Company History: The Company was incorporated on January 30 1987 in the State of Maharashtra.The Company has been promoted by a team of entrepreneurs having good experience in the textile industry. Chief Promoters of the company are Dr. Mohanlal Piramal Mr. Ashok M. Bhawnani & Mr. R. K. Shriya.
Company's factory located a Silvassa is engaged in manufacturing texturised/twisted polyester filament yarn. The installed capacity is 408 spindles for texturising & 3608 spindles for twisting. Commercial production commenced in December 1987. The Company has also set up a new project at Daman for setting up of two Draw texturising & three TFO twisting machines. The capacity was later expanded to 864 spindles of texturised yarn and 3848 spindles of twisted yarn.
1996-97:The Company proposes to install Two Draw Texturising Machines of 240spindles each together with Roto attachment with a total capital outlayof Rs. 650 lacs at its existing site at Daman. It is also thinking toconstruct a RCC/ACC structure of about 12 805 sq. ft. on the existingtwo story Building. The project is being financed by Term Loans fromFinancial Institutions/Banks and from internal accruals.
2007
-Omnitex Industries India Ltd has appointed Mr. Deepak P Advani and Mr. Vivek M Jalanas Directors of the Company w.e.f. January 29 2007.
