FILATEX INDIA LIMITED is in the business of manufacturing of synthetic filament yarns having a wide range of products. It has been an interesting journey as the promoters made a successful transition from trading of different varieties of synthetic yarns to manufacturing. After two decades of trading activities of yarns, Filatex India was incorporated on 8 August 1990 to enter into manufacturing. A humble beginning was made by setting up a small plant at Noida, Uttar Pradesh to manufacture Mono Filament Yarns. The product successfully rolled out in 1994.
A capacity of 500 TPA was not enough to whet the appetite. To address the needs of the market Filatex took another big step towards growth and set up a larger capacity plant in Dadra which started it’s commercial production of multi filament yarns in 1996 with an initial capacity of 6000 TPA of POY and 3500 TPA of DTY. Over the year’s Dadra has grown to a capacity of 130 tonnes per day, producing a wide range of products like POY, DTY, and FDY in Polyester to Polypropylene Crimp Yarns. Dadra plant expansions were gradual and were aimed at customer’s needs. So, at Dadra plant, Filatex offers an almost full range of products, not only in black and white but in all possible colors.
Continuing the quest for growth and having exhausted land resource at Dadra, the next leap was to move to a new and large parcel of land. The new plant located at Dahej, Gujrat, is a CP unit of 600 TPD capacity This plant gave Filatex a strong foothold in the polyester yarns market. The challenges were plenty as this was a green field project and the team had to master larger logistics and continuous polymerization process. one the process technology was absorbed the product basket was expanded to add FDY and DTY using state of art latest technology from Germany. We have made rapid strides in exporting Drawn Textured Yarn -DTY. At present, our export contribution is 18% to our overall revenues.
Our present focus is on polyester sector. Polyester has established its supremacy over other manmade fibers. In our assessment the shift from cotton to polyester is gaining rapid momentum and present ratio of 60% of cotton and 40 % polyester in Textiles will change, like it has happened globally wherein polyester share in textiles as a fiber is around 60%. Growth of polyester remains intertwined to GDP of the country which is on a high trajectory.
We are now in the process of adding Bright Polyester at Dahej Plant with latest state of art spinning and winding technology. Thus our product basket of POY, FDY and DTY covers full range of multi filament yarns in coarse and fine deniers with all options like bright, semi dull, black and all colour shades.
The company, in spite of intense competition, has managed to maintain an edge over its competitors due to consistent product quality and low operating cost. The company takes pride in its energy efficient operations.
Over the years, the company has grown from “hands on” management to a professionally managed business run by well qualified and experienced professionals. The company views its ‘Human Asset’ as a critical factor for success and values it as precious as the state of art technology..
On the strength of its systems the company has been accredited with ISO 9001:2008, BS OHSAS 18001:2007 and ISO 14001:2004. The products meet the stringent requirements of OKEOTEX which adds to global acceptance.
With continued support and cooperation of long standing customers, employees, partners, bankers and other business associates, we remain committed to the most of the future and our efforts will be dedicated to sustaining the strengths of Indian Textile sector.
MADHU SUDHAN BHAGERIA
Chairman & Managing Director