At meeting held on 27 January 2021
The Board of Welspun India at its meeting held on 27 January 2021 has revised Advanced Materials Project by deferring Project for Wet-wipes and Bleach-cotton product lines at Kutch District, Gujarat and Rangareddy District, Telangana. Accordingly, cost of project to be set up as per revised approval is Rs. 299.60 crore.The Board may take up project for remaining product lines for discussion at appropriate time.
The proposed capacity of Spunlace is around 17,729 MTPA and for Disinfectants 33.50 million packets per annum. These projects will cater to demand in domestic as well as international markets, not limited specific countries. The commercial production for remaining product lines viz. Spunlace, Disinfectants, will be targeted to be up by September, 2021.
Current situation of Pandemic outbreak has prompted this change and projects for remaining product lines may be taken up for discussion by the Board at appropriate time.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app