- CEO
- Shaleen Toshniwal
- Full Time Employees
- 12,596
- Sector
- Process industries
- Industry
- Textiles
- Address
- Gopal Bhawan Mumbai MA India 400002
- IPO Date
- Mar 7, 1995
- Business
- Banswara Syntex Limited is a leading integrated textile manufacturer specializing in the production and sale of synthetic and blended yarns, terry towels, denim fabrics, and dyed fabric. The company's core product portfolio includes polyester spun yarns, blended yarns, terry towels under its brand, dyed and grey denim fabrics, and knitwear. It operates primarily in India with a significant presence in both domestic and export markets, catering largely to textile manufacturers, garment producers, and apparel brands. Established in 1985 and headquartered in Mumbai, India, Banswara Syntex is recognized for its vertically integrated manufacturing facilities which enhance its control over quality and supply chain.
Recent major company developments include strategic expansions of its product offerings with a focus on value-added fabrics and yarns, alongside the adoption of newer sustainable textile technologies. The company has also fortified its market position by enhancing capacities in terry towel manufacturing and expanding its denim fabric production units to meet growing demand. In the last 1-2 years, Banswara Syntex has pursued partnerships aimed at technology upgrades and sustainability initiatives, bolstering its competitive edge in the textile industry. These operational expansions and product line enhancements are part of the company's broader strategy to diversify its product mix and cater to evolving market needs.
Operating mainly in the textile industry, Banswara Syntex serves various segments including fashion apparel, home textiles, and industrial textiles, targeting manufacturers and exporters. It maintains an extensive network across India with export operations to global markets. The company remains focused on innovation, quality, and sustainability to maintain its leadership in the synthetic and blended textile sector. It continues to invest in modern technologies and capacity expansion while sustaining its headquarters in Mumbai as the central hub of its operations. Banswara Syntex Limited leverages its integrated operations to deliver a comprehensive range of textile solutions to its varied clientele.