the potential to explore avenues to move up in the value chain into Fabric business. As a measure of preparation for future thrust in this direction, identification and development of new higher value woven and processed fabric varieties have been started on a note of encouraging market response.
It is envisaged that new expansion initiative shall be to combine expansion of both Yarns and processed Fabrics business, with an energy generation plant for captive use.