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A SUMMER TRAINING PROJECT REPORT ON Home Textile Industry Analysis and Latest Innovations” CONDUCTED AT WELSPUN INDIA LIMITED, MUMBAI Submitted in Partial fulfillment of Requirement for the Award of Degree of “Master of Business Administration” (Session 2014-2016) Poornima University, Jaipur Submitted to: Submitted by: Mrs. Garima Sharma Saurabh Singhvi Assistant Professor MBA III SEM SOM & SOC Finance & Marketing Poornima University Roll No.2014Mbxx1037
Transcript
Page 1: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

A

SUMMER TRAINING PROJECT REPORT ON

“Home Textile Industry Analysis and Latest Innovations”

CONDUCTED AT

WELSPUN INDIA LIMITED, MUMBAI

Submitted in Partial fulfillment of Requirement for the Award of Degree of

“Master of Business Administration”

(Session 2014-2016)

Poornima University, Jaipur

Submitted to: Submitted by:

Mrs. Garima Sharma Saurabh Singhvi

Assistant Professor MBA III SEM

SOM & SOC Finance & Marketing

Poornima University Roll No.2014Mbxx1037

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PREFACE

Project on textile industry in order to achieve and concrete result with theoretical concept the exposure

to real life situation existing in corporate world is needed. This project also gives the some important

information of textile industry those brands, different product, New business, New technologies,.

Because technologies also shape corporate destines.

Welspun India Limited undersigned aim of their seminar on contemporary issue as an integral

part of MBA program is to give presentation by the student of the issue the topic of project report

is “Home Textile Industry Analysis and Latest Innovations” This project include my sincere

efforts and I affirm the findings is the project are in depended and original to the best of my

knowledge and belief.

I sincerely hope that this report proves to be useful to the organization and also to its readers.

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DECLARATION

I am student of MBA 2ndsemester, studying at Poornima University hereby declare that the

research project report on to“Home Textile Industry Analysis and Latest Innovations” UGC

in the partial fulfillment of degree of Master of Business Administration is my original work

conducted by me.

The information and data given in the report is authentic to the best of my knowledge.

Saurabh Singhvi

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ACKNOWLEDGEMENTS

I would like to express my heartiest gratitude to give me this opportunity to work on this

project. I wish to thank Mr. HARISH VENKATESHWARAN (GENERAL

MANAGER) at Welspun India Limited (textile) Mumbai who has fully supported me

For Giving Me Permission To Commence This Project And Gain In-Depth Knowledge

For his professional guidance, valuable support and for his useful and constructive

Recommendation on this project it was because of his regular suggestions and queries

that I was able to have a better and much wider approach Regarding this Project.

Finally, yet Importantly, I would like to express my heartily thanks to Ms. GARIMA

SHARMA (Asst. Prof of Poornima University, Jaipur) for her constant guidance and

being Incredibly supportive which helped me In completing this Project work and all

faculty.

I take this opportunity to thanks MR HARIOM GURJAR SOM AND SOC (HOD) for

his support and encouragement, which help me in the completion of this report.

I extend my gratitude and thanks to Poornima University. I am also grateful to my family

member and well- wisher for providing me the continuo’s support to motivate me to

successfully complete my report.

my gratification and elation on the success of project would be incomplete without

mentioning the names of all the people who helped me with it and without whose

guidance and encouragement this wouldn’t have been successful. It had been an

enriching experience for me to undergo my summer training at Welspun India Limited.

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which would not have possible without the goodwill and support of the people around. as

a student of Poornima University. I would like to express my sincere thanks to all those

who helped me during my SIP (summer Internship Programme).

as we know Industrial, and home textile industry analysis and Latest Innovation needs

hard work, keen insight and long Patience with scholarly vision based on content

operations hence it becomes a humble duty to express my sincere gratitude to

Mr. Harish Venkateswaran (General Manager – Group Finance & Strategy), Mr. Subir

sen (Senior Manager – Group Finance & strategy ) .

Above all I thank my family for his grace and blessings at each and every stage of the

Project.

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Executive Summary

Home Textile Industry in India is among the world's top three suppliers of home textile products.

In the financial year 2014-15, the country exported US$2.5 billion worth of home textiles.

Almost 80 percent of overseas shipments are sent to the US and the EU. Export revenue in the

current fiscal year is expected to grow 15 percent to US$1.4 billion.

The country's large and diverse cotton textiles industry, its strength in embellished home textiles,

and strong R&D capability are the driving forces behind the home textile industry's growth.

India's home textile exports are dominated by bed linen, table linen and towels. These are also

the scope of this report. A number of companies profiled in this report also produce other home

textiles such as drapery, cushion

The industry currently faces numerous challenges such as stringent labor laws, competition from

other Asian countries, a fragmented textiles supply chain and poor export infrastructure, which

threaten to slow export growth.

The following are some of the trends we see in India's home textiles export industry:

Export prices of most home textiles from India are expected to remain stable in the next six to

12 months. Quotes of low-end and mid-range products might increase marginally.

Most suppliers are projecting high export growth rates in the next 12 months despite the

numerous impediments.

A large number of companies will expand or enhance their production facilities. Some of the

large makers are also vertically integrating their factories in efforts to have better control over

production.

India's niche in embellished home textiles will continue to give suppliers an edge over

competitors. Some companies will also increase R&D focus on improving fabric quality.

The US and the EU will remain the top export markets for India's home textile suppliers.

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TABLE OF CONTENTS

CHAPTER - 1

1.1 Aims and Objectives of the Project 1.2 Scope of the Project 1.3 Selection of the Industry/ Organization 1.4 Duration & Location of Training

1.5 Training Program /Schedule 1.6 Synopsis of the Project Report

CHAPTER - 2

2.1 Introduction of the Industry & Company 2.2 Overview of the Organization 2.3 Vision, Mission 2.4 Background / Brief History of the Organization 2.5 Organizational Structure 2.6 Company Size, Revenues etc 2.7 Products/ Services 2.8 Competitors

CHAPTER - 3

3.1 Theoretical Framework 3.2 Background Theory 3.3 Review of the Existing Literature related to the project 3.4 Award and Recognization

CHAPTER - 4

4.1 Objectives of the Study Defined 4.2 Method of Research 4.3 Type of Research 4.4 Data Type 4.5 Data Collection Tools 4.6 Sampling Plan (containing method, size and unit) 4.7 Data Analysis Technique to be used

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CHAPTER - 5

5.1 Data Analysis & Results 5.2 Interpretation of Result 5.3 Findings 5.4 Suggestions 5.5 Conclusion 5.6 Recommendations 5.7 Limitations of the Study 5.8 Scope for Future Work

6. References or Bibliography

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CHAPTER – 1

Introduction of Welspun India

Limited

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Welspun India Limited (WIL) is one of the leading home textile players in the world, with a

network across 32 countries. The Company offers the entire range of home textile products

providing a “one stop solution for Home Textiles” across the globe through its modern state-of-

the-art manufacturing facilities at Anjar and vapi in Gujarat, India. Supplier to 14 of the Top 30

global Retailers, the company has marquee clients like Wall- Mart, J C Penny, Target and

Macy’s to name a few. Its product range covers the entire gamut of bedding, bath and kitchen

textile like bed sheets, Pillow cases, comforters, quilts, and mattress pads, pillow, to bath rugs,

towels and bath robes. Majority of these products are presented and sold in the key markets like

USA, Canada, UK, Europe and Japan, Hongkong. About 95% of WIL’s production is exported

to various countries across the world.

India Textile Industry is one of the leading textile industries in the world. Though was

predominantly unorganized industry even a few years back, but the scenario started changing

after the economic liberalization of Indian economy in 1991. The opening up of economy gave

the much-needed thrust to the Indian textile industry, which has now successfully become one of

the largest in the world.

India textile industry largely depends upon the textile manufacturing and export. It also plays a

major role in the economy of the country. India earns about 27% of its total foreign exchange

through textile exports. Further, the textile industry of India also contributes nearly 14% of the

total industrial production of the country. It also contributes around 3% to the GDP of the

country. India textile industry is also the largest in the country in terms of employment

generation. It not only generates jobs in its own industry, but also opens up scopes for the other

ancillary sectors. India textile industry currently generates employment to more than 35 million

people. It is also estimated that, the industry will generate 12 million new jobs by the year 2014.

Various categories

Indian textile industry can be divided into several segments, some of which can be listed as

below:

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Cotton Textiles

Silk Textiles

Woolen Textiles

Readymade Garments

Hand-crafted Textiles

Jute and Coir

India textile industry is one of the leading in the world. Currently it is estimated to be around

US$ 72 billion and is also projected to be around US$ 155 billion by the year 2014. The current

domestic market of textile in India is expected to be increased to US$ 80 billion by 2013 from

the current US$ 34.6 billion. The textile export of the country was around US$ 19.14 billion in

2009-2010, which saw a stiff rise to reach US$ 22.13 in 20010-2011 The share of exports is also

expected to increase from 5% to 8% within 2014. Following are area, production and

productivity of cotton in India during the last six decades:

Year Area in lakh

hectares Production in lakh bales of 170 kegs Yield kegs per hectare

2011 85.76 140.00 278

2012 87.30 158.00 308

2013 76.67 136.00 302

2014 76.30 179.00 399

2015 87.86 243.00 470

2016 86.77 244.00 478

2017 91.44 280.00 521

2018 94.39 315.00 567

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2019 93.73 290.00 526

Though during the year 2018-19, the industry had to face adverse agro-climatic conditions, it

succeeded in producing 290 lakh bales of cotton comparing to 315 lakh bales last year, yet

managed to retain its position as world's second highest cotton producer.

The Indian textile industry contributes about 14 per cent to industrial production, 4 per cent to

the country's gross domestic product (GDP) and 17 per cent to the country’s export earnings,

according to the Annual Report 2014-15 of the Ministry of Textiles.

The industry provides direct employment to over 35 million people and is the second largest

provider of employment after agriculture.

According to the Ministry of Textiles, the total cloth production increased by 10.2 per cent

during September 2013 as compared to September 2012. The highest growth was observed in the

power loom sector (13.2 per cent), followed by hosiery sector (9.1 per cent). The total cloth

production during April-September 2010 has increased by 2.1 per cent compared to the same

period of the previous year.

As per the latest data released by the Directorate General of Commercial Intelligence and

Statistics (DGCI&S), Kolkata, the total textile exports during April-July 2011 (provisional) were

valued at US$ 7.58 billion as against US$ 7.21 billion during the corresponding period of the

previous year, registering an increase of 5.20 per cent in rupee terms. The share of textile exports

in total exports was 11.04 per cent during April-July 2010, according to the Ministry of Textiles.

As per the Index of Industrial Production (IIP) data released by the Central Statistical

Organization (CSO), cotton textiles has registered a growth of 8.2 per cent during April-

September 2010-11, while wool, silk and man-made fiber textiles have registered a growth of 2.2

per cent while textile products including wearing apparel have registered a growth of 3 per cent.

As per a Ministry of Textiles press release dated November 2, 2010, India has the potential to

increase its textile and apparel share in the world trade from the current level of 4.5 per cent to 8

per cent and reach US$ 80 billion by 2020.

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1.1 Aims and Objectives of the Project

Industrial Research on textile and infrastructure, by way of various sources and Reports.

Main Focus is to collection current data like secondary - Innvoation textile.

Recent changes in the global and domestic market in terms of supply and consumption.

Tracking of any new government policy and amendments for particular industries

And Industrial outlook and estimated growth.

Then the data will included in the MD&A report largest textile Exporter in the world.

New technology and innovation in textile industry.

Other Project is print media and coverages the main objective is to find out the magnitude

of coverages of Welspun Group in various Publication, such as newspaper, magazines

and online.

India textile Industry largely depends upon the textile manufacturing and export.

Welspun India Limited earns about 27% of its total foreign exchange through textile

exports.

Welspun India Mainly Focus on Textile Innovation like technology, Design, yarn, cotton

material of the goods quality products.

Welspun India Limited Provides direct employment to over 35 million people and is

second largest provider of employment after agriculture.

Welspun India Limited highly Appreciated and focus on Innovation fully integrated

home textile company Bed and Bath and provide one-stop-shop solution to customers

across the world.

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1.2 Scope of the Project

WORLD TEXTILE MARKET

Currently, the global textile and apparel trade is estimated to be over US$ 450 billion3.The

global market for textile trade includes yarns, fabrics, apparel and non-apparel finished products.

Wels pun estimates that the global home textiles market is around US$ 22- 27 billion, accounting

for 5-6% of the total global textile market. The home textiles market includes:

1. Household textiles: Rugs, bed linen, table linen, bathroom and kitchen linen, etc.

2. Furnishing textiles: Curtains, bedspreads and other furnishing articles for home interiors, etc.

Post the expiry of the Agreement on Textiles and Clothing in 2005, India's share of textile

imports into the EU and the US has significantly increased. India is among the top3 leading

suppliers of bed and bath linen in the EU4. India along with China and Pakistan is amongst the

top 3 suppliers of textile globally.

