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Better product mix helps Welspun post 9% Q3FY13 growth
07 Feb '13
3 min read
The outlook for US, which is WIL’s biggest market, is improving with an increase in consumer confidence and home sales. The Company is also well placed to capture some of the newer high-end markets in Europe once the EU-India Free Trade Agreement (FTA) comes into effect. Welspun is well poised to gain market share in the fast-growing Indian market through its shop-in-shop strategy in large retail stores under the brand ’Spaces’.
About Welspun India
Welspun India Ltd, part of US$ 3.5 billion Welspun Group is one of the top three home textile manufacturers in the world and the largest home textile company in Asia. With a distribution network in 32 countries and manufacturing facilities in India, it is the largest exporters of home textile products from India. Supplier to 14 of Top 30 global retailers, the company has marquee clients like Wal-Mart, J C Penny, Target and Macy’s to name a few.
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