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Welspun to invest Rs 2,500 cr into modernization and expansion of textile facilities

Related Keywords: expand manufacturing capacity, facility at Anjar, farm-factory-fabric-fashion-foreign, largest terry towel producer, modernization and expansion, spinning capacity, textile business, textile policy, towel manufacturing capacity, Welspun India, Welspun project

Welspun India, Asia's largest and the 2nd largest Terry Towel producers in the World based in Mumbai, as part of its expansion plan would be making investment of Rs 2,500 crore in their textile business over the next 12 months period t to expand manufacturing capacities.

The new facility will be involved in doubling Welspun's spinning capacity to over 3,00,000 spindles, thereby fulfilling nearly 70 percent of the fine and super fine yarn requirements of the company.

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