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Filatex India’s arm inks MoU with lndeca Sporting Goods

12 Dec 2025 Evaluate

Filatex India’s wholly owned subsidiary – Texfil has signed a Memorandum of Understanding (MoU) with lndeca Sporting Goods, an entity of Decathlon Group, France, on December 11, 2025, to work together on the use of high-quality recycled polyester in sports apparel.

Under this MoU, Decathlon will conduct structured trials of Ecosis recycled polyester chips and yarn with its network of manufacturing partners in India. The two companies will also explore a system to channel suitable pre- and post-consumer polyester textile waste from Decathlon sports India ’s sourcing ecosystem back to Texfil for recycling. This MoU records the shared intent to evaluate and scale the use of Ecosis recycled polyester within Decathlon’s products, with the common objective of keeping textile waste in circulation and reducing the need for virgin resources.

Texfil has developed an in-house chemical recycling process based on glycolysis that preserves the quality of polyester. Recycled chips produced through this technology are marketed under the trademark Ecosis. Texfil currently operates an 800 kg/day pilot plant and is setting up a commercial facility with a capacity of 26,750 MTPA. This commercial facility is expected to be commissioned in September, 2026.

Filatex India is engaged in manufacturing Monofilament Yarns for Zippers, Tooth Brush Bristles, Velcro, Magic Fasteners and Forming Fabrics in India.

Filatex India Share Price

45.60 -0.07 (-0.15%)
30-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 25.98
Filatex India 45.60
Nitin Spinners 461.15
Nahar Spinning Mills 245.30
Sanathan Textiles 449.95
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