SEL Manufacturing Ltd is planning to invest Rs.16,000 million to set up a greenfield plant in Muktsar district of Punjab. The project will be a composite facility with spinning capacity of 2 lakh spindles, 40 million meters of denim fabric and denim garment capacity of 8 million pieces. Besides this, the company is expanding its towel manufacturing capacity from 45 tpd to 100 tpd with an investment of Rs. 3500 million.
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