Government Initiatives

According to the Ministry of Textiles, investment under the Technology Upgradation Fund

Schemes (TUFS) has been increasing steadily. During the year 2009-10, 1896 applications have been sanctioned at a project cost of US$ 5.23 billion. The cumulative progress as on December 31, 2009, includes 27,477 applications sanctioned, which has triggered investment of US$ 45.5

billion and amount sanctioned under TUFS is US$ 18.9 billion of which US$ 16.4 billion has been disbursed so far till the end of April, 2010. The Ministry of Textile has sanctioned a total of

US$ 133 million under TUFS during September 2010.Moreover, in May 2010, the Ministry of Textiles informed a parliamentary panel that it proposes to allocate US$ 785.2 million for the modernization of the textile industry.

Last Updated: December 2014

The Indian textile industry contributes about 14 per cent to industrial production, 4 per cent to

the country's gross domestic product (GDP) and 17 per cent to the country’s export earnings,

according to the Annual Report 2009-10 of the Ministry of Textiles.

The industry provides direct employment to over 35 million people and is the second largest

provider of employment after agriculture.

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According to the Ministry of Textiles, the total cloth production increased by 10.2 per cent

during September 2010 as compared to September 2009. The highest growth was observed in the

powerloom sector (13.2 per cent), followed by hosiery sector (9.1 per cent). The total cloth

production during April-September 2010 has increased by 2.1 per cent compared to the same

period of the previous year.

As per the latest data released by the Directorate General of Commercial Intelligence and

Statistics (DGCI&S), Kolkata, the total textile exports during April-July 2010 (provisional) were

valued at US$ 7.58 billion as against US$ 7.21 billion during the corresponding period of the

previous year, registering an increase of 5.20 per cent in rupee terms. The share of textile exports

in total exports was 11.04 per cent during April-July 2010, according to the Ministry of Textiles.

As per the Index of Industrial Production (IIP) data released by the Central Statistical

Organization (CSO), cotton textiles has registered a growth of 8.2 per cent during April-

September 2010-11, while wool, silk and man-made fibre textiles have registered a growth of 2.2

per cent while textile products including wearing apparel have registered a growth of 3 per cent.

As per a Ministry of Textiles press release dated November 2, 2010, India has the potential to

increase its textile and apparel share in the world trade from the current level of 4.5 per cent to 8

per cent and reach US$ 80 billion by 2020. Wels pun India, the flagship company of Wels pun

group was incorporated in the year 1985. Wels pun India Ltd is the largest producer of Terry

Towel in Asia and one of the 10 leading in the world, possessing a state-of-the-art, fully

integrated terry towel unit at Vapi, Gujarat. The Company's Plant with state-of-the-art

technology, has got ISO 9002 accreditation. Being an environment friendly manufacturing

process company. it has been awarded the OKOTEX certification. The Company transferred the

Spinning division with its assets and liabilities to Wels pun Cotton Yarn Ltd. WIL continues to

manufacture terry towels, but the yarn spinning is carried out by the new company - Wels pun

Cotton Yarn Ltd Ltd (WCYL). The demerger involved equity swapping in the ratio of 7:3. For

every 10 shares of WIL, shareholders were issued seven shares of WIL and three shares of

WCYL. American Pima Cotton in the manufacture of premium quality towels and above same

was registered trademark user of 'Egyptian Cotton' & 'Supima'.

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1.3 Selection of the Industry/Organization

Selection of the company and industry

Poornima University (Department of Management) is the conscientious learning centre

where students at different levels prepare to meet the challenges and opportunities of the

21st century. It offers premier graduate program of Masters of Business Administration

(MBA) which requires the students to complete internship program. During the

internship, the students are required to prepare a project report on a topic relevant to the

work they were assigned during the internship.

An intern has to prepare project report during the internship period but the main objective

of the internship is to get the hands-on experience of the real world organization. It also

helps to develop the skills required to handle the day to day operation in an organization.

This will allow the students to be prepared for the upcoming corporate challenges by

experiencing real time working environment. Upon subsequent research to find the best

suitable organization to match both my major and area of interest, I selected the

Marketing Trainee of a company supremely known for its well defined quality services-

Welspun India Limited Lower Parel West, Mumbai

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1.4 Duration and Location of the company

As my summer internship schedule was for sixty (60) days 8th June from 5th

August 2015 at Welspun India Limited the location of the company is Welspun

House Kamala City, Senapati Bapat Marg, Lower Parel West, and Mumbai-

400013 India.

Topic of Project is Home Textile Industry Analysis and Latest Innovation

Welspun India Limited.

Training schedule

Office timing: 9:30 am to 8.00 pm

Lunch timing: 2:00 pm to 2:30 pm

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1.5 Training Program /Schedule

Home Textile Industry Analysis and Latest Innovation at Welspun India Limited, Mumbai

To Innovation on textile Industry Design, Cotton, Yarn and applied.

Project Included in Textile Incorporated in technology and new applied of Welspun India

Latest Innovation Analysis in Textile Industry Like this type of Project and site…

Kickstarters.com

Indiegogo.com

Angellist.com

Onevest.com

Fundable.com

Crowcube.com

Circleup.com

Crowdfunder.com

Welspunindia.com

Welspunsyntex.com

All Textile Project are observed and analysis by me and suitable and selected Relevant textile

Project of incorporate in bed sheet and pillow, carpet, rugs, bath robes, towels. Project are

modified by me and only accepting Relevant and incorporate project.

India Textile Industry is one of the leading textile industries in the world. Though was

predominantly unorganized industry even a few years back, but the scenario started changing

after the economic liberalization of Indian economy in 1991. The opening up of economy gave

the much-needed thrust to the Indian textile industry, which has now successfully become one of

the largest in the world.

India textile industry largely depends upon the textile manufacturing and export. It also plays a

major role in the economy of the country. India earns about 27% of its total foreign exchange

through textile exports. Further, the textile industry of India also contributes nearly 14% of the

total industrial production of the country. It also contributes around 3% to the GDP of the

country. India textile industry is also the largest in the country in terms of employment

generation. It not only generates jobs in its own industry, but also opens up scopes for the other

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ancillary sectors. India textile industry currently generates employment to more than 35 million

people. It is also estimated that, the industry will generate 18 million new jobs by the year 2014

The Indian textile industry contributes about 15 per cent to industrial production, 4 per cent to

the country's gross domestic product (GDP) and 35 per cent to the country’s export earnings,

according to the Annual Report 2014-15 of the Ministry of Textiles.

Welspun is a public company. Which provided the yarn and iron pipes business.

Welspun India Ltd. (WIL) started its activities in 1985 as Welspun Winilon Silk Mills Pvt. Ltd, a

synthetic yarn business which went on to become Welspun Polyesters (India) Ltd. and finally,

Welspun India Limited emerged in the year 1995. Today, WIL is Asia's largest and the 2nd

largest Terry Towel producers in the World. Welspun’s facilities are located in India (Anjar and

Vapi at Gujarat), Mexico, Portugal and in UK. The Company recently demerged its Sales &

Marketing and Investment divisions to two separate Companies - Welspun Global Brands Ltd.

and Welspun Investments Ltd respectively.

WIL is Asia 's largest and amongst the top 2 Terry Towel producers in the World. Business is

spread across continents and a distribution network in 32 countries, like U.S.A. , U.K, Canada ,

Australia , Italy , Sweden and France . 94% of the total products are exported.

Offers a variety of Products like Towels in different sizes and qualities, Bed linen using state of

the art technology and the best quality of Egyptian cotton, Bath Rugs and Bath Robes. Launched

organic products utilizing the benefits of Soya, Seaweed, milk and Bamboo. In order to give

impetus to the market share, the Company has embarked upon direct marketing. The Company

has set up a wholly owned subsidiary in the name of Wels pun USA Inc. in New York to focus

on the US markets. It has started using Egyptian Cotton Yarn & American Pima Cotton in the

manufacture of premium quality towels and above same was registered trademark user of

'Egyptian Cotton' & 'Supima'. The company has started direct marketing by way of 100%

subsidiary in USA and has made grounds for tie-ups with the best in the market for floating the

products in the market. The company chalked out a expansion plan by setting up a 20 looms at

an capital outlay of Rs. 35 corers which is under implementation and out of which 11 looms have

been installed and production has commenced. With this expansion the capacity has been

enhanced to 10800 MTPA. Products are Towels, bedsheet, bath rugs, bath robes,carpet, bedding,

terry towels, curtains. Welspun India Limited (WIL) is one of the leading home textile players

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in the world, with a network across 32 countries. The Company offers the entire range of home

textile products providing a “one stop solution for Home Textiles” across the globe through its

modern state-of-the-art manufacturing facilities at Anjar and vapi in Gujarat.

1.6 Synopsis of the Project Report

The Textile Sector in India ranks next to Agriculture. Textile is one of India’s oldest industries

and has a formidable presence in the national economy in as much as it contributes to about 16

per cent of manufacturing value-addition, accounts for around one-third of our gross export

earnings and provides gainful employment to millions of people. The textile industry occupies a

unique place in our country. One of the earliest to come into existence in India, it accounts for

14% of the total Industrial production, contributes to nearly 30% of the total exports and is the

second largest employment generator after agriculture Welspun India Limited.

Textile Industry is providing one of the most basic needs of people and the holds importance;

maintaining sustained growth for improving quality of life. It has a unique position as a self-

reliant industry, from the production of raw materials to the delivery of finished products, with

substantial value-addition at each stage of processing; it is a major contribution to the country's

economy. This paper deals with structure, growth and size of the Indian textile industry, role of

textile industry in economy, key advantages of the industry, textile industry export and global

scenario and strength, weakness, opportunities and treats of the Indian textile industry.

A textile is the largest single industry in India (and amongst the biggest in the world), accounting

for about 20% of the total industrial production. It provides direct employment to around 20

million people. Textile and clothing exports account for one-third of the total value of exports

from the country.

There are 1,227 textile mills with a spinning capacity of about 29 million spindles. While yarn is

mostly produced in the mills, fabrics are produced in the powerloom and handloom sectors as

well. The Indian textile industry continues to be predominantly based on cotton, with about 65%

of raw materials consumed being cotton. The yearly output of cotton cloth was about 12.8 billion

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m (about 52 billion ft). The manufacture of jute products (1.1 million metric tons) ranks next in

importance to cotton weaving. Textile is one of India’s oldest industries and has a formidable

presence in the national economy inasmuch as it contributes to about 14 per cent of

manufacturing value-addition, accounts for around one-third of our gross export earnings and

provides gainful employment to millions of people. They include cotton and jute growers,

artisans and weavers who are engaged in the organised as well as decentralised and household

sectors spread across the entire country.

The Indian textile industry is one of the largest in the world with a massive raw material and

textiles manufacturing base. Our economy is largely dependent on the textile manufacturing and

trade in addition to other major industries. About 27% of the foreign exchange earnings are on

account of export of textiles and clothing alone. The textiles and clothing sector contributes

about 14% to the industrial production and 3% to the gross domestic product of the country.

Around 8% of the total excise revenue collection is contributed by the textile industry. So much

so, the textile industry accounts for as large as 21% of the total employment generated in the

economy.

Around 35 million people are directly employed in the textile manufacturing activities. Indirect

employment including the manpower engaged in agricultural based raw-material production like

cotton and related trade and handling could be stated to be around another 60 million.

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CHAPTER – 2

About Industry and organization

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2.1 Introduction of the Industry & Company

Welspun India Limited (WIL) is one of the leading home textile players in the world, with a

network across 32 countries. The Company offers the entire range of home textile products

providing a “one stop solution for Home Textiles” across the globe through its modern state-of-

the-art manufacturing facilities at Anjar and vapi in Gujarat, India. Supplier to 14 of the Top 30

global Retailers, the company has marquee clients like Wall- Mart, J C Penny, Target and

Macy’s to name a few. Its product range covers the entire gamut of bedding, bath and kitchen

textile like bed sheets, Pillow cases, comforters, quilts, and mattress pads, pillow, to bath rugs,

towels and bath robes. Majority of these products are presented and sold in the key markets like

USA, Canada, UK, Europe and Japan, Hongkong. About 95% of WIL’s production is exported

to various countries across the world.

India Textile Industry is one of the leading textile industries in the world. Though was

predominantly unorganized industry even a few years back, but the scenario started changing

after the economic liberalization of Indian economy in 1991. The opening up of economy gave

the much-needed thrust to the Indian textile industry, which has now successfully become one of

the largest in the world.

India textile industry largely depends upon the textile manufacturing and export. It also plays a

major role in the economy of the country. India earns about 27% of its total foreign exchange

through textile exports. Further, the textile industry of India also contributes nearly 14% of the

total industrial production of the country. It also contributes around 3% to the GDP of the

country. India textile industry is also the largest in the country in terms of employment

generation. It not only generates jobs in its own industry, but also opens up scopes for the other

ancillary sectors. India textile industry currently generates employment to more than 35 million

people. It is also estimated that, the industry will generate 12 million new jobs by the year 2014.

As a US$ 3 billion company, Welspun Group is one of India’s fastest growing conglomerates,

registered at a CAGR of 30% over the last decade. Welspun is a fully integrated player within

the Pipes, Plates & Coils and Home Textiles sector, while it also has a presence in the other

business verticals such as Steel, Infrastructure and Energy. As a globally recognised leader in the

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fields of Line Pipes and Home Textiles, Welspun Group has captured a strong foothold in more

than 50 Countries, it employs over 24,000 people and has as many as 100,000+ shareholders.

