Indian textiles major Welspun India announced foray into e-commerce
space with its new online retail store Shopwelspun.in, and targets revenue of
USD 50 million by 2020.
The company currently has over 200 shop-in-shops and
about 300 distributors in offline retail and is growing at about 30 per cent
annually.
Welspun is also looking at a global footprint for its e-commerce
initiative and will launch online retail stores in both the US and the UK over
the next few months.
Check out their online portal here for some initial launch offers..
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