Welspun Syntex

Welspun Syntex Ltd
Public (BSE: 508933)
Industry Textile processing
Founded 1982[1]
Headquarters Mumbai, Maharashtra, India
Key people
 B K Goenka, MD[2] B A Kale, Director & CEO[3]
Parent Welspun Group
Website Official Website

Welspun Syntex Ltd is Indian company engaged in texturising, draw twisting and twisting of polyester yarns based in Mumbai, Maharashtra.[4] It also first textile company in India to adopt new standards in carbon foot printing.[5] It is a part company of the $3-billion (Rs 12,900 crore) Welspun Group[6] 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)[7]

History

It was incorporated in 1982[1] 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.[8]

References

  1. 1 2 "Welspun". Welspunsyntex.com. Retrieved 2011-01-04.
  2. ↑ "Welspun: Spinning A New Web". Financial Express. 2002-11-16. Retrieved 2011-01-04.
  3. ↑ "BSE Plus". Bseindia.com. Retrieved 2011-01-04.
  4. ↑ "Welspun". Welspunsyntex.com. Retrieved 2011-01-04.
  5. ↑ "Welspun Syntex gets greenhouse certification". The Hindu Business Line. Retrieved 2011-01-04.
  6. ↑ "On the wings of steel : Features : Business Today". Businesstoday.intoday.in. 2008-06-09. Retrieved 2011-01-04.
  7. ↑ "Welspun Syntex Ltd Background details about Company Profile". Indiainfoline.com. Retrieved 2011-01-04.
  8. ↑ "WELSPSY History | Welspun Syntex Ltd Company History & Profile". Economictimes.indiatimes.com. 1948-03-15. Retrieved 2011-01-04.
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