The Advanced Materials Project being set-up through Welspun Advanced Materials (India) Limited (“WAMIL”), a wholly owned subsidiary of the Company. In this regard, the company informed that WAMIL has commenced its operations with effect from March 12, 2022. WAMIL’s facilities at Telangana has installed capacity of 17,729 MTPA of Spunlace with estimated revenue of Rupees 370 Crore per annum at around full capacity utilisation.
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