Welspun India Ltd (WIL), part of the $ 3 billion Welspun Group has announced Q1-FY15 results, showing strong growth in revenue and profitability in comparison to the corresponding period last year.
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Spaces Home & Beyond of Welspun has launched a ?Hygro Comfort? range of products in India. The Hygro cotton yarn is a new proprietary spinning technology for yarn and has already been patented internationally.
Currently India faces a 9-10% duty disadvantage in Europe as compared Pakistan and Bangladesh. Also, transaction costs in India are high.
Welspuns revenue stood at Rs 44,954 million as against Rs 36,473 in the corresponding year, a 23 per cent growth YoY with strong volume growth in towels and rugs and higher realisation across products.
Barely less than three decades ago, Welspun Group was incorporated with its Textile Business Division, which as aggressive as any of its other 4 divisions, has emerged as a fully-integrated home textile giant
With nearly 40 per cent of India’s textile exports headed to the US, market volatility…
Scheduled from November 19 to 21, 2025, at the Bombay Exhibition Centre, Goregaon, Mumbai, the…