In the ever-evolving world of textiles, where innovation and technology play crucial roles, one event stands out as a beacon of progress and advancement: The International Textile Machinery Exhibition (ITMA). In 2023, this prestigious exhibition took place in the vibrant city of Milan, Italy. Industry professionals, manufacturers and renowned companies from around the world gathered to witness the latest breakthroughs and gain insights into the future of textile manufacturing.
Sharing a long history with ITMA
Aarti Jhunjhunwala, the Executive Director (ED) of Fineotex Chemical Limited (FCL), took a moment to express her sincere gratitude for being a part of the highly anticipated exhibition. In her heartfelt message, she acknowledges the significance of this prestigious event and the tremendous opportunity it has provided across its history for companies to interact with their huge customer base.
ITMA assumes paramount importance as a catalyst for advancements within the industry, empowering manufacturers to adopt more efficient and sustainable processes. It is a pivotal platform for businesses to connect, collaborate, and engage with stakeholders, fostering knowledge change and idea generation while remaining attuned to the latest industry trends.
Aart Jhunhunwala also emphasised the long-standing relationship that FCL has cultivated with the ITMA community. Over the years, the company has actively participated in various ITMA events, which have served as valuable platforms for networking, collaboration, and business growth. Meeting customers and industry professionals at such a prominent gathering has always been a source of great joy and satisfaction for FCL
Signalling to the world
FCL has emerged as a major player in the industry, with a remarkable production capacity of 1,04,000 metric tonnes annually. This accomplishment is a testament to the company’s dedication, hard work and commitment to excellence. FCL’s presence at ITMA Milan 2023 indicates its success and recognition within the textile manufacturing sector.
With its exports spanning an impressive 70 countries, FCL has established valuable joint ventures with renowned international enterprises. Their collaboration with Eurodye-CTC in Belgium enables them to offer a comprehensive range of textile solutions. By leveraging these strategic partnerships, it has solidified its position as a provider of holistic and top-quality textile solutions on a global scale.
From strength to strength
FCL has experienced remarkable growth since its inception in 1979, establishing itself as a prominent industry leader. With an extensive portfolio comprising over 470 product categories, it continues to set new benchmarks in the market. Recently commemorating its 12th anniversary of listing on the esteemed Indian stock market, the company proudly showcases an array of notable milestones. Some of them are as follows:
- Achieving the prestigious ‘Great Place to Work’ certification, reaffirming FCL’s commitment to fostering an exceptional work environment.
- Inclusion in the Nifty Micro-Cap index, reflecting the company’s robust financial performance and market capitalisation.
- Ascending to the ‘A’ group category of listed companies, positioning FCL among the industry’s most influential enterprises.
- Receiving the ‘Word at Work Leadership Award’, recognising FCL’s dedication to gender equality and empowerment.
- Receiving the “Hurun Industry Achievement Award 2022” by Hurun India.
- Receiving the ‘Business Growth and Strategy Excellence Award’ at the Exclusive CXO’s Roundtable Mumbai on 23rd March 2023.
- Receiving the “Business Enterprises of Tomorrow 2022” by Dun & Bradstreet.
Concluding Thoughts
From its humble beginnings as an Indian textile manufacturer, FCL has become a prominent industry leader, firmly anchored in its commitment to excellence. Through their consistent presence at exhibitions like ITMA, FCL has nurtured invaluable relationships and established fruitful connections, contributing significantly to their resounding success in the global textile market.
References:
https://www.itma.com/about-itma
https://www.linkedin.com/pulse/fineotex-participation-itma-largest-textile-garment/