Welspun Group’s fully integrated and independent vertical Welspun Flooring has launched a manufacturing facility in Hyderabad, Telangana, on 25 July 2020 with a potential capacity of 40 million sq mtr per annum.
The facility has been set up with an investment of Rs 1,100 crore, and is spread across 200 acre, employing close to 1,600 members.
The plant is equipped to manufacture a wide variety of innovative products ranging from carpet tiles, greens (artificial grass) and broadloom carpets (wall-to-wall carpet) to the patented product – the Click-N-Lock tiles.
Launched with an initial capacity of 10 million sq mtr, post-completion of all phases, the facility will have a production capacity of 40 million sq mtr annually. Of the total 40 million sq mtr capacity, 25 million sq mtr will be for hard flooring products while the rest will be for soft flooring products.
Adjacent to this facility, Welspun Group is also establishing a manufacturing plant for its emerging business – advanced textiles at an investment of Rs 400 crore over a span of two financial years.
The flooring business is meant to complement the group’s existing businesses such as home textiles.
The plant launch is in line with Welspun Flooring’s aim to disrupt and tranform the new homes and renovation segments of the Rs 35,000 crore Indian tiles market.
Along with the introduction of stone polymer composite tiles, the company offers holistic flooring solutions for architects, designers, retailers and customers, and aims to manufacture products for every industry – residential, hospitality and commercial.
While India is a focus market, Welspun Flooring will also export to Europe, US, Australia and the Southeast Asian countries