Pioneer Embroideries, one of the key players and owners of brand ‘SILKOLITE’ in Specialty Polyester Filament Yarn (SPFY), is planning capacity expansion to fulfil the increasing demand for SPFY. The company has planned this expansion as during the pandemic it experienced growth in newer segments like home textiles and technical textiles.
The current expansion is in POY (Partially Oriented Yarn) and DTY (Draw Textured Yarn) segment. The Company is aggressively focusing on POY-based speciality textile avenues such as Flame retardant, Automotive, AntiMicrobial and value added DTY yarn for non-apparel segments. While the Company is already a notable player in the POY segment since it launched its POY-based product range in 2017 in both domestic and export markets, with the newer product offerings in place company will become a complete supplier or a one-stop-shop for its customers for all kind of speciality yarns. At the same time, the market size of value-added yarns for floor covering end use is continuously growing as polyester remains the cheapest alternative here.
Pioneer Embroideries (PEL) is one of the key players in the Embroidery & Laces in India and owners of brand 'HAKOBA'.
Company Name | CMP |
---|---|
Trident | 39.06 |
Filatex India | 59.35 |
Sutlej Textiles&Inds | 58.30 |
Nahar Spinning Mills | 272.90 |
Nitin Spinners | 369.90 |
View more.. |