BSL Ltd commissions ₹150-cr cotton spinning unit in Bhilwara, India

Less than a year ago, the company decided to venture into manufacturing 100 per cent cotton yarn and in record time it has set up a cotton yarn spinning facility. BSL Ltd will offer different counts ranging from 1/20, 1/30, 100 per cent cotton yarn ranging from combed yarn, carded yarn and siro spun yarn. These yarns will be offered for sale commercially, for both export and domestic market, the company said in a media release.

BSL Ltd is the exclusive supplier of furniture fabrics from South Asia for Ikea and its products are available in all 450 Ikea stores globally. The company also has two suitings brands, BSL and Geoffrey Hammonds (GH), catering to the mass market and premium segment respectively. BSL Ltd has expanded its product range and offerings, particularly for domestic customers, with a focus on pure wool and poly wool fabrics, ethnic wear, and Jacquards. It has also launched a new brand, GH-Insignia.

In case of exports, it offers a variety of suiting fabrics exported to over 55 countries, as well as an exclusive selection of upholstery fabrics for curtains and upholstery. BSL Ltd has a dealer network across India and a strong presence in the market, the release added.

Commenting on the expansion, managing director, Nivedan Churiwal said, “India has one of the fastest-growing cotton spinning businesses in the entire world, and there is an extensive market for cotton yarn and other cotton-based products in the country and abroad. This is due to various factors like the recent China Plus One Policy, strong demand from the Indian and international markets, an abundant supply of raw materials and production of high-quality goods by Indian manufacturers. We at BSL Ltd are confident that our goals will be met with the help of multiple initiatives such as the newly established cotton spinning facility, other expansion plans, and with our diverse portfolio.”

Fibre2Fashion News Desk (KD)