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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence POLITICAL ECONOMY | PART 1: THE TELECOM TEST The Sangh’s Costliest Blunder: Keeping Narendra Modi in the Chair After Demonetisation and a Trail of U-Turns Two private giants, one state-propped survivor, roughly ₹3.22 lakh crore in announced BSNL revival and support packages (spectrum allocation included), and ₹1.41 lakh crore of AGR dues still on the books: telecom shows what happens when one man’s brand becomes the party’s only policy. This is an argument against Narendra Modi, not against the BJP. SYNOPSIS India’s telecom market has narrowed from a messy but real plurality into two dominant private networks, one weak private survivor kept alive by government equity, and a public operator that has needed about ₹3.22 lakh crore in announced support packages and spectrum allocations, not all of it cash. The 2010 spectrum auctions that started the debt spiral were a UPA-era event, and we say so plainly. But a ...
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SEL to set up Technical Textile Park in Himachal Pradesh
SEL Manufacturing Company Ltd has informed that the Company is setting up a Technical Textile Park in the State of Himachal Pradesh for which concerned SPV has applied for the approvals from the Ministry of Textiles of Government of India for sanctioning the Project under the Scheme for Integrated Textile Park (SITP).
The said project would be one shop solution for entire manufacturing process for the technical textile products which include hygiene products like wipes, diapers, sanitary napkins, panty shields and surgical clothing i.e. gloves, masks, gowns etc.The project will be setup with an Overall investment of app Rs 500.00 Crores and would cover an area of appx. 100 acres of land and is expected to generate Employment for appx. 10000 people.
SEL inaugurates Greenfield Mega Integrated Textile Project
SEL Manufacturing Company Limited has now added two more feathers in its cap, by inaugurating Greenfield Mega Integrated Textile Project, in tandem with laying foundtion stone for Rhythm Textiles and Apparel Park Limited, on September 4, at Village Sekhan Majra, District Nawan Shaher, Punjab.
The plant was inaugurated today by President (SAD), S Sukhbir Singh Badal. Present on the occasion were S Charanjt Singh Atwal, Deputy Speaker, Lok Sabha, S Sharanjeet Singh Dhillon, M P, Jathedar Hira Singh Gahbria, Cabinet Minister, S Jitender Singh Kariha, M L A, Nawan Sheher, Prof Rajinder Bhandari, President Punjab BJP and Sh Harish Bedi, M L A, Ludhiana (North).
The Company is implementing the project for setting up one of the largest Technical Textiles facilities in India. Here medical clothing, wipes, diapers and Geotextiles would be manufactured to support the growing infrastructure requirements of India. SEL would further enhance its product mix by adding value added products like Designer Terry Towels integrated with Open End Spinning facilities. It is also in process of creating self sufficiency in Power by setting up Captive Power Plant for its existing and upcoming manufacturing facilities.
The SAD President also laid the foundation stone of Rhythm Textile and Apparels Park Ltd on this day. The park with a capacity to manufacture 54.00 million pieces per annum of Knitted Garments would be one of the largest garmenting manufacturing facilities under one roof. With a covered area of 10 lakh sq ft, it would be one stop solution for garment manufacture having facilities from knitting, printing, embroidery, washing, packing, labelling etc.
The park is expected to generate employment for about 25000 people.
In the month of May, SEL had already received approvals for this project from the Ministry of Textiles, under the Scheme for Integrated Textile Park (SITP) entitling to get maximum subsidy of 40 percent of total infrastructure cost for setting up the same by the SPV.
Speaking on the occasion, Mr Neeraj Saluja, Managing Director said, “We aim to be among the top three integrated textile makers in India by two years.”
Further he stated that the Company has set up a residential colony for its workers, has a well-equipped and modernized training centre for development and upgradation of its work force.

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