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Private Sector | Punjab - India | PID: 88923
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Value: 1150 Crore | Textile Group SEL Said It Would Invest Rs 1,150 Crore On Setting Up New Spinning Unit And Expanding Its Terry Towel Business In Punjab
The Company Has Proposed To Invest A Sum Of Rs 900 Crore On New Spinning Facility With A Capacity Of 2,10,000 Spindles And Rs 250 Crore On Expanding Terry Towel Making Capacity From 45 Tonne Per Day To 100 Tonne Per Day
The New State Of The Art Yarn Spinning Unit Coming Up In Punjab Will Have Capacity Of 2,10,000 Spindles With Investment Of Rs 900 Crore, SEL Executive Director And CEO V K Goyal
The Plant Shall Be The Largest Spinning Plant At A Single Location In The State, Which Will Generate A Direct Employment Of Over 2,500 People, Goyal Said. Plant Will Be Ready By Third Quarter Of Next Year
| Updated on: 16 - Apr - 2011
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