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Welspun Group
Welspun Group is an Indian multinational conglomerate, , headquartered in Mumbai. It has diverse businesses in line pipes, textiles, Infrastructure, and steel. It does business with 50 countries and has a distribution network in 32 countries, including the US, Canada, the UK, and Australia. Welspun was founded in 1985 by Balkrishan Goenka and his cousin Rajesh R. Mandawewala. Welspun Group has over 26,000 employees, and a revenue of US$2.3 billion, and is India's biggest exporter of home textile products. History 1985- 1990 Welspun India Limited was founded in 1985 as Welspun Winilon Silk Mills Pvt., a Private Limited Company in Mumbai. The Company's original objective was to produce polyester filament yarns and texturized yarns. Welspun was promoted by the G.R.G. group, led by G.R. Goenka. In 1986/89, the Company established two yarn texturizing factories. One with a texturizing machine of 216 spindles at Palghar, District Thane, produced 797.5 MT of yarn per annum. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and private physical structures such as roads, railways, bridges, tunnels, water supply, sewerage, sewers, electrical grids, and telecommunications (including Internet access, Internet connectivity and Broadband, broadband access). In general, infrastructure has been defined as "the physical components of interrelated systems providing Commodity, commodities and services essential to enable, sustain, or enhance societal quality of life, living conditions" and maintain the surrounding environment. Especially in light of the massive societal transformations needed to Climate change mitigation, mitigate and Climate change adaptation, adapt to climate change, contemporary infrastructure conversations frequently focus on sustainable development and gre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Terrycloth
Terrycloth, terry cloth, terry cotton, terry toweling, terry, terry towel, or simply toweling is a fabric woven with many protruding loops of thread which can absorb large amounts of water. It can be manufactured by weaving or knitting. Terrycloth is woven on special looms that have two beams of longitudinal warp through which the filler or weft is fired laterally. The first industrial production of terrycloth towels was initiated by the English manufacturer Christy in 1850. According to the ''Oxford English Dictionary'', the word may derive from French 'drawn', past participle of 'draw out'. About There are two types of terry fabrics: ; Towel terry : This is a woven fabric with long loops that can absorb large amounts of water. Its content is usually 100% cotton, but may sometimes contain polyester. ; French terry : This is a type of fabric used in men's, women's, and children's clothing. Ranging from items such as hoodies, pants and even shirts. The inside of the fabric is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gujarat
Gujarat (, ) is a state along the western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some ; and the ninth-most populous state, with a population of 60.4 million. It is bordered by Rajasthan to the northeast, Dadra and Nagar Haveli and Daman and Diu to the south, Maharashtra to the southeast, Madhya Pradesh to the east, and the Arabian Sea and the Pakistani province of Sindh to the west. Gujarat's capital city is Gandhinagar, while its largest city is Ahmedabad. The Gujaratis are indigenous to the state and their language, Gujarati, is the state's official language. The state encompasses 23 sites of the ancient Indus Valley civilisation (more than any other state). The most important sites are Lothal (the world's first dry dock), Dholavira (the fifth largest site), and Gola Dhoro (where 5 uncommon seals were found). Lothal i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vapi
Vapi ( IAST: vāpī,), is a city and municipality in Valsad district in the state of Gujarat, India.It is situated near the banks of the Daman Ganga River, around 28 km south of the district headquarters in the city of Valsad, and it is surrounded by the Union Territory of Dadra and Nagar Haveli and Daman and Diu. It is believed that the city got its name from the old small stepwell situated near the Balitha area. The meaning of vapi (''वापी'') in sanskrit is a water reservoir or a water storage body. The town originally belonged to the Kshatriya Jagirdar family Palande during the Marathi Empire. After independence from the British Crown, the Jagirdar system was abolished by the Indian government in 1951 and the community of Anavil Brahmin who formerly acted as tax farmers during the era of the Maratha Empire received the land. Vapi is one of the largest industrial areas in Gujarat in terms of small-scale industries, dominated by the chemical industry. Geogra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Rupee Sign
The Indian rupee sign (₹) is the currency symbol for the Indian rupee (ISO 4217: INR), the official currency of India. Designed by D. Udaya Kumar, it was presented to the public by the Government of India on 15 July 2010, following its selection through an open competition among Indian residents. Before its adoption, the most commonly used symbols for the rupee were Rs, Re or, in texts in Indian languages, an appropriate abbreviation in the language used. The design is based on the Devanagari letter "र" ( ra) with a double horizontal line at the top and the Latin capital letter " R" without its vertical bar. The Unicode code point for the Indian rupee sign is . Other countries that use a rupee, such as Sri Lanka, Pakistan and Nepal, use the generic character. Origin On 5 March 2009, the Indian government announced a contest to create a sign for the Indian rupee. During the 2010 Union Budget, then Union Finance Minister Pranab Mukherjee said that the proposed sign sho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silvassa
