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Filatex India’s textile-to-textile recycling plant is scheduled to commence operations by September 2026.
The facility will have an annual processing capacity of 27,000 tonnes and is projected to generate ₹300–350 crore in revenue at full capacity utilisation. The plant’s output is expected to cater to the rising demand for recycled textiles, with supply agreements already secured with Decathlon and discussions underway with several other global brands.
Chairman and Managing Director Madhusudan Bhageria expressed optimism about the company’s growth prospects, noting that additional domestic PTA capacity is likely to support margin expansion. Commenting on the impact of Free Trade Agreements (FTAs), he said, “These FTAs will benefit us significantly. Our duties will be much lower compared to China, and exports are expected to increase multifold once they are fully implemented.”
News by Rahul Yelligetti.
