Credit rating agency, Credit Analysis and Research (CARE) has upgraded credit rating for long term and short term bank facilities of Flexituff International to BBB+ from BBB and A3+ from A3 respectively. The rating indicates moderate degree of safety regarding timely servicing of financial obligations.
Flexituff International is one of the very few fully integrated plants in the world currently manufacturing FIBC, Geo-Textile Fabric and Ground Cover, Reverse Printed BOPP Woven Bags, Special PP Bags including Leno Bags. These products are manufactured at its three manufacturing units located in Pithampur (M.P.) and Kashipur (Uttrakhand).
