QUARTERLY NEWSLETTER OF WELSPUN GROUP OF COMPANIES

VOLUME VIII ISSUE 1 Mar 2011

Wel-WisherWel-Wisher

Nurturing

‘Gen-Next’within Welspun

- HTT Rankings

- Leighton Meeting

- WME Highlights

- CSR Award

Home Textiles Today, January 31, 2011 FashionUnited, March 14, 2011

Reuters, February 22, 2011

Insurancersn, March 14, 2011

LowCarbonEconomy.com, March 10, 2011

Metal Bulletin, March 23, 2011

One India, February 18, 2011

Express Buzz, February 17, 2011The Economic Times, March 31, 2011

HTT’s Top 15 Supplier Giants Welspun to expand India exposure

Home Textiles Today magazine in their annual issue ranked Welspun USA as number 3. Mumbai-based $3 billion Welspun Group is a reputed international supplier of home The ranking was done based on the sales of 2009 home textiles. All home textiles textile products amongst others and is one of the major players in the home textile categories, bed, bath, kitchen, table linen and window coverings, including alternative segment in India. The Group’s home textile consists of products like bed sheets, bath window coverings, custom decorating and accessories that are generally sold with textile rugs and towels. At present, its total exposure in the export market is around 93 per items, are included in the sales estimates. In the Bath Towels category it was ranked cent. In keeping with the buoyant Indian market, the company’s textile division plans number 1. to increase its exposure in India to nearly 25 per cent of its total production. It also

plans to expand its retail presence in the country by 20-30 per cent on an annual basis.

At present, industry officials point out that the Indian market has fared better

compared to the other global economies. As textile companies have performed well in India apparel exports volume may shrink as prices soar the domestic market, they have managed to offset the slump in the export markets.Soaring cotton prices are likely to crimp India's apparel exports by at least 15 percent in

volume terms this year, as they shrivel demand from developed economies that are still Rajesh Mandawewala, MD, Welspun Group says given the growth being witnessed in limping into recovery, an industry body said. "Right now, at these prices, I can tell you India, they will increase their presence in the domestic market. The target is to have nothing is looking bright in the international markets," Rajesh Mandawewala, managing around 25 per cent exposure in the domestic market in the next five years. The typical director of Welspun Group told reporters. "Those economies are still recovering, they investment required for a store, including inventories, is pegged at around Rs 75 lakh are still struggling. So, demand is not as much as it used to be in 2007," Mandawewala to Rs 1 crore. Currently, Welspun has around 170 stores across the country.said, referring to the U.S. and Europe. He said he saw rising incidences of orders getting

postponed. "It's anyway becoming very, very difficult, at current prices, to make exports

happen and make profits. In 2011/12 also export increase will come from prices, not

volumes," he added.Welspun Wins Prestigious Earth Care Award

Welspun, one of the world's largest home textile leaders and a pioneer in

environmental initiatives for manufacturing, received the 1st runner up award for

reduction in emission and mitigation of Greenhouse gasses at the Earth Care Awards. New CSP partnership deal in India

The Earth Care Award is given by India's largest media house, the Times of India in New ventures continue to mushroom in India. Earlier this year, Indian business

conjunction with Jindal Steel Works in an effort to recognize local and relevant action conglomerate Welspun announced its plans to set up 500 MW of solar power across

in environmental reform. The awards are supported by The Energy and Resources India over the next five years. Welspun Energy's solar power plants with use both PV and

Institute (TERI) and the Centre for Environment Education (CEE). concentrated solar thermal technologies. The Welspun Group is also acquiring a stake in

project development and contracting company Leighton India, part of the Australian

conglomerate Leighton Holdings. Welspun Group through Welspun Infra Projects, has

also agreed to acquire 35% strategic stake in Leighton Contractors (India) for US$102 Amm Steel Tube & Pipe Conference: Some pipe mills won’t survive, says Welspun’s million.Delie

