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Co-optex

Full company profile

uuid002ehss

Namestring
Co-optex
Legal namestring
Co-optex
Websiteurl
cooptex.gov.in
Company typeenum
Private
Founded yearint
1935
Descriptiontext

Co-optex is an undertaking of the Government of Tamil Nadu, headquartered at 350 Pantheon Road, Egmore, Chennai, and traces its operating history to 1935. The company retails traditional handloom and textile products through an owned e-commerce storefront, company-operated physical showrooms across Tamil Nadu, and an emerging franchise network. Its catalog spans approximately 3,009 listed products across Women (silk sarees, cotton sarees, silk-cotton sarees, organic cotton, handblock printed, kalamkari, kurtis, ready-to-wear sarees), Men (dhotis, lungies, shirts), Kids (organic wear, Pattu Pavadai), Home Textiles (bedsheets, curtains, jamakkalam, towels, yoga mats, digital 7D printed bedsheets), and Corporate Gifts (heritage dining, eco kitchen, tea host, bamboo, beach sets). Pricing is unit-based and ranges from approximately ₹714 for basic products to ₹35,624 for premium Kancheepuram-class silk sarees, with no subscription or recurring component. Co-optex's business model is direct-to-consumer retail supplemented by franchise expansion; revenue mechanics are one-time transactional sales through both online and physical channels, with a stated Expression of Interest inviting franchisees in India and abroad. Customer concentration is distributed across individual consumers seeking authentic regional handloom textiles, with a secondary corporate gifting vertical. The company is publicly associated with the Tamil Nadu state logo, runs an annual Best Weaver Award program, and engages Xenovex Technologies for website development and maintenance. No AI capabilities, funding rounds, acquisitions, patents, or external equity stakeholders are disclosed in the input data.

Short descriptiontext

Co-optex is a Government of Tamil Nadu undertaking that retails traditional handloom textiles — silk and cotton sarees, men's and kids' wear, home textiles, and corporate gifts — through owned showrooms, an e-commerce platform, and a franchise network serving Indian consumers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersChennai, India
HQ citystring
Chennai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
handloom textiles, traditional silk sarees, cotton sarees, corporate gifting, home furnishings
Industry1 code
1Luxury & Couture / Small-Batch Cut & Sew
CodeIMAOAEALPrimaryYes
NAICS code3 codes
  • Apparel Manufacturing315
  • Broadwoven Fabric Mills313210
  • Textile Product Mills314
SIC code4 codes
  • Apparel & Other Finishd Prods Of Fabrics & Similar Matl2300
  • Broadwoven Fabric Mills, Man Made Fiber & Silk2221
  • Broadwoven Fabric Mills, Cotton2211
  • Textile Mill Products2200
Product category
Traditional Handloom Textiles and Sarees
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Retail Sales - E-commerce and Showrooms
TypeOne Time License
Description

Direct retail sales of handloom textiles including silk sarees, cotton sarees, and home textiles through owned e-commerce platform and physical showrooms. Transaction-based sales with one-time purchases per product.

cooptex.com
2Franchise Revenue
TypeOne Time License
Description

Revenue generated through franchise partnerships where franchisees operate Co-optex branded shops. Franchise opportunities are invited for India and abroad.

cooptex.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Pricing details3 tiers
1Premium Silk Sarees (Kancheepuram, Arni, Thirubuvanam)
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Price range approximately ₹19,000 - ₹35,624 for premium silk sarees with blouse piece

cooptex.com
2Cotton and Silk Cotton Sarees
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Price range approximately ₹2,000 - ₹9,000 for cotton and silk cotton sarees

cooptex.com
3Entry Level / Basic Products
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Starting prices from ₹714 for basic PL Sarees Kerala Self

