Welspun India Ltd., one of the world’s leading home textiles manufacturer, has forayed into new technologies in its Technical Textile Business with its state-of-the-art Needle Entangled Advance Textile Plant in Anjar. The plant was inaugurated by Minister of Textiles,...
In a strategic global initiative, Welspun India Ltd (WIL), has entered into a co-operation agreement with Cotton Egypt Association (CEA) to promote and market Egyptian cotton products worldwide.
Under the agreement, the two organisations will work together to create programmes...
Soon after Target Corp severed ties with Welspun India, alleging that Welspun used cheaper quality cotton while supplying bedsheets, passing it off as premium Egyptian cotton, Walmart has decided to stop selling the same too after the Indian manufacturer was unable to...
Shares of Welspun India logged their biggest one-day fall in over 16 years and lost 20 per cent of market capitalisation on Monday after Target Corp - Welspun's biggest client - severed business ties with them.
The Indian company suffered another jolt...