As a US$ 3 billion company, Welspun Group is one of India’s fastest growing conglomerates,

registered at a CAGR of 30% over the last decade. Welspun is a fully integrated player within

the Pipes, Plates & Coils and Home Textiles sector, while it also has a presence in the other

business verticals such as Steel, Infrastructure and Energy. As a globally recognised leader in the

fields of Line Pipes and Home Textiles, Welspun Group has captured a strong foothold in more

than 50 Countries, it employs over 24,000 people and has as many as 100,000+ shareholders.

Through a vast global footprint, the company has leveraged many business association with a

marquee of esteemed clients, especially within the Oil & Gas and Retail sectors where most

companies are listed in the Fortune 100. Among the group’s subsidiaries are Welspun USA,

Welspun Tubular LLC, Welspun Middle East and Welspun UK.

In the Line Pipe sector, Welspun has to its credit some of the most prestigious projects including

the world’s deepest pipeline project in the Gulf of Mexico, U.S.A; heaviest pipeline project in

the Persian Gulf; highest LNG pipeline project in Peru and longest pipeline project from Canada

to the US.

While in the Home Textiles sector, Welspun is the largest integrated towel manufacturer in Asia,

a leading supplier to 14 of the top 30 US retailers, and a global supplier offering the entire range

of products within the segment.

Welspun’s manufacturing base sits in its core facilities at Anjar, Gujarat, while other units are

diversified in different parts of India with one plant each in USA and Saudi Arabia.

Behind this rapid rise to prominence is a story of vision, foresight, planning and excellence. It is

this willingness to face challenges that has made Welspun a recognized name as the one who

pushes boundaries only to emerge victorious as a innovative solution provider that dares to

commit.

Welspun is proactively involved in a highly developed CSR programme which focus on the three

‘E's - Education, Empowerment & Health and Environment. With an aim to give back to the

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society, the company has driven an entire campaign to empower the underprivileged and

establishing a sustainable business model that takes care of the environment. The social activities

aren’t just limited to high profile projects, in fact every Welspunite is encouraged to contribute to

the community in any small way they can.

Welspun India Ltd. (WIL) a Welspun Group company, started its activities in 1985 as Welspun

Winilon Silk Mills Pvt. Ltd, a synthetic yarn business which went on to become Welspun

Polyesters (India) Ltd. and finally, Welspun India Limited emerged in the year 1995.

The company offers a variety of products like towels in different sizes and qualities, bed linen

using state of the art technology and the best quality of Egyptian cotton. Launched organic

products utilizing the benefits of Soya, Seaweed, milk and Bamboo.

WIL is Asia 's largest and amongst the top 4 Terry Towel producers in the World. Its business is

spread across continents and a distribution network in 32 countries, like USA, UK, Canada,

Australia, Italy, Sweden and France. 94% of the total products are exported

The company is the preferred supplier to 14 out of top 20 retailers in the world. It endeavors to

reach the leadership position in each segment / sector of its product / service. The company is

committed to satisfy its customers by providing such quality product / service, which gives

highest value for money. Welspun believes that employees are its most important asset through

which it can reach the top in each category of its product / service. Therefore, the company will

emphasize on their continuous improvement through up gradation of relevant knowledge and

training.

Welspun Terry Towels with the inexhaustible range and the claim to produce the softest towels,

are engineered to the requirements of the consumer. Highly absorbent and long lasting towels are

produced in a range of colors, which state to defy imagination.

Today WIL is a $400 million company with manufacturing facilities in the US, UK, India,

Mexico and Portugal, which is expected to become a $1 billion company by the year 2010.

Welspun (BSE: 514162|NSE: WELSPUNIND) is Asia's largest and the 2nd largest Terry Towel

producers in the World based in Mumbai, Maharashtra, India. It exports more than 94 per cent of

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its towels to more than 34 countries. It exports more than 68 per cent of its production to the US,

23 per cent to Europe and the balance to Middle East, Australia, Mauritius.[6] It supplies to 12 out

of the top 20 retail chains in the world

It was incorporated on 17 January 1985, as a Private Limited Company in the name of Welspun

Winilon Silk Mills Pvt. Ltd. at Mumbai. It was established to manufacture Polyester filament

yarns and texturised yarns. In 1995, the name changed from Welspun Polyster to Welspun Indial

Ltd

Gopi Ram Goenka, Founder of Welspun Group

Welspun India Ltd is one of the top three home textile manufacturers globally, a position we

have reached due to our willingness to embrace new technologies and develop innovative new

products. With a network across 32 countries, we offer the entire range of home textile products

to consumers from almost every corner of the world and are one of the trusted suppliers to many

of the top retailers in the US. Welspun India also owns leading brands like Christy, Hygrocotton

and others.

WELSPUN INDIA LIMITED, ANJAR GUJRAT

WELSPUN HOUSE LOWER PAREL WEST, MUMBAI

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2.2 Overview of the Organization

Today Welspun City houses a state-of-the-art Line Pipe mill which is capable of producing

Spiral Arc Welded (SAW) Pipes – both Helical and Longitudinal pipes of the finest grades and

international standards. This is in addition to the ERW pipes which it manufactures.

The one-of-its-kind Textile Mill produces Terry Towels and Bed linen of the finest and the best

quality in the World. These products are mostly exported to the top retailers of the Globe which

includes most of the Fortune 100 Companies like Wal Mart, Target and J.C. Penny amongst

others.

Welspun City takes pride in housing one of the only three Plate-cum-coil mills of its kind in the

World. This mill with a capacity of producing plates up to 4.5 meters width and Coil up to 2.8

meters wide is all set to improve Wels pun operational capabilities

Welspun India ltd Shows Growth in Revenue, operating EBIDTA and PAT our Focus is on

Innovation and Strategic Partnership with clients to increase Market Share – B.K Goenka,

Chairman

Mr. B.K Goenka, Chairman, Welspun Group said “FY15 was a landmark year for us. The

continued efforts to consolidate our leadership position and improve profitability have started

delivering results, which is evident in our operating and financial performance. Our focus on

innovation as well as strategic partnership with our clients has helped us increase our market

share, one of our key focus areas in the coming year will be the domestic market through our

brands Spaces and Welhome.”

Welspun India Ltd, part of US$ 3 BILLION Welspun Group is among the top three home textile

manufacturers

In the world and the largest home textile company in Asia. With a distribution network in more

than 50 countries and manufacturing facilities in India, it is the largest exporter of home textile

products from India Supplier to 14 of Top 30 global retailers, the company has marquee clients

like Wal- Mart, JC Penney, Target and Macy’s to name a few.

“Best ever” Financial year for Welspun India Ltd ”

FY14: Revenue up 21%; Operational EBITDA UP 38%

Q4FY15: Revenue up 15%; operational EBITDA UP 56%

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Dividend policy: 25% OF PAT; Rs. 10.5/sh total dividend for FY 15

Welspun India Ltd. (WIL), part of the US $3 BILLION Welspun Group today announced Q4 FY

and year FY 15 Results, showing strong growth in revenue, operating EBITDA and profit and

tax in comparison to the corresponding period last year.

The Company declared a final dividend of Rs. 7.50 per share, taking the total dividend for year

to Rs. 10.50 per share. The Company has also announced a Dividend Policy, under which

dividend payout ratio will be 25% of PAT, effective FY 16.

2.3 Vision, Mission

KEY MANAGEMENT

WELSPUN INDIA LTD.

1. Mr. B. K Goenka – Chairman

2. Mr. R.R Mandawewala – Managing Director

3. Ms. Dipali Goenka – Executive Director

4. Mr. Akhil Jindal – Director Group Finance & Strategy

WELSPUN PROJECT LTD.

1. Mr. B. K Goenka- Chairman

2. Mr. Deepak Chauhan –Presendent, Legal

3. Mr.Sandeep Garg – Managing Director

Units : - Vapi and Anjar

Type of company : - Public company

Type of Industry : - Textile Company

Main promoters : - B.K. Goenka, R.R. Mandawewala, and Dipali Goenka

Location : - International

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Our Logo

Reasons for Selecting this Location:-

Located near two crucial ports, Kandla and Mundra on the Western coast of India; Kutch offers

several location advantages besides its abundant natural resources. Easily available cotton and

skilled manpower are a few to begin with. The two international ports and national highways are

connected with a well development bank and World Bank, Kutch is ready to emerge as an

industrial capital.

Mission Statement, Vision of Company:-

Mission of company

We endeavor to reach the leadership position in each Segment / Sector of our Product /

Service.

We are committed to satisfy our customers by providing best quality and service, which gives the

highest value for money.

We believe that employees are our most important asset through which we can reach the top

In each category of our Product / Service. Therefore, we will emphasize on their continuous

improvement through upgrading relevant knowledge and training.

We commit ourselves to continuous growth, so as to fulfill the aspirations of our Customers,

Employees and Shareholders.

Vision of Company

Welspun India Limited envisions to become a fully integrated home textile Company

(Bed and Bath) – and provide one-stop-shop solution to customers across the World.

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Welspun is the leader in terms of embracing new technologies, product innovations,

market intelligence etc. and offering competitive end-to-end solutions to customers at

globally competitive prices with effective supply chain management. It aims to become

the preferred partner in Home Textiles for any global initiative. It targets Cost

Optimization and aims to also become the lowest cost producer of home textiles globally

Vision

We aim to…

Emerge as a global leader…

Preferred by every home serve…

With passion grow…. @ speed innovate…

With quality excel… with ethics delighting all stakeholders…

We are… WELSPUN

Our Motto

'Dare To Commit'

It is the vigour and commitment of all at Welspun that has brought it so far and helped to reach

the zenith of success in whichever business they are in. It is through this quality that the motto of

Welspun is ‘Dare to Commit’. Welspun doesn’t create products, it engineers satisfaction. Within

Welspun, quality of product and service is of paramount importance. Welspun's state-of-art

manufacturing facilities reaffirm world-class quality products and nothing less. Each and every

project is treated as an opportunity and every achievement as a platform to set new goals. This

strategy has enabled Welspun to have delighted customers in 50 Countries.

“We dare to commit and deliver on our promises.” The Indian textile industry is one of the

largest in the world with a massive raw material and textiles manufacturing base. Our economy

is largely dependent on the textile manufacturing and trade in addition to other major industries

The textiles and clothing sector contributes about 14% to the industrial production and 3% to the

gross domestic product of the country. Around 8% of the total excise revenue collection is

contributed by the textile industry. A textile is the largest single industry in India (and amongst

the biggest in the world), accounting for about 20% of the total industrial production.

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2.4 Background / Brief History of the Organization

Welspun (BSE: 514162|NSE: WELSPUNIND) is Asia's largest and the 2nd largest Terry Towel

producers in the World based inMumbai, Maharashtra, India. It exports more than 94 per cent of

its towels to more than 34 countries. It exports more than 68 per cent of its production to the US,

23 per cent to Europe and the balance to Middle East, Australia, Mauritius. It supplies to 12 out

of the top 20 retail chains in the world.

It was incorporated on 17 January 1985, as a Private Limited Company in the name of Welspun

Winilon Silk Mills Pvt. Ltd. atMumbai It was established to manufacture Polyester filament

yarns (PFY) and texturised yarns (PTY). In 1995, the name changed from Welspun Polyster to

Welspun India Ltd.

The company offers a variety of products like towels in different sizes and qualities, bed linen

using state of the art technology and the best quality of Egyptian cotton. Launched organic

products utilizing the benefits of Soya, Seaweed, milk and Bamboo.

WIL is Asia 's largest and amongst the top 4 Terry Towel producers in the World. Its business is

spread across continents and a distribution network in 32 countries, like USA, UK, Canada,

Australia, Italy, Sweden and France. 94% of the total products are exported.

Welspun Terry Towels with the inexhaustible range and the claim to produce the softest towels,

are engineered to the requirements of the consumer. Highly absorbent and long lasting towels are

produced in a range of colours, which state to defy imagination.

Today WIL is a $400 million company with manufacturing facilities in the US, UK, India,

Mexico and Portugal, which is expected to become a $ 3 billion company by the year 2014

The company is the preferred supplier to 14 out of top 20 retailers in the world. It endeavors to

reach the leadership position in each segment / sector of its product / service. The company is

committed to satisfy its customers by providing such quality product / service, which gives

highest value for money. Welspun believes that employees are its most important asset through

which it can reach the top in each category of its product / service. Therefore, the company will

emphasize on their continuous improvement through upgradation of relevant knowledge and

training. Welspun India envisions to become a fully integrated home textile company (Bed and

Bath) from cotton farming to retailing by the year 2014 with the largest market capital in India

and to be among the top three Home textile companies in the world.

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2.5 Organizational Structure of Welspun

The Textile Sector in India ranks next to Agriculture. Textile is one of India’s oldest industries

and has a formidable presence in the national economy in as much as it contributes to about 14

per cent of manufacturing value-addition, accounts for around one-third of our gross export

earnings and provides gainful employment to millions of people. The textile industry occupies a

unique place in our country. One of the earliest to come into existence in India, it accounts for

14% of the total Industrial production, contributes to nearly 30% of the total exports and is the

second largest employment generator after agriculture.

Textile Industry is providing one of the most basic needs of people and the holds importance;

maintaining sustained growth for improving quality of life. It has a unique position as a self-

reliant industry, from the production of raw materials to the delivery of finished products, with

substantial value-addition at each stage of processing; it is a major contribution to the country's

economy. This paper deals with structure, growth and size of the Indian textile industry, role of

textile industry in economy, key advantages of the industry, textile industry export .

