- CEO
- Saurabh Satyaprakash Maheshwari
- Full Time Employees
- 967
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Orient House Mumbai MA India 400062
- IPO Date
- Sep 14, 1993
- Business
- Pioneer Embroideries Limited manufactures and exports embroideries, torchon and bobbin laces, raschel laces, and other garment accessories including special polyester filament yarns such as dope dyed polyester filament yarns, fully drawn yarns, partially oriented yarns, draw textured yarns, air textured yarns, twisted yarns, and cabled or high bulk yarns; it also produces embroidered fabrics, guipure laces, and fashion fabrics under the heritage Hakoba brand associated with embroidered clothing. Founded in 1991 and headquartered in Mumbai, India, the company operates manufacturing facilities across Gujarat, Dadra and Nagar Haveli, Tamil Nadu, and Himachal Pradesh, serving domestic and international markets in North America, Latin America, Europe, the Middle East, Africa, and beyond with a design library exceeding 40,000 patterns developed using state-of-the-art software and machinery. Subsidiaries include Hakoba Lifestyle Limited for retail embroidery and Pioneer Realty Limited following the recent demerger of its embroidery and bobbin lace business. Recent strategic developments encompass expansion of spinning capacity from 18,000 to 26,000 metric tons per annum with new partially oriented and draw textured yarn production commencing in 2023; modernization of embroidery facilities through replacement of 32 machines with eight advanced units from Switzerland at a cost of Rs 40 crore, boosting efficiency and capacity; and ongoing investments in dope dyed yarn facilities under the Silkolite brand with certifications including Global Recycled Standard, Oeko-Tex Standard 100, and ISO 9001, 14001, and 45001.