Only the strongest and most competitive large-diameter spiral weld line pipe mills will

survive in a fiercely competitive North American market, according to Welspun

Tubular LLC president David Delie. Only the strongest and most competitive large-WelspunStahl - Announces Change in assignmentdiameter spiral weld line pipe mills will survive in a fiercely competitive North Welspun Corp Ltd has informed BSE that the Company on February 18, 2011 announces American market, according to Welspun Tubular LLC president David Delie. Delie the change in assignment of Mr. Lauri Malkki from CEO to handling special international estimated that about 1.4 million to 1.5 million tons of new capacity has been added projects and strategic initiatives. This change is with effect from February 17, 2011 and to the U.S. market in recent years by such companies as Welspun, which has a new will facilitate Welspun to focus on special projects. Mr. Malkki has handed over all CEO spiral weld plant in Little Rock, Ark. But of that new capacity, only about 30 to 35 percent responsibilities to Mr. Rajesh Mandawewala, Managing Director, Welspun Corp Ltd.is being used—"a very low number," he said.

Cabinet nod for 12 firmsWelspun Corp bags orders worth Rs 1,182 croreThe Cabinet on Wednesday approved a list of 12 firms who will shortly be issued the Pipe maker Welspun Corp today said it has received orders worth Rs 1,182 crore Request for Proposal (RFP) documents for selecting a private partner for the Rs. 6,000-mainly from international clients. "These new orders are likely to be executed over a crore Vizhinjam International Seaport Project.Gammon Infrastructure and Condor-period of one year," the company said in a statement. With the addition of these Brookfield have not made it to the final list. Shipping Corporation of India (with SKIL

Infrastructure and Hindustan Constructions), GMR, GVK, Patel Engineering in tie-up with orders, the current order book of the company stands at Rs 6,153 crore, it said.

Limak, Jaiprakash Associates, Welspun Infratech, Nagarjuna, Global Ports from Turkey, "There is a positive pricing environment for oil and gas. We are visualising a good

Mundra Ports, Reliance Infrastructure and Sterlite Industries are in the final list. Ports traction and signs of improved demand," said B K Goenka, Chairman, Welspun Corp. Minister V Surendran Pillai’s office said that the companies will be issued RFP documents Currently, the company has nearly two million tonnes per annum pipe making on February 16 itself. ‘’They will be given two months for submitting the bids,’ an official said. capacity.

News Room A Corporate Affairs Initiative

Snippets Of Media Coverage

Welspun House, 7th Floor, Kamala City,

Conceived, edited & designed by Corporate Affairs,

Welspun Group.

For private circulation only

Dare to Commit

Senapati Bapat Marg, Lower Parel, Mumbai 400 013, INDIA.

Telephone : +91 22 66136000

E-mail : feedback@welspun.com

Website : www.welspun.com

Welspun India Ltd. Welspun

Welspun Syntex Ltd. Welspun Power & Steel Ltd.

Welspun Zucchi Textiles Ltd. Welspun Retail Ltd.

Welspun U.S.A. Inc. Welspun UK Ltd.

Welspun Sorema Europe, S.A. Welspun Mexico S.A DE C.V.

Welspun Tubular LLC Remi Metals Gujarat Ltd.

Welspun Natural Resources Pvt. Ltd. Welspun Energy Ltd.

Welspun Global Brands Ltd. Welspun Maxsteel Ltd.

Welspun Investments & Commercials Ltd. Welspun Projects Ltd.

Welspun Middle East Pipe Coating LLC Welspun Middle East Pipe LLC

Welspun Global Trade LLC

Corp Ltd.

Welspun Group Companies

Chief‘s Chat

My dear Welspunites,

We are well into the New Financial Year with encouraging results from

the last quarter. However, with the rising raw material costs and

increasing pressure on exports we have to tighten our seat belts and have

to be more focused in our approach and strategy.

On the business front, the Saudi plant has commenced operations and will

cater to the buoyant markets of Middle East. Implementation of our L-

SAW plant at Anjar is on schedule, and is likely to be commissioned by the

end of Q1 FY12. We have also successfully completed the assets

acquisition of KOJO Worldwide and are in a tremendous position within

the hospitality industry to provide a “Total Soft Goods Solution” from

linens and towels to decorative bedding and window treatments of all

types.

