Filatex India Limited is one of the pioneers in
manufacturing Monofilament Yarns for Zippers, Tooth Brush Bristles,
Velcro, Magic Fasteners and Forming Fabrics in India.
FAVOURABLE
FACTORS OF FILATEX GIVING IT AN EDGE OVER ITS
COMPETITORS
Promoters
have a rich experience in marketing of Synthetic
Filament yarns in the country for more than 4 decades
and have a score of satisfied customers to their credit. Due
to customer oriented approach, direct marketing and a
wide range of finished products, most of the demands of
the customers are met under one roof and therefore, the
company is able to gain and retain the customer loyalty. Besides
the commodity Polyester and Polypropylene yarns, the
company is manufacturing specialized products like;
Micro Denier, Dope Dyed and Trilobal yarns for the niche
market, which generate higher value additions. Due
to hands down management and monitoring of the
day-to-day affairs of the company by the promoters
themselves, decision making is very prompt and
therefore, the company is able to take the best
advantage of frequent developments in the industry like;
changes in the prices of raw materials, finished goods
etc. One
of the lowest capital cost to finished goods ratio in
the industry leading to lower fixed costs as the company
has increased its installed capacity for manufacture of
POY at its Dadra plant by putting up only spinning lines
with some balancing equipments. The
company intents to put up Poly-condensation plant of 240
MT per day and increase its POY spinning capacity to
match with its Poly-condensation capacity, a step
towards backward integration, which will enable the
company to bring down its cost of production further
which besides improving the scale of economies will also
yield the advantages of continuous polymerization
system. The
company after achieving the backward integration and
consolidating its financial position, intents to put up
manufacturing facilities for manufacture of fabrics and
garments thereafter to take advantage of higher level of
integration. The
company enjoys the following locational advantageous:
-Sales Tax exemption for 15 years
-Income-Tax exemption - 100% for first 5 years and 30%
for next 5 years
-Nearness to the sources of raw material and market
leading to substantial savings in freight both on raw
material and as well as finished goods.
-Cheep power i.e. @ Rs.4.00 per unit being supplied
Dadra & Nagar Haveli Electricity Board.
Proximity to the seaports enabling lower costs on
imports and exports.
Promoters
have a rich experience in marketing of Synthetic
Filament yarns in the country for more than 4 decades
and have a score of satisfied customers to their credit.
