Related Keywords: beddings, focus on e-commerce portal, home textile business includes terry and bath towels, India's largest home textiles manufacturer, innovative, patented products like Hy Grow cotton, set target to double its revenue, single largest player in American home textile space, Welspun Group
Welspun Group, India's largest home textiles manufacturer headquartered in Mumbai and also the single largest player in the $17 billion American home textiles space with a 5 percent market share, nets one-third or $ 1 billion of its group revenue of $ 3 billion from the textiles business now, has set target to double its revenue to $ 2.5 billion by 2020.
The company expects the higher growth will again be driven by the US market as it plans to increase its focus in the world's largest textiles market further. The US contributes around 65 percent of the total sales now.
