Filatex India Limited, a leading manufacturer of synthetic man-made filament yarns, said its Q2FY19 net profit increased 50 per cent to Rs 20.25 crore as the company opened a new production line.
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China’s textile industry is accounting for over 60 per cent of the world chemical and synthetic fibre production, and it is second in cotton production, says Avinash Mayekar of Suvin Advisors.
Filatex India Limited, a leading manufacturer of synthetic man-made filament yarns, said its Q2FY19 net profit increased 50 per cent to Rs 20.25 crore as the company opened a new production line. Revenue rose 73 per cent to Rs 718 crore during the July-September quarter. The results are unaudited.
SRTEPC team submitted representations to the Union Minister on issues pertaining to GST, RoSL, MEIS, etc.
Our present focus is on the polyester sector, says Madhu Sudhan Bhageria, Chairman and Managing Director, Filatex India, a pioneer in manufacturing synthetic filament yarns.
Textile and clothing production in Tajikistan for the eight months of this year increased by almost 30 per cent, Avesta reported.
SGS has further expanded its testing facilities at its laboratory in Tunis, Tunisia, which was set up in 2009.