Welspun is set to enter the $15 billion international market for decorative bedding this year. As part of the initiative, the home textile major will also market its products under the bed-in-bag concept. |
"In developed markets this concept is prevalent offering the entire bedding need in a bag. From flat sheets, to comforters, shams and pillow covers, everything is provided as a coordinated effort," said Akhil Jindal, president, Welspun. |
The company's move to enter the high-value bedding segment will coincide with the commissioning of its decorative bedding manufacturing plant at Anjar. |
The plant, which will start operations by year end, will have an annual capacity of 1.4 million sets. Jindal didn't rule out the possibility of launching the bed-in-bag concept in the domestic market too. It will be the first organised player to enter this market segment, which otherwise is fragmented. |
Welspun, which is one of the top manufacturers of towels globally, currently has a capacity to produce 35 million metre of bed linen annually. |
Another 10 million metre capacity is expected to be added by the second quarter of FY07. This is part of the company's Rs 650 crore expansion programme. |
The company recently introduced its towels and bed linen products in the North American markets under the aegis of the US-based Umbro brand. Another US brand Nautica, already sells Welspun's bed linens. |