- Business
- Gem Spinners India Limited manufactures cotton yarn and knitted fabrics primarily for weaving and knitting applications. The company produces combed cotton yarn in raw white; carded cotton yarn in raw white; and ring spun yarn, with counts ranging from 20s to 100s, at its facility with an installed capacity of 25,000 spindles. Incorporated in 1990 as Gem Spinning and Weaving Mills Limited and renamed Gem Spinners India Limited in 1992, it operates from its registered office in Maduranthagam, Kanchipuram District, Tamil Nadu, with headquarters at 78 Cathedral Road, Chennai, Tamil Nadu. Gem Spinners focuses on the textile industry within the consumer durables sector, serving domestic and export markets as a 100% export-oriented unit. In recent developments, the company held board meetings in 2024 and 2025 to approve unaudited financial results for quarters ending June 30, September 30, and the half-year ended September 30, alongside its annual general meeting.