Moglix, a B2B commerce companies, announces strategic acquisition of Khatema Fibres, a eco-friendly paper products. This acquisition represents a significant step in Moglix’s mission to lead in industrial procurement and sustainable packaging, aligning with India’s vision of a Viksit Bharat.
According to leading news wire PTI, B2B ecommerce platform Moglix has acquired paper manufacturing company Khatema Fibres for Rs 80 crore. The acquisition is expected to bolster Moglix’s product portfolio and accelerate its growth trajectory. The company also revealed plans to diversify into five new manufacturing categories as part of its expansion strategy.
The addition of Khatema Fibres strengthens Moglix’s market presence while enhancing operational efficiency. This move aligns with the company’s recent launch of Next Day Delivery in over 12 cities, a service that is set to expand to 40 cities, according to the PTI.
Expanding its footprint in Uttarakhand, Moglix aims to support the state’s industrial growth by creating jobs, promoting skill development, and enhancing local manufacturing capabilities. Through its integration with Khatema Fibres, Moglix will also improve local infrastructure and open new market opportunities for farmers and artisans, supporting community growth and prosperity.
Founded in 1990 in Khatema, Uttar Pradesh, Khatema Fibres is known for specialising in sustainable paper manufacturing with an annual capacity of 50,000 metric tons. The company offers a diverse range of eco-friendly products, including specialty high-strength kraft paper, interleaving paper, machine-glazed and machine-finished papers, various tissue options, sublimation paper, virgin test liners, and food-grade packaging solution
The addition of Khatema Fibres broadens Moglix’s product portfolio, reinforcing its market position and operational efficiency. This acquisition complements Moglix’s recent launch of Next Day Delivery in over 12 cities, soon expanding to 40, and marks another step toward meeting the evolving needs of the B2B segment with speed and reliability.
Rahul Garg, Founder and CEO of Moglix, shared, “We are delighted to welcome Khatema Fibres into the Moglix family. This acquisition not only expands our manufacturing footprint but enables us to deliver even greater value as we meet the dynamic demands of the market. Our commitment to supporting India’s vision of a Viksit Bharat by 2047 remains steadfast.”
By leveraging Khatema’s manufacturing expertise, Moglix plans to further integrate and diversify its offerings, reducing lead times and ensuring efficient delivery. Khatema Fibres’ sustainable product range reinforces Moglix’s dedication to environmentally conscious solutions.
This acquisition strengthens Moglix’s presence in the B2B sector and sets new standards for excellence in industrial procurement, reinforcing its role in transforming the industry both in India and globally.
