Fiberweb (India) Ltd Secures Rs 109 Million Export Orders
Fiberweb (India) Limited has recently obtained export orders worth Rs 109 million (US$1.31 million), marking an impressive achievement. These orders cover both PP spun bond and melt blown fabrics. The US-based team secured these orders and it is only the second order of the season in the US and other countries. Fiberweb’s success in the competitive US market is attributed to its research and development efforts and innovative product offerings.
As a pioneer in the industry, Fiberweb (India) Ltd is a 100% export oriented unit (EOU), recognized as the largest exporter and a Star Export House. The company maintains its commitment to quality with ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certifications. The company’s melt blown line, in operation since January 2018, has gained widespread market acceptance.
Pravin V. Sheth commended the efforts of the company’s technicians and the US marketing team for their dedication. Despite rising crude oil prices and increased polypropylene costs, Fiberweb has managed to maintain profitability by absorbing these costs in the selling prices, especially with the devaluation of the rupee making exports more attractive.