Strengthening Capacities for a Competitive Edge
Filatex India Limited, one of the leading manufacturers of polyester filament yarn in India, is set to enhance its manufacturing footprint with a robust expansion strategy. The company has announced additional manufacturing facilities for Partially Oriented Yarn (POY) of 19,800 MTPA, Fully Drawn Yarn (FDY) of 14,400 MTPA, and Draw Textured Yarn (DTY) of 14,400 MTPA at its existing unit in Dahej. This expansion, with a capital outlay of ₹155 crores, is expected to be operational by June 2026.
Established in 1994 with a modest capacity of 500 TPA, Filatex India has grown into a leading player with a manufacturing capacity exceeding 400,000 TPA. The company operates two state-of-the-art production facilities at Dadra & Nagar Haveli and Dahej, specializing in polyester and polypropylene multifilament yarn and polyester chips.
Reflecting on the company’s recent performance, Mr. Madhu Sudan Bhageria, Chairman and Managing Director, noted that while the last two quarters experienced low demand and minimal margins, the third quarter saw a positive shift beginning in November. This improvement was evident in the company’s EBITDA increase from ₹45 crores to ₹75 crores, indicating a gradual recovery in demand and margins.
Commitment to Sustainability
In line with its sustainability goals, Filatex India has signed a Letter of Intent with Torrent Power Ltd to invest ₹24 crores in a hybrid power project. The initiative aims to reduce the company’s carbon footprint while ensuring energy efficiency. The 19.8 MW capacity project, expected to be commissioned by September 2025, will provide approximately 100 million units annually, leading to estimated cost savings of ₹25 crores.
Ecosis: Pioneering Circular Textile Recycling
A key focus for Filatex India is sustainability, and the company has aligned itself with Ecosis, an initiative that revolutionizes textile-to-textile recycling. This process enables the creation of new textiles from recycled materials, effectively promoting a circular economy. By reducing waste and conserving resources, Filatex is setting new industry benchmarks in sustainable manufacturing.
Polyester: The Backbone of Global Textile Industry
Polyester remains the most widely used fiber globally, accounting for approximately 57.2% of total fiber production in 2023. As fashion trends evolve and demand for high-performance textiles grows, polyester’s role in sportswear, athleisure, and quick-drying apparel is becoming increasingly significant. Filatex India is poised to capitalize on this trend by expanding its polyester filament yarn production.
The Indian textile industry is witnessing a shift towards man-made fibers (MMF), supported by government initiatives such as the Production Linked Incentive (PLI) scheme, National Technical Textiles Mission (NTTM), and MITRA scheme. Additionally, factors such as the rise in online shopping trends, increasing per capita fiber consumption, and growing demand for technical textiles are driving the industry’s growth.
Comprehensive Product Portfolio
Filatex India offers an extensive range of products, including:
- Polyester Chips: Industrial intermediate for polyester yarns.
- Fully Drawn Yarn (FDY): Ideal for premium fabrics, including children’s and women’s wear.
- Polypropylene Multifilament Crimp Yarns: Used in socks, undergarments, and sportswear.
- Partially Oriented Yarn (POY): A key raw material for knitting and weaving fabrics.
- Draw Textured Yarn (DTY): Utilized in various fabric applications through texturizing.
- Narrow Woven Fabrics: Essential for carpets, rugs, ribbons, and zippers.
Driving a Sustainable Textile Future
With an increasing focus on sustainability, Filatex India acknowledges the environmental impact of the fashion industry. As Mr. Bhageria emphasized, the company remains committed to reducing waste, improving energy efficiency, and promoting circular textile practices. The ongoing investments and expansions underscore Filatex India’s vision to enhance production capacity, ensure sustainability, and strengthen its position in the global polyester market.
By strategically integrating innovation, sustainability, and capacity expansion, Filatex India is paving the way for a more resilient and future-ready textile industry.
