Banswara Syntex Ltd. (BSL), established in 1976 as a joint venture with the Government of Rajasthan, is one of the largest producers of Lycra blended woven fabrics and also technical and jacquard fabrics. The company clocked a turnover of Rs. 800 crores in 2010-11 and has set a target of Rs. 1,000 crores for 2011-12. The company exports about 65 per cent of its production to developed countries like the US, the UK and Europe.
BSL is a vertically integrated textile player engaged in manufacturing man-made synthetic blended yarn, wool and wool mixed yarn, all types of suiting and jacquard furnishing and technical fabrics, besides production of trousers, jackets and made-ups.
Initially BSL started as a spinning mill with 12,500 spindles. Since then the company has been continuously expanding capacity, diversifying into newer segments and modernizing its plants. Over the last three decades, it has increased the spinning capacity to 1,43,240 spindles.
The company commenced production of fabric from 1993, readymade garments from 2004 and made-ups and worsted spinning from 2008. It has also entered into a 50:50 joint venture with Carreman Michel Thierry Group (CMTG) of France.
BSL is one of Indiaís biggest integrated textile manufacturers producing all types of fabric, i.e., poly viscose, poly viscose lycra, 100 per cent cotton and its mix, all wool and wool blends, linen, etc. It is the largest producer of PV Lycra fabric in the country (annual production is almost three times that of the rest of producers in India). It also offers complete package solution from fibre to garments in all product range, including technical textiles and shirting fabric.
BSL has been continuously investing on expansion, modernization and diversification. In 2009-10 it invested Rs. 149.91 crores and in 2010-11 another Rs. 45.85 crores. For 2011-12 it has an investment outlay of Rs. 80 crores.
BSL specializes in producing blends of viscose staple fibre, polyester staple fibre, acrylic staple fibre, Lycra, cotton, linen and wool. It has a total production capacity of 32,220 tonnes of yarn per annum. This includes 30,600 tonnes of polyester blended dyed yarns and 1,620 tonnes of wool mix. The company also specializes in producing various types of fancy spun yarns. The present installed capacities are as ring spindles -1,28,248, worsted yarn spindles -14,400 and air jet spindles -592.
Fabric – Weaving & Processing
BSL produces hi-quality, hi-performance textile wear, technical & jacquard finished fabrics for both domestic and overseas markets. It has a highly qualified, skilled and dedicated technical team where we produce textile fabrics from fibre stage to yarn, weaving, finishing and garmenting.
The companyís specialty textiles include stretch fabrics which are Lycra assured and accredited, specialty finishings like stain, wrinkle, moisture management, two zone fabric, fire-retardant fabric, fabric design and development innovations and laminated technical fabric.
BSL has 250 shuttleless looms, 24 jacquard looms and five million metres per month of fabric processing capacity.
Readymade garments
BSL’s garmenting units are located in Daman and Surat. At both these locations, it specializes in production of trousers and jackets, thereby making BSL a complete vertically integrated textile player (i.e., right from conceiving an idea for fabric to the final product ready to wear in the least possible lead-time).
Both these units are equipped with a full complement of high-end machines to manufacture trousers and jackets of the finest quality, namely, marking and grading on a CAD system from Rich Peace, Sewing line consists of Juki machines, automatic welting machines from Eagle, curtain felling machines from Union Special, Eyelet Buttonhole machines from Reece and blind loop machines from Mair and the complete pressing process from Rotondi, including leggers, toppers and side seam presses.
BSL has a monthly capacity to manufacture 2,70,000 pieces of readymade trousers and 25,000 pieces of readymade jackets. It is increasing its weaving capacity and almost doubling its garmenting capacity over the next three years, besides growing yarn dyeing, cotton and wool dying.
BSL is amongst the few companies which survived the textile downturn with its integrated capacity, new product development and strong relationship with its key customers. The company has consistently generated profits and has never restructured its debts unlike many others in the textile sector.