Filatex India is reportedly planning to expand the capacity of its plants in Dadra and Dahej for which the company to invest Rs 400 crore. Further, the company will setup a captive power plant to reduce its energy costs.
The company is targeting to increase yarn manufacturing and polymerisation capacity from 3.28 lakh MT per annum to 3.65 lakh MT by 2020.
Filatex India is engaged in manufacture and trading of synthetic yarn and textiles. The company manufactures polyester and polypropylene multifilament yarn, and polyester chips.