cooptex.com
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Co-optex is a Government of Tamil Nadu Undertaking that manufactures, sources, and retails traditional Indian handloom textiles including silk sarees, cotton sarees, men's wear, children's wear, and home textiles. The company operates an e-commerce platform and physical showrooms, offering over 3,009 products spanning regional craft specializations across Tamil Nadu. It also provides curated corporate gift collections for business buyers.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Co-optex is a Government of Tamil Nadu Undertaking operating an e-commerce platform for handloom and textile products. The company offers a diverse portfolio of traditional Indian textiles primarily focused on sarees (women's garments) across multiple categories: Silk Sarees (including Kancheepuram, Arni, Thirubuvanam, and Salem varieties), Soft Silk Sarees, Silk Cotton Sarees, Cotton Sarees from regional weavers across Tamil Nadu, Organic Cotton Sarees, Art Silk by Cotton, Western Wear, Handblock Printed Sarees, and specialty items like Kalamkari, Kerala Sarees, and Kodali Karuppur Revival Sarees. The product line extends to men's wear (dhotis, lungies, shirts), children's wear, home textiles (bedsheets, curtains, towels, jamakkalam), and corporate gift collections. The platform features 3009 available products and ships throughout India.

Product and service20 records
1Silk Sarees (Women)
CategoryWomen's Traditional Wear
Description

Traditional silk sarees including Kancheepuram, Arni, Thirubuvanam, Arni Temple Border, and Salem varieties featuring fine zari work and regional weaving techniques. Targeted at women seeking premium traditional Indian sarees for bridal, ceremonial, and formal ethnic occasions.

2Soft Silk Sarees
CategoryWomen's Traditional Wear
Description

Soft silk sarees including Coimbatore Soft Silk and Palani Tie & Dye Soft Silk varieties. Targeted at women seeking lighter silk drape for daily and occasion wear.

3Silk Cotton Sarees
CategoryWomen's Traditional Wear
Description

Silk cotton blend sarees including Vanasingaram, Koorainadu, Kovai Kora, Thousand Butta, Chinnalapatti Tie & Dye, and Paramakudi varieties for women's traditional and daily wear.

4Cotton Sarees
CategoryWomen's Traditional Wear
Description

Handloom cotton sarees from Tamil Nadu regions including Aruppukottai, Chettinadu, Coimbatore, Negamam, Thousand Butta, Dindigul, Jayankondam, Madurai Sungudi, Manamedu, Paramakudi, Ponnai, Salem, and Kanchi. Targeted at women seeking daily-wear handloom cotton sarees.

5Organic Cotton Sarees
CategoryWomen's Traditional Wear
Description

Organic cotton sarees including Madurai Organic Cotton and Vadambachery Organic Cotton varieties for women seeking chemical-free, handloom organic traditional wear.

6Handblock Printed Sarees
CategoryWomen's Traditional Wear
Description

Handblock printed sarees including Salem, Manamedu, and Cotton Block Printed varieties using traditional block printing techniques. Targeted at women seeking printed traditional wear.

7Western Wear (Women)
CategoryWomen's Contemporary Wear
Description

Women's western attire including Kurtis, Indigo Blue Kurthis, Tie & Dye Butta garments, Poly Rayon Slub Embroidery, Poly Rayon Slub & Brocade collection, and Printed Kurtha. Targeted at women seeking contemporary handloom-based apparel.

8Ready to Wear Saree
CategoryWomen's Traditional Wear
Description

Pre-stitched ready-to-wear sarees designed for easy draping without traditional pleating. Targeted at women seeking convenient traditional wear.

9Silk Dhotis (Men)
CategoryMen's Traditional Wear
Description

Traditional silk dhotis for men, suitable for weddings, festivals, and ceremonial occasions.

10Handloom Cotton Dhoti (Men)
CategoryMen's Traditional Wear
Description

Handloom cotton dhotis for men for daily and traditional wear.

11Readymade Shirts (Men)
CategoryMen's Wear
Description

Ready-made shirts for men including Wrinkle Free, Printed, and Indigo Blue varieties.

12Lungies (Men)
CategoryMen's Traditional Wear
Description

Traditional lungies for men for daily comfort wear.

13Dhotis (Men)
CategoryMen's Traditional Wear
Description

Standard dhotis for men for traditional and daily use.