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2.6 Company Size, Revenues etc

Welspun group under 20 companies of welspun Welspun India Limited is turn over is 6000

crore per year and whole group turn over is 21000 crore.

Welspun India envisions to become a fully integrated home textile company (Bed and Bath)

from cotton farming to retailing by the year 2014 with the largest market capital in India and to

be among the top three Home textile companies in the world.

As a US$ 3 billion company, Welspun Group is one of India’s fastest growing conglomerates,

registered at a CAGR of 30% over the last decade. Welspun is a fully integrated player within

the Pipes, Plates & Coils and Home Textiles sector, while it also has a presence in the other

business verticals such as Steel, Infrastructure and Energy. As a globally recognised leader in the

fields of Line Pipes and Home Textiles, Welspun Group has captured a strong foothold in more

than 50 Countries, it employs over 24,000 people and has as many as 100,000+ shareholders.

Through a vast global footprint, the company has leveraged many business association with a

marquee of esteemed clients, especially within the Oil & Gas and Retail sectors where most

companies are listed in the Fortune 100. Among the group’s subsidiaries are Welspun USA,

Welspun Tubular LLC, Welspun Middle East and Welspun UK.

In the Line Pipe sector, Welspun has to its credit some of the most prestigious projects including

the world’s deepest pipeline project in the Gulf of Mexico, U.S.A; heaviest pipeline project in

the Persian Gulf; highest LNG pipeline project in Peru and longest pipeline project from Canada

to the US.

While in the Home Textiles sector, Welspun is the largest integrated towel manufacturer in Asia,

a leading supplier to 14 of the top 30 US retailers, and a global supplier offering the entire range

of products within the segment.

Welspun’s manufacturing base sits in its core facilities at Anjar, Gujarat, while other units are

diversified in different parts of India with one plant each in USA and Saudi Arabia.

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Behind this rapid rise to prominence is a story of vision, foresight, planning and excellence. It is

this willingness to face challenges that has made Welspun a recognized name as the one who

pushes boundaries only to emerge victorious as a innovative solution provider that dares to

commit.

Welspun is proactively involved in a highly developed CSR programme which focus on the three

‘E's - Education, Empowerment & Health and Environment. With an aim to give back to the

society, the company has driven an entire campaign to empower the underprivileged and

establishing a sustainable business model that takes care of the environment. The social activities

aren’t just limited to high profile projects, in fact every Welspunite is encouraged to contribute to

the community in any small way they can.

Welspun Group turn over is 21000 tousand crore means us $ 3.5 billions doller.

The company is the preferred supplier to 14 out of top 20 retailers in the world. It endeavors to

reach the leadership position in each segment / sector of its product / service. The company is

committed to satisfy its customers by providing such quality product / service, which gives

highest value for money. Welspun believes that employees are its most important asset through

which it can reach the top in each category of its product / service. Therefore, the company will

emphasize on their continuous improvement through upgradation of relevant knowledge and

training. Welspun Terry Towels with the inexhaustible range and the claim to produce the softest

towels, are engineered to the requirements of the consumer. Highly absorbent and long lasting

towels are produced in a range of colours, which state to defy imagination.

Today WIL is a $400 million company with manufacturing facilities in the US, UK, India,

Mexico and Portugal, which is expected to become a $1 billion company by the year 2014.

Product range of the company includes:

Bath –Embroidered Towels –Sublistatic –Stripes –Bathrobe Bed –Bed Linen Rug –Embroidered Towels –Sublistatic –Stripes

Top of Bed –Embroidered Towels –Sublistatic Towels terry towels Bath rugs, bath robes.

Bedding lilan. Cotton, yarn Desining.

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2. 7 Products/ Services

Product Profile : - Welspun Products

Welspun has a wide ranging portfolio of home textile products comprising terry towels, bed

sheets, bath robes, bath rugs, basic bedding and decorative bedding.

Terry Towel

Welspun manufactures terry towels in different shapes and sizes. Some of the towels are

intended for use in a particular setting, such as beach towels, or for a particular purpose, such as

kitchen towels and baby hood towels, or in sizes convenient for a special use, such as hand

towels, face towels and bath sheets. Being woven out of 100% cotton yarn, these fabrics acquire

significant hygroscopic property, which is a prime reason for using terry fabrics in home textiles

in general and towels and bath robes in particular.

Bed Sheets

Welspun manufactures bed sheets in different shapes and sizes based on different bed sizes and

mattress depth. Our bed sheets are made from cotton or various blends, such as polyester cotton,

cotton bamboo and cotton eucalyptus. The main reason for using blends is the cost and ease of

maintenance of the product by the consumer.

Bath Robes

Wels pun manufactures bath robes in different designs, shades and weights as per customer

requirements. It has the ability to make piece dyed, yarn dyed, jacquard and velour bath robes.

The bath robes are manufactured in different styles such as “kimono", "hood", "zipper", and

"shawl". Welspun specializes in the manufacture of a specific category of bath robes called

“wraps". It also provides embellishments, embroidery and prints as per customer requirements.

The fabric for our bath robes is similar to the fabric of our towels, which enables us to leverage

the product development and innovation undertaken in the production of terry towels.

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Bath Rugs

Wels pun is able to make rugs of various designs using its multi-level cut loop machine to create

multiple fiber lengths within a rug. Our bath rugs are generally made of cotton, nylon or micro

fiber and can be latex-backed, depending on consumer preferences. Based on customer

requirements, we make rugs of different sizes and weights including reversible rugs.

Basic Bedding and Decorative Bedding

Our basic bedding products includes mattress pads, blown and garneted pillows and basic

comforters while our decorative bedding products includes comforters, bed skirts, shams,

decorative pillows and bolsters. Most of these products are made of polyester fiber fill wadding.

The fill we use for each product varies according to customer requirements. Since the decorative

products provide the look and feel to the bedroom, the products are design-oriented.

Value Added" Products

In addition to these products, Welspun also manufactures "value added" products such as "quick

dry towels" and "the perfect sheet". Welspun believes that these product offerings are examples

of how consumer research-driven innovation can enhance functionality in its product offerings.

Robes: -

Wil manufactures bath robes in different styles such as kimono, hood, zipper,shal, and wraps .

since the fabric for bath robes is similar ta that of towels, the company is able to leverage the

product development and innovation undertake in production of terry towels, in this segment.

BED : -

Bed Linen Products…

It includes bed sheet in different sizes, according to bed size and mattress depth. These are made

from cotton or from various blends, such as polyester cotton, cotton bamboo, cotton silk and

cotton Eucalyptus.

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Flooring :Carpets : The company is a recent entrant in the carpet segment. The carpet

facility was completed in FY 14 and is expected to start generating revenues in FY 15. The

company will be initially focusing on decorative carpets and area rugs.

BEDDING Bed Sheets After establishing our presence in bath towels, we forayed into bed

sheets in 2004-05 with our sheeting facility at Anjar. We produce solid- color flat and fitted

sheets, damask stripes, intricate jacquards and woven dobby patterns across all thread counts in

cotton and blended yarn / fabric. We also have rotor and digital printing capabilities.

Utility Bedding

we manufacture pillow fillers, mattress pads and down-alternative filled comforters, also khow

as Utility Bedding at our Anjar facility. We boast unique patent-pending solution driven products

in this area. From this facility, we also produce fashion core comforters in solid and stripes that

coordinate with our sheets.

Fashion Bedding

Our trend savvy design studios design and develop unique printed and woven textured patterns

for the bedroom. Our utility and fashion bedding capacities produce a combined 1.8 mn units per

annum.

TOWELS

Welspun is leading supplier of bath towels in the USA. Every seventh towel sold in the US today

is made by Welspun. The product range includes wash cloths, face towels, hand towels, bath

towels, bath sheets and beach towels. From simple solid color towels to intricate yarn-dyed

jacquards, we boast an entire line of differentiated products. We have the capability to

manufacture towels using carded/combed cotton, ring spun, zero twist, low twist and newly

patented Hygrocotton yarns. Our innovation in towels begins with the actual yarn.

RUGS Bath Rug We added bath rug manufacturing facility with a capacity of 8 million pieces

in 2009. With machine tufting and hand tufting capabilities, we manufacture cotton, Nylon PET

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and Polyester filament-based Drylon and Resilon yarn rugs and the bi-component fiber (BCF)

rugs called Kushlon. We are vertically integrated to manufacture our own dope dyed Drylon,

Resilon, Kushlon and Nylon yarns via our subsidiary, Welspun syntax Ltd.

Area Rug

Welspun recently launched a vertically integrated line of area and accent rugs. Using our

expertise in fiber extrusion and design innovation, our line boasts a diverse range of product and

styles. To further enhance our area and accent rug introduction, Welspun is using our consumer

research to develop best-in-class merchandising aids.

WIMBLEDON TOWELS

Every year Welspun produces over 100,00,00 towels for the Championships Wimbledon, the

majority of which are sold during the tournament the majority of which are sold during the

tournament fortnight. Christy, a Welspun brand has been the proud licensee of the towels for 28

years now.

The Championship towels are the fastest selling product during the tournament and have become

the iconic ‘must have’ product of the event.

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Terry Towel

Bed Sheets

Bath Robes

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Bath Rugs

Basic Bedding and Decorative Bedding

Current capacities of Welspun India : -

TERRY TOWELS . CAPACITY 45,000 MT/ Year

Location Anjar / vapi

Capacity utilization.. 99 %

BED LINEN PRODUCTS BED SHEETS –

Capacity : 55 Million mtr / year

Location : Anjar

Capacity Utilisation 89 %

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BATH RUGES %CARPETS : Capacity : 12,000 MT/Year Location : vapiCapacity

utilization : 68 %

Welspun India Ltd. (WIL) is a fully integrated home textile manufacturer. It is one of the

largest global home textile players, with world class

manufacturing facilities in India. Besides, the company was ranked 1st in the Top 15 Supplier

Giants (USA) by Home Textiles Today Magazine, January 2013 Today, WIL holds an

undoubted global leader position owing to its' willingness to embrace new technologies and

develop innovative products. With a network across 32 countries, the company offers the entire

range of home textile products to consumers from almost every corner of the world and are one

of the trusted suppliers to many of the top retailers in the US and Europe. Welspun India also

owns leading brands like Christy, Hygro Comfort and others.

It has modern manufacturing facilities at Anjar and Vapi in Gujarat, India where it produces the

entire range of home textiles for bed & bath category. Welspun India Ltd. also owns the

following home textile brands.

VISION

We aim to

emerge as a global leader

preferred by every home

serve...with passion

grow....@speed

innovate.....with quality

excel...with ethics

Delighting all stakeholders.....

We are...WELSPUN

MISSION

We Endeavour to reach a leadership position in each Segment / Sector of our Product / Service.

We are committed to satisfy our customers by providing best quality and service, which gives the

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highest value for money.

We believe that employees are our most important asset through which we can reach the top in

each category of our Product / Service. Therefore, we will emphasize on their continuous

improvement through upgrading relevant knowledge and training.

We commit ourselves to continuous growth, so as to fulfill the aspirations of our Customers,

Employees and Shareholders.

2.8 Competitors

Competitors of Welspun India limited :-

Vardhaman Group

Alok Industries Limited

Raymond Industries

Arvind mills Limited

Bombay Dyeing

Indo count

Trident

Wall mart

Welspun’s financial position and operations for the year ended March 31 2015. Amount are stated

in Indian Rupees unless otherwise indicated. The numbers for the year ending March 31, 2015 as

well as for the previous year are on a consolidated basis and regrouped and reclassified wherever

necessary .

WELSPUN INDIA LTD – BUSINESS OVERVIEW

Welspun India Limited (WIL) is the Global Leader in Home Textiles with global reach,

delivering to more than 50 countries. WIL supplies to 14 of the top 30 global retailers and has

been ranked 1st in the Top 15 suppliers Giants to the USA by Home Textiles Today Magazine

continuously for the last three years. With world class manufacturing facilities in Gujarat –India,

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the company offers a wide range of home textile products in Bath, Bedding and Flooring

solutions to Its consumers from almost every corner of the world. Welspun has a strong presence

in key markets like USA, Canada, UK, and Europe and about 95% of its production is exported to

various countries across the world. The company owns brands such as Christy, Spaces and

Welhome which constitute around 11% of the sales. The company has a strong emphasis on

Innovation which is reflected in the number of patents and trademarks which it holds and had

applied for. More than 30% of the total revenues of WIL come from the Innovation products

developed by the company.

GLOBAL ECONOMIC OVERVIEW

In 2014, global economic recovery remained tepid and divergent across economies, with most

emerging market economies experiencing slowdown. While advance economies remained

susceptible to the risk of deflation, inflationary pressures subsided in key emerging economies

giving leeway for easing monetary policy. Global commodity prices continued to decline.

Financial markets were buoyant but volatile in pricing policy developments in major economies.

Global economic activity appears to be stablising, but with markedly divergent growth profiles

between advanced and emerging economies, and between commodity exporters and importers.

The collapse of international commodity prices, especially of crude oil, seems to have reallocated

demand across economies.

Monetary policy stances across countries have been easing including unconventionally, and

market expectations on the timing of the US monetary policy normalization have been pushed

back. In response, there have been large movements in exchange rates and other assets prices.

