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Filatex India expands with Rs 320 crore investments

  

A prominent player in the synthetic fiber market with over three decades of manufacturing expertise, Filatex India is significantly expanding its production capabilities and sustainable practices through strategic investments of Rs 320 crore. These investments position the company to lead the next phase of growth in India's synthetic fiber sector while meeting the evolving demands of the global textile supply chain.

A key component of this expansion includes the significant increase in production capacity at Filatex's Dahej facility. This project involves the addition of 19,800 mtpa of partially oriented yarn (POY), 28,800 mtpa of fully drawn yarn (FDY), and 14,400 mtpa of draw textured yarn (DTY). With a total investment of Rs 235 crore, these new facilities are set to be commissioned by August 2026. This expansion will help strengthen Filatex’s position as a leading integrated polyester yarn producer in India, aligning with increasing domestic and international demand for synthetic fibers.

Demonstrating a strong commitment to sustainability and efficient energy use, Filatex’s board has also approved an Rs 85 crore Steam Power Distribution Project. Fully funded through internal accruals and expected to be commissioned by April 2026, this initiative will utilize approximately 70 tons per hour (TPH) of surplus steam from the company's captive power plant to supply nearby smaller businesses. This project is projected to generate annual savings of around Rs 60 crore and fosters collaboration within the local industrial community.

In the FY25, Filatex registered a robust revenue of Rs 4,252 crore and an EBITDA of Rs 258 crore. The company’s profit after tax increased by 22 per cent Y-o-Y to Rs 135 crore. Its annual manufacturing capacity reached 410,040 mt, supported by strong operational efficiency.

Filatex offers a diverse product portfolio, including POY, FDY, DTY, polypropylene yarns, polyester chips, and narrow woven fabrics, catering to a wide range of applications across apparel, home textiles, healthcare, and industrial uses. The company is also driving innovation and sustainability through its ‘Ecosis’ initiative, India’s first textile-to-textile circular recycling solution.

 
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