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Welspun India's board approved a capital investment of Rs. 600 crore in manufacturing world-class carpets and rugs. The capex will be spread over 18 months in FY18 and FY19.
“the Board of the Company at its Board Meeting held on 15 November 2016, had approved the capital investment of Rs. 600 crore in flooring solutions i.e., manufacturing of world class carpets, rugs etc.”business-standard.com
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