Product: Tussar Yarn Making Machines
Brand: Textile
Location: Jharkhand
A yarn producers' community formed by Madhabanand Ray, its becoming a means of livelihood for many. With Rs 60 lakh of profits disbursed among 2500 yarn producers in the current year, it has a target to make at least Rs 20000 profit for each producer, with a target of getting in 10000 producers in the next five years. For their Tussar yarn producing machines, they have been granted two patents in India, while international patents have been applied for. Masuta's current production is 13 tonnes, which is its 50 percent capacity. Rs 10 lakh funding has come from Vilgro for technical assistance. Masuta is currently expanding into Orissa and AP. With companies like Fabindia and government handloom departments being their key clients, Masuta is making a big difference to the lives of its producer members and their families.
| Founder: Madhabanand Ray |
| Co-founder: None |
| Investors: Vilgro |
| Mentors: PRADAN provides MASUTA with the required professional management support |
| Key Clients/Customers: FabIndia, Govt of India |
| Top-Line: 60 lakh |
| URL: www.masuta.org |
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MASUTA Producers Team |
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