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Welspun India enters into flooring solutions business: Report

15 Dec 2016 Evaluate

Welspun India has reportedly entered into flooring solutions with an investment of Rs 600 crore to set up a facility for manufacturing carpets, area rugs and carpet tiles at Anjar in Kutch district of Gujarat.

The carpet-making facility ushers in a new chapter in Welspun’s growth story by adding flooring solutions to its portfolio of home textile products. The facility will have an annual capacity of approximately 7 million square meters.

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.

 

Peers
Company Name CMP
Vardhman Textiles 561.95
Welspun Living 223.70
Arvind 548.00
Raymond Lifestyle 677.40
K.P.R. Mill 1136.75
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