Arvind, Welspun to set up textile-park in Gujarat
By FashionUnited
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In a boost to the textile industry in Gujarat, two
industry biggies Arvind and Welspun India are set to invest in integrated textile parks and manufacturing facilities. After investing in its own denim, spinning, shirting, real estate and other business, Ahmedabad-based textile conglomerate Arvind is now said to be investing around Rs 2,000 crores in an integrated textile park. On the other hand, Welspun is planning to invest close to Rs 3,000 crores for an integrated manufacturing plant.While it is still undisclosed, Arvind will be setting up an integrated textile park that can house around 50 units near its existing plant at Santej, for which the company is scouting for a land of over 200 acres. The Welspun India plant will focus on almost the entire textile value chain, right from spinning, weaving, processing and manufacturing.
While Arvind has a shirting and knitting plant at its 450-acre Santej textile complex, Welspun India’s Anjar complex, apart from manufacturing spiral arc welded (SAW) pipes, houses a textile mill that produces terry towels and bed linen.
Arvind
Welspun