Schedule a Call Back
Moglix acquires Khatema Fibres
Industry News- Nov 25,24
This acquisition complements Moglix’s recent launch of next day delivery in over 12 cities, soon expanding to 40, and marks another step toward meeting the evolving needs of the B2B segment with speed and reliability.
Moglix, one of Asia's leading and fastest-growing B2B commerce companies, has acquired of Khatema Fibres, a renowned manufacturer of eco-friendly paper products. This acquisition represents a significant step in Moglix’s mission to lead in industrial procurement and sustainable packaging, aligning with India’s vision of a Viksit Bharat.
Expanding its footprint in Uttarakhand, Moglix aims to support the state’s industrial growth by creating jobs, promoting skill development, and enhancing local manufacturing capabilities. Through its integration with Khatema Fibres, Moglix will also improve local infrastructure and open new market opportunities for farmers and artisans, supporting community growth and prosperity.
Founded in 1990 in Khatema, Uttar Pradesh, Khatema Fibres is known for specializing in sustainable paper manufacturing with an annual capacity of 50,000 metric tons. The company offers a diverse range of eco-friendly products, including specialty high-strength kraft paper, interleaving paper, machine-glazed and machine-finished papers, various tissue options, sublimation paper, virgin test liners, and food-grade packaging solution
The addition of Khatema Fibres broadens Moglix’s product portfolio, reinforcing its market position and operational efficiency. This acquisition complements Moglix’s recent launch of next day delivery in over 12 cities, soon expanding to 40, and marks another step toward meeting the evolving needs of the B2B segment with speed and reliability.
Rahul Garg, Founder and CEO, Moglix, shared, “We are delighted to welcome Khatema Fibres into the Moglix family. This acquisition not only expands our manufacturing footprint but enables us to deliver even greater value as we meet the dynamic demands of the market. Our commitment to supporting India’s vision of a Viksit Bharat by 2047 remains steadfast.”
By leveraging Khatema’s manufacturing expertise, Moglix plans to further integrate and diversify its offerings, reducing lead times and ensuring efficient delivery. Khatema Fibres’ sustainable product range reinforces Moglix’s dedication to environmentally conscious solutions.
This acquisition strengthens Moglix’s presence in the B2B sector and sets new standards for excellence in industrial procurement, reinforcing its role in transforming the industry both in India and globally.
Related Stories
Plastic, Packaging & Printing
Moglix acquires Khatema Fibres
This acquisition complements Moglix’s recent launch of next day delivery in over 12 cities, soon expanding to 40, and marks another step toward meeting the evolving needs of the B2B segment with s..
Read morePlastic, Packaging & Printing
Paper manufacturers to invest Rs 250 billion in capacity and technology
Naini Papers is investing Rs 20 billion in a 125,000 tonne plant in Uttarakhand to produce paper pouches, intended to replace single-use plastics in food packaging.
Read morePolicy Regulation
Budget 2024-25: Analysis of Budget impact on MSMEs
The budget places special attention on MSMEs and labour-intensive manufacturing, introducing a new assessment model for MSME credit by public sector banks based on digital footprints rather than onl..
Read moreRelated Products
Automatic Food Snacks Packaging Machine
PACKAGING, BARCODING & PRINTING EQUIPMENT
Grace Food Processing & Packaging Machinery offers
automatic food snacks packaging machine.
Collar Type Servo Auger Machine
PACKAGING, BARCODING & PRINTING EQUIPMENT
All India Packing Machines offers collar type servo auger machine. Read more
Shrink Tunnel
PACKAGING, BARCODING & PRINTING EQUIPMENT
Vista Technopack Machines offers a range of online shrink tunnel with L sealers. Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
