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Sutlej Textiles to invest Rs 175 crore for expansion at J&K plant

04 Feb 2014 Evaluate

Sutlej Textiles and Industries is planning invest Rs 175 crore to expand its plant in Jammu and Kashmir (J&K). Further, the company has taken a term loan of Rs 131 crore and another Rs 44 crore will be used from internal accruals.

The company is adding 31,000 spindles to the existing 2,60,000 spindles at the Jammu and Kashmir facility. Besides, the company has two more home textile and synthetic fabric units.

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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