Being the first issue of this year, we have dedicated it to our employees and

the big Welspun family. A successful company is often made of hard

working and diligent people. We believe inspired employees are the key to

taking an organization to greater heights. For this reason, Welspun gives

utmost importance to its Human Resources Development. To reiterate

this fact, our cover story this time presents a detailed perspective of the

various initiatives and programmes that has been undertaken by us for the

development and training of our employees.

Taking a step further in this regard is the launch of employee engagement

survey as part of our quest to become a respected organization. We have

partnered with the Indian arm of The Great Place to Work® Institute to

conduct this survey and help us gather your feedback. I urge each one of

you to participate in this survey and give us your feedback wholeheartedly

which in turn will help us to achieve our goal of being one of the most

respected organizations across the globe.

In another major achievement, Welspun USA has been ranked third in the

Top 15 Supplier Giants (USA) by Home Textiles Today magazine. It has

also bagged the number one position in Bath Towels category. Kudos to

the Welspun USA team and we hope it receives many more laurels. It was

a moment of glory when Welspun was bestowed with India Shining CSR

Award – “Outstanding CSR in Textile Sector” at the CSR Thought

Leadership Conclave hosted by Wockhardt. This award is special since it

is a unified effort from each and every one at Welspun.

In the events section we have captured the various celebrations that took

place across locations on International Women’s Day. The day was

celebrated with much enthusiasm and fervour.

Going forward, we are well on track with our business goals. The company

with its strong global footprint is all geared to capitalize on the emerging

opportunity. Last but not the least the overwhelming response to the

employee survey and frank and honest feedback makes Welspun a better

place to work. Hope you enjoy reading the issue as much as we putting it

together.

Mrs. Dipali Goenka

CONTENTS

Cover Story

Corporate News

Wel - Fare, Events

Wel - Social Responsibility

Yoga by Preeti

Welspun People

Wel - Vidya Mandir

Wel - Written

Wel - Drawn / Clicked

2

4

9

16

17

21

22

25

28

Cover Story

Being at the helm of Indian business for the past 25 years, Welspun Group has witnessed much change and challenges. When we glance back at

the first decade of the company’s existence, many of the things that seemed important then hardly matter now.

That was a generation living in the shadows of a colonial era: timid to take decisions, content to follow the regular paradigm of the past. India

was a country in a cage, society was rigid and business success largely belonged to those who broke the law or those who broke away from the

country. Then came the glorious period of liberalization, since then we have achieved much.

Today, there is a young India, confident to step out into the world, not as escapees from the IIT’s chasing the American dream, but as

entrepreneurs, businessmen and executives living the Indian vision. Welspun Group has ambitious expansion plans to increase the size and

volume of current businesses, as well as diversify into new segments like Infrastructure, Energy and others. To support this strategy, it is only

fitting that the company create a plan to attract, develop and retain the quality of human capital.

In order to retain these young talents and provide them the platform to think big and dream big, Welspun has offered various initiatives

focused on training and education for employees. Having tied up with educational institutions, as well as training programmes for the worker’s

wives, Welspun looks out for its own.

Going forward, Welspun has scripted a unique approach to employee welfare and growth. We intend on building a high performance

management culture across Group companies, backed by world-class processes operating on a value framework. The twin pillars of education

and systems & processes will enable us to identify high performance & high potential people and build future leadership.

To reach this objective, Welspun has introduced some key initiatives. The Group has embarked on a ‘Leadership Development journey’, with its

top talent group of around 200 members of middle and senior management set to undergo comprehensive programs to enhance their General

Management and Leadership Skills. Welspun have partnered with SP Jain Institute of Management and Research to run customized

Management Development Programs (MDP) & has partnered with Idiscoveri Education to provide specific leadership development programs.

Around 120 people are undergoing the MDP and approximately 70 people are already part of Leadership programs.

