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Project Description
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Project Description
Promoter Name: Welspun India LimitedProject Name: Textile Projects In GujaratProject Type : New UnitStatus : Planning StageState : GujaratProduct-Capacity : TextileCost : Estimated Cost: Rs.40,000 million Civil Work: UnknownCurrent Status : As of January 2017, three MoUs at an investment of Rs. 40,000 million were signed with the Gujarat government during the ongoing Vibrant Gujarat Summit 2017. The MoUs are: 1) The company will invest Rs. 20,000 million in developing an integrated textile manufacturing zone. This will be a part of the Government of India`s Sagarmala project where Kutch is among the first identified key locations. The company aims to develop a large, modern and futuristic textile industrial complex that will manufacture and supply world class textile products. 2) The company will further invest Rs. 10,000 million in its Technical Textile business for capacity enhancement, addition of new products and training and skill development. Under this vertical, the company has already made its mark with products for specialised use in healthcare, fire departments and other utilities. These products include specialised features such as fire retardants, stain resistant, anti-bacterial, PET resistant, and soil resistance, among others. Most of these products are also recyclable. 3) Another Rs. 10,000 million is being invested in the Advanced Textile arm of Welspun that focuses on manufacturing specialised materials for applications in aerospace, defence and automobile sectors.Start Date : UnknownEnd Date : Unknown
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