Sutlej Textiles
India is the second largest textile and clothing exporter in the world, with a total exports of US$ 44.4 billion in FY22.
Sutlej Textiles & Industries Ltd (STIL) is a leading producer of value-added yarns in India. Since inception. the company has been committed to achieve high growth through development of niche products to meet increasingly sophisticated demands of the Industry. Today, it has the largest product portfolio of spun-dyed, cotton blended and cotton melange dyed yarns. Sutlej is the largest producer of melange yarn in India and one of the few exclusive spinners for specialty yarns such as modal, lyocell and tencel in the country.
Company Website: http://www.sutlejtextiles.com
- Market presence in over 62 countries
- One of the largest integrated textile manufacturing companies
- Consolidated total income from operations stood at Rs. 819.57 crore (US$ 100.35 million) in the second quarter of FY23.
- Largest product portfolios of spun-dyed, cotton blended and cotton melange dyed yarns
Sutlej Textiles:
| Year | Milestone |
|---|---|
| 2021 |
In September 2021, Sutlej Textiles launched a series of ‘next-gen’ collection in decor space titled Nesterra. The company posted financial results for Q1 2022, with net sales of Rs. 677.1 crore (US $92.9 million) and net profit of Rs. 27.8 crores (US $ 3.8 million) |
| 2018 |
The board approved to set up a plant in Jammu and Kashmir to manufacture polyester staple fibre |
| 2017 |
Acquired American Silk Mills (ASM), based in the US |
| 2016 |
Sutlej Textiles & Industries Limited won the prestigious SRTEPC Awards |
| 2014 |
Company have started commercial production on November 01, 2014 of expansion project of 31,104 spindles, at the company’s unit Chenab Textile Mills (CTM), Kathua, Jammu & Kashmir. Sutlej Textiles felicitated with esteemed 'Niryat Shree' Award. |
| 2006 |
The home textiles and garments unit had started commercial production. The company got listed on NSE and BSE on December 2006. |
| 2005 |
Sutlej Textiles & Industries Ltd was incorporated on June 22nd 2005, created by the corporate restructuring in which textile division of Sutlej Industries Ltd and Damanganga Processors Ltd was demerged and involved in textile business. |
| 2001 |
Operations were forward integrated by establishment of Damanganga Fabrics (DGF) at Daheli in Gujrat to manufacture process fabric. |
| 1997 |
Sutlej Industries Limited (SIL) purchased all the assets of Calico Textile Mill (CTM). |
| 1963 |
Sutlej Industries Limited (SIL) established Rajasthan Textile Mills (RTM) at Bhawanimandi, Jhalawar district to produce cotton yarn. |
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