14Organic Kids Wear
CategoryKids' Wear
Description

Organic clothing for children made with natural fibers.

15Pattu Pavadai Sattai
CategoryKids' Traditional Wear
Description

Traditional Pattu Pavadai dress for children for cultural ceremonies and festivals.

16Bedsheets
CategoryHome Textiles
Description

Home textile bedsheets including Meerut Printed, Jacquard, Export, and Artsilk varieties for household use.

17Curtains
CategoryHome Textiles
Description

Home curtains including Door Curtains and Window Curtains for household furnishing.

18Jamakkalam
CategoryHome Textiles
Description

Traditional Bhavani Jamakkalam floor mats/rugs for household use.

19Digital 7D Printed Bedsheet
CategoryHome Textiles
Description

Advanced 7D digital printed bedsheets with enhanced visual depth and detail.

20Corporate Gifts Collection
CategoryCorporate Gifting
Description

Curated corporate gift sets including Luxury Heritage Dining Collection, Eco Kitchen Set, Tea Host Set, Eco Lux Bamboo Collection, and Beach Set. Targeted at corporate clients for employee gifting, client appreciation, and festival gifting needs.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Pan-India handloom and ethnic apparel retailer offering sarees, kurtas, home textiles, and organic fabrics. Comparable in handloom positioning, regional craft sourcing, and DTC retail (stores + e-commerce) model.

TypeBroad incumbent
Description

Large online fashion marketplace with significant ethnic and saree assortment. Comparable as a competing online apparel channel for traditional Indian wear, though Myntra's breadth spans western and fusion wear as well.

TypeEmerging player
Description

D2C and offline ethnic wear brand for women offering kurtas, suits, and fusion sets. Comparable as a competing modern channel for traditional Indian women's apparel, with a stronger digital-first orientation than Co-optex.

TypeEmerging player
Description

Ethnic wear brand focused on men's traditional and occasion wear with strong franchise-led retail. Comparable in franchise expansion model and ethnic apparel positioning, though focused more on occasion wear than sarees.

TypeDirect peer
Description

Heritage Indian silk saree retailer with physical showrooms and online store, directly competing with Co-optex in Kancheepuram and traditional silk saree categories. Highly comparable in product mix, regional craft depth, and price positioning.

TypeDirect peer
Description

Large South Indian textile and saree chain with both online and showroom presence, offering silk, cotton, and traditional wear. Directly comparable in assortment (sarees, dhotis, men's and women's traditional wear) and Tamil Nadu heritage customer base.

TypeBroad incumbent
Description

Omnichannel Indian retailer carrying ethnic and traditional wear alongside broader categories. Comparable as a digital sales channel competing for traditional saree and apparel purchases online.

TypeBroad incumbent
Description

National government-backed handloom and khadi retailer with extensive store network. Comparable as a public-sector undertaking selling handloom apparel and home textiles, though broader and less regionally focused than Co-optex.

TypeDirect peer
Description

Chennai-based traditional saree and textile retailer with multi-store and online operations. Competes head-on with Co-optex in silk sarees, cotton sarees, and ethnic wear across Tamil Nadu.

TypeDirect peer
Description

West Bengal government undertaking selling handloom saris and textiles via showrooms and online. Comparable as a state-owned handloom retail platform serving a regional consumer base.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Co-optex

Traditional Handloom Textiles and Sareescooptex.gov.in

Co-optex is a Government of Tamil Nadu undertaking that retails traditional handloom textiles — silk and cotton sarees, men's and kids' wear, home textiles, and corporate gifts — through owned showrooms, an e-commerce platform, and a franchise network serving Indian consumers.

