Welspun India earmarks an investment of Rs 1,000 crore for vertical integration project

17 May 2013

Welspun India, the textile arm of the Welspun Group, is taking to vertical integration in a big way to spur its margins in coming year. The company has also earmarked an investment of Rs 1,000 crore towards this over the next 12-18 months, which will take its raw material security on yarn and fabric from the current 35-40% to over 75%.

Further, the vertical integration project, which will result to a higher spinning and weaving capacity, is expected to be concluded up by FY14-end. The project requires installation of 170,000 spindles and 140 looms, which will potentially take the backward integration to almost 75%.

Welspun India manufactures home textile products in bed and bath segments such as bed linen, basic bedding, decorative bedding, terry towels, rugs and yarn.

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