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Warehousing demand in Bengaluru exceeds new supply by 55%: Report

During 2018-22 period, leasing of warehousing space in Bengaluru exceeded new supply by 55% New Delhi: Leasing of warehousing space in Bengaluru exceeded new supply by 55% during 2018-22 period, resulting in lower vacancy level and increase in rental, according...

Welspun India Limited launches an exclusive range of anti-viral home textiles; partners with HealthGuard Corporation, Australia

Welspun India Limited, the global leader of home textiles, has announced the launch of an exclusive range of anti-viral home textile products for the Indian market. An extension of Welspun India’s recent foray into the health and hygiene category, the...

Welspun looks at re-purposing biz to align with changed ecosystem; e-commerce emerges priority areas

With the coronavirus pandemic hitting businesses globally, home textiles major Welspun India Ltd is looking at how can it re-purpose its businesses to align with the changed ecosystem, with e-commerce emerging as one of its priority areas to reach...

Welspun India resumes partial ops at manufacturing facilities in Gujarat

Textiles major Welspun India on Wednesday said it has resumed partial operations at its manufacturing facilities at Vapi and Anjar in Gujarat following receipt of permission from district authorities. According to a PTI report: On March 24, the company had...

Welspun India aims 50 pc revenue from innovation-based products by 2022

Home textiles maker Welspun India is eyeing about 50 percent of its revenue from innovation-based products by FY2021-22, a top company official said. According to a PTI report: The company, which offers bath, bedding and flooring solutions, has 29 active...

Myntra associates with Ministry of Textiles to support weavers and promote the handloom industry

Myntra officially launched its CSR initiative in association with the Union Textile Ministry, to work directly with weavers and elevate their economic stature. The initiative also provides an impetus to the Government’s agenda to transform and revive demand for...

Indian homeware and furnishing segment gets a face-lift

The consumer is changing. Urbanisation is on the rise and individuals are evolving, adapting to a modern way of living. A rise in disposable incomes means people are looking at a smarter way of living. They want beautiful homes...

IKEA to stay with Welspun for now, but Target shadow looms large

Walmart is reviewing cotton certification records of Welspun India while IKEA will continue business ties as usual with the textiles supplier till the outcome of an ongoing probe by the Gujarat-based firm over lapses in its supplies to US-based...

Opportunities abound in fashion, but where exactly are they?

India, with its increasing income levels, rapid urbanisation and growing modern retail, offers tremendous opportunities in the fashion and retail sectors. A large number of national and international players entering these sectors is testimony to the potential fashion and...

Rajiv Handa moves to Welspun Retail as CEO

Rajiv Handa, former Sr. Vice President & Head Retail at Reliance Communications, is moving to home improvement retail company Welspun Retail as its CEO. At Reliance Communications, Handa headed the company’s retail function – he spearheaded the exclusive branded...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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