Alok Industries Limited: Expanding Horizons
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The company also has a strong presence in polyester textured yarn with a capacity of 85000 tons per annum, which is being supplemented by 47000 tons per annum of POY. The company has a blue chip international customer base comprising of world renowned retailers, importers and brands. In less than two decades, Alok has grown into a diversified manufacturer of world-class home textiles, apparel fabrics, garments and polyester yarns selling directly to manufacturers, exporters, importers, retailers and brands the world over. In 1993, Alok became a public limited company and since then they have continued to increase the scale of their operations and the range of their activities. Today, Alok is amongst the A Group listed companies on India's leading stock exchanges. In less than two decades, Alok has grown to become a diversified manufacturer of world-class home textiles, apparel fabrics, garments and polyester yarns selling directly to manufacturers, exporters, importers, retailers and brands the world over. No wonder, Alok is amongst the fastest growing vertically integrated textile companies in India.
Strategic Acquisitions and Alliances
Marketing Alliance with Teviz Textil Vizela SA (Teviz), a European manufacturer of high end yarn dyed shirting.
Strategic alliance for getting Teviz’s products manufactured at Alok. The Portugal based Teviz will provide the necessary technical support and design inputs to Alok. Acquisition of majority stake in Mileta International, a leading Czech based manufacturer of high quality shirting fabrics, voiles, table linen, bed linen and exclusive handkerchiefs.The Alok group also has acquired stake in a UK retail company Hamsard, through which it will leverage its India operations.It is promoted by Alok Industries Limited, the flagship Company of ALOK Group (Mumbai) and in Technical and financial collaboration with Grabal, Albert Grabher Gessellschaft m.b.H. & Co. of GRABAL Group (Austria).
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