Sutlej Textiles gets nod for Greenfield project in Jammu & Kashmir
9th May 2022

Sutlej Textiles and Industries has received approval from its board for setting up of green field project for 89,184 spindles comprising of Cotton Mélange Yarn and PC Grey Yarn along with Dye House in Jammu & Kashmir at an estimated project cost of Rs 914 crore which will be implemented around Q4 FY25. The project will be funded through internal accruals and debt.

The existing capacity of the company in yarn production is around 4.21 lakh spindles. The company operates at around 94 -95% capacity utilization.

Sutlej Textiles and Industries primarily deals in cotton and man-made fibres yarn and home textiles.