Welspun India Limited is a textile company based in

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

Maharashtra Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. It is Asia's largest and the 2nd largest terry towel producer in the world It exports more than 94% of its home textiles products to more than 50 countries. It exports more than 68% of its production to US, 23% to Europe and the balance to Middle East, Australia, Mauritius. It supplies to 17 out of the top 30 retail chains in the world.

History

It was incorporated on 17 January 1985, as a Private Limited Company in the name of Welspun Winilon Silk Mills Pvt. Ltd. at

. It was established to manufacture Polyester filament yarns (PFY) and texturised yarns (PTY). In 1995, the name changed from Welspun Polyester to Welspun India Ltd.

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{{Welspun Group Manufacturing companies based in Mumbai Manufacturing companies established in 1985 Indian companies established in 1985 Welspun Group Multinational companies headquartered in India Textile companies based in Maharashtra 1985 establishments in Maharashtra Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange