Welspun Living champions Global Innovation at Bharat Tex 2024 with ‘Make in India, for the World’ Focus – The Textile Magazine

Welspun Living champions Global Innovation at Bharat Tex 2024 with 'Make in India, for the World' Focus - The Textile Magazine

Welspun Living Ltd. (WLL), a global leading name in the textile industry, announced its participation in Bharat Tex 2024, a national textile exhibition in New Delhi, from February 26 to 29, 2024. Bharat Tex 2024 stands as a testament to India’s prowess in the global textile arena, and Welspun Living Ltd. is proud to be part of this grand initiative. Founded in 1985 by Balkrishna Goenka, Welspun began as Welspun Winilon Silk Mills in Palghar, Maharashtra, and has since evolved into a global leader in home textiles over 35 years. The journey from a local enterprise to an international powerhouse was marked by a pivotal IPO in 1991, transforming into Welspun Living Limited in 2023. Renowned for innovation, branding, and sustainability, Welspun Living Limited has expanded its reach by exporting to major retailers across the globe, embodying excellence and commitment to stakeholders. Today, Welspun Living Limited is the largest exporter of textiles to the US. Guided by core principles, Welspun continues to pave the way for a sustainable future in the textile industry, maintaining its legacy while embracing the challenges of a dynamic global market. Under the theme of “Make in India, for the World,” the company is poised to showcase its commitment to quality, innovation, and sustainability in the sector. Rooted in the ethos of Make in India for the World, its products exemplify the fusion of global trends with craftsmanship, catering to diverse consumer preferences worldwide. With a keen focus on the dynamic trends within the home textiles industry, Welspun Living adeptly utilizes consumer insights to propel innovation and maintain a leading position in the competitive landscape. With a large spread of textile products on display, Bharat Tex 2024 is poised to foster unparalleled networking opportunities and catalyze robust growth in the global textile market. Welspun Living’s participation in the summit will showcase its contribution to revitalizing India’s textile value chain and its proactive role in catalyzing the Government of India’s 5F vision (Farm to Fibre to Factory to Fashion to Foreign). Through its participation, the company aspires to emphasize India’s rich textile legacy and its vision for a sustainable, innovative future on a global scale. Looking ahead, Welspun Living is dedicated to expanding its global footprint while reinforcing its commitment to sustainability and societal impact. The company’s planned trajectories entail strategic investments in technology, research, and partnerships to drive growth and foster sustainability across the value chain. As the textile sector continues to evolve, Welspun Living remains steadfast in its pursuit of excellence, guided by a vision to create value for all stakeholders. “At Welspun Living, our approach to ‘Make in India, for the World’ underscores the immense potential of India’s manufacturing prowess and rich resource base. Through the integration of Industry 4.0 and AI, we are pioneering India’s high capability standards at the center stage of the world. With our participation in Bharat Tex 2024, we aim to showcase our thought leadership on sustainability practices. Governance is a critical element and will play a significant role to catapult the demand for Indian-made products globally. In recent times, India is increasingly transforming into a new preferred supply chain partner globally, and with technologies like predictive Analytics powered by AI, Blockchain, the Internet Of Things, and Data Analytics at hand, it is imperative that we stay ahead of the curve and let Indian Textile become a giant in the world-industry,” said Dipali Goenka, CEO & MD, Welspun Living Limited. Bharat Tex 2024 promises to be a vibrant platform, bringing together industry leaders, policymakers, and stakeholders from around the globe. Welspun Living eagerly anticipates engaging in insightful discussions, forging meaningful partnerships, and showcasing its latest textile innovations at the event.