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LEMERITE

Le Merite Exports Ltd

Industry: Textiles

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About Le Merite Exports Ltd

Overview

Le Merite Exports Ltd (LEMERITE) is a textile company headquartered in Mumbai, India. It was founded in 2003 and is engaged in the manufacturing and trading of cotton yarn, greige fabric, and finished fabric. The company has a strong presence in the export market, with customers in over 40 countries.

History

Le Merite Exports Ltd was founded in 2003 by Abhishek Lath and Rohit Agarwal. The company started out as a small trading company, but it quickly grew to become a leading exporter of cotton yarn and fabrics. In 2012, Le Merite Exports Ltd set up its own manufacturing unit in Amravati, Maharashtra. This expansion helped the company to increase its production capacity and meet the growing demand for its products.

How it operates

Le Merite Exports Ltd operates through three verticals:

  • Manufacturing of cotton yarn: The company has a state-of-the-art manufacturing unit in Amravati, Maharashtra. The unit has a capacity to produce 12,000 tonnes of cotton yarn per year.
  • Trading of cotton yarn: Le Merite Exports Ltd is a leading trader of cotton yarn in India. The company has a wide network of suppliers and buyers across the globe.
  • Trading of greige and finished fabric: Le Merite Exports Ltd also trades in greige and finished fabric. The company sources its products from leading manufacturers in India and abroad.
  • The future

    Le Merite Exports Ltd is well-positioned for future growth. The company has a strong brand name, a loyal customer base, and a competitive edge in terms of quality and price. The company is also expanding its product range and entering new markets. In the next few years, Le Merite Exports Ltd is expected to become a leading player in the global textile industry.

    Conclusion

    Le Merite Exports Ltd is a well-managed company with a bright future. The company is committed to providing high-quality products and services to its customers. Le Merite Exports Ltd is also committed to social responsibility and has been involved in several CSR initiatives.

    Official website

    The official website of Le Merite Exports Ltd is https://www.lemeriteexports.com/.

    Milestones

  • 2003: Le Merite Exports Ltd is founded by Abhishek Lath and Rohit Agarwal.
  • 2012: Le Merite Exports Ltd sets up its own manufacturing unit in Amravati, Maharashtra.
  • 2015: Le Merite Exports Ltd becomes a publicly listed company.
  • 2020: Le Merite Exports Ltd expands its product range to include greige and finished fabric.
  • 2023: Le Merite Exports Ltd enters new markets in Africa and the Middle East.
  • Additional information and interesting facts

  • Le Merite Exports Ltd is a certified B Corp. This means that the company meets high standards of social and environmental performance, accountability, and transparency.
  • Le Merite Exports Ltd is a member of the Cotton Council International. This is a non-profit organization that promotes the use of cotton around the world.
  • Le Merite Exports Ltd is a regular sponsor of the Le Merite Foundation. This foundation provides financial assistance to underprivileged children in India.
  • Brands and companies

  • Le Merite Exports Ltd owns the Le Merite brand. This brand is well-known in the global textile industry.
  • Le Merite Exports Ltd also trades in products from other leading brands, such as Vardhman, Alok, and Century.
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    Le Merite Exports Ltd Fundamental Analysis

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