
SEL, a Ludhiana based company is planning to set up a yarn spinning facility in Madhya Pradesh with an investment of Rs. 19200 million. The new unit will be the largest spinning facility in a single location in the country. It will spread over 400 acres and have 4 lakh spindles on completion. However, it will have 2 lakh spindles in phase I and financial closure had been achieved for the same.
Leave a Reply