WL

Welspun Living Limited

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Welspun Living Limited: Company Market Research Report



Company Overview



  • Name: Welspun Living Limited (Formerly known as Welspun India Limited)

  • Mission: To create a smarter, sustainable world while delighting customers through innovation and technology.

  • Founded: 1985, initially as Welspun Winlon Mills and later became Welspun Living Limited after an IPO in 1991.

  • Key People:

  • Dipali Goenka, MD & CEO Welspun Living Ltd.

  • B. K. Goenka, Chairman Welspun World

  • Rajesh R. Mandawewala, Group MD, Welspun World.

  • Altaf Jiwani, Whole Time Director- Welspun Living Ltd & Head- Group Executive Office

  • Headquarters: Welspun City, Village Versamedi, Taluka Anjar, District Kutch, Gujarat - 370110

  • Number of Employees: Over 26,000 globally

  • Revenue: $5 billion

  • Known For: A leading global player in home textiles, line pipe manufacturing, high-end bed, bath, and flooring products.


Products



Home Textiles


  • Bed Linen:

  • Luxurious and plush, offering a range of designs.

  • Features include temperature regulation and softness enhancement with technology like Hygrocotton®.


  • Bath Linen:

  • Includes towels and bathrobes renowned for quality and innovation.

  • Key innovations like Drylon® for absorbency and fast-drying capabilities.


Flooring Solutions


  • Product Offering: Carpet tiles, broadloom carpets, area rugs, and artificial grass.

  • Key Features: Seamlessly integrates design with function, providing convenience and customization.


Advanced Textiles


  • Spunlace Non-Woven Fabric: Applications in cosmetics, medicine, and hygiene markets.

  • Needlepunch Technologies: Used for filtration, protective apparel, and composites.


Innovative Technologies


  • Hygrocotton®: Enhanced absorbency and comfort features.

  • WEL-TRAK™: Tracking solution ensuring product traceability, backed by blockchain technology.


Recent Developments



  • New Factory: Opened a $12.5 million pillow manufacturing unit in Ohio, USA, expanding production capabilities.

  • ESG Commitments: Achieving zero freshwater dependency in manufacturing and investing in renewable energy for sustainable growth.

  • Digital Campaigns: Launched digital marketing initiatives with Bollywood actress Kajal Aggarwal to boost brand presence and consumer engagement.

  • Innovations: Continued investment in consumer-driven technologies and new products like anti-allergy and charcoal-infused textiles for enhanced user benefits.


Awards and Recognition



  • Certified as a Great Place to Work.

  • Top 50 Best Companies to Work For in India.

  • Noted for strong ESG practices, with a high sustainability score and recognized by various industry bodies for innovation and business excellence.




This report provides a comprehensive overview of Welspun Living Limited, covering its operations, product offerings, notable innovations, and recent strategic developments. The company remains a prominent player in the textile industry, leveraging sustainability, innovation, and a consumer-centric approach to maintain its market leadership.