Fairdeal Filaments Ltd. a Shahlon group company has established its presence in sizing textile business in 1990 with just 3 polyester yarn sizing machines in Surat (Gujarat) - India. It has established scalable production facilities and service support for manufacturing of various synthetic yarns and fabrics with the help of hi-tech and advance technology. Its shares are listed on leading BSE.
Shahlon group ventured into textile business in 1984 with 12 traditional power looms in Surat, Gujarat (India) and steadily expanded into twisting, sizing, texturising and weaving home textiles and garments. Forward integration has been the cornerstone of evolution and growth of the group. It is among the largest fabrics manufacturers in India. In 1994, we became public limited company.
Within a span of 23 years it has grown to become a manufacturer of world class synthetic yarns, beams, fabrics, home textile and garments selling directly to manufacturers, exporters, defense and wholesale. Today it is a group having turnover of over Rs 175 crores and employees’ strength of over 1000. Besides group turnover of Rs 175 crores, It also market Reliance’s synthetics yarn products of around Rs 700 crores.
In the year 2008 the company has successfully installed fourteen TFOs, Himson make 1 texturising machine and 1 texturising machine in April’2008 at a total cost of Rs 6.05 crore at Karanj. Your company has successfully implemented RAMCO ERP software in the organization. Necessary term finance for expansion were secured from Bank of Baroda.
Business area of the company:
Fairdeal is engaged in manufacturing of texturised, twisted and sized yarn and weaving on water-jet looms. The basic raw material for manufacturing company’s product is POY, FDY, PFY etc. The company procures basic raw material from big Spinners who controls the downstream textile industry.