Omnitex Industries (India) Limited, founded in 1987, specializes in the trading of fabrics and yarn. The company has diversified its interests by promoting a joint venture in technical textiles and infrastructure development through its 33.88% stake in Strata Geosystems (India) Private Limited. Despite not having its own manufacturing operations, Omnitex trades significant volumes, evidenced by the purchase and sale of over 100,000 meters of fabric.
In 2015-16, Omnitex saw a slight increase in trading activities. However, the cancellation of a lease in August 2015 led to a decrease in gross income and a marginal reduction in the company's net worth. The company's strategic acquisitions, such as new premises in Mumbai, indicate a focus on enhancing operational capabilities.
