Welspun Living Limited has reached a significant operational milestone in its international expansion strategy. The company's subsidiary, Welspun USA Inc., has officially commenced partial commercial production at its new pillow manufacturing facility in Nevada, USA, as of March 31, 2026.
This development follows the Board of Directors' approval in July 2025 for a capital expenditure of US $13 million dedicated to this project. The establishment of the Nevada unit is a strategic move by Welspun to diversify and strengthen its presence within the Home Textiles segment in the United States, allowing for localized production and faster distribution of bedding products.
By transitioning from approval to production in under a year, Welspun demonstrates strong execution capabilities. The partial commencement of this unit marks the first phase of the company's plan to capture a larger share of the growing US pillows and basic bedding market.
Shares of Welspun Living Limited was last trading in BSE at Rs. 115.70 as compared to the previous close of Rs. 108.80. The total number of shares traded during the day was 207399 in over 1958 trades.
The stock hit an intraday high of Rs. 116.00 and intraday low of 110.85. The net turnover during the day was Rs. 23741589.00.