To support this transformation, Sintex’s parent, Welspun Corp, has announced a ₹2,355 crore investment plan focused on expanding manufacturing capacity and setting up new facilities across Telangana, Odisha, Madhya Pradesh, and Jammu and Kashmir. Of this, approximately ₹1,200 crore has already been deployed, Agarwal said.
Since the acquisition, the company has expanded from five plants to seven, including a large facility in Bhopal that will serve as a key manufacturing hub for pipes and fittings.
Historically, Sintex once commanded nearly 70% market share in the water tank segment. While regaining such dominance will take time, Welspun remains optimistic. The company aims to significantly scale both its tanks and pipes businesses…