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In 1996, Welspun's polyester yarn business was leased to a group company to shift focus to natural fibers. [9] In 1999, Welspun entered a joint venture with Vincenzo Zucchi SPA, Italy, for Terry Bathrobes and Terry made-ups production at its Vapi, Gujarat plant. [12] In 2000, Welspun USA was formed as a wholly-owned subsidiary of Welspun India ...
Welspun Tubular LLC announced a $100 million plant expansion, creating an additional 175 jobs. The company came to Little Rock in 2007. Officials with European manufacturer speak on $100 million ...
In May 2009, Welspun Gujarat Stahl Rohren opened a $150 million plant in the U.S. for the production of steel pipes. [20] In March 2010, the company bought a 75% stake in the construction firm MSK Projects India for Rs 400 crore through its subsidiary, Welspun Infratech. [21] [22] Lauri Antero Malkki became the CEO of the company in March 2023 ...
Welspun Enterprises Limited (WEL) is an Indian company that develops and operates roads, highways, and wastewater projects under various public–private partnership (PPP) models in rural and urban areas. [1] The company is also involved in the oil and gas exploration sector through a joint venture with Adani Welspun Exploration Limited. [2]
In 1991, Welspun became a public company and was rebranded as Welspun India Limited (now Welspun Living Limited). [5] Goenka diversified into steel pipes, primarily for oil and gas transportation, and set up a 300,000-ton steel pipe plant in Gujarat. [8] The business gained traction after securing an order from Enron's Dabhol Power Company. [5]
Welspun USA Inc is a subsidiary of India-based Welspun India Ltd. [2] Welspun USA operates as one of the largest home textile divisions of the 3 billion dollar Welspun Group . Welspun USA has become a key supplier to 9 of the top 10 American retailers, manufacturing 1 in 5 towels in the US.
And, the acquisition of Welspun Maxsteel in 2014 marked as a diversification in the group's history. [ 12 ] In 2009, JSW Group entered the cement business by establishing JSW Cement and established production facilities in various locations including Vijaynagar, Nandyal (Andhra Pradesh), Dolvi, Jaipur, Shiva (Odhisha), Salboni (West Bengal ...
Welspun Living Limited, previously known as Welspun India Limited, [4] is an Indian textile manufacturing company headquartered in Mumbai. [5] Founded by Balkrishan Goenka in 1985, [ 6 ] the company produces home textile products such as bed linen, terry towels, rugs, and yarn. [ 7 ]