News

BSL Ltd plans expansion of Rs.150 crore in Rajasthan

BSL plans expansion of Rs.150 crore in Rajasthan

Fabric manufacturer BSL, formerly Bhilwara Synthetics , has planned a capital expenditure of Rs 150 crore to augment cotton spinning capacity at its facility in Rajasthan and is aiming at Rs 700-crore revenue during the 2023-24 fiscal, a company official said.

The capital expenditure (capex) will also help boost sales and profitability, BSL’s Managing Director Nivedan Churiwal.

“We are focusing on revenue, growth and a healthy bottom line and will invest Rs 150 crore at our facility in Rajasthan’s Bhilwara to expand spinning capacity,” BSL’s MD Nivedan Churiwal said.

Related posts

Fashion brand Alexander Wang CEO steps down

Picanol Achieves Milestone with 100,000th rapier weaving machine in Ieper

Garment workers’ protest in Bangladesh gets violent

Leave a Comment