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The Textile Magazine
JUNE 2012
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71
Sehore
district of
Madhya Pradesh
in April 2011. Out of
the total capacity of 400,000
spindles, nearly 150,000 spindles
are already operational, and the unit
is targeted to be fully operational by
the year end.
During the year, SEL also laid the
foundation for its state-of-the-art
greenfield mega integrated textile
park being set up by SEL Textiles
Ltd., a subsidiary company, at
Panjava village in Muktsar district
of Punjab at an investment of about
Rs. 1,500 crores. This project has
capacities of 188,160 spindles in
ring spinning, 40 million metres
per annum in denim fabric and 8
million pieces of denim garments
per annum.
Civil work for the
said project has already
started. With this venture,
the group will enter the world of
denims.
The year also witnessed expan-
sion in the capacities of SEL’s
spinning units at Neemrana in
Rajasthan and at Hansi in Hissar by
addition of nearly 60,000 spindles.
In terry towel manufacturing, the
capacity has been increased from
45 tonnes to 100 tonnes per day.
Further, SEL Manufacturing
commissioned its 12 mw power
plant located at Hussainpur village
in Shaheed Bhagat Singh Nagar
district of Punjab. With this, the
group’s capacity of captive power
generation increased to 22 mw watt.
The expansion was part-financed
with equity, debt and internal accru-
als.
The company is emerging as a
leading textile manufacturer over
the last few years. From the setting
up of its first spinning unit in 2005
and its first loom in 2008, the com-
pany is building up its capacities
with ultra-modern technologies.
With the resourceful utilization
of technology and human capital,
driven by systems and forward-
looking approach, the group is carv-
ing out a niche for itself not only
in the Indian but the global textile
industry.
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