Iluna Group and Maglificio Ripa announce a strategic partnership in the name of sustainable fashion
14 December 2021, Mumbai:
Indorama India is the latest name to join the list of India's textile behemoths (formerly Indorama Industries Limited). The firm, which has been producing and distributing the INVIYA brand of spandex since 2012 and is a subsidiary of Singapore-based Indorama Corporation, performed a dramatic groundbreaking ceremony for the third facility on the current site in Buddy (Himachal Pradesh).
The new plant, according to the business, would expand spandex capacity by 75 MT/day by the end of 2022.
Spandex market demand in India is estimated to be over 45,000 MTs, according to market research estimates, with a push from the government, this is expected to rise at a CAGR of roughly 14-15 percent.
INVIYA is ideally positioned to deliver practical solutions for high-end clothes, elastic cords, tapes, and sanitary items like diapers. By the way, Indorama is the only manufacturer of elastomeric threads (elastic/thin cloth/diapers) for these purposes in the Indian subcontinent. INVIYA spandex is available in a range of glosses ranging from 10 to 1680 denier.
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