Sel Manufacturing Company, an integrated multi product textile company, has chalked out a mega expansion plan through inorganic route at an investment of Rs 1500 crore.
Under the proposed plan, the company is setting up a technical textile manufacturing facility with a capacity of 90 tonnes per day (TPD) envisaging Rs 611.67 crore. It is also expanding its terry towel project by 25 TPD, taking the terry towel capacity to 35 TPD after implementation. Sel is a 100 per cent export oriented garment producer.