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Welspun India inaugurates Needle Entangled Advance Textile Plant in Gujarat

20 Mar 2017 Evaluate

Welspun India has started its Rs 150-crore Needle Entangled Advance Textile Plant for its technical textiles business at Anjar in Kutch, Gujarat. Additionally, the company has invested Rs 100 crore in a fully automated cut and sew unit in the made-ups segment with a capacity of 10 million units per annum.

The facility will have capabilities of Spun Lace and Needle Punch lines, which can manufacture multilayer composites for various applications. The plant has the initial manufacturing capacity of 2,400 tonnes per annum.

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 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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