To nurture the ‘Gen-Next’ Welspun has also started a Talent Development programme aimed at building a leadership pipeline that will create

quality leaders to manage our growth and diversification plans. An exercise is underway for all high potential and key talent members for whom

Individual Development plans (IDPs) have been drawn up across all India locations. Around 200 and more IDPs have been designed across all

business and locations.

A Balanced Scorecard based Performance Management System has been put in place. All eligible employees undergo training programs to

build their skills for ‘conducting appraisal discussions’. To check on the effectiveness of the PMS process, regular surveys are conducted.

Different job aids and wizards are created to help employees understand the appraisal process at Welspun.

The thrust of Learning & Development efforts has been skill enhancement and capability building. Hence, while at the business level the

emphasis has been more on technical training, at the Group level a common training curriculum has been designed under the Corporate

2

The new emerging face of WELSPUN GROUP

Cover Story

3

University framework, where around 30 different titles of programs have been designed for the India employees and we have till date

completed 1000 mandays of training.

Welspun to be benchmarked for high quality, high productivity, manufacturing speed, and flexibility. To meet this goal, capability building

around technical areas has been initiated for workmen, supervisory staff and managers, initiating Technical training certification. Various

committees have been formed at the plant/business levels, which are in process of designing Skill matrix as well as technical training modules

for technical capability building at the various businesses. As of today, approximately 80 employees across Welspun locations have been

certified as internal technical trainers. Welspun has partnered with NTTF a renowned technical institute for workmen development, with the

NTTF satellite centre set to be operational in a few months. Currently, training systems are being developed by technical training committee

members which will help in addressing the business needs.

As another initiative to emphasize the organization’s focus on continued education, Welspun employees are given an opportunity to enroll

themselves into the certification courses offered by All India Management Association (AIMA). Employees can avail of 1 year certificate courses

on varied areas of general management, to encourage them to pursue higher studies while continuing work with the Group. The Company pays

the entire course fee on behalf of the interested staff and recovers the same from the salary in the form of fixed EMIs per month. This has been

significantly successful with more than 200 people already enrolled for the program till date.

Other initiatives for employee engagement like reward and recognition programs (Excellence Awards for the group launched), online libraries,

and Employee engagement framework for the Corporate teams have been designed and deployed.

With various acquisitions in process, the broad integration roadmaps for these are another focus area for the Human Capital team. For

example, the MSK Integration Plan and Roadmap has been put in place. The various Welspun manufacturing facilities in USA, Mexico, Portugal,

UK are also being brought under a common fold in terms of Welspun systems and processes, thus bringing in a common integrated cultural

dimension to all locations.

In order to build a strong middle management team over the next 5 years, the Welspun group has decided to hire aggressively from top B

Schools across the country. As a pilot, a team of 18 lateral Management graduates have been brought on board. They are joining us for our

different businesses across the country. Over the next 5 years, we will raise the numbers of such hires, year on year, with an aim to bring about

250 such top talents into middle management positions.

As a global manufacturing organization, it is key for us to continuously have a strong pipeline of top class engineers entering our system and

growing with us. WINGS is the comprehensive Graduate Engineer Trainee on-boarding program, which ensures that we hire, train and retain

the GETs we bring on board.

The Group overall is focused on making its people ambitious, aggressive, dynamic, flexible, and resilient and with an entrepreneurial bent of

mind, to act as change agents to catapult it forward on its growth trajectory. Our intent is to help everyone gain exposure to the latest and best

technology, challenging assignments, exciting career and learning opportunities with value adding experiences.

Corporate News

Hydraulic Rocking Shear - I Hydraulic Rocking Shear - II

Rotary Shear along with Control Room Complete view of Rotary Trimmer & Chopper

Abhijeet Singh, President SCM WCL (Left) with

Mr. Y. T. Yoo API Group Leader POSCO (right)

WCL and POSCO signs a MoU

A memorandum of understanding (MoU) was recently signed between

Welspun Corp Ltd and POSCO for the Annual Supply and Cooperation. The

agreement was signed by Mr Abhijeet Singh, President Supply Chain

Management, WCL and Mr Y T Yoo, API Group Leader, POSCO.