What Co-optex does

Co-optex is an undertaking of the Government of Tamil Nadu, headquartered at 350 Pantheon Road, Egmore, Chennai, and traces its operating history to 1935. The company retails traditional handloom and textile products through an owned e-commerce storefront, company-operated physical showrooms across Tamil Nadu, and an emerging franchise network. Its catalog spans approximately 3,009 listed products across Women (silk sarees, cotton sarees, silk-cotton sarees, organic cotton, handblock printed, kalamkari, kurtis, ready-to-wear sarees), Men (dhotis, lungies, shirts), Kids (organic wear, Pattu Pavadai), Home Textiles (bedsheets, curtains, jamakkalam, towels, yoga mats, digital 7D printed bedsheets), and Corporate Gifts (heritage dining, eco kitchen, tea host, bamboo, beach sets). Pricing is unit-based and ranges from approximately ₹714 for basic products to ₹35,624 for premium Kancheepuram-class silk sarees, with no subscription or recurring component. Co-optex's business model is direct-to-consumer retail supplemented by franchise expansion; revenue mechanics are one-time transactional sales through both online and physical channels, with a stated Expression of Interest inviting franchisees in India and abroad. Customer concentration is distributed across individual consumers seeking authentic regional handloom textiles, with a secondary corporate gifting vertical. The company is publicly associated with the Tamil Nadu state logo, runs an annual Best Weaver Award program, and engages Xenovex Technologies for website development and maintenance. No AI capabilities, funding rounds, acquisitions, patents, or external equity stakeholders are disclosed in the input data.

Co-optex firmographics

Firmographics
Name
Co-optex
Legal name
Co-optex
Website
https://cooptex.gov.in
Company type
Private
Founded year
1935
Operating status
Operating
Headcount range
11–50 employees
Short description
Co-optex is a Government of Tamil Nadu undertaking that retails traditional handloom textiles — silk and cotton sarees, men's and kids' wear, home textiles, and corporate gifts — through owned showrooms, an e-commerce platform, and a franchise network serving Indian consumers.
Ownership category
akta.pro rank

Co-optex industry classification

Industry
Product category
Traditional Handloom Textiles and Sarees
NAICS
Apparel Manufacturing (315), Broadwoven Fabric Mills (313210), Textile Product Mills (314)
SIC
Apparel & Other Finishd Prods Of Fabrics & Similar Matl (2300), Broadwoven Fabric Mills, Man Made Fiber & Silk (2221), Broadwoven Fabric Mills, Cotton (2211), Textile Mill Products (2200)
akta.pro primary industry
Luxury & Couture / Small-Batch Cut & Sew (IMAOAEAL)

Keywords

  • Handloom textiles
  • Traditional silk sarees
  • Cotton sarees
  • Corporate gifting
  • Home furnishings

Where Co-optex is headquartered

Location

Headquarters

HQ city
Chennai
HQ country
India
HQ region
Asia

Offices1 record

Markets served

Co-optex business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

  1. Retail Sales - E-commerce and Showrooms: Direct retail sales of handloom textiles including silk sarees, cotton sarees, and home textiles through owned e-commerce platform and physical showrooms. Transaction-based sales with one-time purchases per product.
  2. Franchise Revenue: Revenue generated through franchise partnerships where franchisees operate Co-optex branded shops. Franchise opportunities are invited for India and abroad.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goPremium Silk Sarees (Kancheepuram, Arni, Thirubuvanam)
Unit PricingPay-as-you-goCotton and Silk Cotton Sarees
Unit PricingPay-as-you-goEntry Level / Basic Products

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Co-optex product offering

Product offering

Core offering

Co-optex is a Government of Tamil Nadu Undertaking that manufactures, sources, and retails traditional Indian handloom textiles including silk sarees, cotton sarees, men's wear, children's wear, and home textiles. The company operates an e-commerce platform and physical showrooms, offering over 3,009 products spanning regional craft specializations across Tamil Nadu. It also provides curated corporate gift collections for business buyers.

