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Indonesia Business Report 2018

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Discovery Reports

Boutique synthetic spun yarn producer Lotus Indah Textile Industries seeks partnerships and goes aggressive on industrial and speciality yarn segments

PUBLISHED : Tuesday, 03 July, 2018, 12:48pm
UPDATED : Thursday, 05 July, 2018, 10:20am

Having relocated its factory to Nganjuk, Lotus Indah Textile Industries is charting its growth through modernisation, amplified manufacturing capacity and by penetrating new business segments.

Boasting competitive labour costs, the relocated factory will allow Indonesia’s top producer of synthetic spun yarn for industrial applications to ramp up its production capacity by 20 per cent in the next two years. The new plant has allowed the Tolaram Group subsidiary to diminish overhead cost and boost export sales globally.

“We are very strong in industrial yarn, which remains our focus area for growth,” says president and director Arvind Gupta. “In fact, of the 24,000 tonnes per year that we produce, more than 50 per cent is dedicated to industrial yarn.”

“We are very strong in industrial yarn, which remains our focus area for growth”
Arvind Gupta, president and director, Lotus Indah Textile Industries

The company focuses on polyester spun yarn for industrial hoses, conveyor belts, filter fabrics, ropes and bag closing threads, and has a very strong presence across the globe in all the above segments.

“In the next five years, we plan to double our capacity, expand our product portfolio by foraying into various high-end applications, and become a visible brand in at least 50 countries globally,” Gupta says.

In response to stringent safety regulations in Europe and the United States in incorporating fire retardant components, the company has made an aggressive entry into this product. The company is also working to penetrate deeper into the safety and hygiene segment with products such as antibacterial, ultraviolet and Meta Aramids.

The company credits its success to its boutique shop approach, diverse and functional product mix, loyal client base and an energetic team. The company is continuously inviting partnerships from value chain users who seek reliable and quality producers to tie up their supply chain.

www.lotusindah.com/company.htm

www.tolaram.com