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  Thursday , December 15, 2016

  Welspun Investing Rs 600cr in Gujarat   (also see in Jpeg)

  Publication: The Economic Times , Agency:Bureau, Edition: Ahmedabad, Page No: 3, Location: Bottom-Right, Height: 5, Width: 5, Size(sq.cms): 25
 

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Welspun Investing Rs 600cr in Gujarat
PTI
Anjar: Welspun India said on Wednesday that it is investing Rs 600 crore for setting up a faci­lity for manufacturing carpets, area rugs and carpet tiles here, marking the leading global home textile firm's foray into flooring solu­tions segment. "We are expanding our product portfolio by foraying into flooring solutions with a Rs 600 crore carpet plant at Anjar. We will invest Rs 180 crore in Phase I," Welspun Group chairman B K Goenka said. The facility, whose foundation was laid on Wednesday, will have an annual capacity of approximately 7 million square metres. The company plans to export 50% of the products from the unit and remaining will be sold in the domestic market, he said. Welspun has also set up a Rs 100-crore 30 MLD waste water treatment facility at Wels­pun City, Anjar in Kutch district.
 
 
 

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Welspun Investing Rs 600cr in Gujarat
Summary:
Anjar: Welspun India said on Wednesday that it is investing Rs 600 crore for setting up a faci­lity for manufacturing carpets, area rugs and carpet tiles here, marking the leading global home textile firm's foray into flooring solu­tions segment. "We are expanding our product portfolio by forayi...
Date: Thursday , December 15, 2016
Publication: The Economic Times, Agency: Bureau
Edition: Ahmedabad, Page No: 3, Location: Bottom-Right, Size(sq.cms): 25