Welspun India

Welspun India announced plans to invest Rs 800 crore over two years to expand towel, rugs, and flooring capacity at plants in Anjar, Vapi, and Telangana, including a 20% increase in towel capacity at Anjar to 102,000 MTPA.

Welspun India has invested Rs 100 crore to set up a new automated cut and sew unit in the made-ups segment with a capacity of 10 million units per annum.

Welspun India has established a new Rs 150 crore needle entangled advanced textile plant in Anjar, Gujarat, with spunlace and needle punch capabilities for nonwoven solutions. The plant has an initial capacity of 2,400 MT per annum.

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.