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Banswara Syntex Ltd. 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. It has also production of Technical Fabric.


It was incorporated in the year 1976. 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 hold 53.54% 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 143240 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 for products of women used Lycra manufacturer and with another French company Treves SA for Automotive Textiles in 2012.


The Company is one of the largest single mill setup producing spun fibre-dyed yarns in Asia and 90% of the production is fibre dyed.


The Company also has a large Lab dye house with latest technology machines for dyeing of fiber, yarn & wool 40 Tons/day. It also started the production of laminated & other type of technical fabrics for high altitude weather & also suitable for sports wear etc. The company has also started production of wool & wool mixed fabrics in the brand name of "SaintX" for domestic supply. It is also supplying all wool & P/W fabrics world's most reputed brands all around the globe. Commenced generation of power on 2nd unit of Thermal Power Plant of 15 MW capacity and has a captive power of 30 MW.


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 in Readymade Garment manufacturing in the year 2004. For Readymade Garments at Daman (U.T.) to manufacture trousers. 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 BTM Unit has a power capacity for fabric processing of 60 Million Meters/year.


The company is a Government recognized Four Star Export House having IS/ISO 9001:2008 certification & IS/ISO 14001:2004 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 for PV fabrics.


Milestones

  • 1976 : Year of incorporation.
  • 1976 : Started production initially with 12500 spindles.
  • 1993 : Started cloth Weaving activity with the brand name of BANTEX mainly for domestic market.
  • 2004 : Started production of Readymade Garments
  • 2005 : Banswara Textile Mills Ltd. (BTM), an associate firm engaged in fabric finishing activity, amalgamated with the company.
  • 2006 : The Company also entered into Joint Venture with French Company Carreman.
  • 2007 : Started first unit of 18 MW captive thermal power plant.
  • 2008 : Started production of Made-up's and Worsted Spinning.
  • 2011 : Started second unit of 15 MW captive thermal power plant.
  • 2011 : Started production of wool & wool mixed fabrics in the brand name of "SaintX" for domestic supply.
  • 2012 : Entered into Joint Venture with French Company Treves SA for Automotive Textiles.
  • 2015 : Bought the complete stake in Carreman JV after increasing its stake to 80% in 2012.
  • 2016 : Started a new brand SOGNARE for domestic sales.
 
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