|Home >> Business Profiles >> Schlafhorst Engineering (India) Ltd|
Schlafhorst Engineering (india) was incorporated in 1981. The company is promoted and managed by the Mafatlal group. However, it is now a 51 per cent subsidiary of Saurer group of Switzerland. The main Business Profile of Schlafhorst Engineering (India) is textile machinery.The company`s plants are located in Halol and Vadodara (Gujarat). Incorporated as Padmatex Engineering Pvt. Ltd., the company was originally promoted by the Mafatlal group. It is now a subsidiary of Saurer group of Switzerland which holds a 51% stake in the company. The company manufactures Automatic Cone Winders, Draw Frames and Speed Frames. The company has also received ISO 9002 certification for both its factories located at Halol and Vadodara.
The major products are automatic winding machines and draw frames used in textile machinery. However almost 60 per cent of turnover is contibuted by sale of spares. The company has been declared as a sick company under SICA (Sick Industrial Companies Act , 1985) during 1999-00 and ICICI has been appointed as the operating agency.
|Contact Address Details|
||Post Box No 55, Chandrapura Village, Taluka Halol,
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