The Morarjee Goculdas Spinning & Weaving Co. Ltd. is the oldest textile company in India, established as early as 1871. It is among the first five companies to be listed on the Indian stock exchanges.
In 1935, the mill was acquired by Piramal Chaturbhuj, heralding a new era of growth and prosperity. Since inception, quality and service were the hallmark of the company. Riding on these factors, the company has survived the ups and downs in the textile sector.
In the early 1990’s the biggest challenge came from World War I. Not only did the mill survive, it came out much stronger. In 1940, the mill joined the Swadeshi movement and set up a Khaki department. It won special acclaim from Mahatma Gandhi for this. In 1942 – the Viceroy awarded a gold medal to the company for the khaki drill.
The 1950’s was the period of unparalleled growth and expansion. The dye house was modernized with the installation of a continuous open width boiling & bleaching plant, a modern impregnating unit & a steaming J. Box. This was to improve the fastness of mineral khaki for which Morarjee Mills have been known for.
Next on the cards was acquisition. Morarjee took over the Sayaji Mills located in Mumbai in 1981 and transformed it from an obsolete loss making unit to a highly profitable modern textile mill.
Continous up–gradation of technology and research and development of products has transformed Morarjee into a leading player in the fabric business. Most of the leading global and domestic players are its clients today.