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Gadoon Textile Mills Limited (GTML) was incorporated in 1988 by Yunus Brothers (YB), one of the leading business houses of the country with interests in textile, cement and power generation. Located at Gadoon Amazai, the industrial estate in the Swabi District of Khyber Pakhtoonkhwa, GTML is state-of-the-art spinning unit.
The unit has expanded by leaps and bounds---from 14,400 spindles in the first year of operation to 194,392 by 2006, followed by regular balancing and modernisation. By the Grace of Almighty Allah, GTML can claim to be the largest spinning mill in the country located at one place. Besides, it has the first mover advantage in advanced technology building in many respects.
Breathtaking Milestones: GTML has come a long way with some of the impressive milestones to cherish: The pioneer in Compact Spinning in Pakistan. Worldwide, it is second only to Franzoni Textile of Italy. First ever Spinner to establish Core Spun Compact Yarn in the world.
Biggest ever Compact Spinner in the Pakistan to have 85,000 Compact Spindles. All types of established Compact Systems, such as RIETER K-44 (Swiss), SUESSEN ELITE (Germany), TOYODA COMPACT (Japan) and PINTER (Spain) Worldwide known as the best Compact Spinner, so every Compact manufacturer is keen to offer latest systems to Gadoon. The only mill in the World to offer each Nos. as Compact Yarn, as:NE 2/1 Compact to NE 200/1 Compact.
In house power generation capacity of 44 MV.
Some of its renowned products are:
-- Compact yarn
-- Murata Jet Spinning yarn
-- Core Spun Yarn
-- 100% Grey Cotton Ring Spun Yarn
-- Synthetic yarn
-- Poly/Cotton yarn
-- Lycra yarn
-- Slub yarn
-- Compact Yarn
-- Core Spun Yarn
-- Slub Core Spun Yarn
-- Double Compact Spun Yarn on Ring Machine. (Without Doubling)
-- Ring Spun / Compact Spun Double Yarn on Doubling Machines
Apart from the above products, the Company is also engaged in the production of Compact Core Spun yarn. GTML is the first mill in the world to commence production of Compact Core Spun Yarn. Its top grade Compact Core Spun yarn which is exported to Far East, Europe and India.
-- The Company also received an award for being one of the top five buyers of Lycra from Dupont Pakistan.
-- GTML is certified with Oeko-Tex_100 Standards
Production and Quality:
Today, GTML is one of Pakistan's most progressive, growth-oriented organisations in the textile sector. Quality and commitment to continuous improvement are essential ingredients for the ongoing success of a competitive unit. In this context, quality is understanding the customer's expectations and supplying products that meet his expectations without compromise.
The Company constantly endeavours to maintain its position as a market leader to continuously improve efficiency and competitive strength. GTML lives up to its vision through providing its customers the highest value for their money. Everyone from top management to floor workers is driven by this vision and engaged in applying resources to continual product improvement.
The Company strives to achieve operating efficiencies at costs which help to grow our business by selectively increasing capacities and introducing new products that meet customer needs. It understands what customer needs and delivers on its commitments and demonstrates adaptability and agility in response to change. Stringent quality standards are the raison detre of the Company. No wonder the Company is able to compete and sell at home, especially in the presence of premier textile mills in the country; its yarn is very well received in foreign markets in USA, Europe, Far East, Africa, China, Hong Kong, India and Bangladesh, etc.
Human Resource: The Company provides employment to over 4,000 people. Plant, being located in a remote area of the country with scarce job opportunities, is contributing significantly to the economic development of Swabi district by providing employment to so many people directly and indirectly.
Employees are motivated to avoid waste in all forms---the waste of manpower, the waste of raw materials, the waste of space, the waste of machine time. The underlying objective is to keep Company's costs lower than those of the competitors. At GTML, efforts are directed to achieve commitment, integrity, fairness and teamwork into every aspect of business.
Realising that no industry can thrive without contented labour force, GTML strives to provide its employees a congenial environment, so that they can work to their full potential.
Financial Health: GTML enjoys enviable financial health compared with similar textile mills. Hardships arising from unprecedented recession witnessed by Western countries and upward trend in operating cost due to local constraints dealt a severe blow to profitability of textile sector.
The situation improved from 2009-10 onwards with higher revenue attributable to robust yarn market and inventory gain accruing due to progressive rise in lint cotton prices in line with worldwide trend. This provided an opportunity to efficient units to regain their financial health and GTML is again financially one up.
GTML's financial strategy is very well focused and the retention of profits in the business for capital expenditure is a hallmark of this strategy. The Company's contribution to the country has been recognised from time to time and it has been awarded gold medals/trophies from time to time.
Expansion Project: In order to maintain sustained growth in profitability, the Company is putting up an additional production facility at Karachi. The road transportation cost to and from Gadoon Amazai is day by day becoming prohibitive and makes this decision economically viable. Import of raw material and export of yarn and easy access to port facilities also favour this proposal.
The new facility is expected to be ready, Insha Allah, by the end of current Financial Year.
Corporate Social Responsibility: GTML has taken things further through its major corporate social responsibilities initiatives for the benefit of the weak and the needy.

Copyright Business Recorder, 2011

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