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Sutlej Textiles to expand operations of Bhilad unit

17 Sep 2014 Evaluate

Sutlej Textiles and Industries has received an approval to expand the operations of one of the company’s units - Damanganga Home Textiles based at Daheli, Bhilad, Gujarat at a cost of Rs 88.50 crore. The project will be implemented in FY 2015-16 and the capacity will increase to 9.6 million metres per annum. The board of directors at their meeting held on September 17, 2014 has approved for the same.

The board also decided to close the operations of one of the company’s units at Damanganga Fabrics, based at Daheli, Bhilad, Gujarat in view of its un-economic working. The company is complying with the necessary requirements of law in relation to the closure of this unit.

Sutlej Textiles and Industries has 260,872 spindles for spinning yarn, six million metres a year for apparel fabrics, 1.6 million trousers a year and 3 million metres a year for home textiles fabric. It has plants in Jammu and Kashmir, Rajasthan and Gujarat.

Sutlej Textiles&Inds Share Price

36.86 -0.23 (-0.62%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 26.12
Filatex India 44.94
Nitin Spinners 419.70
Nahar Spinning Mills 249.20
Sanathan Textiles 427.00
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