Indorama India Private Limited (formerly called Indorama Industries Limited), which is engaged in production & marketing of INVIYA® brand of spandex since 2012 has solemnised ground breaking ceremony of their 3rd plant (termed as P-3) at their existing site at Baddi in Himachal Pradesh.
This new plant shall augment the spandex capacity of Indorama and total production capacity shall touch 75 MT/day by end of 2022.
INVIYA® is well positioned to provide functional solutions to high end garments, accessories like elastics, tapes etc and hygiene products like diapers. Incidentally, Indorama is the only company in Indian subcontinent to produce elastomeric yarns meant for these applications (elastics/narrow fabrics/diapers).
INVIYA spandex is available in denier ranging from 10 to 1680 in different lustures to address the consumer needs across various segments. Apart from these, various cross functional teams of INVIYA work closely with customers to work out solutions to meet various requirements.
Spandex market demand is pegged at around 45,000 MTs in India and with push from government, this is slated to grow at CAGR of around 14~15%.
Apart from meeting demand in domestic markets, INVIYA® is exported to various countries like Bangladesh, Turkey and Latin American regions for various applications in textile/clothing segment.
Indorama India Private Limited is part of Indorama Corporation, which is head quartered in Singapore and possesses leadership in many verticals, where they operate.