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Axita Cotton Limited Received USD 3.28M Order From Bangladesh

by Kalpana Pandey
April 12, 2023
in News, Asia, Cargo News, EXIM & International Trade
Reading Time: 2 mins read
A A
Cotton

Raw cotton exporter Axita Cotton Limited (BSE: 542285, NSE: AXITA) has received a USD 3.2 million (Approx INR 26.92 Crore) order from Bangladesh. There are three international buyers included in the order, and delivery will be spread out over the next three months.

Bangladesh’s most well-known textile manufacturer, known for its dedication to quality and on-time deliveries, placed the order. Axita Cotton Limited was chosen to fulfil the order because of the Company’s established track record of providing superior raw cotton at reasonable prices.

“We are thrilled to receive this order from one of the leading textile Companies in Bangladesh,” said Mr. Kushal Nitinbhai Patel, Managing Director of Axita Cotton Limited. It reflects the high standards we set for ourselves and the confidence our customers have in us. In addition, we anticipate receiving additional Yarn orders from customers in Europe and Asia.

Over the past six years, Axita Cotton Limited has established reliable relationships with buyers in Bangladesh, China, Vietnam, and some European countries by exporting raw cotton and cotton yarns. The Company’s dedication to high-quality products, prompt shipping, and satisfied clients has made it a go-to vendor. The Company is still the world’s largest manufacturer and exporter of raw cotton thanks to its dedication to innovation and sustainability.

When it comes to domestic and international markets, Axita Cotton Limited is a top provider of Organic Cotton and Organic Yarn. In addition, the firm is instructing farmers on how to increase their profits by growing organic and sustainable cotton. The Organic Content Standard (OCS), Global Recycle Standard (GRS), and Global Organic Textile Standard (GOTS) are all organisations that Axita Cotton Limited is affiliated with. (GRS).

The Company produces cotton bales and cotton seeds, with a focus on two varieties of cotton bales: Shankar-6 and MCU-5/MECH. The production facility is located in Kadi, in the Mahesana District of Gujarat state, which is strategically positioned near the major cotton growing areas of Saurashtra and other regions of Gujarat.

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The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

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