Incorporated in 1983, managed by Shailaja Asave, managing director of the company. The company manufactures Woven Fabrics of Synthethic Filament Yarnand Woven Pile Fabrics of Manmade Fibres. The units of the company are situated at Jalgaon, Maharashtra. _x000D_ _x000D_ In December 1994, Orbit Exports tapped the capital market with an issue at a premium of Rs 15 per share aggregating Rs 2.2 crore, to put up computer designing and embroidery equipment._x000D_ _x000D_ The company set up its first unit to manufacture fancy jacquard fabric in 1986. Subsequently, in 1993-94, it set up another unit to manufacture velour d emlyons (fine velvets) used in dress materials, drapery, trimmings and as a substitute for silk brocade._x000D_ _x000D_ Exim Bank has sanctioned Rs.9.60 crores loan during the year 1996-97,to manufacture & process Woven & Embroidered fabrics for exports and this project was implemented during 1998-99._x000D_