Welspun India Ltd., one of the world’s leading home textiles manufacturers, has forayed into new technologies in its technical textile business with its state-of-the-art needle entangled advance textile plant in Anjar. The plant was inaugurated by the Minister of Textiles, Ms. Smriti Irani on March 18.
The Rs. 150 crores facility will have unique capabilities of spun lace and needle punch lines which can manufacture multilayer composites for various applications. This advanced and innovative technology will provide non-woven solutions for high-end industrial applications such as filtration, acoustics, automotive, fire safety, thermal insulation, vibration control, noise control, aero-space, Defence and mass transportation. The initial capacity of the manufacturing unit will be 2,400 MT per annum. With this facility, Welspun has also invested in a wide range of finishing technologies, including coating, laminating, dyeing and printing, to provide innovative solutions, all under one roof.
Further, Welspun has invested Rs. 100 crores to set up a fresh state-of-the-art fully automated cut and sew unit in the made-ups segment with a capacity of 10 mn units per annum.
The new initiatives are a testimony to Welspun’s commitment in enhancing employment opportunities in the region, particularly for the women workforce. Speaking at the ceremony, Mr. BK Goenka, Chairman, Welspun Group, said: “We are entering into an exciting phase of business through these new offerings in Technical Textiles. The new facility will enhance our product offerings and provide cutting-edge solutions in high growth areas such as industrial and defence applications. The new facilities strengthen Welspun’s position as a global manufacturer and underline our commitment to the ‘Make in India’ initiative as well as the economic development of the region and the country at large.”
Welspun India Ltd. is part of the $2.3 billion Welspun Group, is one of the world’s largest home textile manufacturers. With a distribution network in more than 50 countries and world class manufacturing facilities in India, it is the largest exporter of home textile products from India. Supplier to 17 of Top 30 global retailers, the company has marquee clients like Bed Bath & Beyond, Costco, Kohl’s, Wal-Mart and Macy’s to name a few.
Rajesh Mandawewala re-appointed Welspun India MD
The Board of Directors at its meeting held on March 23, 2017 has reappointed Mr. Rajesh Mandawewala as Managing Director of the Company for a term of 5 years w.e.f. April 01, 2017, subject to the approval of the members of the company.