Sutlej Textiles and Industries Ltd. (STIL), a leading manufacturer of value-added synthetic, cotton and blended yarns, fabrics & home textiles, has announced its plan to expand operations at one of its units, Damanganga Home Textiles, Daheli, Bhilad in Gujarat, at a cost of Rs. 88.50 crores. The project will be implemented in FY 2015-16. This would result in increasing the capacity in the existing facility to 9.6 million metres from 2.5 million metres per annum.
The company decision to expand operations in the Home Textile Division will ensure further strengthening of its end-to-end operations – yarns to home textiles. It has also been decided to close the operations of Damanganga Fabrics, Daheli, in view of its uneconomic working.
STIL, by virtue of its presence across globe, exports to 60 countries and has its presence across Australia, Argentina, Bangladesh, Canada, China, Egypt, England, France, Germany, Greece, Hong Kong, Indonesia, Pakistan, Panama, the Philippines, Sri Lanka, Turkey, the US, the UAE and Vietnam.