AB Cotspin Secures ₹5.45 Crore Order for 200 MT of Cotton Yarn.

A B Cotspin India Ltd. (NSE: ABCOTS, BSE: 544522), a leading textile manufacturer with over 25 years of industry experience, has secured an order worth approximately ₹5.45 crore for the supply of 200 metric tonnes of cotton yarn, to be executed within one month. The company said this new order reaffirms its position as a reliable supplier of high-quality cotton yarn, knitted fabrics, and eco-friendly products.

The announcement comes as India’s textile sector gains momentum through new government initiatives. The Centre recently launched the ₹600 crore “Kapas Kranti Mission” to promote high-yield, long-staple cotton cultivation with advanced research and technological innovation. Additionally, the Modi government’s recent reduction in GST rates has spurred consumer spending during the Navratri festive season, boosting market sentiment ahead of Diwali and the upcoming wedding season.

Union Minister of Textiles Giriraj Singh, speaking at the World Cotton Day 2025 celebrations in New Delhi, said the government’s vision is to make India’s textile industry carbon-neutral by 2030, targeting a USD 350 billion market size, including USD 100 billion in exports. Minister of State Pabitra Margherita added that the Kasturi Cotton initiative will play a vital role in realizing the government’s “5F” (Farm–Fibre–Factory–Fashion–Foreign) strategy while enhancing textile collaboration with Russia.

Meanwhile, Punjab Chief Minister Bhagwant Singh Mann has been actively promoting Punjab as a key investment hub, pledging a simplified, investor-friendly environment to attract both domestic and international investors.

In another development, Confederation of Indian Textile Industry (CITI) Chairman Ashwin Chandran urged the Finance Ministry to provide short-term relief on working capital to export-oriented units serving the U.S. market, seeking expanded incentives under duty drawback, RoSTCL, and RoDTEP.

A B Cotspin expects to achieve a turnover of around ₹350 crore and an EBITDA of ₹50–55 crore for FY 2025–26. The company’s shares began trading on the main boards of the National Stock Exchange (NSE) and BSE with effect from September 24, 2025.