Welspun opens India spinning facility
Welspun India Limited has opened what it claims is the largest spinning facility in India, paving the way for improvements in its supply chain with lesser dependency on external sourcing.
The facility is located in Anjar, and is expected to double spinning capacity to over 3,00,000 spindles, fulfilling nearly 70% of the company's internal yarn requirements.
With this development, Welspun said it envisages more emphasis on better quality and increased profitability, which in turn will help consolidate its leadership position in the global textiles industry.
The expansion project, it said, reflects the ethos of the Government of Gujarat's recent ‘Farm-Factory-Fabric-Fashion-Foreign' Textile Policy, which is aimed at strengthening the entire textile value-chain.
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