# Welspun Group to build advanced textiles plant near Hyderabad

Welspun Group is establishing a manufacturing plant for advanced textiles adjacent to its tile facility near Hyderabad, with an investment of Rs 400 crore over two financial years. The foundation stone was laid on July 25, 2020.

- Type: New facility
- Announced: 2020-07-25
- Where: near Hyderabad, Telangana, India, India
- Value: $53.5M (4.00B INR)
- Status: announced
- Products: advanced textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Welspun Corp](https://endata.com/companies/5773.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/welspun-flooring-launches-tiles-manufacturing-facility-in-telangana/article32190867.ece), 2020-07-25: "Adjacent to this facility, Welspun Group is also establishing a manufacturing plant for an emerging business – Advanced Textiles."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.