Banswara Syntex Limited (BSL) - Introduction & History
Banswara Syntex Limited (BSL)
is a vertically integrated textile mill manufacturing
man-made synthetic blended Yarn, wool and wool
mixed yarn, all type of Fabrics, Jacquard Furnishing Fabrics, besides production of
Readymade Garments and Made-up's.
Banswara Syntex Limited was incorporated in the year 1976.
While incorporation it was a joint sector company with
RIICO Ltd. (A Govt. of Rajasthan Undertaking) and Mr.
R.L.Toshniwal. In 1982 Mr.Toshniwal purchased the
shares from RIICO. Presently it is a Public Limited
Company, the promoters holding is 59.44% of Equity Share
Capital.
Initially it was a spinning mill with 12500 spindles.
As the journey continued the Company completed expansion,
diversification and modernization plans. Over the
last 3 decades, Company besides increasing the Spinning
capacity to 119188 spindles started production of Fabric
from 1993, Readymade Garments from 2004, Made-up's
and Worsted Spinning from 2008. The Company also
entered into Joint Venture with French Company Carreman in
2006.
The present installed capacity is 133588 Ring
Spindles including 14400 Spindles for Worsted Yarn
Spinning, 576 Air Jet Spindles, 194 Shuttles-less Looms,
12-Air Jet Jacquard Looms, 6 Stenters with processing capacity of 4
million meters per month, besides ready-made garment
production capacity for trousers 2.25 lac pieces
and 10000 pieces Jackets per month at Daman and Surat.
The company has a track record of expanding,
modernizing and diversifying its activities from time to
time keeping in view the increasing demands, quality
expectation of the customers, changing market requirements etc.
The company embarked on cloth weaving activity
in the year 1993 by setting up a state-of-art weaving
plant to manufacture quality fabrics in the brand name of
BANTEX
mainly for domestic market. The company manufacturing fabrics
with Lycra purchased from international brand,
Dupont. Banswara Syntex Limited exports its products
to more than 50 countries including US, UK, Canada, Spain,
Germany, Italy, France, Philippines, Turkey and GCC
countries.
BSL again diversified its activities into
Cotton spinning and Readymade Garment manufacturing in the
year 2004. For Readymade Garments, a separate unit was set
up at Daman (U.T.) to manufacture trousers in the brand
name of
INTEGRATION. Second Garmenting Unit was
set up in SEZ at Surat.
In the year 2005, Banswara Textile Mills Ltd.,
an associate firm engaged in fabric finishing activity, amalgamated with the company. The Company is also
introducing technical fabric and has setup coating unit
for the same.
The company is a Government recognized Two Star
Export House having IS/ISO 9001:2000 certification by the
Bureau of Indian Standards.
BSL, backed by a fashion-savvy team with a motto of
producing wide range of textile products with utmost
quality consciousness, is exporting its products and has won several
awards for its best export performance. It has
continuously won highest Export Award from SRTEPC for last 8 years
in a row. |