4

C rp Ltd PLATE & COIL MILL

PCMD achieves another milestone

It was yet another proud moment for Welspun Plate and Coil Mill Division when they successfully commissioned its second plate finishing line

in January 2011. The newly commissioned second line is directly connected to existing plate cooling bed.

With a distinction of being the biggest rotary shear of the world, it can cut plate up to a thickness of 30mm. The line can process plates online

without intermediate storage and has a production capacity of 20 plates in an hour.

The line has equipments like Hydraulic Rocking shear –I & II which has been imported from Italy while the Rotary Trimmer Shear and Scrap

Chopper has been manufactured indigenously and assembled in-house.

WPCMD management team appreciates efforts of every employee who has worked day & night to achieve such unique production line.

Corporate News

Welspun, Thom Filicia launches first collaborative bedding

line

Bedding and bath home textiles company Welspun USA and interior designer and television

personality Thom Filicia launched their first collaborative consumer bedding line on the QVC

shopping network.

Filicia introduced his modern yet classic collection on-air, and the line will then be available

on QVC's website for a month following. The new collections include complete top of bed

ensembles in four patterns - Woven Dream, Floral Vine, Full Bloom and Sunrise Plaid - as well

as two different throw blanket styles. Each

collection includes a comforter with

coordinating sheet sets, standard pillow

shams, bed skirts, lumbar pillows and

square pillows.

Filica represents one of Welspun USA's

several designer license partners. The

company also markets Nautica, Christy,

Graccioza, and Amy Butler.

- Amy Mulcahy, HR, Welspun USA

5

Welspun KOJO to offer Total Soft Goods Solution

In May 2010, Welspun USA formed a strategic alliance with KOJO Worldwide, the most recognized

name in the Hospitality Industry for soft goods in North and Latin America. After experiencing strong

synergy between the two companies, Welspun proceeded to acquire the assets of KOJO Worldwide

on November 8, 2010. As a result the new Welspun KOJO team is in a formidable position within the

hospitality industry to provide a “Total Soft Goods Solution” from linens and towels to decorative

bedding and window treatments of all types. We are currently marketing Welspun KOJO, as a single

solution provider through our sales team and real time B to B system. This type of sourcing solution

is the first of its kind in the hospitality industry.

The team of Welspun KOJO will change the paradigm of hotel industry buyers from segmented

buying habits to believers in a single source solution. The Welspun KOJO sales people will become

valuable textile consultants for all our customers. Welspun KOJO team will streamline the process and provide customers with real buying

power by making the process simple vis-à-vis saving time and money. Simultaneously, expansion is happening with exciting projects in Middle

East, Europe, Central America and Asia.

Speaking on the alliance Ms Kim Koni, SVP Design, Marketing and Product Development said, “Our goal is to make the hospitality industry

customers raving fans of Welspun KOJO products through our superior designs and fanatical customer service. Everyone in the company is a

Customer Service Representative and we will find solutions that will benefit the company and our customers respectively.”

The same thoughts were echoed by Mr Joe Robertson SVP Operations, Manufacturing, Costing and Mexico Affairs who further stated, “The

magic of Welspun KOJO will be hard to resist by our customers and we are very happy to be a part of Welspun. Looking at the future what we

can accomplish as Welspun KOJO is unlimited.”

Dipali Goenka, Executive Director WIL, also toured the Welspun KOJO facility in San Diego, California. Both Ms. Koni Kim & Mr. Joe Robertson

shared with her and the Welspun management team their plans to create the most powerful textile company servicing hospitality industry

along with Stephen Messiter, Sr. VP of Sales and Distribution. Going forward, the future looks bright.

- Koni Kim and Philip Haness, Marketing Director, Welspun Hospitality

Mrs. Dipali Goenka, ED WIL along with Ms. Koni and Mr. Robertson

All set for a big leap in infrastructure sector

The board members along with the senior management from Leighton Holdings Ltd (LHL), the parent company of Leighton Contractors India

Limited (LCIL) recently visited Welspun House. The rationale behind the meeting was to have a one to one interaction with the management of

Welspun and also to build a rapport with the new partners.

