Fiberweb (India) has bagged export order worth Rs 15.40 crore from USA, which is a very competitive market. The company has been able to procure this order for converted products with better margin. This is a repeat order and the delivery is after six months as there is over-booked position of orders in the company.
If there is any change in raw material prices the same will be taken carefully at the time of execution of order, by increase in sale price, as such the margin of profit will remain intact. This product’s demand has picked up very well and is likely to grow more and more in future.
Fiberweb India is engaged in manufacturing and exporting of Non-Woven Spun Bonded Polypropylene Fabric across the world. It is a 100% Export Oriented Unit (EOU) with 75% of the products exported (25% deemed export) to countries like USA, UK, Europe, Australia, New Zealand, South Africa and Middle East countries.
| Company Name | CMP |
|---|---|
| Welspun Living | 133.75 |
| Vardhman Textiles | 580.60 |
| Arvind | 435.40 |
| K.P.R. Mill | 954.80 |
| Page Industries | 37326.50 |
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