Welspun Group’s fully integrated and independent vertical Welspun Flooring Ltd has launched a manufacturing facility in Hyderabad, Telangana with a potential capacity of 40 million square metres per annum. The flooring business is meant to complement the group’s existing businesses such as home textiles.
Involving a total investment of Rs 1100 crore, the facility is spread across 200 acres, employing close to 1600 members. The company has spent Rs 880 crore on the project so far. The plant is equipped to manufacture 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 square metres, post completion of all phases, the facility will have a production capacity of 40 million square metres annually. Of the total 40 million square metres capacity, 25 million square metres will be for hard flooring products while rest will be for soft flooring products. Welspun Flooring is the only company to manufacture both hard and soft flooring under one roof.
The company has so far appointed Pan India 50 distributors and 500 dealers and the company aims to become leading one-stop Flooring solution provider in domestic and global markets.
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.
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.