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Filatex India Ltd. is engaged in the manufacturing and trading of synthetic yarn and textiles such as Polyester Chips, Narrow Fabrics etc.
Filatex India's subsidiary established Ecosis Infinite, Sociedad Limitada in Spain. This new step-down entity will manufacture/deal in Polyester Yarns, marking an international expansion in the textile industry.
Filatex India's subsidiary, Texfil (Ecosis™), partnered with Decathlon Group to integrate high-quality recycled polyester into sports apparel. Decathlon will trial Ecosis™ chips/yarn, boosting adoption of Filatex's chemical recycling technology and supporting a circular textile economy.
Filatex India signed an MoU with Revti Business and Wastewear Inc. for textile waste recycling, product innovation, and global co-branding. Filatex will process waste into recycled PET yarn. This strategic move advances sustainable manufacturing and circular economy goals, enhancing future product lines.
Filatex India reported a minor fire at its Dadra plant, estimating ₹4-5 Cr in losses. The company states all damages are fully covered by insurance, including a Loss of Profit policy, mitigating financial impact from potential business interruption.
Filatex India's Dadra plant experienced a minor fire, temporarily impacting 3-4 production lines. The incident was quickly controlled with no injuries, and critically, no material financial impact to the company. Other lines are unaffected.