SEL Textiles Limited, a SEL Group company, recently laid the foundation stone for the state-of-the-art Greenfield Mega Integrated Textile Park at village Panjava, Tehsil Malout in District Muktsar, Punjab with an investment of about Rs. 1500 crore. SEL is setting up the project with the state-of-the-art technology having capacities of 1,88,160 spindles in ring spinning, 40 million metres per annum in denim fabric and 8 million pieces of denim garments per annum. The estimated outlay for the project is nearly Rs. 1500 crore. The project is targeted to be operational in the next fiscal year. SEL had earlier commissioned the first phase of its 4 lakh spindlage plant at village Mehatwara in District Sehore of Madhya Pradesh in a record time and established a new bench mark in project implementation.
In this Textile Park special emphasis will be on employment of women and regional workforce besides development of green-belts. The major raw material for the project i.e. cotton, shall be procured mainly from the northern belt consisting of Punjab, Haryana and Rajasthan, hence creating value-addition for the textile sector in the region. The textile park will generate direct employment opportunities for 8,000-10,000 people and indirect employment opportunities for over 40,000 people.
