Kitex Garments

Kitex Garments

Incorporated in 1992 near Kochi, Kerala, Kitex Garments Limited is a leading Indian manufacturer and the world's second-largest producer of infant garments. Part of the Anna-Kitex Group founded by M.C. Jacob, it specializes in exporting cotton and organic cotton garments to major US and European brands like Walmart and Amazon. 

Key Historical & Business Milestones:

• Establishment & Growth: Established in 1992, the company saw substantial growth from a ₹1.8 crore turnover in 1995-96 to over ₹524 crores by 2014-15.
• Market Position: It is a 100% export-oriented unit focusing on infant and children's apparel (0-24 months).
• Corporate Actions: The company has split its face value of shares from ₹10 to ₹1 in 2005 and has a history of issuing bonus shares, including a 2:1 bonus in January 2025.
• Leadership & Structure: The company is currently led by Chairman and Managing Director Mr. Sabu M. Jacob, operating as a publicly listed entity on the NSE and BSE.
• Recent Developments: In 2021, the company announced major investments in Telangana, aiming to set up a new facility in Warangal. 

Kitex Garments is noted for its "Yarn to Garments" vertical integration and strong commitment to sustainability.