About Sarla Performance Fibers Limited, Thread, Yarn Manufacturers, Suppliers, Exporters, India Sarla Performance Fibers Limited, Group Companies, Associate Companies Sarla Performance Fibers Limited, Global Presence Polyester/Nylon Yarns, Sewing Threads Manufacturers/Suppliers, India Manufacturing Facilities Investors corner
Home News & Events Careers Contact Us Site Map
Sarla Performance Fibers Limited (SPFL) - History and Evolution
 
History & Evolution
Company Profile
Board of Directors
Vision & Mission
Achievements & Milestones
New Ventures & Future Plans
Innovation @ SPFL
Quality Policy
 
The promoters of the company, Mr. Madhusudhan Jhunjhunwala, the Chairman and Mr. Krishna Jhunjhunwala, the Managing Director, have had a long association with the textile sector which dates back to the 1960’s. Beginning with trading, their involvement in the textile industry evolved over the years from fabric weaving to manufacturing commodity yarns and in recent years, to specialized and value added yarns.
 
  1993
Sarla Polyester Private Limited (SPL) was formed with the status of a 100% Export Oriented Unit (EOU).
 
  1994
Sarla Polyester Pvt. Ltd. was converted into a public limited company.
 
  1995
Established its first manufacturing unit in Silvassa at the Amli Piparia Industrial Area for polyester textured / twisted yarn.   
SPL was listed on Bombay Stock Exchange Limited (BSE).
 
  1996
Established an in-house dyeing plant in Vapi consequently broadening the product offering to dyed yarns.
 
  1997
Introduced its second core product Nylon textured / twisted and dyed yarn.
 
  1999
Shifted focus from commodity yarns to providing customers with value added products. SPL introduced a slew of new products in the forthcoming years beginning with covered yarns. Amongst the first to produce and market air covered and conventional covered rubber/spandex yarns from India, today, SPL has one of the largest facilities to manufacture covered yarns in India.
 
  2000
Expanded product portfolio to sewing thread.
 
  2004
Established 2nd manufacturing unit in Silvassa to house increasing production capacities.
 
  2006
A change in the company’s name from Sarla Polyester Limited to Sarla Performance Fibers Limited (SPFL) to indicate the expansion in company’s operational activities from commodity products to multiple specialized products along with company’s changing philosophy of professionalism and diversification in the similar segments.
Established its 1st joint venture overseas in Honduras, Central America under the name Savitex S.A. de C.V.
  
Set up a spinning plant for conversion of nylon chips into high tenacity nylon 6 and nylon 66 industrial yarns. With this, SPFL became one of the first companies to establish manufacturing of specialized high tenacity threads which can be utilized in a wide range of applications.
  
 
  2007
Created Sarla Overseas Holdings Limited (SOHL), a wholly owned subsidiary as a separate investment arm for the company.
The company’s shares were listed on the National Stock Exchange of India Limited (NSE).  
Expanded production capacities in Silvassa.  
 
  2009
Established a joint venture in Portugal, Sarla Europe LDA, to strengthen the company’s foothold in the European market.
 
◄ Back ▲ Top