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Welspun India resumes partial operations
Welspun India said it has resumed partial operations at its manufacturing facilities at Vapi and Anjar in Gujarat following receipt of permission from district authorities.
Welspun revenue up 4%
Welspun India has achieved a revenue at Rs 14,723 million against Rs 14,135 million, a 4 per cent growth YoY. Growth rate was muted on account of base effect and capacity constraints. During Q3FY16, incremental volume from modernisation project at Vapi will be available.
States in $500-BN RAce!
Some States have upped their ante in textiles, declaring it a ´sunrise industry´ and by improving infrastructure and policies, they promise to lend a helping hand to the Indian Government´s efforts to carve out a bigger slice in global textile trade. Joseph S and Karthik M recount the story with details.
A welspun saga of success
By commissioning a 1.7-lakh spindle automated spinning plant exclusively for fine and super-fine yarn at Anjar in Gujarat, Welspun has spun a new success story in backward integration.
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