Filatex is expanding its manufacturing capacity. The aim is to add to polymerisation capacity, polyester partially oriented yarn, and draw texturised yarn capacity. This addition of capacity would help the company to cater to domestic and overseas customers and uplift the topline. A better bottom line is also expected due to lower operating costs and energy efficient operations.
Filatex, which entered manufacturing with mono filament yarn in 1994, is an established player in the Indian polyester filament yarn market. Filatex has integrated operations which are of economy of scale, with a diversified product mix, state-of-the-art technology as well as a vast domestic and global customer base. The company is always looking for opportunities to optimise the product mix and value addition to meet customers’ needs. Since it has been in the business of polyester filament yarn for several decades now, it always tries to understand market trends in terms of customer preferences, cost scenarios and investment opportunities in the market.
The company, which exports manmade yarn to 34 countries, also has in the pipeline a fabric plant to make fabrics from the yarn it produces. Its yarn is used in the manufacture of carpets, rugs, tapes, ribbons and zippers.