InvestorQ : Can you tell me about Welspun India’s Rs.800 crore expansion plan?
Deepa Salunkhe made post

Can you tell me about Welspun India’s Rs.800 crore expansion plan?

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Arya Nanda answered.
3 months ago
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Welspun India, one of India’s leading textiles exporters, plans to invest Rs.800 crore on capacity expansion. The expansion will be undertaken in the home textiles and flooring businesses, both of which are expected to grow rapidly over next 2 years. Welspun India plans to augment capacity of its home textiles business and also the towels manufacturing capacity by 20% from 85,000 TPA to 102,000 TPA.

In addition, the existing unit at Vapi in Gujarat has also approved expansion of rugs capacity by 80% which is already underway at the current juncture. The expansion is expected to have a revenue potential of Rs.1,207 crore.

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