Product overview

Co-optex is a Government of Tamil Nadu Undertaking operating an e-commerce platform for handloom and textile products. The company offers a diverse portfolio of traditional Indian textiles primarily focused on sarees (women's garments) across multiple categories: Silk Sarees (including Kancheepuram, Arni, Thirubuvanam, and Salem varieties), Soft Silk Sarees, Silk Cotton Sarees, Cotton Sarees from regional weavers across Tamil Nadu, Organic Cotton Sarees, Art Silk by Cotton, Western Wear, Handblock Printed Sarees, and specialty items like Kalamkari, Kerala Sarees, and Kodali Karuppur Revival Sarees. The product line extends to men's wear (dhotis, lungies, shirts), children's wear, home textiles (bedsheets, curtains, towels, jamakkalam), and corporate gift collections. The platform features 3009 available products and ships throughout India.

Differentiator

Problem solved

Functional benefit

Products and services

  • Silk Sarees (Women) Traditional silk sarees including Kancheepuram, Arni, Thirubuvanam, Arni Temple Border, and Salem varieties featuring fine zari work and regional weaving techniques. Targeted at women seeking premium traditional Indian sarees for bridal, ceremonial, and formal ethnic occasions.
  • Soft Silk Sarees Soft silk sarees including Coimbatore Soft Silk and Palani Tie & Dye Soft Silk varieties. Targeted at women seeking lighter silk drape for daily and occasion wear.
  • Silk Cotton Sarees Silk cotton blend sarees including Vanasingaram, Koorainadu, Kovai Kora, Thousand Butta, Chinnalapatti Tie & Dye, and Paramakudi varieties for women's traditional and daily wear.
  • Cotton Sarees Handloom cotton sarees from Tamil Nadu regions including Aruppukottai, Chettinadu, Coimbatore, Negamam, Thousand Butta, Dindigul, Jayankondam, Madurai Sungudi, Manamedu, Paramakudi, Ponnai, Salem, and Kanchi. Targeted at women seeking daily-wear handloom cotton sarees.
  • Organic Cotton Sarees Organic cotton sarees including Madurai Organic Cotton and Vadambachery Organic Cotton varieties for women seeking chemical-free, handloom organic traditional wear.
  • Handblock Printed Sarees Handblock printed sarees including Salem, Manamedu, and Cotton Block Printed varieties using traditional block printing techniques. Targeted at women seeking printed traditional wear.
  • Western Wear (Women) Women's western attire including Kurtis, Indigo Blue Kurthis, Tie & Dye Butta garments, Poly Rayon Slub Embroidery, Poly Rayon Slub & Brocade collection, and Printed Kurtha. Targeted at women seeking contemporary handloom-based apparel.
  • Ready to Wear Saree Pre-stitched ready-to-wear sarees designed for easy draping without traditional pleating. Targeted at women seeking convenient traditional wear.
  • Silk Dhotis (Men) Traditional silk dhotis for men, suitable for weddings, festivals, and ceremonial occasions.
  • Handloom Cotton Dhoti (Men) Handloom cotton dhotis for men for daily and traditional wear.
  • Readymade Shirts (Men) Ready-made shirts for men including Wrinkle Free, Printed, and Indigo Blue varieties.
  • Lungies (Men) Traditional lungies for men for daily comfort wear.
  • Dhotis (Men) Standard dhotis for men for traditional and daily use.
  • Organic Kids Wear Organic clothing for children made with natural fibers.
  • Pattu Pavadai Sattai Traditional Pattu Pavadai dress for children for cultural ceremonies and festivals.
  • Bedsheets Home textile bedsheets including Meerut Printed, Jacquard, Export, and Artsilk varieties for household use.
  • Curtains Home curtains including Door Curtains and Window Curtains for household furnishing.
  • Jamakkalam Traditional Bhavani Jamakkalam floor mats/rugs for household use.
  • Digital 7D Printed Bedsheet Advanced 7D digital printed bedsheets with enhanced visual depth and detail.
  • Corporate Gifts Collection Curated corporate gift sets including Luxury Heritage Dining Collection, Eco Kitchen Set, Tea Host Set, Eco Lux Bamboo Collection, and Beach Set. Targeted at corporate clients for employee gifting, client appreciation, and festival gifting needs.

