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Tag: Welspun India

Welspun to Closely Monitor Its Cotton Business in Egypt
Apparel and Textile News Trade Info News

Welspun to Closely Monitor Its Cotton Business in Egypt

India-based home textile manufacturer, ‘Welspun India’ recently announced that it has initiated steps to closely monitor and control its Egyptian cotton business, which had come under suspicion earlier this year over quality issues. “The company is moving towards producing all the Egyptian cotton products in-house i.e., from procuring cotton to the finished product. The steps […]

EY To Lead Welspun Supply Review
Apparel and Textile News Trade Info News

EY To Lead Welspun Supply Review

Welspun India has hired global consulting firm Ernst & Young (EY) to oversee a review into its raw material sourcing processes and the supply chain after one of its large American customers, Target, decided to terminate ties with the Mumbai-based linen maker for providing fake Egyptian cotton bedding products. The Welspun India management has sought […]

Welspun Targets $5 Bn Revenue By 2020
Apparel and Textile News Apparel Brands and Companies Global News

Welspun Targets $5 Bn Revenue By 2020

Balkrishan Goenka – led Welspun Group has ambitious plans to raise its revenue to five billion US dollar by 2020 from the current figure of three billion US dollar, with its flagship textile business which is the country’s largest and the world’s third-largest home textiles manufacturer, expected to contribute half of its income. Mumbai-based Welspun […]

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