Sutlej Textiles
India is the second-largest producer of MMF Fibre and the third largest exporter of textiles and apparel in the world.
Sutlej Textiles & Industries Ltd (STIL) is a leading producer of value-added yarns in India. Since inception. the company has been committed to achieving high growth through development of niche products to meet the 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.
- Market presence in over 62 countries
- One of the largest integrated textile manufacturing companies
- Consolidated net income was Rs. 3,100.46 crore (US$ 373.07 million) in first quarter of FY24
- Largest product portfolios of spun-dyed, cotton blended and cotton melange dyed yarns
Sutlej Textiles:
| Year | Milestone |
|---|---|
| 2023 |
In August 2023, the company plans to set up a green field project in Jammu & Kashmir that encompasses 89,184 spindles dedicated to producing Cotton Mélange Yarn and PC Grey Yarn, coupled with a Dye House, with an estimated investment of Rs. 914 crore (US$ 109.97 million). The Board has approved setting up of a green field project for 89,184 Spindles comprising of Cotton Mélange Yarn and PC Grey Yarn along with Dye House at J&K. The commercial production of the project is expected around Q4FY25. |
| 2022 |
Plans to set up a green field project for 89,184 spindles comprising of cotton mélange yarn and PC grey yarn along with dye house in Jammu & Kashmir with an estimated cost of US$ 111.41 million (Rs.914 crore). The company won Life Time Achievement Export Ratan Award given by State Government for 2019-20 in 2022. At Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), the company won awards in two categories: Fourth Best Overall Export Performance Special Award and Best Export Performance. |
| 2021 |
In September 2021, Sutlej Textiles launched a series of ‘next-gen’ collection in decor space titled Nesterra. |
| 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 started commercial production on November 01, 2014 on 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 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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