Management Team
Mr. B.K. Goenka, Chairman
Mr. Rajesh R. Mandawewala, Managing Director
Ms. Dipali Goenka, CEO & Jt. Managing Director
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Journey Began
In 1985 as Welspun Winilon Silk Mills, a synthetic yarn business in India.
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Products Manufactured
Product portfolio comprises of towels, bath robes, bath rugs, mats, area rugs, carpets, bed sheets, utility bedding and fashion bedding.
Iconic brands
Christy’s, Kingsley Home, Crowning Touch, Spaces, Welhome, Amy Butler, Spun.
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Manufacturing Facilities
Anjar and Vapi in Gujarat.
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Expansion Plans
Welspun has total capacity of 3, 05, 000 spindles and 1000 looms. Welspun has total capacity of 3, 05, 000 spindles and 1000 looms. Currently the company has established capacity of 52, 250 MT of towels, 165 million pieces approx; 59, 100 (000 mtrs) of sheets, 16.7 million pieces; 11, 570 MT of rugs, 12.75 million pieces.
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Global Presence
India, Middle East, China, Australia, Latin America and Far East.
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Financial Performance
Net sales stood at Rs. 59,795 million in FY16, compared to Rs. 53,025 million in FY15, registering 13% growth over the previous year. Profit after tax stood at Rs. 7,029 million in FY16, compared to Rs. 5,398 million in FY15, representing 30.2% Y-o-Y growth.
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Vision 2020
To achieve revenue of USD 2 billion by 2020.