Filatex India gains as its arm inks MoU with lndeca Sporting Goods [Textile]
AI Summary1 min read
TL;DR
Filatex India's subsidiary has signed a Memorandum of Understanding with lndeca Sporting Goods, marking a strategic partnership in the textile sector. The company, established in 1990, began production in 1994 with German technology.
Tags
Textile - SpinningTextile
Filatex India (FIL) was incorporated on August 8,1990, promoted by Madhu Sudhan Bhageria, Purrshottam Bhaggeria and Madhav Bhageria belonging to a reputed and well established business family. It started its first manufacturing facility in January, 1994 in Noida (UP), to manufacture 500 TPA Specialty Polyester/Nylon/ Polypropylene Monofilament yarns in Technical collaboration with Reifenhäuser, GmbH, Germany, who are pioneers in Extrusion Technology in the world and have supplied Monofilament Plant and Machinery to leading world manufacturers like Du Pont, Hoechst, Bayer, etc.