Reflecting risk appetite and search for yield, long term yoelds have fallen to record lows amidst

heightened volatility in financial markets. For commodity exporters, however, risk spreads have

widened and currency depreciation have been sizable. Thus, even though financial asset prices,

the outlook for global growth remains moderate, held back by still-weak demand.

In the United states, growth has been firming up, aided by improving labour and housing market

conditions. The sharp appreciation in the US dollar in recent months could, however, dampen

prospects for exports. In the Euro area, economic condition remain weak although some pick-up

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in Q4 of 2014 and the early months of 2015 is being observed, supported by lower crude prices

and the depreciation in the euro as well as increased bank lending. The contraction of activity in

Japan moderated in the final quarter of 2014, with mixed signals from higher frequency data in

the beginning of 2015 – consumer confidence and exports show improvement, but retail sales and

industrial production have contracted.

Gopi Ram Goenka, Founder of Welspun Group

Welspun India Ltd is one of the top three home textile manufacturers globally, a position we have

reached due to our willingness to embrace new technologies and develop innovative new

products. With a network across 32 countries, we offer the entire range of home textile products

to consumers from almost every corner of the world and are one of the trusted suppliers to many

of the top retailers in the US. Welspun India also owns leading brands like Christy, Hygrocotton

and others.

Welspun (BSE: 514162|NSE: WELSPUNIND) is Asia's largest and the 2nd largest Terry Towel

producers in the World based in Mumbai, Maharashtra, India.It exports more than 94 per cent of

its towels to more than 34 countries. It exports more than 68 per cent of its production to the US,

23 per cent to Europe and the balance to Middle East, Australia, Mauritius.[6] It supplies to 12 out

of the top 20 retail chains in the world

It was incorporated on 17 January 1985, as a Private Limited Company in the name of Welspun

Winilon Silk Mills Pvt. Ltd. at Mumbai. It was established to manufacture Polyester filament

yarns and texturised yarns. In 1995, the name changed from Welspun Polyster to Welspun Indial

Ltd.

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CHAPTER- 3

Review of Literature / Theoretical

Background

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3.1 Theoretical Framework

Welspun India Ltd. (WIL) a Welspun Group company, started its activities in 1985 as

Welspun Winilon Silk Mills Pvt. Ltd, a synthetic yarn business which went on to become

Welspun Polyesters (India) Ltd. and finally, Welspun India Limited emerged in the year

1995.

The company offers a variety of products like towels in different sizes and qualities, bed

linen using state of the art technology and the best quality of Egyptian cotton. Launched

organic products utilizing the benefits of Soya, Seaweed, milk and Bamboo.

WIL is Asia 's largest and amongst the top 4 Terry Towel producers in the World. Its

business is spread across continents and a distribution network in 32 countries, like USA,

UK, Canada, Australia, Italy, Sweden and France. 94% of the total products are exported.

The company is the preferred supplier to 14 out of top 20 retailers in the world. It endeavors

to reach the leadership position in each segment / sector of its product / service. The

company is committed to satisfy its customers by providing such quality product / service,

which gives highest value for money. Welspun believes that employees are its most

important asset through which it can reach the top in each category of its product / service.

Therefore, the company will emphasize on their continuous improvement through up

gradation of relevant knowledge and training.

Welspun Terry Towels with the inexhaustible range and the claim to produce the softest

towels, are engineered to the requirements of the consumer. Highly absorbent and long

lasting towels are produced in a range of colours, which state to defy imagination.

Today WIL is a $400 million company with manufacturing facilities in the US, UK, India,

Mexico and Portugal, which is expected to become a $1 billion company by the year 2014.

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It was incorporated on 17 January 1985, as a Private Limited Company in the name of

Welspun Winilon Silk Mills Pvt. Ltd. at Mumbai. It was established to manufacture Polyester

filament yarns (PFY) and textures yarns (PTY). In 1995, the name changed from Welspun

Polyester to Welspun India Ltd.

Latest Innovation Analysis of Textile Industry these are various web

sites…

www.Kickstarters.com www.Angellist.com www.Onevest.com

www.Indiegogo.com www.Crowcube.com

www.Fundable.com www.Circleup.com www.Crowfunder.com

www.Welspun India www.Welspun Syntax

www.Wefunder.com www.Equitynet.com

All Welspun textile Products Innovation Like Bed sheet, Pillow , Bed, towels, terry towels, bath robes, bath towels, Linen bed, bath rugs.

3.2 Background Theory

Welspun (BSE: 514162|NSE: WELSPUNIND) is Asia's largest and the 2nd largest Terry

Towel producers in the World based in Mumbai, Maharashtra, India.It exports more than 94

per cent of its towels to more than 34 countries. It exports more than 68 per cent of its

production to the US, 23 per cent to Europe and the balance to Middle East, Australia,

Mauritius.[6] It supplies to 12 out of the top 20 retail chains in the world

It was incorporated on 17 January 1985, as a Private Limited Company in the name of

Welspun Winilon Silk Mills Pvt. Ltd. at Mumbai. It was established to manufacture Polyester

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filament yarns and texturised yarns. In 1995, the name changed from Welspun Polyster to

Welspun Indial Ltd

Gopi Ram Goenka, Founder of Welspun Group

Welspun India Ltd is one of the top three home textile manufacturers globally, a position we

have reached due to our willingness to embrace new technologies and develop innovative

new products. With a network across 32 countries, we offer the entire range of home textile

products to consumers from almost every corner of the world and are one of the trusted

suppliers to many of the top retailers in the US. Welspun India also owns leading brands like

Christy, Hygrocotton and others.

3.3 Review of the Literature

Bagchi (2013) critically examined the removal of quota between 1995-2005 in four phases is

not as beneficial as it is projected by developed world. The first two phases are composed of

goods which are not of high importance and already almost free. These two phases are not of

high importance. The other two phases are of high importance.

Chandra (2014) in his article wrote on challenges ahead of Indian textile and clothing

industry in post quota regime. It put special emphasis on production capabilities and

efficiencies as most essential elements to fight global competition. It suggests various

strategic decisions Indian textile manufacturers have to make to survive the competitiveness

in post quota regime.

Simpson and Shetty (2011) did a vast study on India’s textile industry. The purpose of study

is to analyze India’s textile and apparel industry, its structural problems, market access

barriers, and measurements taken by government of India to enhance the industry’s

competitiveness in the post – Multifibre Agreement (MFA) era. The study also assesses

India’s textile and apparel market potential and trade and investment opportunities for U.S.

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firms as India steps into a more free and transparent trade regime. For the purpose of study

exploratory study is done in which in-depth interviews are done with various government

officials in Textile Export Promotion Council, Ministry of . 101 textile, Cotton Council of

India, Apparel Export Promotion Council (AEPC), Federation of Karnataka Chamber of

Commerce and Industry, Handloom Export Promotion Council, Madras Chamber of

Commerce and Industry, The South India Textile and Research Association, and almost all

top executives of India’s large textile mills. Verma (2013) in his article emphasized on the

impact on the Indian textile

Bagchi (2014-15) critically examined the removal of quota between 2014-15 in four phases is

not as beneficial as it is projected by developed world. The first two phases are composed of

goods which are not of high importance and already almost free. These two phases are not of

high importance. The other two phases are of high importance. Chandra (1998) in his article

wrote on challenges ahead of Indian textile and clothing industry in post quota regime. It put

special emphasis on production capabilities and efficiencies as most essential elements to fight

global competition. It suggests various strategic decisions Indian textile manufacturers have to

make to survive the competitiveness in post quota regime. Simpson and Shetty (2001) did a vast

study on India’s textile industry. The purpose of study is to analyze India’s textile and apparel

industry, its structural problems, market access barriers, and measurements taken by government

of India to enhance the industry’s competitiveness in the post – Multifibre Agreement (MFA)

era. The study also assesses India’s textile and apparel market potential and trade and investment

opportunities for U.S. firms as India steps into a more free and transparent trade regime. For the

purpose of study exploratory study is done in which in-depth interviews are done with various

government officials in Textile Export Promotion Council, Ministry of . 101 textile, Cotton

Council of India, Apparel Export Promotion Council (AEPC), Federation of Karnataka Chamber

of Commerce and Industry, Handloom Export Promotion Council, Madras Chamber of

Commerce and Industry, The South India Textile and Research Association, and almost all top

executives of India’s large textile mills. Verma (2011) in his article emphasized on the impact on

the Indian textile.

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India is first in global jute production and shares 63% of global textile and garment market. India

is 2nd in global textile manufacturing and also 2nd in silk and cotton production. 100% FDI is

allowed via automatic route in textile sector. Rieter, Trutzschler, Soktas, Zambiati, Bilsar, Monti,

CMT, E-land, Nissinbo, Marks & Spencer, Zara, Promod, Benetton, Levi’s are the some of

foreign textile companies invested or working in India.

4.4 AWARDS & RECOGNITIONS

2015 Green Manufacturing Excellence Awards 2015- Welspun India Ltd, Anjar - Frost &

Sullivan

Partner Award of Excellence For Performance -Target

Best Product Quality Award For Egyptian Nanospun Towel- Asda George Home

Self Testing Certification – Asda

Best Supplier Award For Performance – Sheridan

2014 Environment Management Award – Golden Peacock

Green Manufacturing Excellence Award – Frost & Sullivan

Best Trade Exporter, Indian Export Award – Ecgc D&B

Global Citizen Award 2014 – Macy’s

5 Star vendor Award 2014 – Macy’s

Best Brand In Bed And Bath/ Furniture category 2013-14 - Shoppers stop

Supplier Award For The Year 2014 – Macy’s

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Certified Women’s Business Enterprise Award – Weconnect International

Innovation Award For Year – J C Penney

Best Corporate Social Responsibility Practices – World CSR Congress

2013 Supplier of the year – TESCO

Largest Producer, Largest Exporter – Made Ups & Home Textiles TV 18 – Textile Conclave

2013 – Brand India

Special Gold Trophy for highest exports of cotton Textiles – Texprocil

Vendor of the Year – Sears / K-Mart

Partners in Business Transformation – Sears / K-Mart

Welspun (BSE: 514162|NSE: WELSPUNIND) is Asia's largest and the 2nd largest Terry Towel producers in the World based inMumbai, Maharashtra, India.[1] It exports more than 94 per cent

of its towels to more than 34 countries. It exports more than 68 per cent of its production to the US, 23 per cent to Europe and the balance to Middle East, Australia, Mauritius. It supplies to 12

out of the top 20 retail chains in the world.

It was incorporated on 17 January 1985, as a Private Limited Company in the name of Welspun

Winilon Silk Mills Pvt. Ltd. atMumbai. It was established to manufacture Polyester filament

yarns (PFY) and texturised yarns (PTY). In 1995, the name changed from Welspun Polyster to

Welspun India Ltd.

The Textile industry in India traditionally, after agriculture, is the only industry that has

generated huge employment for both skilled and unskilled labor in textiles. The textile industry

continues to be the second largest employment generating sector in India. It offers direct

employment to over 35 million in the country.[1] The share of textiles in total exports was

11.04% during April–July 2010, as per the Ministry of Textiles. During 2009-2010, Indian

textiles industry was pegged at US$55 billion, 64% of which services domestic demand. In 2010,

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there were 2,500 textile weaving factories and 4,135 textile finishing factories in all of

India. According to AT Kearney’s ‘Retail Apparel Index’, India is ranked as the fourth most

promising market for apparel retailers in 2009.

CHAPTER – 4

Objectives & Research

Methodology

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4.1 Objectives of the Study Defined

To identify the factors which influence the Job satisfaction

of employees.

To observe the Human resource development in the Welspun

Textiles Limited at Corporate Office.

To suggest measures to improve the Satisfaction level of

Employees.

To main focus on Textile Innovation in technology, Design, yarn, materials, high quality

cotton material to applied in Welspun Textile.

Industrial Research on textile and infrastructure, by way of various sources and Reports.

Main Focus is to collection current data secondary and Innovation.

Recent changes in the global and domestic market in terms of supply and consumption.

Tracking of any new government policy and amendments for particular industries

And Industrial outlook and estimated growth.

New technology and innovation are applied in textile industry.

Other Project is print media and coverages the main objective is to find out the magnitude

of coverages of Welspun Group in various Publication, such as newspaper, magazines

and online.

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4.2 Method of Research

RESEARCH DESIGN

In my research , Secondary research design have followed

DATA COLLECTION

Secondary data.

Secondary data is collected by websites textile Innovation

Sample Design and Size

Sample size is 100 employees

Sampling frame:

Sample frame = ALL Employees of different department at Corporate Office

Sampling technique

• Snowball Sampling.

• Convenience Sampling

Various Site to Innovatation Textile Industry

Kickstarters.com

Indiegogo.com

Angellist.com

Onevest.com

Fundable.com

Crowcube.com

Circleup.com

Crowdfunder.com

Welspunindia.com

Syntex.com

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4.3 Type of Research

Research methodology Regarding the projects :-

Secondary Research in textile Innovation

New technology and innovation in textile industry.

Collection of the data is site is kickstarters.com.

Industrial Research on textile and infrastructure, by way of various sources and Reports.

Main focus is to collect current data.

Recent changes in the Global and Domestic market interms of supply and consumption.

Tracking of any new government Policy and aments for Particular

And Industrial outlook and Estimated Growth.

