Cotton exporters serve as crucial linchpins in the global textile industry, acting as vital connectors between producers and manufacturers, driving economic development. Despite challenges, these entities exhibit adaptability, embracing sustainability, and playing a pivotal role in shaping the future of the cotton trade. Their resilience and innovation are instrumental in ensuring the continuous growth and sustainability of the global cotton industry. Established in Ahmedabad, Axita Cotton Limited has transformed into a noteworthy player in the dynamic cotton industry. Originally known as Axita Cotton Private Limited, the company underwent a significant evolution, becoming a Public Limited Company on October 15, 2018, highlighting its commitment to transparency, expanded shareholder participation, and a broader corporate vision.
“Our journey commenced as a producer and exporter of cottonseed oil, operating under the partnership firm 'Aditya Oil Industries.' With growing profits, our dedication to excellence led to the incorporation of a new entity, ‘Axita Cotton Private Limited,’ in Kadi on July 16, 2013. The pivotal transition to ‘Axita Cotton Limited’ took place in October 2018, marked by the issuance of a fresh Certificate of Incorporation, symbolizing our evolution from a Private Limited Company to a Public Limited Company”, speaks Kushal Patel, Managing Director. Situated strategically in Kadi, Mehsana district of Gujarat, the firm’s production facility holds a prime location near the thriving cotton-growing regions of Saurashtra and other parts of Gujarat. This strategic placement enables the company to source the finest raw materials, ensuring the highest quality in its products.
Commitment to Quality & Sustainability
Axita Cotton’s core strengths lie in consistently delivering exceptional quality across its product range, surpassing industry benchmarks. The firm is committed to sustainability, evident in its efforts to minimize environmental impact through eco-friendly practices and responsible sourcing. “Our innovative product portfolio reflects our adaptability to market trends, ensuring we meet the evolving needs of our customers. With efficient supply chain management, we excel in delivering products reliably and consistently. Financial stability is a cornerstone, as prudent financial management provides the resources for continued growth and investment in our commitment to sustainable practices”, says Kushal.
Inception journey
The journey of the firm began with its incorporation as a Private Limited Company in the fiscal year 2013-2014. Building upon this foundation, Axita Cotton embarked on the commercial production journey in the subsequent year, 2015-2016. Recognizing the growing demand for organic cotton, the firm introduced an Organic Cotton segment to its offerings, marking a significant milestone in its evolution. In the year 2018-2019, the company achieved another pivotal moment by exporting its first shipment, expanding the market reach beyond domestic borders. In a landmark move, the company went public through an SME Initial Public Offering (IPO) and secured a listing on the BSE-SME platform.
Milestones in Sustainability & Growth
In the year 2020, Axita Cotton achieved a significant milestone as its export revenues for FY20 crossed 200 Crores. “Moreover, we took a momentous step forward by entering into sustainable cotton farming and aligning our operations with environmentally conscious practices. Building on this momentum, the year 2021 witnessed an astounding achievement as we unlocked over Rs.500 Crores in revenue generated from the organic cotton business alone in FY21.
Looking ahead to the year 2022, we continue our journey of innovation and expansion by introducing cotton yarn into our product portfolio”, shares Kushal. As the company embraces new opportunities and challenges, its dedication to sustainability, quality, and customer satisfaction remains stringent, propelling it toward continued growth and success in the years to come.
“Our dedication to excellence and relentless pursuit of growth bore fruit as we achieved yet another revenue milestone, surpassing Rs.200 Crores in sales in the fiscal year 2019. As we continue to navigate the dynamic landscape of the industry, we remain committed to innovation, sustainability, and delivering value to our stakeholders, ensuring a prosperous future for our firm”, adds Kushal.
At Axita Cotton, the vision is centered on paving the way for sustainable and carbon-neutral farming practices. The firm is deeply committed to curbing the impact of climate change and aspires to contribute to securing a sustainable future for all. Through diligent efforts aimed at reducing carbon emissions, the firm aims to utilize renewable energy sources, minimize the use of chemicals, and protect the land through methods such as no-till farming, organic pest control, crop rotation, and cover cropping, all of which help maintain a balanced ecosystem. Furthermore, Axita Cotton is resolute in its ambition to extend its reach and export the ideals, products, and values to more countries, thereby spreading the ethos of sustainability and environmental stewardship across the globe.
Investing in Growth & Efficiency
“We are committed to investing in both growth and efficiency to ensure the continued success of our operations. Currently situated in Kadi, within the Mehsana district of Gujarat, our production facility operates for nearly 8 months each year. Recognizing that meeting growing demands efficiently and responsibly is crucial to our success, we have devoted significant attention and resources to enhancing our production capacity and maximizing efficiency. Through strategic investments in technology, infrastructure, and safety measures, we are focused on streamlining operations, minimizing downtime, and improving overall efficiency”, says Kushal. The firm’s efforts include efficient management practices, a well-organized administrative department, and increased production capabilities. Additionally, the firm implements measures to provide support and security to its employees' families, including assistance in accessing healthcare services and educational support for their children.
As the firm reflects on its journey so far, Axita Cotton takes pride in the ground it has covered since its inception
As the firm reflects on its journey so far, Axita Cotton takes pride in the ground it has covered. Yet, the firm eagerly anticipates the path ahead a path paved with challenges to conquer, milestones to achieve, and a warm welcome from the global market. With a commitment to quality, sustainability, and ethical practices, Axita Cotton looks forward to continuing its journey and making a meaningful impact in the cotton industry. “At Axita Cotton, we envision a sustainable future by curbing climate impact through renewable, carbon-neutral farming practices. Committed to reducing emissions, we prioritize methods like organic pest control, crop rotation, and no-till farming. Beyond business, we strive to be environmental stewards, fostering a balanced ecosystem. Eager to share our ideals globally, we aim to export products and values to new countries. While proud of our progress, we embrace new opportunities, continually exploring innovative ways to advance agricultural sustainability. Our commitment is a journey of improvement, dedicated to making a positive impact on the global agricultural landscape”, adds Kushal.
The firm boasts a robust global presence, spanning diverse territories such as India, Bangladesh, Pakistan, Vietnam, China, Indonesia, and Thailand. With operations established in these key regions, the company has strategically positioned itself to leverage various markets and tap into unique opportunities for growth and expansion. The company is on a dual mission. Firstly, it is committed to organic principles and practices in cotton cultivation, advocating for sustainable development to preserve the environment and foster a greener, healthier future. Secondly, its goal is to extend its reach globally, promoting its ideals, products, and values to new countries while pursuing fresh opportunities and milestones.
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