Sintex
Sintex (formerly known as The Bharat Vijay Mills Ltd and Sintex Industries Ltd) is the world's largest producer of plastic water tanks and Asia's largest manufacturer of corduroy fabrics.
The company operates in Europe, America, Africa, and Asia, especially in France, Germany, and the US. It primarily works with building materials, textiles, prefabricated structures, custom molding products, monolithic construction and water storage tanks.
In March 2023, it was announced that, in separate agreements, Sintex Industries Ltd. (SIL) and Sintex Plastics Technology Limited were acquired by Reliance Industries (RIL) and Welspun Group, respectively. After completing the purchase, RIL now holds 70% of SIL's share control and will manage the company jointly with Assets Care & Reconstruction Enterprise (ACRE).
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