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Welspun India re-appoints Rajesh Mandawewala as MD

Welspun India Ltd., India’s leading textile conglomerate, has re-appointed Rajesh Mandawewala as the Managing Director. His re-appointment has been approved by the Board for a period of five years effective April 1, 2017. Mandawewala, whose term is going to end on March 31, is the co-promoter of the firm and has been associated with the company since its inception. It is pertinent to note that Welspun has recently inaugurated its Advanced Textiles Plant at Anjar, Kutch, […]

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Indian Textiles Minister inaugurates Welspun’s Advanced Textiles Plant

Indian Textiles Minister Smriti Irani has inaugurated the Advanced Textiles Plant of Welspun India Ltd., India’s leading textile conglomerate at Anjar, Kutch, Gujarat. With the inauguration of the plant, Welspun, placed amongst the largest home textile manufacturers in the world, has forayed into new technologies in its Technical Textile Business. The plant will have unique capabilities of Spun Lace and Needle Punch lines which can manufacture multilayer composites for various applications. BK Goenka, Chairman, Welspun […]

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Welspun India shows interest in Ethiopian textile industry

Welspun Group, India’s leading textile conglomerate, has shown its interest in investing and joining Ethiopia’s textile industry. B. K. Goenka, Chairman of the company, recently had discussions with Hailemariam Dessalegn, Prime Minister of Ethiopia on the side-lines of Davos World Economic Forum, which strives in all its efforts to demonstrate entrepreneurship in the global public interest. Speaking at the event, the Chief explained that he realized the favourable investment environment for the textile industry in […]

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