Friday, November 01, 2013
SEL MANUFACTURING COMPANY LTD: Buy in Bulk
SEL Textiles Limited, a wholly owned subsidiary of SEL Manufacturing Company Limited, recently commissioned the state-of-the-art Greenfield Mega Integrated Textile Park at Village Panjava, District Muktsar, Punjab in April, 2013. In the first phase, SEL commissioned the yarn spinning section, which is being set-up with a capacity of nearly 2 lac. spindles. This unit will have forward integration in denims.
SEL has already proved its capabilities in implementation of new projects. The better performance of the Company is attributable not only to better textile market conditions but also to the increased production levels on account of various expansion projects undertaken by the Company in the preceding years, including one of the largest spinning units at Village Mehatwara in Madhya Pradesh and the doubling of the capacities of the spinning units located at Hansi in Hissar and Neemrana in Rajasthan. SEL is confident that the true value of expansion shall be captured in the years to come, thereby fulfilling the expectations of its stakeholders.