Company History - Atlantic Spinning and Weaving Mills
HISTORY OF THE COMPANY
The company was incorporated as a Public Limited Company on 4th
April, 1986. In the year 1987 it took over an existing Textile Unit
of Chowgule & Co. Pvt. Ltd as per memorandum of understanding dated
24th September 1987 (copy enclosed as material document) and
commenced commercial operations in the year 1988. With the deft
handling by the new management the unit has been consistently making
profits from the very first year of operations.
The Company has its manufacturing unit at Xeldem in the State of Goa.
It has a vast marketing set-up all over India at centres like Bombay,
Delhi, Madras, Hyderabad, Erode, Surat, Kanpur, Meerut, Bhilwara,
Ludhiana and Amritsar. The manufacturing units are well connected
with rail, road and air and has a seaport very near for export. The
Company is presently implementing a modernisation-cum expansion
The Company manufactures a wide variety of blended yarn, like viscose
acrylic, cotton, polyester yarns as per market demand including slub
yarn. Most of the machines are rated and constitute the latest
technology including computerised controlled process which results in
negligible wastage and superior quality of the finished product. Over
the years the product has been very well received in the market.
Source : Dion Global Solutions Limited
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