Gujarat CM lays foundation for Rs. 600-cr project
Welspun India Ltd. has announced its foray into flooring solutions with the laying of the foundation-stone for the Rs. 600-crore state-of-the-art facility at Anjar in Gujarat to manufacture carpets, area rugs and carpet tiles.
The carpet facility ushers in a new chapter of Welspun’s growth story by adding flooring solutions to its current portfolio of home textile products. The facility will have an annual capacity of approximately 7 million sq. mtrs. Most of this capex will be done over the next 18 months and the upcoming facility will house one of the most modern plants in the country. This new project will also strengthen Welspun’s commitment to enhancing employment opportunities in the Kutch region by creating more than 7,000 direct and indirect jobs.
Congratulating Welspun, Gujarat Chief Minister, Mr. Vijay Rupani said: “I applaud the Welspun Group for reinforcing its commitment to ‘Make in India’ with this new carpet project. I appreciate Welspun’s commitment to Gujarat for creating employment opportunities in the State and contributing to its overall economic development.”
Speaking at the ceremony, Mr. B.K. Goenka, Chairman, Welspun Group, said: “Flooring solutions has immense potential as a growing business. We believe that this segment will benefit from the synergies with our existing product line and customer base, thereby creating strong growth opportunity for the domestic as well as international market. The investment represents our ongoing pursuit of expansion and is a testimony of our strength as one of the leading manufacturers globally.”
Keeping sustainability at the core and in line with the clean environment campaign by the Government, Welspun has set up a 30 MLD waste water treatment facility at Welspun City, Anjar. The facility will recycle and treat the waste water generated in Anjar and Gandhidham-Adipur. Welspun will reuse the water obtained after biological treatment, ultra filtration & RO processes for its production activities. This will reduce the company’s dependency on the Narmada river, resulting in increase in fresh water availability for domestic use.
Mr. Goenka added: “Inclusive growth being one of our core values, we are very strongly committed to sustainable development that balances the needs of the present with those of the future. With the inauguration of our waste water treatment plant, we are hoping to set an example for the industry by preserving a scarce resource like water for the communities around our manufacturing facilities.”