Then the data will included in the MB& A Report.

Other Project is print media and coverages the main objective is to find out the magnitute

of coverages of Welspun Group in various Publication, such as newspaper, magazines

and online.

4.4 Sampling Plan (containing method, size and unit)

Research Analysis of the project : -

The Global Economic overview, indian Economic overview ,Global Textile Industry and Trade,

Global Home Textile Market, indian Textile industry and outlook of how an entity has

performed in the past, its Financial condition, and its future prospects. In so doing, the MD & A

attempt to provide investors with complete, fair and balance information to help them new

innovation and textile products and decide to invest in an entity.

The sectionof company act 1956, this section contains a description of the year gone by and

some of the key factors that influenced the business of the company in the year inthat year , as

well as a fair and unbiased overview of the company’s past, present and future.

Collection of the data in textile industry in welspun products are with different innovation

analysis like site of the products.. kickstarter.com,

Indiegogo.com , Angel list.com, one vest.com. are these site to help ful of the collection of the

secondry data collection.

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Secondary data on incorporated in textile industry and applied them new kind of innovation

products in textile industry of welspun india ltd.

Estimated share of India in World Exports

Year World textile

Export ($

Billion)

India’s Export

($Billion)

2012 708 31

2013 743.4 35.7

2014 780.6 41.1

2015 819.6 47.3

2016 860.6 54.4

2017 903.6 62.6

2018 948.8 72.1

2019 996.2 83.0

2020 1046.0 95.5

2021 1098.3 109.9

2022 1153.3 126.5

2023 1210.9 145.6

Raw Material : welspun India Ltd textile is a country where abundant good quality surplus

cotton is available and it is the second largest producer & net exporter of cotton and yarn

exporter globally. Other major suppliers like China, Pakistan and Turkey have higher cotton

imports than exports. This puts India at an advantage against other major exporters in term of

raw material availability and costs.

The sectionof company act 1956, this section contains a description of the year gone by and

some of the key factors that influenced the business of the company in the year inthat year , as

well as a fair and unbiased overview of the company’s past, present and future.

Collection of the data in textile industry in welspun products are with different innovation

analysis like site of the products.. kickstarter.com, Indiegogo.com , Angel list.com, one vest.com.

are these site to help ful of the collection of the secondry data collection.

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Current capacity of welspun india limited…

WIL Products Unit

Current

Capacity

Production -

FY15

Spindles Nos

Yarn MT

50,000

Towels MT

50,000

50,852

Sheets mn Mtrs

60

58

Rugs MT

15,000

8,755

4.5 Data Analysis Technique to be used

Welspun India Ltd

Textile and Apparel Exporter

1.81% 1.61% 1.85%

2.87%2.58%

3.31%

3.60%

4.67%

37.07%

24.77%

15.86%

Pakistan

Indonesia

Korea

Vietnam

USA

Bangladesh

Turkey

India

China

Euripean

Others

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Textile & Apparel Importers

The Textile and clothing trade is expected to grow at a rate of 5% per annum over the next decade and is expected to breach the US $ 1.3 trillion mark by the CY 2023 as shown in Figure.

Value through Brands

1.80%3.34%

1.66%

5.27%

0.79%

0.16%

1.58% 1.41%

1.23%

0.81%

0.51%

14.67%

27.53%

39.22%

Canada

china

Russia

Japan

Indonesia

Pakistan

Korea

Vietnam

Turkey

Bangladesh

India

USA

European

others

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CHAPTER – 5

DataAnalysis,Results&

Interpretation

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5.1 Data Analysis & Results

INDIAN TEXTILE INDUSTRY: The Indian Textile Industry India ranked as the third largest

exporter, trailing European Union and China. In the global exports market of clothing, India

ranked as the fifth largest exporter, trailing Bangladesh, Hong kong, EU and China. India

accounts for 22% of the world’s installed capacity of spindleage and is one of the largest

exporters of yarn international market. It has second highest spindleage in the world after China,

highest loomage (including handlooms) in the world and contributes about 61% to the world

loomage.

Table : Growth of Textile Sector

Year Growth rate (%)

2006-07 10.1

2007-08 11.7

2008-09 7.5

2009-10 -5.7

2010-11 5.8

2011-12 -3.6

2012-13 7.3

2013-14 8.5

The Indian textile and apparel industry with a 5% global share of trade is at an inflection point,

driven by value addition and the domestic market present size, US$58 bn. India is the second –

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highest cotton producer with a 22% global share, driven by strong backward linkages in

agriculture. This sector contributes about 14 per cent to industrial production, 4 per cent to the

gross domestic product GDP, and 17 per cent to the country’s export earnings. It provides direct

employment to over 35 million people. The textile sector is the second largest provider of

employment after agriculture and it plays a very vital role in the Industrial output, employment

generation and the export earning of the country.

5.2 Interpretation of Result

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Global Home Textile Scenario

Market Size

Home textile market at US$45 bn

Bath towel and Bed linen constitute ~60%

Key Consumers

US , Europe and Japan are the largest consumers

Global demand split between US, Europe and Rest of the World

Key Producers

India , Pakistan and China are the largest producers

Account for 85% of cotton home textile trade to US

Global market share: China 35%; India 11%

India’s market share is higher in cotton home textiles

Gained foothold in LatAm, Central America and Ireland

Global Ecommerce – Tie-up with major portals in US, UK and India

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Structural Changes in favour of India

Largest producer and 2nd largest exporter of cotton

Exporter of yarn

Competitive costs

Robust ecosystem for textiles

Democracy with stable government

Better environmental and labor law compliance

Major importer of cotton and yarn

Yuan appreciation

Losing export Competitiveness

Wage inflation

Rising power costs

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Stricter environmental compliance

Focus on domestic consumption

Yarn capacity closures

Cotton Importer

Energy issues

Geopolitical issues

Compliance issues

5.3 Recommendations

Key Developments in FY 15

No.1 Home Textile exporter to the US for the third consecutive year

Increased vertical integration for yarn and fabric to ~70%

Launched a major campaign for ‘Spaces’ in India

Launched Brand ‘Spun” globally

Launched ‘Christy’ stores in China

Gained traction in hospitality business globally

Innovative products accounted for 31% of the revenue

Commissioned India’s ‘largest spinning facility under one roof’ at Anjar

Launched ‘Hygro’ branding campaign in the US

Gained foothold in LatAm, Central America and Ireland

Global Ecommerce – Tie-up with major portals in US, UK and India.

Global Client Recognitions in 2014-15

The Textile and clothing trade is expected to grow at a rate of 5% per annum over the next

decade and is expected to breach the US $ 1.3 trillion mark by the CY 2023 as shown in Figure

4.

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Value through Brands

INDIAN TEXTILE INDUSTRY:

The Indian Textile Industry India ranked as the third largest exporter, trailing European Union

and China. In the global exports market of clothing, India ranked as the fifth largest exporter,

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trailing Bangladesh, Hong kong, EU and China. India accounts for 22% of the world’s installed

capacity of spindleage and is one of the largest exporters of yarn international market. It has

second highest spindleage in the world after China, highest loomage (including handlooms) in

the world and contributes about 61% to the world loomage.

Table : Growth of Textile Sector

Year Growth rate (%)

2006-07 10.1

2007-08 11.7

2008-09 7.5

2009-10 -5.7

2010-11 5.8

2011-12 -3.6

2012-13 7.3

2013-14 8.5

The Indian textile and apparel industry with a 5% global share of trade is at an inflection point,

driven by value addition and the domestic market present size, US$58 bn. India is the second –

highest cotton producer with a 22% global share, driven by strong backward linkages in

agriculture. This sector contributes about 14 per cent to industrial production, 4 per cent to the

gross domestic product GDP, and 17 per cent to the country’s export earnings. It provides direct

employment to over 35 million people. The textile sector is the second largest provider of

employment after agriculture and it plays a very vital role in the Industrial output, employment

generation and the export earning of the country.

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Global Home Textile Scenario

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Market Size

Home textile market at US$45 bn

Bath towel and Bed linen constitute ~60%

Key Consumers

US , Europe and Japan are the largest consumers

Global demand split between US, Europe and Rest of the World

Key Producers

India , Pakistan and China are the largest producers

Account for 85% of cotton home textile trade to US

Global market share: China 35%; India 11%

India’s market share is higher in cotton home textiles

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Structural Changes in favour of India

Largest producer and 2nd largest exporter of cotton

Exporter of yarn

Competitive costs

Robust ecosystem for textiles

Democracy with stable government

Better environmental and labor law compliance

Major importer of cotton and yarn

Yuan appreciation

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Losing export Competitiveness

Wage inflation

Rising power costs

Stricter environmental compliance

Focus on domestic consumption

Yarn capacity closures

Cotton Importer

Energy issues

Geopolitical issues

Compliance issues

Key Developments in FY 15

No.1 Home Textile exporter to the US for the third consecutive year

Increased vertical integration for yarn and fabric to ~70%

Launched a major campaign for ‘Spaces’ in India

Launched Brand ‘Spun” globally

Launched ‘Christy’ stores in China

Gained traction in hospitality business globally

Innovative products accounted for 31% of the revenue

Commissioned India’s ‘largest spinning facility under one roof’ at Anjar

Launched ‘Hygro’ branding campaign in the US

Gained foothold in LatAm, Central America and Ireland

Global Ecommerce – Tie-up with major portals in US, UK and India

Global Client Recognitions in 2014-15

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Target Partner Award of Excellence for performance in 2014

Macy’s 5 Star Vendor Award for performance in 2014

Sheridan – Best Supplier Award for performance in 2014

ASDA Self Testing Certification, April 2015

Kohl’s Self Testing Certification

JCPenney –Innovation Award for year 2013

Texprocil : Highest Global Exports – Special Gold 2013-14

ECGC D&B - Best Trader Exporter, Indian Exporter Award’14

ASDA George Home

Best Product Quality award for Egyptian Nanospun Towel

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Green Manufacturing Excellence Award Green Believers Award 2014 by Frost &

Sullivan

Macy’s Global Citizen Award for CSR for 2014.

Golden Peacock : Environment Management Award 2014

World CSR Congress - Global CSR Excellence & Leadership

Best Corporate Social Responsibility Practices 2013

Leadership: Focus and Excellence

A differentiated End-to-end Solutions Provider in Home Textiles

Widest product range in the Home Textiles segment

Bath Bedding Flooring

Towels Sheets Carpets

Bath robes TOB Rugs

Basic and Fashion Bedding

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Uniquely positioned for cross-selling due to Customer reach, Competitive manufacturing

and Global delivery model empowering higher wallet share

Strong track record of customer satisfaction and repeat business from them; 80% revenue

from replenishment

Wide product range in Home textiles

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Welspun Project on Financial overview

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Key financial highlights of FY15

Achieved highest annual sales and profitability in the Company’s history. Crossed Rs. 50 bn milestone for revenue and Rs. 5 bnmilestone for PAT Operating EBITDA margin at 24.0%; PAT margin at 10.2%

Long Term Credit Rating improved two notches to AA- by FITCH Positive free cash flows after meeting capex requirements

Tighter working capital control reduces cash conversion cycle to 59 days from 67 days.

Income Statement – Strong improvement

Consistent improvement in financial performance

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5.4 BRANDS OF WELSPUN INDIA LTD.

BRANDS OF WELSPUN INDIA LTD.

Mass premium brand with presence in India and Middle East

Footprint of over 200 shop-in-shop outlets and distribution

Mass brand presence via mass retailers; also growing via distributor network

Largest terry towel brand in the UK with growing presence in China and the Middle East

Present in over 40 retailers within UK

Also present in USA and seeing aggressive growth in e-commerce

Mass brand in the UK with a focus on bedding

Growing aggressively in affordable fashion

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Suppliers of the Wimbledon towels

A souvenir that even the star tennis players covet

License holder of the Rugby World Cup 2015 towels

Licensed the Amy Butler range of home products for the US business with a special

focus on e-commerce

Launched own brand of luxury linen in the US via e-commerce partners

Licensed the Annie Phillip brand for floor coverings in US, UK and India

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Branding our Innovation

Launching nation-wide campaign in the US to introduce patented Hygrocotton technology to

consumers.

First ever such campaign in textiles in the past 15 years

Value through Brands

Strong growth expected in the branded category, especially in India

Expansion of Christy into geographies such as USA, China and Middle East

Increased penetration of Spaces and Welhome through shop-in-shop and e-commerce

Very low capex and risk

India – Growth of branded products at ~40% CAGR over a period of 2 years

Global – Growth of branded products currently at ~11% of consolidated sales

Latest Innovation Analysis in Textile Industry Like this type of Project and site…

Kickstarters.com

Indiegogo.com

Angellist.com

Onevest.com

Fundable.com

Crowcube.com

Circleup.com

Crowdfunder.com

Page 81: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

5.5 SUGGESTIONS AND FINDINGS

Company needs to revise the pay scale of the employees.

Timely and adequate increments should be there for the employees.

Organization should provide better Housing, Retirement benefits, Educational

Assistance, Leave, Health, transportation facilities.

Employee motivation should be encouraged.

Interpersonal relations should be more developed. Superior subordinate relations

should be fine and hierarchy should be shortened

Time to time profile changes for the employees

There should be job rotation for the employees in all dept , so the employees can

know all other activities

Increase staff level salary taking into consideration current inflation.

