By Pallavi Baruah
Shahlon Silk is back on track, demand increasing during the festive season. The company has reached its 75% of pre-COVID level capacity and is expecting to come back to pre-COVID level by the end of December 2020
Mumbai, September 2020: Shahlon Silk Industries Limited, one of the leading players in the manufacturing of Man-made Fibre and Fabric in India, is back on track with increased capacity utilization to 75% and is expecting to reach pre-COVID levels by December 2020, on the anticipated increase in demand during the festive season.
The company is gradually returning to pre-COVID production levels with social distancing and screening norms at its three manufacturing units in Gujarat, located at Kim, Karanj, and Kosamba.
Mr. Dhirubhai Shah, Chairman Shahlon Silk Industries, said to Prittle Prattle News by sharing a press release, “Economic activity is improving in the country, which will give a further boost to festive consumption. The demand has started to pick-up. The festive season will peak in October-November during Navratri and Diwali and accounts for over 30-40% of our end-users’ annual sales. We cater to the fashion segment of women’s wear fabric, which is expected to go back to the January 2020 levels in less than three months.”
Migrant workers are also gradually returning to work. “We offered free bus rides for some workers from Jharkhand and Bihar, while others are returning by train,” added Mr. Dhirubhai Shah.
Shahlon is confident of reaching pre-COVID by the end of the fourth quarter. The company made efforts to convert a challenging period into an opportunity by manufacturing fabric for Personal Protective Equipment (PPE). This temporary pivot allowed the company to drive revenue and buy some time for its primary yarn and fabric business to recover. The company has an overall woven fabric manufacturing capacity of 42 million meters per annum.
Shahlon Silk Industries Ltd., leading fashion to technical fabric player to domestic and leading fashion brands across the world, is based in Surat, India’s textile hub. With the unwavering vision to be a fully integrated textile enterprise and the strong support from the workforce of more than 1800 employees, the company has expanded from a yarn marketing agency to texturizing, twisting, sizing, yarn dyeing, weaving, finish fabrics, and industrial infrastructure fabric player in the country.
Shahlon Silk Industries Limited is engaged in the manufacturing and exporting top quality fabrics and synthetic textile yarn across the world. Headquartered in Surat, SSIL has state-of-the-art facilities in and around Surat, India’s textile hub. The company has three manufacturing units in Gujarat, located at Kim, Karanj, and Kosamba.
The company is a leading player in the fabric used in women’s wear like sarees and garments, which are growing segments and have been growing at double digits. Shahlon’s garment manufacturers in Delhi, Mumbai, and Bengaluru who export to top brands like M&S, Matalan, H&M, Belk, and many more.
