- Business
- Laxmi Cotspin Limited engages primarily in cotton processing and textile manufacturing with operations centered in India, headquartered in Jalna, Maharashtra. The company manufactures a broad range of cotton yarns, including ring-spun yarn, open-end yarn, and TFO yarn, servicing markets in Maharashtra, Gujarat, and export destinations in Asia and Europe. Its product portfolio encompasses 100% quality cotton combed and carded hosiery and warp conventional yarns, organic cotton, and Better Cotton Initiative (BCI) certified yarns, with yarn counts ranging from 10s Ne to 40s Ne. Laxmi Cotspin also supplies cotton bales, cotton seeds, and operates oil mills producing oil cake and wash oil. Founded in 2005, the company leverages advanced technology and high-efficiency machines to meet market demands across home textiles, weaving, denim manufacturing, and hosiery sectors.
In recent years, Laxmi Cotspin has focused on expanding its export footprint and enhancing product quality, increasing net profit margins significantly as of 2024-2025. The company reported a notable rise in quarterly revenues and profitability driven by operational efficiencies and market expansion efforts. No major acquisitions or name changes have been reported, but strategic emphasis continues on organic and BCI-certified yarn production to align with sustainable textile trends. Laxmi Cotspin maintains production facilities in the cotton-growing regions of Marathwada and Vidarbha, positioning itself to serve both domestic and international yarn markets effectively. The company employs approximately 265 people and is committed to quality control and innovation in textile manufacturing.