5.5 CONCLUSION

Wels pun is Asia 's largest and amongst the top 2 Terry Towel producers in the World.

I am happy to witness the participation of key international players like Wels pun who have

contributed handsomely to bring Anjar back to its full glory.

A promise that extends well beyond economic and commercial growth and includes social

development too.

This is the technology with incorporated and applicable in Pillow and bed sheet.

We maintain our leadership position through our quality and innovation, which is reflected in our

No: 1 Ranking in the US for the third year in a row. One of our key focus areas was branding our

products and innovations.

We launched a major campaign for “ Spaces” in India and for “Hygro in US.

We also Launched “ Christy” stores in China.

We also launched “spun” brand globally on the CSR front

Innovation in Home textile Industry New Latest Technology Like Alarm with spray smail.

Textile Innovation Analysis of new kind of Electronic with battery in incorporated in Pillow and

bed sheet.

Page 82: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

Welspun has evolved a customer-centric FMCG approach to the textile industry.

Taking up activities right from consumer research and product development to promoting and

communicating the products to the end consumer.

The core of this model is the end customer who is the final consumer of its

products.

This approach has helped the company develop new products.

Which fulfill the gaps in the customer offering.

This has helped the company gain strategic vendor ststus with its customers i.e the retailers.

Fast Quick response time (speed market), Affordable Best cost structures for different price

levels, Sustainability caring for the environment and the community, Tech-oriented Technology

leveraged across products, Processes and Supply chain.

India Largest textile Manufacturing company in towel, and bed sheet.

India’s Biggest Towel Plan in Anjar, Gujarat of Welspun India Limited.

Welspun Syntax Limited in textile Industry.

Weaving Towels in 1993 the terry towel facility was set up at vapi, Gujarat Legend has it that no

one could be believe such superior quality towels could be made outside of Turkey.

Welspun created Hygrocotton a breakthrough innovation that uses hollow core cotton to make

fabric ultra-soft and ultra absorbent. The fabric plumps up with every and can regulate body

temperature when in contact with skin . This amazing yarn is used to make towels, sheets.

Welspun’s products are packed in innovative patent-pending packaging that reduces space

requirements by 33% during shipment vis-à-vis traditional packaging.

Page 83: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

In the project of textile we innovate the Analysis of Industry and most Relevant products are

suitable to select them and apply in textile Industry with different kind of technology.

5.6 Limitations of the Study

Time

Authenticity of feedback

Attitude and behaviour

Limited knowledge

Innovation

Observation and Analysis

5.7 Scope for Future Work

Welspun India envisions to become a fully integrated home textile company (Bed and Bath)

from cotton farming to retailing by the year 2010 with the largest market capital in India and to

be among the top three Home textile companies in the world.

As a US$ 3 billion company, Welspun Group is one of India’s fastest growing conglomerates,

registered at a CAGR of 30% over the last decade. Welspun is a fully integrated player within

the Pipes, Plates & Coils and Home Textiles sector, while it also has a presence in the other

business verticals such as Steel, Infrastructure and Energy. As a globally recognised leader in the

fields of Line Pipes and Home Textiles, Welspun Group has captured a strong foothold in more

than 50 Countries, it employs over 24,000 people and has as many as 100,000+ shareholders.

Through a vast global footprint, the company has leveraged many business association with a

marquee of esteemed clients, especially within the Oil & Gas and Retail sectors where most

companies are listed in the Fortune 100. Among the group’s subsidiaries are Welspun USA,

Welspun Tubular LLC, Welspun Middle East and Welspun UK.

Page 84: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

In the Line Pipe sector, Welspun has to its credit some of the most prestigious projects includ ing

the world’s deepest pipeline project in the Gulf of Mexico, U.S.A; heaviest pipeline project in

the Persian Gulf; highest LNG pipeline project in Peru and longest pipeline project from Canada

to the US.

While in the Home Textiles sector, Welspun is the largest integrated towel manufacturer in Asia,

a leading supplier to 14 of the top 30 US retailers, and a global supplier offering the entire range

of products within the segment.

Welspun’s manufacturing base sits in its core facilities at Anjar, Gujarat, while other units are

diversified in different parts of India with one plant each in USA and Saudi Arabia.

Behind this rapid rise to prominence is a story of vision, foresight, planning and excellence. It is

this willingness to face challenges that has made Welspun a recognized name as the one who

pushes boundaries only to emerge victorious as a innovative solution provider that dares to

commit.

Welspun is proactively involved in a highly developed CSR programme which focus on the three

‘E's - Education, Empowerment & Health and Environment. With an aim to give back to the

society, the company has driven an entire campaign to empower the underprivileged and

establishing a sustainable business model that takes care of the environment. The social activities

aren’t just limited to high profile projects, in fact every Welspunite is encouraged to contribute to

the community in any small way they can.

Like Latest Textile Innovation of Project made by me : -

Project Name Short Description Remarks Source

Hand made Moroccan

Berber Pillow Clutch

I designed a cute clutch

that can also be used

as a beautiful ethnic

decorative pillow. Two

in one. colorful

It can be incorporate in

Pillow and bed sheet.

Kickstarter.com

Page 85: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

clothing and fabrics

and I wanted to share

these beautiful

handmade woven wool

fabrics with the rest of

the world… so I

designed the Amazing

pillow Clutch.

Functional Golf wear

That Transforms

Clothing Into

Equipment

Reinventing Golfwear:

Wiping layers in pants

& shirts that solve

water & dirt.

incorporate intuitive

wiping layers into our

golf pants and shirts.

These are special

towel-like fabrics for

cleaning a golfer’s

hands, clubs & golf

balls. Our clothing

provides an on-the-

spot & efficient

solution a towel.

It can be incorporated

pillow and bed sheet.

Kickstarter.com

UNRIVALLED LEGACY -

Superior. Luxurious.

Fitness Wear

Support us in growing

our business. Superior

gym & fitness apparel

that inspires workouts.

Designed in the UK. to

focus on bringing out a

new tracksuit design,

and designing more.

I

t can be incorporated

in Pillow and bed sheet

with different kind of

product.

Kickstarter.com

Weyhill & Wharf: The The Preparatory

Page 86: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

Preparatory Oxford

Oxford combines two

classic American

wardrobe staples; silk

repp necktie designs

and classic oxford cloth

button downs.

It can be incorporated

in Pillow and bed

sheet.

With new products.

Kickstarter.com

Project Name Short Description Remarks Source

Sleep Yoga™ Posture

Pillows - Improve

posture and help sleep

Improve posture and

help sleep. Original

designs of uniquely

shaped pillows by a

chiropractor & a sleep

industry designer.

Better than any other

pillows you've seen.

It can be incorporated

in Pillow and bed

sheet.

Kickstarter.com

One Size Fits All Bed

Sheets

Image not having to

worry about having

twin, full, queen, king

sheets for all the

different beds in your

house and hotels.

It can be incorporated

in Pillow and bed sheet

Kickstarter.com

XP Kenshin Gamer

Apparel

XP Kenshin produces a

range of gaming

inspired apparel that

captures the essence of

gaming. Help us launch

It can be incorporated

in Pillow and bed sheet

With new technology

product.

Kickstarter.com

Page 87: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

the first line Film, TV,

Music, Sport,

Customized t-shirt is a

way of . expressing

ourselves.

MINTIQE. FRESH

DESIGNS. CUSTOM

MADE. Design your

own

The perfect solution to

finding exactly what

you are looking for to

decorate your home.

Changing the soft

furnishings in your

living space is the

easiest and most cost

effective way to

instantly create a fresh

new look in your

home…

It can be incorporated

in Pillow and bed sheet

With changing Design.

Kickstarter.com

Linya Threads: Dyeing

Fabrics Naturally

A craftswoman dyeing

organic fibers with

plant based dyes and

making quality hand-

sewn items from them.

Help expand the

collection!

It can be incorporated

in Pillow and bed sheet

With changing Design

Kickstarter.com

Project Name Short Description Remarks Source

Homtime C1pro: Your

all-in-one bedside

gadget

Homtime’s C1pro is

your bedside

companion. Use it as a

It can be incorporated

iin pillow/ bedsheet

Kickstarter.com

Page 88: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

charger or Bluetooth

speaker or set it to

wake you with your

favorite musicTurn the

rotary dial to set the

time and alarm. It's

that easy! it is to

repeatedly press and

hold a button for a long

time to set the time or

an alarm

The Sleep Sensei

A sleep coaching device

that uses a calming

pattern of light to

guide you to fall asleep

faster by training your

breathing. It's for

people who have

trouble falling asleep,

due to insomnia or an

active mind at

bedtime.

It can be applicable in

pillow/ bedsheet with a

better sleep

And faster easy to

sleep.

Kickstarter.com

LUNA - Luxury Sleep

Mask with NAP & Lucid

Dream Features

LUNA is a luxury smart

sleep mask with

programmable Sunrise

Wake-Up light alarm,

NAP sleep, Lucid Dream

Inducer features &

OLED display LUNA

mask not only helps

Its is incorporated in

pillow and bed sheet in

bed time to easy to

sleep.

Kickstarter.com

Page 89: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

you to get a good sleep

during the night by

blocking out all sources

of light which may

disturb you during your

sleep.

StoryHome: The

Connected Storytelling

Device

A connected audio

recorder that help you

capture and save your

family storiesJust like

their favorite stories,

the kids we tested it

with wanted to hear

the stories again and

again. We make telling

and recording your

stories just a matter of

pushing a button

It can be incorporated

in pillow and bed

sheet.

Kickstarter.com

Shock Alarm

ShockAlarm is a

floating, continuously

monitoring device that

detects and alerts you

to the presence of

electricity in fresh

water

It is applicable in Pillow

and bedsheet to woak

up fasterly.

Kickstarter.com

A sleep coaching device

Page 90: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

The Sleep Sensei

that uses a light to

guide you to fall asleep

faster by training your

breathing. The Sleep

Sensei is help people

fall asleep faster using

calming breathing

training. It's for people

who have trouble

falling asleep

It can be incorporated

in Pillow and bed

sheet.

Kickstarter.com

The ultimate sleep

sanctuary: Kokoon EEG

headphones

Sleep better with the

world's first sleep

sensing EEG

headphones. Perfect

peace and comfort

with audio that

responds to your sleep.

Can be incorporated in

pillow.

Kick starter.com

Sleep Yoga Posture

Pillows

Improve posture and

help sleep. Original

designs of uniquely

shaped pillows by a

chiropractor & a sleep

industry designer.

Better than any other

pillows

It can be incorporated

in pillow and bed sheet

for improving posture

and help sleep.

Kick starter.com

Page 91: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

MYLE TAP: Wearable

Thought Catcher

Voice powered

wearable to

automatically convert

your thoughts into

actions via mobile

applications.

It canbe applicable in

Pillow and bed sheet.

Indiegogo.com

Project Name Short Description Remarks Source

Airing : the first

hoseless , maskless

micro-CPAP

A breakthrough for

sleep apnea treatment:

an innovative

technology that people

will actually use. We

invented a micro-CPAP

device that has no

hoses, no cords, and no

mask.

It can be incorporated

in Pillow and bed sheet

with new technology.

Indiegogo.com

NEXT to ME: 10 sensors

on-the-GO

lifesaving sensors in

the world's first &

smallest wearable for

Health-Conscious Living

alerts you to hazards

from pollution levels

and UV exposure;

measures your body

temperature and tells

you the current Heat

it can be incorporated

in Pillow and bed

sheet.

Indiegogo.com

Page 92: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

Index temperature of

your location; records

altitude and monitors

air pressure; it even

informs you of your

blood alcohol level.

Instamic - The Smart,

Small, GoPro of

Microphones

The smartest, smallest,

and most affordable

microphone and audio

recorder that's easy to

operate.

It can be incorporated

in Pillow and bed sheet

with new technology.

Indiegogo.com

Somnus: Reinvent Your

Sleep

Somnus system

reinvents your sleep -

fall asleep easily, sleep

well and wake up

energized!

it can be incorporated

in Pillow and bed sheet

with better sleep.

Indiegogo.com

Rest On: More Than A

Sleep Monitor

Sleepace

A Non-wearable Smart

Device That Truly

Understands And

improves your sleep.

Measure sleep time,

heart rate, Respiratoty

Rate, body movement

and sleep cycle.

It can be incorporated

in Pilloew and bed

sheet. With improve

sleep.

Indiegogo.com

Project Name Short Description Remarks Source

Beddit - Automatic

sleep and wellness

tracker. Turn your bed

into a smart bed.

The Beddit sensor

tracks your sleep

quality, heart rate, and

breathing under the

It can be incorporated

in Pillow and bed sheet

With fadter improving

sleep.

Indiegogo.com

Page 93: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

sheet while you sleep.

The app coaches you to

improve sleep and

performance.

Project Name Short Description Remarks Source

The Yoga Tailor App The Yogatailor app

allows users to

specify a goals such

as "I want to sleep

better, reduce stress,

or increase flexibility.

It can be

incorporated in Pillow

and bed sheet. With

new Products.

Angellist.com

Mad Rabbit Studio So that you can sleep

more, produce

cheaper and quicker

for your clients and

feel we’ve got you

covered.

It can be

incorporated in Pillow

and bed sheet. With

new Products.