Companies that use Co-optex

Customer profile

Named customers2 records

Segments5 records

Ideal customer profiles2 records

Co-optex technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Co-optex partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Co-optex competitors and assessment

Company assessment

Direct peers

  • Fabindia: Pan-India handloom and ethnic apparel retailer offering sarees, kurtas, home textiles, and organic fabrics. Comparable in handloom positioning, regional craft sourcing, and DTC retail (stores + e-commerce) model.
  • Nalli Silk Sarees: Heritage Indian silk saree retailer with physical showrooms and online store, directly competing with Co-optex in Kancheepuram and traditional silk saree categories. Highly comparable in product mix, regional craft depth, and price positioning.
  • Pothys: Large South Indian textile and saree chain with both online and showroom presence, offering silk, cotton, and traditional wear. Directly comparable in assortment (sarees, dhotis, men's and women's traditional wear) and Tamil Nadu heritage customer base.
  • Chennai Silks: Chennai-based traditional saree and textile retailer with multi-store and online operations. Competes head-on with Co-optex in silk sarees, cotton sarees, and ethnic wear across Tamil Nadu.
  • Tantuja: West Bengal government undertaking selling handloom saris and textiles via showrooms and online. Comparable as a state-owned handloom retail platform serving a regional consumer base.

Broad incumbents

  • Myntra: Large online fashion marketplace with significant ethnic and saree assortment. Comparable as a competing online apparel channel for traditional Indian wear, though Myntra's breadth spans western and fusion wear as well.
  • Tata CLiQ: Omnichannel Indian retailer carrying ethnic and traditional wear alongside broader categories. Comparable as a digital sales channel competing for traditional saree and apparel purchases online.
  • Khadi India (KVIC): National government-backed handloom and khadi retailer with extensive store network. Comparable as a public-sector undertaking selling handloom apparel and home textiles, though broader and less regionally focused than Co-optex.

Emerging players

  • Libas: D2C and offline ethnic wear brand for women offering kurtas, suits, and fusion sets. Comparable as a competing modern channel for traditional Indian women's apparel, with a stronger digital-first orientation than Co-optex.
  • Manyavar: Ethnic wear brand focused on men's traditional and occasion wear with strong franchise-led retail. Comparable in franchise expansion model and ethnic apparel positioning, though focused more on occasion wear than sarees.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Co-optex social profiles

Digital presence

Co-optex financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Co-optex leadership team

Management profile

Number of profiles

Co-optex funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Co-optex M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Co-optex

What does Co-optex do?

Co-optex is a Government of Tamil Nadu Undertaking that manufactures, sources, and retails traditional Indian handloom textiles including silk sarees, cotton sarees, men's wear, children's wear, and home textiles. The company operates an e-commerce platform and physical showrooms, offering over 3,009 products spanning regional craft specializations across Tamil Nadu. It also provides curated corporate gift collections for business buyers.

Is Co-optex a public or private company?

Co-optex is a private company. It is classified as state government owned and is currently operating.

When was Co-optex founded?

Co-optex was founded in 1935. It employs 11 to 50 people.

Where is Co-optex based?

Co-optex is headquartered in Chennai, India, in the Asia region.

How does Co-optex make money?

Two revenue lines are on record. Retail Sales - E-commerce and Showrooms are the primary driver. The others are franchise Revenue.

Who are Co-optex's main competitors?

Direct peers on record are Fabindia, Nalli Silk Sarees, Pothys, Chennai Silks and Tantuja. Broad incumbents are Myntra, Tata CLiQ and Khadi India (KVIC). Emerging players are Libas and Manyavar.

Does Co-optex have an API?

No public API is recorded for Co-optex.

What industry is Co-optex in?

Co-optex's product category is Traditional Handloom Textiles and Sarees. Its primary akta.pro industry code is IMAOAEAL, Luxury & Couture / Small-Batch Cut & Sew. Its NAICS code is 315 and its SIC code is 2300.

