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THE TEXTILE MAGAZINE
AUGUST 2011
processing, it has utilised its decades
of experience and expertise in gar-
ment making to gain market share
not only in terms of volumes but also
of high-end varieties. An integrated
textile and apparel park being set up
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nearing completion. This park will
be a one-stop shop for knitting, em-
broidery, printing, washing, labelling,
packing, etc. With this project, com-
bined with the proposed expansion,
the group’s annual garment manufac-
turing capacity would increase from
20 million at present to over 50 mil-
lion knitted garments.
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growth of SEL has been north-
bound. In 2010-11, it achieved a con-
solidated turnover of Rs. 1,726.42
crores as compared to Rs. 967.83
crores in the previous year. The earn-
ings before depreciation, interest and
tax stood at Rs. 311.03 crores while
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in the year ended March 31, 2011.
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the Indian textile industry is sure to
dominate the world by 2020 as it has
huge potential to increase its share
in the world trade. This is mainly be-
cause of the growing shift in sourc-
ing from developed countries to Asia,
This gives an edge to SEL in terms of
its proximity to the port, availability
of labour, raw material, power logis-
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to customers.
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is of the view that forward and back-
ward integration is extremely impor-
tant for long-term competitiveness
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manufacturing and continuous in-
house product innovation. On the
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friendly practices are adopted across
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ent treatment with the latest technol-
ogy is accorded the highest priority.
He also asserts that the human
resources of the ever-growing SEL
family, combined with healthy work
practices, innovation and state-of-
the-art technology, would take the
group to greater heights.
A front view of the production facility at Mehatwara
COver StOry
particularly India. Simultaneous to its
presence across the entire textile val-
ue chain, SEL which will become an
even more integral part of the Indian
textile industry also enjoys a strategic
spread across many States – Punjab,
Haryana, Himachal Pradesh, Rajas-
than, Madhya Pradesh and Gujarat.