BSL Limited, a renowned brand in the textile and suiting industries, has launched its first Cotton Spinning Unit in Bhilwara, Rajasthan, India. The unit is expected to increase the company’s revenue by INR 250 crores in the upcoming fiscal year. With a capacity of 30,000 spindles, the unit can produce 700 tonnes of cotton yarn per month, which will be available for sale commercially in the domestic and export markets. The facility will create employment opportunities for an additional 200 people.
BSL Ltd’s diversified product portfolio includes two suiting brands, BSL and Geoffrey Hammonds (GH), which cater to the mass market and premium segments, respectively. The company is also the exclusive supplier of furniture fabrics from South Asia for IKEA, and its products are available in all 450 IKEA stores globally.
It has expanded its product range to include pure wool and poly wool fabrics, ethnic wear, and Jacquards, focusing on the luxury market, and launching a new brand, GH-Insignia. BSL Ltd. has a dealer network across India and a strong market presence.
Nivedan Churiwal, Managing Director, BSL Ltd stated that India’s cotton spinning industry is among the fastest-growing in the world, with significant demand for cotton yarn and other cotton-based products both domestically and internationally. He expressed confidence that the company’s goals would be met through the newly established cotton spinning facility and other expansion plans, along with its diverse product portfolio.