Best Stocks to Buy For Long Term

Best Stocks to Buy For Long Term

Garden Silk :

Garden Silk Mills (GSML), incorporated in 1979, belongs to the Garden Vareli group (one of the leading manufacturers of synthetic textiles).

It is engaged in the manufacture of pure silk & cotton fabrics under the brand name Garden and Vareli, prepared yarns and textile machinery like two-for-one uptwisters, rewinders, grey cloth and readymade garments.

GSML has set up, in collaboration with NOY-VAL Lesina, Switzerland, a polyester filament yarn (PFY) project of multi-filament and micro-filament yarn. It has also diversified into cotton spinning. The unit is at Vareli near surat.

Creatively led, technologically driven - Garden's range of high fashion fabric centres on fine filament and micro filament polyester fabrics - georgette's, chiffon's, failles, jacquards - both dyed and printed, for ladies blouses, skirts, dresses as well as sarees. Also manufactured, is an exclusive range of printed pure silk chiffon, cotton and viscose. Garden's ability to anticipate demand trends is supported by a large and talented pool of designers who continuously develop new fabrics and 2,000 new print ideas each year.

The company's production facilities boast of one of India's most sophisticated textile plants at Vareli, Surat (Western India). Its weaving plant comprising Nissan and Tsudakoma waterjet looms - the highest number of waterjet looms under one roof in India - and rapier looms, automatic shuttle change looms etc, high-tech yarn preparatory machines viz, ziro-twist-sizing, draw-warping, texturising and twisting machines, have a capacity of over 42 Lac meters/month of greige fabric. The plant has an ISO 9002 certification by BVQI. The company also markets high quality dyed and printed fabrics which it gets manufactured from associated firms.

Garden is expanding its draw twisting, draw warping and polyester spinning capacities.