Industry And Cluster | News & Insights


Published: March 16, 2020

Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) for outstanding Export Performance for the year 2018-19.


Mr. Madhu Sudhan Bhageria, Chairman & Managing Director said, “We would like to thank SRTEPC for recognizing our contribution to exports. The favourable government policies like abolition of anti-dumping duty on Purified Tephthalic Acid (PTA) will benefit domestic synthetic yarn & polyester yarn industry. Moreover, demand pick up in countries like Africa and Latin America, increasing domestic capacity and strong competitive advantage would help us in increasing exports going forward.”

Mr. Nayan Desai Views :

Company Incorporated as a Public Limited Company on 8th August 1990, FIL received certificate of commencement on 5th Sept. 1990. FIL is pioneer in manufacturing Mono Filament Yarns. FIL also diversified into Special Polyester Filament Yarns like Micro Denier Polyesters, and in 2008 FIL started manufacturing Polyester Fully Drawn Yarn using modern machines from Barmag, Germany. In 2009, FIL installed 167 state of the art automatic needle looms for Narrow Wooven Fabric (Malai Dori) with warping machines. At Filatex’s comprehensive facility, Polyester Partially Oriented Yarns (POYs) are produced on modern computerized plants procured from the world-leader in POY extrusion, BARMAG AG of GERMANY. The product USP is that products are manufactured as per customer’s requirement, consistent quality and low operating cost dedicated and well experience customer technical and support department, global presence energy efficient plant, global accredited certificates such as ISO 9001-2015, ISO 14001-2004 BS OHSAS and OKEOTE, experienced employees, long standing customers, suppliers, bankers and agents. Exporting countries for the products include BRAZIL, TURKEY, SINGAPORE, SOUTH KOREA, HONGKONG, CANADA, BANGLADESH, EGYPT, POLAND, KENYA. The price strategies to compete with different countries include selling at the rate of US dollars in international market and operating at cost which will improve margins. The promotional strategy includes customer centric products and as per customer requirement and at affordable price, prompt delivery and services. Few of the guiding point for new investors in this sector would be

  • To Do Swot Analysis                                       
  • To Study Government Laws And Regulations                                     
  • To Study Export Process                                              
  • To Study Global Growth

2) BANSWARA SYNTEX LIMITED Awarded SILVER TROPHY (spun yarn)Mr. Ravi Toshniwal Views

BANSWARA is one of the largest single-mill set ups of fibre-dyed yarn in ASIA.

Over the years, we have forayed into markets in over 50 countries including the U.S., U.K., Canada, Spain, Germany, Japan, France, UAE, and Turkey.
Product innovation has been an integral part of our work culture. We have diversified offerings in textiles and technical fabrics. There is no brand other than a B to B brand which is Banswara. For India this new decade is the big opportunity for exports in Textiles to grow dramatically. The US vs China trade war and now the Corona virus have made it clear to the customers that they must derisk from China. The product USP is that European styled goods at better quality than China and at prices better than Turkey! If you are a new Investor stay away from Textiles. It is a tough trade and return on capital employed is poor. Only if you have an extreme passion and a differentiated offering is it worth entering!

3) PNR Industries limited – Silver Trophy – synthetic and rayon dyed fabrics

Mr. Sukhendu Bhandari Views PNR Industries Ltd. is one of the leading Polyester Yarn Manufacturing Company based in Surat, India. We are the prominent leaders in manufacturing quality Polyester Yarn which we supply to our valuable clients worldwide. Our team started the journey as a trading company and today we have grown into a full-fledged enterprise where our production, supply and trading units deliver quality service to our customers. We are one of the leaders in manufacturing premium carpet yarns. We strive the right balance between luxury and durability. This special quality high profiling yarn is produced by minimum number of producers. The yarn is a value-added product with huge demand internationally, since in India the suppliers are few. We have gained more customers in the past 7 or 8 years but have not lost any.

Initially, it has been started with one country which now spread across the globe including, USA, Europe, Middle East and the customers keep on increasing. Majorly the products are exported to Turkey and also to USA, Jordan, Morocco, Algeria and Israel. Our Uniqueness lies in reaping the first mover advantages by launching distinct qualities which enable our clients to weave exceptional carpets and to stand out from their competitors.  Superior product quality has always been a cornerstone of our business strategy. Every month we visit the customers to know about the quality of the product they receive to get feedback. Our vision is to become the leader in specialty carpet yarn sector and retain that position. Our goal is to make our customers happy and satisfied by providing the finest quality of yarns so that they always have an edge over their competitors.

4) LE MERITE EXPORTS LIMITED – Interview with Mr. Abhishek Lath (Managing director)

Merchant exporter Silver trophy

Set up in the year 2003 at Mumbai, we, Le Merite Exports (P) Ltd., are a widely popular firm engaged in the Manufacturing, Trading, Supplying and Exporting of Textile Yarns and Fabrics. We have been founded on four strong pillars namely: excellent quality, strong market reputation, outstanding service and sincere cooperation. Strict adherence to these core principles has helped us forge trustworthy alliances with our clients. We hold a very large share in the textile market and our textile raw materials are exported to several countries across the globe. Over the years, we have built a strong and immaculate reputation in the raw cotton and yarn business. We possess our own manufacturing facility which is spacious and modern. Our strong alliances and networks have the backing of financial stability and technical know-how. Reference of existing buyers can be provided to prospective buyers in any of the countries upon special request. Our main export hubs are Hong Kong and mainland China, Few of the countries where our yarns are exported include Bangladesh, China, Dubai, France, Spain, United Kingdom, Egypt etc. Since our inception, our client base has expanded substantially. Most of our clients have become our regular customers because they have immense faith in our products and services. Since most of our revenue and profits are generated by these customers, satisfying their needs automatically becomes a factor of utmost importance for us. To achieve the same, we pay attention to the quality of our products and services and deliver them to clients at reasonable prices.

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