Apparel, Garment Textiles & Fashion Clothing

Promoter Name: Welspun India LimitedProject Name:State-Of-The-Art Carpet Manufacturing Unit In KutchProject Type : New UnitStatus : Planning StageState : GujaratDistrict : KutchLocation : AnjarLand : Unknown Product-Capacity : Carpet, area rugs and carpet tiles - (7 million-sq. mtrs/ yr )Cost : Verified Cost: Rs.6,000 million Funding : Debt And Internal AccrualsCivil Work: UnknownCurrent Status : As of December 2016, foundation stone for the unit was laid on 14th December, 2016. The unit will manufacture carpets, area rugs and carpet tiles with a capacity of approximately 7 million sq. mtrs/ yr. The cost of the project is Rs. 6,000 million. Most of this capex will be done over the next 18 months spread over FY18 and FY19 and will be funded by a mix of debt and internal accruals. The company`s board has approved the capital investment. This investment will benefit from synergies arising from the company`s existing product line and customer base.Start Date : UnknownEnd Date : Unknown

INDIA \ Gujarat