Welspun has opened a state-of-the-art plant in Gujarat. The Rs 150 crores facility will have unique capabilities of spun lace and needle punch lines which can manufacture multi-layer composites for various applications. This advanced and innovative technology will provide non-woven solutions for high-end industrial applications such as filtration, acoustics, automotive, fire safety, thermal insulation, vibration control, noise control, aerospace, defense and mass transportation. The initial capacity of the manufacturing unit will be 2,400 metric tons a year.
With this facility, Welspun has also invested in a wide range of finishing technologies including coating, laminating, dyeing, and printing to provide innovative solutions all under one roof. The new facility will enhance Welspun’s product offerings and provide cutting edge solutions in high growth areas such as industrial and defense applications.
Welspun has also invested Rs 100 crores to set up a fresh state- of- the-art fully automated cut and sew unit in the made-ups segment with a capacity of 10 million units a year. The new initiatives are testimony to Welspun’s commitment in enhancing employment opportunities in the region, particularly for women. Welspun plans to expand its focus on branded and innovative products to become a two billion dollar company in four years, with 20 per cent revenue coming in from domestic sales.