Home / Knowledge / News / Apparel/Garments / SEL Textile Park to produce 45 mn pieces of knitted garments/year
SEL Textile Park to produce 45 mn pieces of knitted garments/year
04
Jul '08
With reference to the news item appearing in a leading financial daily titled "HNIs seen holding up SEL Manufacturing", SEL Manufacturing Company Ltd has clarified to that the Company is setting up an Integrated Textile and Apparels Park at Village Sekhan Majra, District Nawan Shaher for which concerned SPV has received approvals from the Ministry of Textiles of Government of India sanctioning the Project under the Scheme for Integrated Textile Park (SITP) entitling to get maximum subsidy of 40% of total infrastructure cost for setting up the same by the SPV.

The said project has been approved by the Project Approval Committee (PAC), under Ministry of Textiles, Government of India in its meeting held on May 16, 2008. The Company received sanction of Project letter dated May 29, 2008 from Government of India.

The said textile park would be of a built up area of appx. 10 lakh Sq. feet and a manufacturing capacity of 45 million pieces of knitted garments every year and generating employment opportunities directly/indirectly for appx. 25000 people.

Further there is an expansion project of the Company for setting up of Technical Textile Manufacturing facility with an overall investment of appx. Rs 611.67 Crores to be located at Vill. Shekhan Majara, Machiwara Rahon Road, Teh. & Distt. Nawanshehar: Technical textiles facility include manufacturing of hygiene products and surgical clothing etc.

The said Project would be under Textile Up-Gradation Fund Scheme (TUFS) and would consist amongst others:
a) Setting up of (facilities to manufacture Technical Textiles having a capacity of 90 TPD) for manufacturing hygiene product i.e. wipes, diapers, sanitary napkins, panty shields and surgical clothing i.e. glows, masks, gowns etc. In addition the Company is also venturing into Geo textiles and automobile upholstery.

Further the Company has informed that the Company has already acquired land for setting up of the aforesaid Project. The said Project has been appraised by SBI Capital Markets and the Company has made proposals with various Banks for meeting out the Debt portion required for the aforesaid project and till date the Company has obtained sanction of credit facilities (for the said project) from state Bank of Patiala and Indian Bank respectively.

SEL Manufacturing Company Ltd


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search