Welspun India on Monday was named amongst the most' Influential Innovators' at the Clarivate South and South East Asia Innovation Award 2020. Welspun won the award in the Corporation segment and was the only player from the textile industry.
Dipali Goenka, Jt. MD & CEO, Welspun India Ltd said, "Innovation is an integral part of the Welspun's DNA and the foundation on which our customer-centric solutions are built. Our innovation-driven approach has helped us to challenge the status quo, set new industry benchmarks, and build an industry-leading portfolio of 30 innovations over the years. We are proud to be recognized amongst the most' Influential Innovator' by an illustrious industry forum such as South and South-East Asia Innovation Forum by Clarivate. The award is a testament to our efforts and motivates us to keep developing more relevant and innovative solutions for our customers."
Welspun highlighted in its regulatory filing that the company has always focused on consumers' needs and catered to them with innovations like Nanocore technology, which prevents dust mites and other allergens from entering home linens.
Additionally, the company introduced an industry-defining, multi-level traceability process Wel-Trak that tracks finished products back to the raw material as well as HygroCotton technology which traps the air in its core thereby making terry towels bloom after every wash and regulates a bedsheet's temperature naturally.
Welspun India stock ended at Rs65.25 per piece on Sensex down by 2.97%.