- Business
- Konark Synthetic Limited, a textile manufacturer listed on the Bombay Stock Exchange (ticker: KONARKSY.BO), produces specialty polyester yarns including texturized and air-texturized varieties at its facility in Silvassa with an annual capacity of 3,000 tons; woven and processed fabrics such as yarn-dyed and piece-dyed 100% polyester and blends with cotton, linen, rayon, and silk at a capacity of 120,000 meters per month; cotton yarns in carded, combed, and compact forms through subsidiary India Denim Limited with 36,000 ring spindles and open-end spinning lines; and readymade apparel comprising trousers, shirts, and shorts from a 300-machine plant in Bangalore with capacity for 500,000 pieces annually, primarily serving export markets in the United States, Turkey, China, and the Middle East. Founded in 1984 and headquartered at Building No. 7, Mittal Industrial Estate, Andheri Kurla Road, Mumbai, India, the company operates vertically integrated facilities across yarn production, spinning, weaving, processing, and garment manufacturing, with additional involvement in real estate development and renewable energy generation including solar and wind power. In July 2025, Konark Synthetic completed the sale of its property at Silvassa Industrial Co-operative Society to Amar Texoweaves LLP for Rs 7 crore to streamline operations and reduce debt, following prior divestitures such as the Sarigam facility; promoter holding remains stable at 74.99% as of 2025.