Indorama to augment spandex, Inviya capacity by the end of 2022

14 December 2021, Mumbai:

Indorama India Private Limited (formerly called Indorama Industries Limited), which is engaged in the production and marketing of INVIYA brand of spandex since 2012, has solemnised the ground-breaking ceremony of its third plant (termed as P-3) at its existing site at Baddi in Himachal Pradesh recently. 

The new plant will augment the spandex capacity of Indorama to 75 MT/day by the end of 2022, the company said in a media release.

INVIYA is well-positioned to provide functional solutions to high-end garments, accessories like elastics, tapes, etc, and hygiene products like diapers. Incidentally, Indorama is the only company in Indian subcontinent to produce elastomeric yarns meant for these applications (elastics/narrow fabrics/diapers).

INVIYA spandex is available in deniers ranging from 10 to 1680 in different lusters to address the consumer needs across various segments. Apart from these, various cross-functional teams of INVIYA work closely with customers to work out solutions to meet various requirements.

Spandex market demand is pegged at around 45,000 MTs in India and with a push from the government, this is slated to grow at a CAGR of around 14-15 percent.

Apart from meeting demand in domestic markets, INVIYA is exported to various countries like Bangladesh, Turkey, and Latin American regions for various applications in the textile/clothing segment.

Indorama India Private Limited is part of Indorama Corporation, which is headquartered in Singapore.

Fibre2Fashion News Desk  (The news article has not been edited by DFU Publications staff)

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