Welspun India Limited Company Limited Profile, Wiki, Networth, Establishment, History and More

Welspun India Limited Profile, Wiki, Networth, Owner, CEO, Founder Name, Parent Company and more

Welspun India Limited is an Indian textile and Apparel company. The company headquarter is in Mumbai, Maharashtra, India. It is one of India’s fastest growing global businesses in Line Pipes, Home Textiles, Infrastructure, Warehousing, Steel, Oil & Gas, Advanced textiles and Flooring solutions. Welspun India is dedicated towards creating a smarter, sustainable world. The company create high-end, comprehensive solutions, supported by integrated facilities and 360-degree capabilities.

It has strong global distribution network, warehouses, manufacturing facilities, headquarters, and marketing offices, with a vast reach in over 50 countries.

PointsInformation
Company NameWelspun India Limited
Previous NameWelspun Winilon Silk Mills Pvt. Ltd.
Founder NameBalkrishan K. Goenka
OwnerWelspun Group
Date of Establishment1985
Revenue (In 2020)INR 5366.71 Crores
ChairmanBalkrishan Goenka
CEO/Managing DirectorDipali Goenka
Registered Address6th Floor, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai 400 013, Maharashtra, India
Telephone No.91-2266136000
Email[email protected]
Fax91-2224908020
Company StatusActive
Websitewww.welspunindia.com

History

Welspun India Limited established in 1985.

  • 1985, the company started production of textile in India. The company has texturizing unit in a small, sleepy town, between Mumbai and Gujarat.
  • 1991, Welspun Polyester India Limited went public with its IPO, and subsequently became Welspun India Limited.
  • 1993, the company set up terry towel facility in Vapi, Gujarat. 
  • 2000, Welspun USA was incorporated as a wholly-owned subsidiary of Welspun Global Brands Limited. 
  • 2004, the company Welspun City, Anjar, Kutch was inaugurated. The company ahs 20,000 employees. The company expanded its businesses in all over the world.

Founder

Welspun India Limited founded by Balkrishan K. Goenka, an Indian industrialist and the current chairman of the company. he was born on 1966 at Hissar, Haryana. He set up Welspun along with his cousin, Rajesh R. Mandawewala, who is the managing director of the Welspun Group.

Goenka is very talented and intelligent. In 2004, he was the mentor in Welspun Foundation for Health & Knowledge. He married to Dipali Goenka and blessed with two children. Today, WCL is amongst the largest diameter Line Pipe Company in the world & WIL is the world’s leading home textile manufacturer & supplier while WEL has also emerged as one of the fastest growing infrastructure company in India. He create significant social value through focused community engagement initiatives and focused on Education, Empowerment, Environment & Health, his efforts are directed towards protecting the environment, fostering economic performance, creating opportunities & empowering people. 

Networth

Welspun India Limited is an Indian textile and apparel company. The company revenue is Rs. 5366.71 Crores (US$760million). The company is one of the leading textile companies in India.

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