The world’s biggest handicraft manufacturer, Pata-Sampath Industries, has made a fortune off India’s biggest textile industry, according to a new report.
The firm, which has a factory in the state of Gujarat, manufactures cotton in India, making up over a third of the world total.
The company’s factories are in Bengaluru, Mumbai, Chennai, Hyderabad, Kolkata, and Ahmedabad.
PataSampathy Industries has been operating in the country since the mid-1980s, but its global presence has only increased since the early 2000s.
According to the report, PATA-Sampseth manufactures between 10 and 20 million garments a year, with a total output of about 20 million pieces.
This number includes the cotton, wool, and wool blends it sells to a range of brands, including Jansport, J&M, Patisserie, Patagonia, and other international brands.
The Pata Sampath brand is popular among women in India and globally, especially in Asia, the report said.
The Indian textile industry has been plagued by rampant corruption and the collapse of textile factories.
This has led to a loss of thousands of jobs, with some textile factories being closed down due to falling production.
The report found that the Pata Sapath brand also contributes to a thriving industry in India’s southern states, where the majority of textile exports are made.
This makes Pata sapath a major force in the Indian textile market, with many textile manufacturers, especially large, established companies, using the brand to expand into India.
“We are a leading brand in the textile industry in southern India, but we also export to China, the Middle East, South Asia, Europe, and North America,” said Vipul Kumar, managing director of Pata Sarastra, the company’s parent company.
“So, we have become a global brand that is used by many other companies and our global brand is very important.”
Pata sarastra was founded in 1871 and is the oldest textile producer in India.
Its factory in Patna has produced cotton for over 300 years.
The facility is now one of the biggest in India with over 20,000 workers.
The factories in the region have a combined workforce of around 2.2 million people, according the report.
PATA Sarastras India manufacturing operations have been shut down by the Indian government after the collapse in the global textile industry.
According the PATA sarastras global headquarters in Bangalore, the global business has been restructured and is now focused on “new technologies, new manufacturing technologies, and a new product category.”
This includes a new line of garments and other products, according a Pata sampath spokesperson.
“Since we are focused on new products and technologies, we will continue to focus on expanding our product portfolio,” he said.
“There is a focus on increasing our workforce and bringing in more staff and staff members to meet the growing demand.”
The report noted that the company had lost about 2,500 employees since 2016, with about a third (approximately 2,200) in Bengal, Hyder, Kalyan, Chennai and Ahmedpur.
The loss of jobs has contributed to the economic decline in the entire textile industry and resulted in a significant reduction in Pata saampas annual turnover, the PTA said.
PTA Sarastres India operations, which are spread across two factories in Bengal and Hyderabad and another in Ahmedpur, employ roughly 1,000 people, the spokesperson said.
A spokesperson for Pata Sasthas parent company, PTA Sangam, said the company was “unable to give any figures on the number of employees affected by the closure of PTA Sampaths factories in 2017 and the extent of the loss of employment.
However, Pta sarastas operations are not profitable, and it is not possible to make any forecasts on the future of our business.”
The spokesperson added that the report showed the company is working to diversify its operations.
“Our global workforce of about 1.2 lakh people is more than sufficient to meet demand in new markets and is well-positioned to meet market demands for future products,” he added.