Filatex India has received approval for expansion project for additional manufacturing facilities of Partially Oriented Yarn (POY) of 19800 MTPA, Fully Drawn Yarn (FDY) of 14400 MTPA and Draw Textured Yarn (DTY) of 14400 MTPA at its existing unit at Dahej. The estimated cost of this expansion is projected at/about Rs 155 crore and the expected date of commissioning is June 2026.
The company also received approval to invest about Rs 24 crore in a new hybrid power project with Torrent Power. The said hybrid power project will be set up, owned and operated by Torrent Power/ wholly owned SPV (TPL or Power Producer) and/or its associates, located in Gujarat. The said project is likely to be commissioned by September 2025. The Board of Directors of the company in its meeting held on January 29, 2025 has approved the same.
Filatex India is engaged in manufacturing Monofilament Yarns for Zippers, Tooth Brush Bristles, Velcro, Magic Fasteners and Forming Fabrics in India.
| Company Name | CMP |
|---|---|
| Trident | 26.12 |
| Filatex India | 44.94 |
| Nitin Spinners | 419.70 |
| Nahar Spinning Mills | 249.20 |
| Sanathan Textiles | 427.00 |
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