Business Update16 Jun 2026, 12:13 pm
Welspun Living Pillow Unit in Nevada Fully Operational
AI Summary
Welspun Living Ltd announced the full commencement of commercial production at its pillow manufacturing unit in Nevada, USA, operated by its subsidiary Welspun USA Inc. This expansion, initially approved with a capital expenditure of US $13 million, aims to broaden the company's product category within the Home Textiles segment in the USA. Partial production had begun on March 31, 2026, with full operations now effective from June 15, 2026.
Key Highlights
- Full commercial production started at Nevada pillow unit.
- Subsidiary Welspun USA Inc. operates the facility.
- US $13 million capital expenditure for the unit.
- Expands product category in US Home Textiles segment.
Price Impact
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