Credit rating agency, CARE has reaffirmed ‘AA-‘rating assigned to Welspun India’s long term bank facilities and ‘A1+’ rating for short-term bank facilities. Rating agency also reaffirmed Commercial paper rating of the company to ‘A1+’.
Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. The company’s portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.