Maharashtra State Co-operative Textile Federation

What Maharashtra State Co-operative Textile Federation does

Maharashtra State Co-operative Textile Federation Ltd. (operating as "Maharashtra Textile") is the apex cooperative body for cooperative textile units across the Indian state of Maharashtra, providing techno-commercial services to its members rather than producing or selling textile products commercially. Headquartered at Vakils House, 2nd Floor, Ballard Estate, Mumbai, it serves spinning, weaving, knitting, processing, and RMG cooperative mills, with a sub-focus on backward class cooperative spinning mills.

Its service portfolio covers techno-commercial consultancy, preparation of project reports and modernization/rehabilitation proposals for bank appraisal, cotton selection and yarn marketing guidance, site/plant/machinery selection and installation consultancy, plant and machinery valuation, seminar/workshop organization, and an Annual Technical Report based on Cost Sheet and Balance Sheet P/L analysis of member mills. The federation also administers a medals and certificates of merit program for best-performing member mills and acts as formal liaison between member units and the Maharashtra State Government (Cooperation, Textiles, Energy Departments), Textile Committee, Cotton Corporation of India, and MSC Bank.

As a member-owned cooperative, the federation does not disclose revenue and does not pursue traditional commercial monetization. Governance is through an elected Board led by Chairman Ashok Swami, Vice Chairman Savita Sonkhedkar-Gayakwad, Managing Director Ramchandra Marathe, and Secretary Sambhaji Desai. Strategic priorities observable in the record are policy advocacy, concessional cotton supply negotiation, modernization support, and selective international engagement (Thailand, Argentina) on behalf of the cooperative sector.

Name

Maharashtra State Co-operative Textile Federation

Legal name

Maharashtra State Co-operative Textile Federation Ltd.

Website

https://texcofed.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Maharashtra State Co-operative Textile Federation Ltd. is the apex cooperative body in Maharashtra, India, providing techno-commercial consultancy, project appraisal, government liaison, and training services to member cooperative spinning, weaving, knitting, processing, and RMG textile units.

Ownership category

akta.pro rank

Product category

Cooperative Textile Federation Services

akta.pro industry

PRIMARYIMAOAMAN

Carbon, Energy & Resource Efficiency Services for Textile Manufacturing (Audits/Heat Recovery/Renewables)

Industrials, Manufacturing & Construction/Textiles, Apparel & Leather Manufacturing/Textile Recycling & Sustainability Solutions

Keywords

• Cooperative textile services
• Textile consultancy
• Spinning mill support
• Textile federation liaison
• Machinery valuation services

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Marketing channels1 record

Core offering

Maharashtra State Co-operative Textile Federation Ltd. is the apex cooperative federation for all cooperative textile units (spinning, weaving, knitting, processing, and RMG) in Maharashtra State. It delivers techno-commercial consultancy, project report preparation, modernization and rehabilitation proposals, government and financial institution liaison, plant and machinery valuation, cotton/yarn market guidance, and seminars/workshops to its member cooperative textile mills.

Product overview

Maharashtra State Co-operative Textile Federation Ltd. is an apex organization that provides techno-commercial services to cooperative textile units in Maharashtra. Rather than a single product or platform, it offers a suite of support services including techno-commercial consultancy, project report preparation, modernization and rehabilitation proposals, liaisoning with government and financial institutions, cotton/yarn market guidance, plant and machinery valuation, and organizes seminars/workshops. The federation publishes an Annual Technical Report as a reckoner for member mills based on cost sheet and balance sheet analysis.

