Welspun Group: Welspun Grp To Invest 350 Cr In Hyd Plant | Hyderabad News


Hyderabad: Water tanks maker Sintex, which was acquired by Welspun Group earlier this year, is setting up a mother plant for manufacturing entire range of products at Chandanvelly on outskirts of Hyderabad, Welspun chairman BK Goenka said.
The 350 crore Sintex investment is part of Welspun group’s plans to invest 5,000 crore in Telangana over the next three-four years and create over 50,000 jobs in the five-seven years, Goenka said at the ground-breaking ceremony in Rangareddy on Thursday.
“Sintex has around seven plants but this is going to be the mother plant… The first phase will be commissioned in the next one year,” Goenka said.
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