Gangotri Textiles Ltd, established in 1989, is a vertically integrated textile company specializing in recycling waste, spinning, weaving, processing, and garment manufacturing. With facilities in Coimbatore, Maharashtra, Dindigul, and Erode, the company produces cotton, elastic, specialty yarns, fabrics, and readymade garments under brands like Tibre, Fugo, and E Gen.
Initially focusing on cotton waste recycling, Gangotri Textiles expanded its operations significantly over the years, setting up multiple spinning units and entering the ready-made garments market in 2000. Despite its growth, including modernization and renewable energy initiatives, the company faced challenges leading to asset liquidation by lenders in 2022-23, halting manufacturing operations.