Differentiator

Problem solved

Functional benefit

Products and services

• Techno-Commercial Consultancy Services Provides techno-commercial consultancy to member cooperative textile units, including guidance on technical and financial matters, project implementation, and modernization support. Serves cooperative textile mills in spinning, weaving, knitting, processing, and RMG segments across Maharashtra.
• Project Reports and Rehabilitation Appraisals Prepares project reports, modernization proposals, and rehabilitation appraisals to support member cooperative textile mills in obtaining financial assistance from banks and institutions. Includes consultancy from conceptualization to project implementation stage.
• Liaisoning and Coordination Services Acts as facilitator and coordinator between member cooperative mills, the Maharashtra State Government, Financial Institutions, Banks, and NGDC, with close coordination with the Directorate of Textiles, Textile Secretary, and Ministry. Represents cooperative textile units on monitoring committees and staff selection committees.
• Cotton and Yarn Market Guidance Provides guidance on selection of cotton and marketing of yarn, including market information to member cooperative textile units to support procurement and sales decisions.
• Plant and Machinery Valuation Offers valuation assessment services for plant and machinery of member cooperative textile units, supporting transactions, financing, and modernization decisions.
• Seminars and Workshops Organizes seminars and workshops for knowledge sharing and skill development among member cooperative textile units on industry topics.
• Annual Technical Report Publication Annual publication providing techno-financial information of member cooperative textile mills based on Cost Sheet and Balance Sheet P/L statement analysis, serving as a performance reckoner for the cooperative textile sector.
• Site, Plant and Machinery Selection Consultancy Provides consultancy for selection of site, plant and machinery, and project installation for new and expanding cooperative textile units, including setting up textile units in the cooperative sector.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Cotton Corporation of India (CCI)coreStrategic or Co-development PartnerThe federation coordinated with Cotton Corporation of India (CCI) for mandatory certification of cotton bales and concessional cotton supply to cooperative spinning mills. Discussions focused on improving cotton procurement processes and pricing for cooperative textile units.
• Textile Committee, Government of IndiacoreStrategic or Co-development PartnerThe federation represented cooperative textile mills during discussions about cotton procurement policies and sought special economic packages and cancellation of Hank Yarn Obligation requirements for mills.
• Thailand Convention & Exhibition BureauminorGTM or Marketing PartnerThe federation held discussions with Thai trade bodies to explore investment opportunities and participation in product exhibitions in Thailand for cooperative textile units.
• India-Argentina Business ForumminorGTM or Marketing PartnerThe federation facilitated interactions between Indian and Argentine businesses at the India-Argentina Business Forum held at Taj Mahal Hotel, Mumbai, with participation from Argentine President and Indian Textile Minister.
• Maharashtra State Cooperative (MSC) BankcoreStrategic or Co-development PartnerMaharashtra State Cooperative Bank's annual general meeting was held at the federation premises, indicating a close working relationship for banking services to cooperative textile units.
• DKTE Society's Textile and Engineering Institute, IchalkaranjiminorStrategic or Co-development PartnerDKTE (D.K.T.E. Society's Textile and Engineering Institute) Ichalkaranji hosted meetings for cooperative spinning mills and powerloom holders in western Maharashtra, indicating academic-institutional collaboration.
• Maharashtra State Government (Cooperation, Textiles, Energy Departments)coreStrategic or Co-development PartnerRegular liaison and coordination with state government departments including cooperation, textiles, and energy ministries for policy implementation and subsidies for cooperative textile units.
• Sasamira, Worli-MumbaiminorOthersSasamira, Worli-Mumbai hosted an International Technical Textile Council organized by the federation, indicating venue partnership for industry events.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• National Textile Corporation (NTC): Government of India entity under the Ministry of Textiles that manages a portfolio of textile mills. Comparable to Texcofed as a national-level apex organization serving textile mills with policy representation, modernization, and rehabilitation mandates.
• All India Spinners Association (AISA): National-level association representing the spinning industry across India. Comparable to Texcofed as a federation providing policy representation, technical guidance, and modernization support for spinning mills — but operating nationally and across private and cooperative segments.
• Confederation of Indian Textile Industry (CITI): National apex industry body representing the entire Indian textile value chain. Comparable to Texcofed as an industry federation providing policy advocacy, government liaison, and member services — but operating at the national rather than state level and across the private sector.
• Cotton Association of India (CAI): National body governing cotton trade and price benchmarking in India. Comparable to Texcofed as a textile-industry organization providing market information, government liaison, and standards oversight — relevant given Texcofed's focus on cotton procurement guidance for members.

Regional players

• Tirupur Exporters' Association (TEA): Tamil Nadu-based exporters' association for the knitwear/hosiery industry. Comparable as a regional textile industry body providing policy advocacy, market intelligence, and government liaison for member units — though focused on knitwear exports rather than cooperative manufacturing.
• Synthetic and Rayon Textiles Export Promotion Council (SRTEPC): Export promotion council under India's Ministry of Textiles for synthetic and rayon textiles. Comparable as a textile sector organization providing policy representation, market development, and member services — though with an export-promotion rather than cooperative-services mandate.

Direct peers

• Federation of All Maharashtra Spinning & Weaving Mills (FAMSWM): Maharashtra-based federation representing spinning and weaving mills. Closest direct peer to Texcofed in terms of state-level textile federation role, though it typically serves private-sector mills rather than cooperative units.

Emerging players

• Indian Texpreneurs Federation (ITF): Tirupur-based federation of textile entrepreneurs focused on industry modernization and sustainability initiatives. Comparable as a newer, more agile textile industry body providing member services and policy advocacy, though focused on knitwear exports rather than cooperative mills.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/maharashtra-state-co-op-textile-federation-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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