Welspun India Ltd
Welspun India Ltd
Welspun India Ltd
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<strong>Welspun</strong> Group | Textiles4WIL – Strong positive OutlookIndustry factors• <strong>India</strong>’s Location advantage• Surplus cotton• Cheap labour andfavourable demographics• High-growth domesticmarket• De-risking from China,Pakistan & Bangladesh• Proposed FTA with Europe• Favourable governmentpoliciesWIL specific factors• Unification of WIL and WGBL todeliver synergy benefits includinglower cost and better control• Completed exit from loss makingsubsidiaries; Continuing businesshas always been robust• Increasing contribution frominnovation: now at ~30% of sales• Increasing backward integration:now at ~35%; expected to rise to70-75% in a yearStrongsustainablegrowth andprofitability