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Related Keywords: customised software, develop solution, developed technology, first global textile entity, Mumbai-based, partnered with global forensic science company Oritain Global, patent a fibre-tracking technology, turning adversity into opportunity, using RFID, verify origin of cotton, Wel-Trak, Welspun India, world's second largest terry towel producer

Welspun India , Mumbai-based world's second largest terry towel producer developed the technology to verify the origin of cotton, after a large customer terminated a contract following mislabelling of provenance of fibre in certain consignments. It has emerged as the first global textile entity to patent a fibre-tracking technology, turning adversity into opportunity.

Related Keywords: CEA, Cotton Egypt Association, entered into a co-operation agreement, Mumbai-based textile company, promote and market Egyptian cotton products worldwide, promotion of Egyptian Cotton logo, retail markets across the globe., two organisations, Under the agreement, Welspun India, work together to create programmes

The Mumbai-based textile company, Welspun India has entered into a co-operation agreement with Cotton Egypt Association (CEA) to promote and market Egyptian cotton products worldwide. Under the agreement, the two organisations will work together to create programmes for promotion of Egyptian Cotton logo in the retail markets across the globe.

Related Keywords: commence textile production., joining Ethiopian textile industry, line pipes and infrastructure, plans to acquire a shade in one of the industrial parks, presence in home textiles, shows interest in making investment, textile manufacturing company, Welspun India

Welspun India, textile manufacturing company from India which has presence in home textiles, line pipes and infrastructure, shows interest in making investment and joining the Ethiopian textile industry.

The company’s chairman, B. K. Goenka after discussions with Hailemariam Dessalegn, Prime Minister of Ethiopia, on the sidelines of Davos World Economic Forum disclosed.

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.

Related Keywords: home textile manufacturer, looms, lower dependence, outside suppliers, producing bed-sheets, spindles, towels, Welspun Group, Welspun India

Welspun India, a part of the USD 3 billion Welspun Group, one of the top three home textile manufacturers in the world and the largest home textile company in Asia. With the 170,000 spindles and 140 looms part of the plan producing bed-sheets, towels and other made-ups have started commercial operations effective September, 2014.

The company's expansion project is half-way through with capex of Rs 1,200 crore completed by the end of the quarter. The remaining capex of around Rs 1,300 crore is expected to be completed over the next two years.

Related Keywords: home textile manufacturer, Indian textile industry, Welspun India

Welspun India Ltd is a fully integrated home textile manufacturers and one of the top three globally, in a released today announced that its profit after tax (PAT) has touched Rs 109.5 crore during the third quarter of this financial year.

While revenue of the company, part of USD 3.5 billion Welspun Group, grew by 24 per cent at Rs 1,146.8 crore compared to Rs 922.5 crore in Q3 FY13 with strong volume growth across towels and rugs.

The PAT of the company stood at Rs 51.6 crore in the corresponding quarter of FY13,