- Business
- Orbit Exports Limited, an India-based weaving company founded in 1983 and headquartered in Mumbai, Maharashtra, manufactures and exports novelty fabrics and made-ups primarily to markets in the United States, Latin America, Africa, the Middle East, Europe, and the Far East; its core products encompass fashion fabrics such as silky aspects, fashion jacquards, tailoring and casual fashion textiles, dupion, taffeta, and jacquard fabrics, alongside home textiles including seasonal decorations like stockings, tree skirts, and table runners, as well as everyday premium pillows, table linens, window panels, and bedding, with additional offerings in women's apparel fabrics, Christmas crafts, bridal wear, evening wear, and occasion-specific festive products; the company operates through two main segments, Manufacturing of Textile and Renewable Power Energy including windmill power generation, and maintains a subsidiary, Orbit Inc., in New York for US operations. Orbit Exports produces these high value-added fabrics in batches tailored to customer specifications, leveraging an in-house design team for originality, and routes select sales through group companies while employing around 428 people across its facilities. Recent developments include the appointment of Ms. Raveena Modi as Non-Executive Independent Director and reconstitution of board committees in September 2025, cessation of Mr. Pardeep A. Khosla's second term as Independent Director in September 2025, a proposed acquisition of 26% stake in K&H Construction for a solar power project announced in July 2025, establishment of a new processing and dyeing unit in Valsad, Gujarat in 2021, issuance of bonus shares in a 1:1 ratio in 2017, and sustained revenue growth to Rs. 218.5 crore in FY2025 with an operating profit margin of 25.1%, supported by strong order books and inventory shipments to its US subsidiary amid anticipated US tariff adjustments.