Angellist.com

Sensory Health

Systems

Cardio-respiratory

conditions he

platform allows the

medical team to

personalize the risk

alerts, thresholds and

care based on the

digital health record

the patient created

for better sleep .

It can be

incorporated in Pillow

and bed sheet. With

new Products.

Angellist.com

Dreamboard Dreamboard a fun

part of peoples daily

It can be

incorporated in Pillow

Angellist.com

Page 94: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

lives as well as

developing the

Scientific links and

understanding

between Sleep,

and bed sheet. With

new Products.

Awarables

Nike for Sleep Fitness

Awarables is

developing a Sleep

Analytic System

which combines

physiologic signals

captured by state of

the art wearable

microsensors.

It can be

incorporated in Pillow

and bed sheet. With

new Products.

Angellist.com

Project Name Short Description Remarks Source

The Sofa Company -

Los Angeles

"You design it, we

build it!"

leading custom

upholstery

manufacturers

specializing in sofas,

sectionals, chairs,

sofa-beds, sleeps.

It can be

Incorporated in

Pillow and bed sheet

with new Products.

Angellist.com

Stepping Stories Stepping Stories has

team of childhood

development experts

who help create and

curate content. The

library includes books

on Screen Time,

Bullying, Sleep.

It can be

Incorporated in

Pillow and bed sheet

with new Products.

Angellist.com

Page 95: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

Spindle Mattress started one simple

idea: everyone

deserves a great

night’s sleep at a fair

price. We provide our

exceptional

mattresses.

It can be

Incorporated in

Pillow and bed sheet

with new Products.

Angellist.com

Linnet

Supplements for better

sleep.

The first supplements

in the world that

specifically remove

caffeine from the

body. Use RUTA to

sleep, de-stress or

relax after a day full

of caffeine

consumption.

It can be

Incorporated in

Pillow and bed sheet

with new Products.

Angellist.com

Genius Over Night

Record. Convert.

Practice. Sleep. Inspire.

It is an app that is

able to take a picture

of a document,

record a

conversation or

replay a meeting so

that you can listen to

it later on with better

sleeps.

It can be

Incorporated in

Pillow and bed sheet

with new Products.

Angellist.com

Page 96: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

Somnus: Reinvent Your

Sleep

Somnus system

reinvents your sleep -

fall asleep easily, sleep

well and wake up

energized!

it can be

incorporated in

Pillow and bed sheet

with better sleep.

Indiegogo.com

The ultimate sleep

sanctuary: Kokoon EEG

headphones

Sleep better with the

world's first sleep

sensing EEG

headphones. Perfect

peace and comfort

with audio that

responds to your sleep.

Can be incorporated in

pillow.

Kick starter.com

Sleep Yoga Posture

Pillows

Improve posture and

help sleep. Original

designs of uniquely

shaped pillows by a

chiropractor & a sleep

industry designer.

Better than any other

pillows

It can be incorporated

in pillow and bed sheet

for improving posture

and help sleep.

Kick starter.com

MYLE TAP: Wearable

Thought Catcher

Voice powered

wearable to

automatically convert

your thoughts into

actions via mobile

applications.

It canbe applicable in

Pillow and bed sheet.

Indiegogo.com

Page 97: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

Project Name Short Description Remarks Source

Airing : the first

hoseless , maskless

micro-CPAP

A breakthrough for

sleep apnea treatment:

an innovative

technology that people

will actually use. We

invented a micro-CPAP

device that has no

hoses, no cords, and no

mask.

It can be incorporated

in Pillow and bed sheet

with new technology.

Indiegogo.com

NEXT to ME: 10 sensors

on-the-GO

lifesaving sensors in

the world's first &

smallest wearable for

Health-Conscious Living

alerts you to hazards

from pollution levels

and UV exposure;

measures your body

temperature and tells

you the current Heat

Index temperature of

your location; records

altitude and monitors

air pressure; it even

informs you of your

blood alcohol level.

it can be incorporated

in Pillow and bed

sheet.

Indiegogo.com

Instamic - The Smart,

Small, GoPro of

Microphones

The smartest, smallest,

and most affordable

microphone and audio

It can be incorporated

in Pillow and bed sheet

Indiegogo.com

Page 98: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

recorder that's easy to

operate.

with new technology.

Somnus: Reinvent Your

Sleep

Somnus system

reinvents your sleep -

fall asleep easily, sleep

well and wake up

energized!

it can be incorporated

in Pillow and bed sheet

with better sleep.

Indiegogo.com

Rest On: More Than A

Sleep Monitor

Sleepace

A Non-wearable Smart

Device That Truly

Understands And

improves your sleep.

Measure sleep time,

heart rate, Respiratoty

Rate, body movement

and sleep cycle.

It can be incorporated

in Pilloew and bed

sheet. With improve

sleep.

Indiegogo.com

Project Name Short Description Remarks Source

Beddit - Automatic

sleep and wellness

tracker. Turn your bed

into a smart bed.

The Beddit sensor

tracks your sleep

quality, heart rate, and

breathing under the

sheet while you sleep.

The app coaches you to

improve sleep and

performance.

It can be incorporated

in Pillow and bed sheet

With fadter improving

sleep.

Indiegogo.com

Project Name Short Description Remarks Source

The Yoga Tailor App The Yogatailor app

allows users to

specify a goals such

as "I want to sleep

It can be

incorporated in Pillow

and bed sheet. With

new Products.

Angellist.com

Page 99: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

better, reduce stress,

or increase flexibility.

Mad Rabbit Studio So that you can sleep

more, produce

cheaper and quicker

for your clients and

feel we’ve got you

covered.

It can be

incorporated in Pillow

and bed sheet. With

new Products.

Angellist.com

Sensory Health

Systems

Cardio-respiratory

conditions he

platform allows the

medical team to

personalize the risk

alerts, thresholds and

care based on the

digital health record

the patient created

for better sleep .

It can be

incorporated in Pillow

and bed sheet. With

new Products.

Angellist.com

Dreamboard Dreamboard a fun

part of peoples daily

lives as well as

developing the

Scientific links and

understanding

between Sleep,

It can be

incorporated in Pillow

and bed sheet. With

new Products.

Angellist.com

Awarables

Nike for Sleep Fitness

Awarables is

developing a Sleep

Analytic System

which combines

It can be

incorporated in Pillow

and bed sheet. With

new Products.

Angellist.com

Page 100: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

physiologic signals

captured by state of

the art wearable

microsensors.

Project Name Short Description Remarks Source

The Sofa Company -

Los Angeles

"You design it, we

build it!"

leading custom

upholstery

manufacturers

specializing in sofas,

sectionals, chairs,

sofa-beds, sleeps.

It can be

Incorporated in

Pillow and bed sheet

with new Products.

Angellist.com

Stepping Stories Stepping Stories has

team of childhood

development experts

who help create and

curate content. The

library includes books

on Screen Time,

Bullying, Sleep.

It can be

Incorporated in

Pillow and bed sheet

with new Products.

Angellist.com

Spindle Mattress started one simple

idea: everyone

deserves a great

night’s sleep at a fair

price. We provide our

exceptional

mattresses.

It can be

Incorporated in

Pillow and bed sheet

with new Products.

Angellist.com

Linnet

Supplements for better

The first supplements

in the world that

It can be

Incorporated in

Angellist.com

Page 101: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

sleep.

specifically remove

caffeine from the

body. Use RUTA to

sleep, de-stress or

relax after a day full

of caffeine

consumption.

Pillow and bed sheet

with new Products.

Genius Over Night

Record. Convert.

Practice. Sleep. Inspire.

It is an app that is

able to take a picture

of a document,

record a

conversation or

replay a meeting so

that you can listen to

it later on with better

sleeps.

It can be

Incorporated in

Pillow and bed sheet

with new Products.

Angellist.com

Somnus: Reinvent Your

Sleep

Somnus system

reinvents your sleep -

fall asleep easily, sleep

well and wake up

energized!

it can be

incorporated in

Pillow and bed sheet

with better sleep.

Indiegogo.com

MYLE TAP: Wearable

Thought Catcher

Voice powered

wearable to

automatically convert

your thoughts into

actions via mobile

applications.

It canbe applicable in

Pillow and bed sheet.

Indiegogo.com

Page 102: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

Project Name Short Description Remarks Source

Airing : the first

hoseless , maskless

micro-CPAP

A breakthrough for

sleep apnea treatment:

an innovative

technology that people

will actually use. We

invented a micro-CPAP

device that has no

hoses, no cords, and no

mask.

It can be incorporated

in Pillow and bed sheet

with new technology.

Indiegogo.com

NEXT to ME: 10 sensors

on-the-GO

lifesaving sensors in

the world's first &

smallest wearable for

Health-Conscious Living

alerts you to hazards

from pollution levels

and UV exposure;

measures your body

temperature and tells

you the current Heat

Index temperature of

your location; records

altitude and monitors

air pressure; it even

informs you of your

blood alcohol level.

it can be incorporated

in Pillow and bed

sheet.

Indiegogo.com

Instamic - The Smart,

Small, GoPro of

The smartest, smallest,

and most affordable

It can be incorporated

Indiegogo.com

Page 103: Saurabh internship report Welspun India Ltd, Mumbai TEXTILE

Microphones

microphone and audio

recorder that's easy to

operate.

in Pillow and bed sheet

with new technology.

Somnus: Reinvent Your

Sleep

Somnus system

reinvents your sleep -

fall asleep easily, sleep

well and wake up

energized!

it can be incorporated

in Pillow and bed sheet

with better sleep.

Indiegogo.com

Rest On: More Than A

Sleep Monitor

Sleepace

A Non-wearable Smart

Device That Truly

Understands And

improves your sleep.

Measure sleep time,

heart rate, Respiratoty

Rate, body movement

and sleep cycle.

It can be incorporated

in Pilloew and bed

sheet. With improve

sleep.

Indiegogo.com

.

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Suggestion

The Textile Sector in India ranks next to Agriculture. Textile is one of India’s oldest industries

and has a formidable presence in the national economy in as much as it contributes to about 14

per cent of manufacturing value-addition, accounts for around one-third of our gross export

earnings and provides gainful employment to millions of people. The textile industry occupies a

unique place in our country. One of the earliest to come into existence in India, it accounts for

14% of the total Industrial production, contributes to nearly 30% of the total exports and is the

second largest employment generator after agriculture.

Textile Industry is providing one of the most basic needs of people and the holds importance;

maintaining sustained growth for improving quality of life. It has a unique position as a self-

reliant industry, from the production of raw materials to the delivery of finished products, with

substantial value-addition at each stage of processing; it is a major contribution to the country's

economy. This paper deals with structure, growth and size of the Indian textile industry, role of

textile industry in economy, key advantages of the industry, textile industry export and global

scenario and strength, weakness, opportunities and treats of the Indian textile industry.

Welspun Syntex Ltd is Indian company engaged in texturising, draw twisting and twisting of

polyester yarns based in Mumbai, Maharashtra.It also first textile company in India to adopt new

standards in carbon foot printing It is a part company of the $3-billion (Rs 12,900

crore) Welspun Group and promoted by G R Goenka, B K Goenka, S K Goenka and R R

Mandawewala. The first manufacturing plant was established in Silvassa then further added

another plant in Palghar (Thane district)

It was incorporated in 1982 with plant in Silvassa which was the first texturising unit in 1988 at

a capital outlay of Rs. 1.58 cr. In 1994, company expanded its base by merging with Welspun

Polydyed Ltd.

Welspun Syntex Limited Textile was established in 1983 and is the flagship company under the

Welspun umbrella. Since its inception WSL. has grown manifold and today is amongst the

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largest manufacturers and exporters of Polyester Texturised Filament Yarn, Nylon Filament Yarn

from India.

With plants located at Silvassa and Palghar (Thane), India WSL. is well equipped to meet the

domestic as well as international demand.

It has marketing offices located at Surat and Mumbai in India that facilitate big business

ventures.

Perfection is what we stand for, and our financial results vouch for our achievements. Welspun

is a leading conglomerate in every sphere of its operations, be it Yarns, SAW pipes or Terry

towels.

Each of our endeavor is committed, keeping one thing in mind - what you wear is unequivocal

identifier of what you are. So, the next time when you make a fashion statement, consider the

fact that your attire may have come from India's most popular business house - WELSPUN

with customers in more than forty countries. If this is not enough, we furnish the stylists with

200 new colours every month.

Spinning dreams into reality vis-à-vis yarns. Welspun is relocating the fashion capital of the

world. No wonder Welspun Syntax Ltd., is one of the largest exporters of Polyster Texturised

Filament Yarn from India. Additionally, the company is the leading manufacturer of specialty

polyester filament yarn from India.

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6. References or Bibliography

www.welspun.com

International monetary fund report, April 2015

Technopak

Welspun India Annual Report

WTO 2013 Statistics, Technopak 2012

WTO 2014 Statistical

Central Statistics Organisation

Textile Ministry, FICCL Calculation

WTO AND FICCI Estimation

Company and Welspun syntex Report, July 2014-2015

OFFICE OF Textile and Apparel(OTEXA)

Welspuntowels.com

Bseindia.com

The hindu business line welspun acquires 76% stake in portuguese co.

"Welspun lines up spread, technology upgradation".Business Standard. Retrieved 3

January 2014.

"CARE reaffirms rating of Welspun India Ltd". Moneycontrol.com.


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