Gujarat headquartered prominent textile player, Globe Textiles India (GTIL) expects a 30 per cent uptick in revenue and a top-line of Rs 520 crore by 2027 on consolidated basis. The company had reported revenues worth Rs 399.4 crore in Dec’23.
GTIL currently has a production capacity of 2.5 lakh sq ft, and manufactures over 36 million meter of fabric and 2.5 million bottoms per annum. The company recently acquired Globe Denwash, an environmentally friendly facility with a Zero Liquid Discharge system and partly solar generation which minimises energy costs while using green energy.
Bhavin Parikh, CEO, Globe Textiles (India) says, the company remains dedicated to maintaining open communication and transparency with its stakeholders, including shareholders, employees, customers, and regulatory bodies.
