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Banswara Fabrics Limited :

Banswara Fabrics Limited, incorporated on 16 March 1980. It started as a manufacturing unit for texturised yarn, later started fabric production. Now, it is manufacturing and selling fabric on the looms installed at Malegaon. Its paid up capital is Rs. 78.21 lacs. It is completely a debt free company.


Carreman Fabrics India Limited :

Banswara Syntex Limited entered into Joint Venture with a French Company Carreman France.  As per the Joint Venture Agreement both Banswara Syntex Limited and Carreman Hold 50:50 equity share capital on the company. Carreman Fabrics India Ltd. was incorporated in 17 Feb'2006.  This company has state of art weaving plant having 60 brand new Picanol Rapier Looms.  This company is being managed by the French technicians.  It does job weaving work for Banswara Syntex Limited.  The total fabric production during the year 2008-09 was 62.35 lacs meters as against 50.78 lacs meters in the year 2007-08.  It is a profit making company.  Its total paid up capital is Rs. 1420 lacs.

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