27.01.2017 - 31.01.2017 — Hall: 9.2 Stand: F 24
Orbit Exports Limited (“OEL”) was originally incorporated in the State of Maharashtra on 16th September, 1983 in the name and style of Orbit Exports Private Limited under the Companies Act, 1956. It was subsequently changed to a Public Limited Company under Section 31/ 44 of the Companies Act, 1956 and OEL obtained fresh Certificate of Incorporation dated 30th September, 1994 confirming the conversion of OEL from Private Limited to Public Limited Company. Further the Company got listed with BSE Limited on 23rd Feb, 1995. The Company also got listed on National Stock Exchange of India Limited (NSE) on 15th Nov, 2013.
OEL is currently engaged in the manufacture and trading of Jacquard and Dobby fabrics which are used for dress material, drapery, trimmings and Christmas Decorations like Ribbons & Made ups etc.
The main promoters of the Company are Mr. Pankaj Seth and Ms. Anisha Seth.
The Company has got got its credit rating upgraded from ICRA to A (Stable) for Long Term fund based facilities and A1 for Short term fund based facilities.
In the year 2010 the Company invested in the Greenfield projects in Kosamba Gujarat to expand the manufacturing base of the Company. The state of the art technology gave orbit a competitive edge in international markets. In Kosamba Factory the Company has 100 looms with a manufacturing capacity of approx. 80 lacs metres p.a.
The Company is exporting to approx. 32 countries consisting 65% of exports of total sales.
The major customers of the Company are Jo-Ann Stores, Inc., Pacific Bridal, Adrianna Papell, Dessy Group, Zara, Hobby- Lobby , The Home depot , Michaels Stores , Costco Etc.
Christmas Crafts are pre-made Christmas decorations made by Orbit Exports. This includes decorations such as Christmas stockings, tree skirts, table runners, and more.
Designs are developed by our In house designers, they create designs as per the machine language and according to the demands from the customers. Different textile designing software’s are used on Jacquard for creating different designs.
Designers play on the fabric with Jacquard with different types of yarns with different colors and its keeps changing from season to season.
Our fabric are used for the following purposes:
Evening and high fashion garments.
Decorative home furnishing
The fabrics are also used in Church draping.
These fabrics find high utility in U.S., Europe and Latin America
OEL is specialized in novelty Jacquard Fabrics and Christmas Decorations like Ribbons & Made ups. It now supplies 70% of all Jacquard made from India for Apparel Wear to Clients in USA, UK, Europe, UAE, FAR EAST.
OEL Novelty fabrics include below majorly below categories
Brief Write ups on the Product Categories
Faux Silks: These are all basic fabrics similar to silk patterns and as well as linen look fabrics.
Brocades: These all are form of Jacquard Fabrics. They are metallic decorative fabrics.
Carnival/ Decorative: These are festival seasonal fabrics.
Xmas Crafts: Xmas made ups are used for Xmas decorations.
OEL is one of the largest manufacturers of Jacquard Fabrics in India. OEL is also one of the largest exporters of Christmas Ribbons and Made-ups from India. The manufacturing capacity of OEL is doubled since last year to cater to growing demands for Jacquard Fabrics.
Orbit deals in fancy textiles that finds its usage in:
Hi fashion evening wear garments;
Making decorative home furnishings;
Christmas/ Carnival/ Halloween/ Easter festivals, etc;
Churches (Iglesias); etc.
Orbit focuses constantly on developing new and innovative fabric designs with best product quality.
Orbit specializes in its manufacturing capacity as the Company has installed ultra modern fully automated electronically controlled Jacquard & Dobby Looms, state of art warping machines and ultra modern processing machines. Through these machineries the company can manufacture most intricate designs with specialized yarns like polyester yarns in different deniers & cottons, acrylics and Metallic yarns.
Orbit has core strength in marketing value added fabrics and metallic brocades to niche markets around the globe. The fabrics have a high demand in countries like U.S., Europe, Latin America. The Company sells fabrics to specialized buyers.