Silvassa (Indo-Portuguese; ''Vila de Paço d'Arcos'') is a city and municipality in western India, and the headquarters of the Dadra and Nagar Haveli district. It was a part of the former Portuguese Goa and Damaon, and is today the largest city in Dadra and Nagar Haveli and Daman and Diu. Many large companies have established their manufacturing units there. The city has a large number of factories providing significant government revenue, which allows the city to maintain a low level of taxation. The city was chosen as one of the hundred Indian cities in Government of India's flagship Smart Cities Mission. History Until the end of the 19th century, Silvassa was just one of many small villages in Portuguese India. Its importance started to grow in 1885, when the Portuguese Administration, under Governor Carlos Eugénio Correia da Silva, decided to transfer the seat of Pragana Nagar Avely from Darará to further inland. By decree of 11 February 1885, Silvassa was created as a t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thane District
Thane district (Pronunciation: ʰaːɳe previously named Taana or Thana) is a district in the Konkan Division of Maharashtra, India. At the 2011 Census it was the most populated district in the country, with 11,060,148 inhabitants; however, in August 2014 the district was split into two with the creation of a new Palghar district, leaving the reduced Thane district with a 2011 Census population of 8,070,032. The headquarters of the district is the city of Thane. Other major cities in the district are Navi Mumbai, Kalyan-Dombivli, Mira-Bhayander, Bhiwandi, Ulhasnagar, Ambarnath, Badlapur, Murbad and Shahapur. The district is situated between 18°42' and 20°20' north latitudes and 72°45' and 73°48' east longitudes. The revised area of the district is 4,214 km2. The district is bounded by Nashik district to the north east, Pune and Ahmednagar districts to the east, and by Palghar district to the north. The Arabian Sea forms the western boundary, while it is bounded by M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palghar
Palghar () is a town in the Konkan division of Maharashtra state, India and a municipal council. It is in the Mumbai Metropolitan Region, and since 2014 it has been the administrative capital of the Palghar district. Palghar lies on the Western Line of the Mumbai Suburban Railway in the busy Mumbai-Ahmedabad rail corridor. The town is located about 87 kilometers north of Mumbai, about 35 kilometers north of Virar and about 24 kilometers west of the Mumbai-Ahmedabad National Highway at Manor. History Palgar's history is alternate with its old district Thane. Jawhar, Vasai and Palghar tehsils have a historical legacy. Vasai (then known as Bassein) was under the Portuguese Empire. Chimaji Appa, the Maratha military commander later captured Vasai fort from the Portuguese and embedded the Maratha flag on Vasai. Palghar was one of the important points in 1942 of the Chalejav campaign. Demographics At the 2011 Census of India, Palghar had a population of 68,930. Males numbere ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balkrishan Goenka
Balkrishan Gopiram Goenka (born 15 August 1966) is among India's most dynamic business leaders and an Indian businessman based in Mumbai, Maharashtra, India. He is the Chairman of the US$2.3 billion Welspun Group. A global conglomerate with operations in more than 50 countries. He is the co-founder and largest shareholder of companies such as Welspun India Ltd, the world's largest manufacturer of terry towels, and Welspun Corp Ltd, the world's second-largest producer of large-diameter pipes. As Associated Chambers of Commerce and Industry of India (ASSOCHAM) President (2018-2019), Goenka contributed significantly to shaping India's Trade, Commerce, and Industrial environment. According to Forbes, Goenka's net worth is estimated at $1.3 billion as of 29 December 2022. Goenka ranked 83rd on 2015's Forbes India Rich List. Early life Balkrishan Goenka (known more as BK or BKG) was born on 15 August 1966 in Hisar, Haryana, the son of Gopi Ram Goenka and his wife, Gayatri Devi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Textile Industry
The textile industry is primarily concerned with the design, production and distribution of yarn, cloth and clothing. The raw material may be natural, or synthetic using products of the chemical industry. Industry process Cotton manufacturing Cotton is the world's most important natural fibre. In the year 2007, the global yield was 25 million tons from 35 million hectares cultivated in more than 50 countries. There are five stages of cotton manufacturing: * Cultivating and Harvesting * Preparatory Processes * Spinning — giving yarn * Weaving — giving fabrics * Finishing — giving textiles Synthetic fibres Artificial fibres can be made by extruding a polymer, through a spinneret (polymers) into a medium where it hardens. Wet spinning (rayon) uses a coagulating medium. In dry spinning (acetate and triacetate), the polymer is contained in a solvent that evaporates in the heated exit chamber. In melt spinning (nylons and polyesters) the extruded polymer is cooled in gas or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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