Faze Three
FAZE3Q · Textiles & Apparels > Textile · Chairman: Ajay Anand · MD: Ajay Anand · Listing date: Aug. 23, 1995

Faze three was incorporated in 1985. It manufactures and sells home furnishing products in India. It also offers automotive textiles to OEMs. The company exports its products to various stores and outlets in approximately 11 countries. Faze Three is headquartered in Mumbai, India. 

Business area of the company:

The company is engaged in the textile business.

Products:

Bathmats, doormats, blankets, rugs, cushions, throws curtains, bedspreads and matelasses, kids line, kitchen line& kitchen products

Milestones:

  • 1990 - Established plant for Accent Rugs & Mats at Panipat.
  • 1995 - Listing on Stock Exchange.
  • 1998 - Joint Venture with German Multinational for Automotive Textiles, Established Carpet Division.
  • 1999 - Collaborative agreement with Whitley Willows, Bathmat Manufacture and Dyeing Plant in Panipat.
  • 2001 - Fourth Plant For Weaving and Automated Cut & Sew Operation - Dapada.Increased Accent Rug capacity.
  • 2003 - Weaving Plant Relocated from U.K. to Dapada Unit.
  • 2005 - Established New Rubber Backed Bathmat Plant With 8 Million pc./yr.Collaboration agreement with Milliken - USA for technical fabric.
  • 2006 - Relocated from U.K. Increases Capacity To 16 Million pcs.2007 - Acquired Pana, 3rd Largest Bathmat manufacturing company in Europe.
  • 2008 - Increased manufacturing capacities. Panipat - 15 Mln. Pcs Bath, 11 Mln. Pcs. Accent Rugs.Dadra - 10 Mln. Pcs Bath, Dapada-9 Mln. Pcs Window Panel/Shower Curtain /Blanket - 9 Mln PCS Cushions/Pillows
  • 2013 - Faze 3 Group Turnover - $81 Mln. Faze 3 Turnover - $63 Mln.
  • 2016 - Faze 3 Group Turnover - $110 Mln. Faze 3 Turnover - $80 Mln.