Welspun India Ltd
Welspun is India's leading and among the top five manufacturers of terry towels in the world exporting over 90% of its sales directly to leading retailers including Wal-mart, Bed Bath and Beyond, Linen n Things etc. The recently launched bed linen products have witnessed wide acceptance from well renowned customers globally.

Post the current expansion plans, its terry towel capacity will be 31,000 tpa and bed linen capacity would be 45 million metres p.a. Welspun plans to foray into decorative bedding including 'top of the bed' items with a capacity of 1.4 mn pieces of decorative bed sets.

In 2006, Welspun acquired one of UK's largest terry towel brand 'Christy'. This acquisition brings access to the premium-end of the UK and European market. Christy has long-standing relationships with leading retailers across UK including Marks & Spencer, John Lewis, House of Fraser, Selfridges and Debenhams. Having established its credentials as a world class manufacturer of terry towel and bed linen, the company intends to move to the next level in the value chain viz. 'Branding' using Christy as its platform.


Welspun

  Year
    May 2004
  Investment
    Growth
  Fund
     IAF Series 1
  Status
    Partially Exited
  Website
  www.welspun.com
© 2006 ICICI Venture. All rights reserved.