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Exhibition Status Update!

With 3 weeks until SHOWTIME, the 20th Anniversary edition welcomes an All-Star cast of new and returning exhibitors, making up the largest DOMOTEX asia/CHINAFLOOR to date. Due to high demand in all product...

Global designers to exhibit at Luxury Br…

Designers from Europe, Middle East and North America will exhibit at the upcoming Luxury Brands Carpet Show. The second edition of the curated Luxury Brands exhibition and designer carpet collection is scheduled to...

H&M to dress Swedish teams for Olymp…

Hennes and Mauritz Group (H&M) will dress the Swedish teams for the Winter Olympics and Paralympics in PyeongChang 2018. The company will create outfits for the opening and closing ceremonies. The collection will...

Saurer to show Allma TechnoCorder TC2 at…

Saurer Technologies GmbH & Co. KG Twisting Solutions, a leading provider of energy efficient solutions for tire cord, carpet, staple, glass filament, and industrial yarns, will present its Allma TechnoCorder TC2 innovative machine...

Cone Denim and Unifi launch S Gene with …

Cone Denim and Unifi have launched the latest in advanced stretch technology - S Gene with Repreve . Combining the advanced stretch technology of S Gene with the superior sustainability and performance of...

Shima Seiki to partake in Premiere Visio…

Leading computerised knitting machine developer, Shima Seiki Mfg., Ltd., is set to participate at the Premiere Vision show, a global event for fashion professionals, to be held in Paris, from February 13 to 15, 2018...

Measurably more productive and econom- i…

Even if the winding machine is only responsible for about 10-15% of the energy consumption (compressed air and electrical energy) when considering the classic ring spinning process, these criteria play an important role...

Wool to dominate at Intertextile Shangha…

Some 3,300 exhibitors from around 20 countries covering all apparel fabrics and accessories product groups are expected at the Spring Edition of the industry’s most comprehensive sourcing platform for the spring/summer season, Intertextile...

SEL posts 70.57% jump in FY’13 turnover


(India)

SEL Manufacturing Company Limited, a Ludhiana based integrated textile conglomerate having presence in yarns, knitted fabrics, terry towel, ready-made garments and captive power generation, has witnessed 70.57% jump in its turnover to Rs. 3975.62 crore during the financial year ended 31st March, 2013 as compared to Rs. 2330.83 crore in the last fiscal.

SEL’s consolidated EBIDTA has risen to Rs. 719.76 crore during the year ended 31st March, 2013 as compared to Rs. 392.75 crore in the previous year, registering an increase of 83.26%.

Net Profit after Tax increased from Rs. 82.47 crore to Rs. 136.99 crore, recording an increase of 66.11% during the financial year ended 31st March, 2013.

SEL is fast on its way to implementation of new units and expansions. SEL Textiles Limited, a wholly-owned subsidiary of SEL Manufacturing Company Limited commissioned the state-of-the-art Greenfield Mega Integrated Textile Park at Village Panjava, District Muktsar, Punjab in April, 2013.

In the first phase, SEL commissioned the yarn spinning section, which is being set-up with a capacity of nearly 2 lac. spindles. This Textile Park would catalyse significant additional investments in the textile industry of Punjab.

On the one hand, the plant will be ultra-modern with the latest technology and strong systems, on the other hand, special emphasis will be laid 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 substantial employment opportunities.

The project will also contribute significantly to the State Exchequer. SEL is confident that its expansion initiatives will not only catalyse industrial activity in India but also contribute to India’s standing in the textile sector of the world.


SEL Manufacturing Company

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interview with Mr. Saleh Nasser Alsorayai Managing Director of Alsorayai Machine ...

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Interview Mr. Ahmad Sadeghian

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Kohan Textile Journal

Middle East Textile Journal

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