Gokak Textiles Limited, originally ANS Textiles (Bangalore) Limited, underwent a name change in January 2007 following the transfer of the textile division from Forbes Gokak Limited. The company specializes in manufacturing a range of textile products, including cotton and blended yarn, industrial fabrics, terry towels, and garments such as t-shirts and undergarments. It is part of a network of subsidiaries under Forbes & Company Limited, sharing affiliations with companies like Eureka Forbes Ltd. and Forbes Technosys Limited.
The company also operates three power plants with a total capacity of 10.8 MW, and it established a wholly-owned subsidiary, Gokak Power & Energy Ltd., in 2012. This subsidiary took over the hydro power business from Gokak Textiles for Rs. 120 Crores. These diversified operations underline Gokak Textiles' capability in both the textile and energy sectors, potentially offering stability and growth opportunities for investors.
