One of the K K Birla Group companies, Sutlej Textiles & Industries is on the way of mordanisation and expansion with an investment of Rs531 crore.
By the end of second quarter, the company has increased to a net profit of Rs11.28 crores. The company is to invest of Rs531 crores in the greenfield and brownfield projects.
Sutlej Textiles has a spinning capacity of 1.63 lakh spindles in its two spinning units at Bhawanimandi and Kathua which produces 4.8 million metres of fabrics and processes 18 million metres per annum.