Welspun India has entered into joint venture with Sense Organics Import & Trading GmbH, Germany (SOIT) and has acquired 51% of the share capital, at, par, of Pure Sense Organics Myanmar (PSOML) in Myanmar. The company will be investing amounts upto $140,000 during year 2019 as a part of the Company’s sustainable sourcing strategy.
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.