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.

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