Filatex India to invest Rs. 100 crores for FDY production

Filatex India Ltd. has announced that, in order to increase its profitability on long-term basis, it proposes to produce 100 MT/day of polyester fully drawn yarns at its existing unit at Dahej. For the purpose, the company has to put up only balancing equipment as other infrastructure facilities like land, auxiliary buildings, utilities, etc., are already available at the Dahej plant.

The trial run of the expansion programme estimated to cost Rs. 100 crores will commence by the end of March 2016.