They came, they saw, they conquered. Less than three decades back, some entrepreneurs from textile industry achieved a similar swift victory when they had a go at the potential of home textiles, particularly in exports. Welspun, Bombay Dyeing, Alok Industries, Fabindia, Portico… the list now has grown bigger.
Browsing: Welspun
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.
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.
DHL Global Forwarding has announced the appointment of Rajiv Sharma as the new Director, Industrial Projects, India with immediate effect. Rajiv will be reporting directly to Samar Nath, CEO DHL Global Forwarding, India. Sharma joins DHL from Geodis Overseas Pvt. Ltd where he worked as Director-Industrial Project, responsible for developing and managing Industrial Projects for India.
Welspun India Ltd (WIL) launched a high-profile event — WELVISION 2020 — at its Welspun City, located at the Anjar (Kutch) region of Gujarat, wherein the major theme was “Innovation and Growth Perspective for Home Textile Business”.