Home / Knowledge / News / Textiles / Welspun to hike capacity by de-bottlenecking
Welspun to hike capacity by de-bottlenecking
10
Jun '10
Welspun India Ltd, which is rated amongst the top three home textile suppliers in the world is planning a capital expenditure of around Rs three billion in the current fiscal year to ramp up its production capacity of towels, bath rugs and bed linen.

“This amount is being spent to achieve a top line growth of between 15-20 percent year-on-year and going forward”, said Mr Akhil Jindal, Director, Corporate Affairs at Welspun, who spoke to fibre2fashion.

The amount is being spent on hiking its yearly towel capacity from 41,500 tons to 46,000 tons, bed linen output from 45 million meters to 52.5 million meters and bath rug production from eight million units to 10 million units.

When asked as to how this expansion will be helpful for Welspun, Mr Jindal said, “De-bottlenecking will help us improve our throughput without significant investment and help us in improving overall asset utilization”.

“The increased production & sales will help us in improving our market share in different product categories', he added by saying.

In the global markets, Welspun sells its products in 32 countries and also plans to expand its global footprint by expanding in to new markets like Japan, Singapore and the Middle East in the next 2-3 years.

In the domestic Indian market, it manages 209 retail stores across 119 cities and towns. It has two domestic brands in its portfolio. 'Spaces', which is an up-market brand and “Welhome', a economy brand.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search