Limtex Explained

Limtex
Foundation:1977
Location:Kolkata, Head Office
Mumbai
Cochin
Coonoor
Coimbatore
Siliguri
Kotagiri
Area Served:Worldwide
Key People:Gopal Poddar
(Chairman and Managing Director)
Shankar Poddar
(Director)
Subhas Poddar
(Director)
Industry:Tea Trading, Manufacturing, IT
Services:Tea Trading, Manufacturing and Exporting, IT
Parent:under the control of Limtex (India) Ltd

Limtex is an Indian multinational company, headquartered in Kolkata, West Bengal, India and a subsidiary of Limtex Group. It exports $40 million in Indian tea annually. Limtex is the leading producer, manufacturer and exporter of Indian Tea both in the domestic and international market. It also has an IT division - Limtex Infotech, which was formed in 2005.

Limtex has received various awards from National and International governing bodies for its excellence in the Tea & Coffee trade.[1] [2]

History

Formation & early years

The company was founded in 1977 by Gopal Poddar, who serves as the chairman and managing director of Limtex (India) Ltd. Limtex started as a small tea trading business with a turnover of Rs 1.02 lacs. Over time, it diversified into IT, tea trading, biscuit, and export industries.[3]

Annual turnover

After 25 years in business it has earned $21 million from tea export only, with overall growth rate 60%.

Awards and nominations

Limtex won prestigious "National Export Award" by then Indian Prime Minister A. B. Vajpayee. The nomination came from the Federation of Indian Export Organisations, in association with the Ministry of Commerce, Government of India. They received other export-related awards from various entities like the Ministry of Commerce, Banks, and Associations. The Limtex group was also honored with the prestigious status of "Star Trading House" by the Government of India.

Limtex Group of Companies

References

  1. http://www.limtex.com/awards.html Awards
  2. News: Willtosip .
  3. News: Tee Kompendium .

Official website