As per its annual report for 2020-21, Welspun plans to launch expansion projects across three business verticals in ongoing fiscal with Rs 600 crore capex. The company expects its top line to grow by over 15 per cent in FY22 on the back of expanded capacities and with customer demand remaining buoyant. In all, Welspun India plans to undertake capital-light capacity expansion to address growing demand. It will expand the capacity of its Vapi and Anar plants through debottlenecking and rebalancing.

In the home textile segment, the company has an annual capacity of 80,000 MT for bath linen, 90 million meters for bed linen, 10 million square meters for rugs and carpets. According to the annual report, the capacity utilizations for these stood at 88 per cent, 77 per cent and 82 per cent respectively in FY21

For advanced textile, the annual capacity for Spunlance was 10,000 MT with capacity utilization of 92 per cent last fiscal. The same for needle punch was 3,000 MT with capacity utilization of 34 per cent, while that of wet wipes was at 75 million packs and capacity utilization of 28 per cent, it added.

Welspun India excepts to increase the annual capacity at full capex for soft flooring to 16.3 million square meters and for hard flooring to 10.7 million square meters.