Welspun’s Exemplary Contribution Recognised with Two Special Awards in Telangana
Hyderabad, 23rd June 2023 - Welspun, one of India's leading global conglomerates, has received prestigious recognition for its outstanding contribution. The commendations were presented at the Telangana Industrial Growth Festival, held on June 6, 2023, as part of the grand celebrations commemorating a decade of Telangana's formation.
During the event, Welspun was honoured with an esteemed award, acknowledging its unwavering commitment to the advancement of the Textile industry in Telangana. The award was bestowed upon Welspun by the esteemed guests, including Smt. Sabitha Indra Reddy, Minister for Education, Govt. of Telangana; Dr. S. Harish, I.A.S., Collector - Ranga Reddy District; Smt. Teegala Anitha Reddy, ZP Chairperson - Ranga Reddy District; and Sri Rajeshwar Reddy, General Manager, District Industries Centre, Ranga Reddy District, Telangana.
Moreover, in recognition of its impressive contributions, Welspun was also presented with another prestigious award at the Telangana Parishramika Pragathi Utsavam. This further demonstrates Welspun's outstanding role in fostering the growth and development of the textile industry in Telangana. The second award was presented by Sri K.T. Rama Rao, Minister for Industries, IT E&C, and MA &UD, Govt. of Telangana.; Sri Jayesh Ranjan, I.A.S., Principal Secretary, Industries & Commerce, IT and E&C, Govt of Telangana; Sri Budha Prakash Jyothi, IAS, Secretary, Handlooms & Textiles, Govt., of Telangana and Sri V. Madhusudan, TSIIC CEO;
Welspun's recent investment of Rs. 2000 crores in dedicated facilities for flooring and advanced textiles has had a transformative impact on the economic well-being of its operational areas in Telangana. The investment has not only created numerous direct and indirect employment opportunities but has also fueled the region's socio-economic growth. This commitment to the local communities and corporate social responsibility activities echoes Welspun's successful endeavor in Anjar in 2006, where a semi-arid region was revitalized into a thriving community.
Speaking on the recognition, Welspun spokesperson, expressed gratitude and stated, "We are humbled to receive these prestigious awards, which stand as a testament to our unwavering dedication to the textile industry's growth in Telangana. Welspun remains committed to leveraging its resources and expertise to uplift the surrounding communities and contribute to the state's overall progress."
Welspun continues to drive innovation and sustainable practices in the textile industry while prioritizing the well-being of its employees and communities. The company's achievements in Telangana serve as an inspiration and reinforce its position as a leader in the Indian conglomerate landscape.
