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Sutlej Textiles & Industries Board approves greenfield project

Tuesday, 10 May 2022
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The Board of Sutlej Textiles & Industries has approved setting up of a greenfield project. 
 
The greenfield project involves 89,184 spindles comprising of cotton mélange yarn and PC grey yarn along with dye house in Jammu & Kashmir. 
 
The estimated cost of the project is Rs 914 crore funded through internal accruals and debt. The project will be implemented around Q4/FY25. 
 
The existing capacity of the company in yarn production is around 4.21 lakh spindles.
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