Sutlej Textiles & Industries has commenced work on the project for setting up of a Green Fibre project to manufacture Raw White & Black Recycled Fibre with capacity of 120 MT/Day.
Project will be funded by mix of internal accruals and debt. Project cost is around Rs 189 crore and capital expenditure of Rs 10 crore already done. Commercial production is expected to start in Q1FY20-21.
Sutlej Textiles & Industries is one of the prominent manufacturers of cotton and cotton blended dyed and melange yarn in the country.