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Welspun sees record sales in 2014-15

In 2014-15 Welspun India recorded its highest annual sales and profitability in its history. It also maintained its position as the number one home textile supplier to the US for the third consecutive year. During the year, Welspun completed a major part of its vertical integration project for increasing its spinning and weaving capacity. The spinning unit at Anjar, Gujarat, is expected to take the total spinning capacity of the company to over three lakh spindles, fulfilling nearly 70 per cent of its internal yarn requirements. It will further improve the company’s supply chain with less dependence on external sourcing.

A global leader in home textiles, the company supplies to 14 of the top 30 global retailers. It offers a wide range of home textile products in bath, bedding and flooring solutions. Welspun has a strong presence in the US, Canada, the UK and Europe. Almost 95 per cent of its production is exported. The company owns brands such as Christy, Spaces and Welhome, which constitute around 11 per cent of its sales.

The company has developed innovative technologies. Some of these include Hygro Cotton (ultrasoft, ultra absorbent, quick drying, etc.) and Flexifit sheets (fits a range of mattress sizes). Apart from product innovations, the company continuously works on process innovations and innovations in the supply chain.

www.welspunindia.com/

 
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