SEL GROUP, under the mentorship of The Chairman Mr. R.S. Saluja, has nurtured a dynamic business landscape. Mr. Neeraj Saluja, Managing Director and Mr. Dhiraj Saluja, Whole Time Director have carried forward and added to the legacy of The Chairman, with their formidable leadership. With their discerning vision and clairvoyance, they are steering the group through the most significant and arduous phase in its history.
The GROUP has announced a capex of USD 400 millions to set up an integrated state of the art yarn manufacturing facility with 400000 spindles. This will be the largest yarn manufacturing facility in a single location. Work for the same has already started in Mahetwara, near Bhopal, Madhya Pradesh, with the potential of providing direct employment to 4000 and indirect employment to 20,000 people.
The GROUP, headquarters, at Ludhiana, Punjab, North India, started its journey in 1969 with manufacturing in Ready Made garments. It has been a momentous journey for the GROUP. From a couple of million USD to being a USD 300 million integrated textile group with a targeted capacity of 1 million spindles, the goodwill earned by the GROUP is indeed palmary.
The top management consists of The Chairman Mr. R.S. Saluja, Managing Director Mr. Neeraj Saluja, Whole Time Director Mr. Dhiraj Saluja, Executive Director & CEO Mr. V.K. Goyal and Executive Director & CFO Mr. Navneet Gupta.
The top management through its functions provides strong leadership; visible and active support; and demonstrated commitment which is fundamental to the success of the business. It creates and articulates a vision of what the organization could achieve in the long run. It move the organization in new directions and empowers people at all levels to utilize their full potential to achieve the objectives. It stresses relationships with peers, values and commitment the emotional and spiritual aspects of the organization.