AB Cotspin India was originally incorporated as “Ganga Cottex Private Limited” at Jalandhar, as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated June 23, 1997 issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Subsequently, the company was converted from Private Limited Company to a Public Limited Company pursuant to a special resolution passed by the members of the company in the Extra-ordinary General meeting held on March 20, 2010 and the name of the company was changed to “Ganga Cottex Limited”. Further, the name of the company was changed to “AB Cotspin India Limited” and a fresh Certificate of Incorporation dated December 24, 2010
The company commenced its business in 1997 with a cotton ginning plant with cotton bales and cotton seeds being its initial products. Thereafter in the year 2000, the company installed a crushing unit to extract oil from cotton and mustard seeds and expanded its product basket with the addition of cotton seed oil, mustard oil and oil cake. In the year 2011, it ventured in manufacturing cotton yarn by setting up a spinning plant. In the year 2014, the company installed a knitting machine and thus forayed into manufacturing of knitted fabric.
The company has one manufacturing facility which is located at, Jaitu (Dist Faridkot), Punjab. Over the years, it has made investments in its manufacturing infrastructure to support its product portfolio requirements and reach. The company is supplying its products domestically.
Business area of the company
The company is primarily engaged in manufacturing of cotton yarn, knitted fabric, cottonseed oil and oilcakes.
Milestones
- 1997: AB Cotspin India Limited started its journey in the name of ‘Ganga Cottex Private Limited’ with Cotton ginning plant.
- 2010: The Company was converted from a Private Company to Public Limited Company for further expansion of operations of the Company.
- 2010: The Name of the Company was changed from ‘Ganga Cottex Limited’ to ‘A B Cotspin India Limited.’
- 2015: The Company obtained Membership certification of Better Cotton Initiative (BCI).
- 2016: Accredited as One Star Export House by DGFT.
- 2018: First Prize for the Largest Reduction in Accident Frequency in Cotton Textile Industry (1 Lakh -5 Lakh man hours) by the Directorate of Factories Punjab & Punjab Industrial Safety Council.
- 2021: The Company holds SCOPE certificate that certifies that products such as Greige yarns, Fibres, Greige fabrics comply with Global Organic Textile Standard (GOTS).