Welspun Syntex Ltd

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

Welspun Syntex Ltd (BSE: 508933) 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] Its 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]

Reference

  1. ^ a b "Welspun". Welspunsyntex.com. http://www.welspunsyntex.com/index.htm. Retrieved 2011-01-04. 
  2. ^ "Welspun: Spinning A New Web". Financial Express. 2002-11-16. http://www.financialexpress.com/printer/news/64439/. Retrieved 2011-01-04. 
  3. ^ "BSE Plus". Bseindia.com. http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=508933. Retrieved 2011-01-04. 
  4. ^ "Welspun". Welspunsyntex.com. http://www.welspunsyntex.com/contact.htm. Retrieved 2011-01-04. 
  5. ^ "Welspun Syntex gets greenhouse certification". The Hindu Business Line. http://www.thehindubusinessline.com/2010/12/29/stories/2010122951761700.htm. Retrieved 2011-01-04. 
  6. ^ "On the wings of steel : Features : Business Today". Businesstoday.intoday.in. 2008-06-09. http://businesstoday.intoday.in/bt/story/2332/1/on-the-wings-of-steel.html. Retrieved 2011-01-04. 
  7. ^ "Welspun Syntex Ltd Background details about Company Profile". Indiainfoline.com. http://www.indiainfoline.com/Markets/Company/Background/Company-Profile/Welspun-Syntex-Ltd/508933/. Retrieved 2011-01-04. 
  8. ^ "WELSPSY History | Welspun Syntex Ltd Company History & Profile". Economictimes.indiatimes.com. 1948-03-15. http://economictimes.indiatimes.com/welspun-syntex-ltd/infocompanyhistory/companyid-11314.cms. Retrieved 2011-01-04. 

External links

 
Companies
Welspun Group · Welspun Retail Ltd · Welspun India Ltd · Welspun Corp Ltd · Welspun Steel Ltd · Welspun Maxsteel Ltd · Welspun Infratech Ltd · Welspun Energy Ltd · Welspun Investments Ltd · Welspun Global Brands Ltd · Welspun Syntex Ltd
Notable non-Indian Companies
Welspun UK Ltd · Welspun Mexico SA DE CV · Welspun Zucchi Textiles Ltd · Welspun Sorema Europe · Welspun USA Inc · Welspun Tubular LLC
Notable People