Thursday, 25 March 2021

Indo Count Executive Vice Chairman honoured with The Economic Times Business Leader Award 2021

Mr. Mohit Jain bags prestigious accolade in ‘Youth Icon Textiles’ Category

India, 25th March 2021: Indo Count Industries Ltd., one of India’s largest Home Textile manufacturers announces that its Executive Vice Chairman, Mr. Mohit Jain, has been honoured with The Economic Times Business Leader - Youth Icon Textiles award 2021. The corporate distinction was presented to him at The Economic Times Business Leader Awards 2021, held on Saturday, 13th March 2021, at The Leela, Mumbai in the presence of esteemed guests.

The 2021 edition of the Awards aimed to bring to the forefront noteworthy business leaders who are spearheading our economy by inspiring accelerated and sustainable growth in their respective fields, post the unprecedented COVID Crisis. Mr. Mohit Jain has been actively steering growth at Indo Count, with his exemplary vision and vast experience in the textile domain. The company’s key leadership roles constitute highly distinguished professionals, inspiring next generation entrepreneurs, and Indo Count has received several prized accolades in its near 30-year history. Some recent honours include Texprocil’s Gold Trophy for the highest export performance in 2018-19, and the Pride of Maharashtra Award under the category of ‘Best Company of the year’ in 2019.

Commenting on the illustrious achievement, Mr. Mohit Jain, Executive Vice Chairman of Indo Count Industries Ltd. stated, “At Indo Count, our key focus has always been to weave an unforgettable legacy of corporate excellence and exceptional service. And it is indeed a great honour to be recognized for the same, as we continue to transform the world of textiles, one thread at a time.”

About Indo Count Industries Ltd.

Indo Count Industries Ltd (ICIL), is one of India’s largest Home Textile manufacturer. Mr. Anil Kumar Jain, Executive Chairman, has been ranked 10th amongst the India’s Best Top 100 CEO’s 2017 by Business Today. Under his leadership, the Company has focused on some of the world’s finest fashion, institutional and utility bedding & sheets and has built significant presence across the globe. Over the years, the Company has successfully carved out a niche for itself and has become a total bedding resource. The company’s annual capacity is 90 million meters.

CARE’s credit rating is CARE A+ (Single A Plus; Outlook: Stable) for Company’s Long-Term Bank Facilities and CARE A1 (Single A One) for Short Term Bank Facilities. ICRA’s credit rating is ICRA A+ (Single A plus; Outlook Positive) for Company’s Long-Term Bank Facilities and ICRA A1+ (A one plus) for Short Term Bank facilities.

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