Prag Bosimi Synthetics

Prag Bosimi Synthetics Limited is an Indian public company, established as a joint sector undertaking in Assam, specializing in the manufacturing of Polyester Yarn. Although its factory is currently not operational, the company's main goal is to restart manufacturing by implementing major cost-cutting measures to ensure long-term sustainability. The company seeks to leverage its strategic location in northeast India to tap into export opportunities, aligning with the government's 'look east' policy. To achieve energy self-sufficiency for its factory, the company is exploring the possibility of setting up its own Bio-Diesel unit. Any surplus power generated from this new venture may be sold to the grid or utilized by its subsidiary and associate companies, creating an additional revenue stream. Furthermore, its associate company is making significant progress with a textile park project which is reported to be approximately 80% complete.;