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The HinduCo-optex sets Deepavali festival sales target of ₹8.88 crore for outlets in Cuddalore districtCo-optex inaugurated its annual Deepavali sale in Cuddalore district on Thursday, offering a 30% discount across all products. The outlet set a sales target of ₹8.88 crore from its five centres, featuring silk and cotton sarees, quilts, and other festive items. A monthly savings scheme of ₹300 to ₹3,000 is also available.The HinduDeepavali discount sale begins at Cooptex showrooms in Dindigul, TheniDindigul Collector Durgamoorthi inaugurated Cooptex Deepavali sale at the Anna Commercial Complex showroom, setting a ₹1.22 crore sales target for the district. Theni Collector R. Vaithinathan inaugurated a similar sale with a ₹75.50 lakh target. Both districts previously met their targets last year.The HinduSpecial Deepavali discount sale begins at Cooptex showrooms in Virudhunagar districtCooptex inaugurated a Deepavali sale at its Virudhunagar showroom with 30% discounts on silk and cotton handloom goods. The district's target for the sale is ₹1.54 crore, with ₹1.26 crore already achieved this year. The sale aims to promote handloom weavers' livelihoods.The HinduTasmac employees at retail outlets across T.N. to wear uniform from November 15Tasmac employees at retail vending shops will wear uniforms from November 15, with supervisors in light blue shirts and navy trousers, and salesmen in beige shirts with dark grey trousers. Cloth will be supplied through Co-optex, with procurement by October 31 and tailoring by November 10. A ₹2,000 per set allowance will be credited annually if practical difficulties arise.The HinduDeepavali sales launched at Co-optex outlets in CoimbatoreMinister V. Sampathkumar inaugurated Deepavali sales at Co-optex outlets in Coimbatore district on Tuesday. The sales offer a 30% discount on all purchases until January 2027, with a district target of ₹5.65 crore and a regional target of ₹10 crore. A 'new for old' scheme lets customers exchange old zari silk sarees for new products.The HinduMinisters inaugurate new Cooptex showroom at SellurMinisters inaugurated the Malligai Cooptex showroom in Sellur on Tuesday, built on 6,750 sq ft at ₹4.80 crore under the Virudhunagar Handloom Mega Cluster Scheme. The outlet launched a Deepavali discount sale with up to 30% off and set a ₹1 crore sales target. Cooptex, India's largest handloom cooperative, operates 146 showrooms across Tamil Nadu.The HinduCorporate Wear saree launched by Co-optex receives positive response, says Principal SecretaryCo-optex launched a new line of lightweight Corporate Wear sarees under the Vettri Thari initiative, targeting young working women with prices between ₹7,000 and ₹9,000. The department plans to expand sales through exhibitions in major metro cities and online platforms like Myntra and Flipkart, aiming for a ₹100-crore revenue during the upcoming Deepavali season. This product launch is part of Co-optex's broader recovery strategy following significant losses during the pandemic.The HinduHandloom workers seek steps to protect Bhavani Jamakkalam industryThe Bhavani District Handloom Jamakkalam, Bedsheet Weavers and Dyeing Workers’ Union has urged the Tamil Nadu government to protect the handloom sector from competition by illegal powerlooms. The union demanded a ban on these powerlooms, a revision of basic wages unchanged for 32 years, and the establishment of a technical college in Bhavani. Additionally, the union sought the acquisition of cooperative society assets through Co-optex and special subsidies to clear unsold stock.The HinduA signature in threadThe Maragathaleswarar Handloom Weavers’ Cooperative Society in Tiruchi district is sustaining traditional handloom weaving by producing motif-laden saris, with weaver K. Jothimani noting full order books due to demand for authentic butta designs. A cooperative contract with Co-optex has facilitated product diversification into the 'Manamedu' sari genre, helping revive fortunes for at least ten regional weaving societies.The Hindu90-year-old Co-optex gets a Gen Z makeover with launch of ‘Vetri Thari’Co-optex, a 90-year-old cooperative and household name in Tamil Nadu, is revamping its brand and product offerings to appeal to younger consumers and expand into new segments, including men's fashion and home textiles. The launch of its new retail concept ‘Vetri Thari’ is part of this strategy, with plans to open multiple stores over the next five years and expand its digital presence.