Leighton Holdings was represented by Mr. Bill Wild, Deputy

CEO – LHL, Mr. David Savage, COO – LHL and Mr. Tony

Wright, CFO - Leighton International Ltd (LIL) among others

who were first given a characteristic Indian welcome by

Aarti and Tilak and were then shown around the Welspun

House. After their brief tour the Leighton team interacted

with the senior management of Welspun. In the meeting

between the two companies, Mr. Parvez Umrigar, CEO and

MD of Welspun Infratech shared a brief presentation on

Welspun's aspirations for LCIN. Talking this thought further,

Mr B K Goenka, Chairman Welspun said, “The infrastructure

space in India is growing at an exponential space and LHL

being one of the world’s major project developer and

contracting organization there is a lot of scope and

opportunity for both the groups to work closely and

participate in the immense infrastructure development and

construction opportunities in India."

Welspun Group through Welspun Infra Projects Pvt Ltd., has agreed to acquire 35% strategic stake in Leighton Contractors (India) Pvt. Ltd.,

Leighton International’s Indian operations. Through this strategic partnership both the companies are jointly interested in pursuing a range of

opportunities across the infrastructure sector, including transport and power sector projects. India’s construction sector is forecast to grow at

10% per annum over the next three years, and more than US$120 billion is set to be spent in 2011 alone. This partnership is a step towards

acquiring a major share in infrastructure sector.

Welspun USA ranked third in the Top 15 Suppliers

Giants of USA

Welspun USA proved its mettle yet again when it was ranked third in the Top 15 Supplier Giants (USA) in a recent survey conducted by Home

Textiles Today magazine. The first and the second slot was bagged by Mohawk Home & Springs Global USA respectively. The ranking was done

based on the sales of 2009 home textiles. All home textiles categories, bed, bath, kitchen, table linen and window coverings, including

alternative window coverings, custom decorating and accessories that are generally sold with textile items, are included in the sales estimates.

This was not all even in Bath Towels category Welspun USA were ranked number one. This feat was possible because of the increase in its

volume and wide reach. While in the comforters and sheets & pillowcases category Welspun USA was ranked fourth respectively. In fact in the

sheets & pillowcases category Welspun USA recorded the highest change within the top five players. It has been a remarkable year for

Welspun USA – the company unveiled a new label with designer Tom Felicia and forged an alliance with Kojo Worldwide to step up its global

reach in the hospitality arena.

HTT’s Top 15 Supplier Giants (sales in $millions)

Welspun USAEst. ‘10 Sales

$498

‘09 Sales

$444

% Change

12

6

$284 $261 9%1. Welspun USA New York

Bath TowelsEst. ‘10 Sales ‘09 Sales % Change

Supplier Giants

46 30 534. Welspun USA New York

ComfortersEst. ‘10 Sales ‘09 Sales % Change

Supplier Giants

Sheets & Pillowcases4. Welspun USA New York

171 143 20

Est. ‘10 Sales ‘09 Sales % Change

Supplier Giants

(’09)

Corporate News

Mr. Eric Wandle, COO LIL, Mr. David Savage, COO, LHL, Mr. Russell Waugh, MD LCIL with

Mr. B K Goenka, Chairman Welspun, Mr. B.R Jaju, CFO, M. L Mittal, ED Finance,

Mr. R Mandawewala, Director WCL along with other key management members of Welspun & Leighton

Another feather in WIL’s crown

Welspun India Limited, Anjar, bagged the Gujarat

State Safety Award - 2009, Runner up for lowest

D.I. I.(Lowest Disable Injury Index) & Certificate of

Honors for more than 30 lacs man hours

continuous working with out reportable injuries.

Gujarat State Safety Award Shield & Certificate

presented by Hon. Minister Finance, Labor &

Employment, Govt. of Gujarat in Gujarat State

Safety Conference at Vapi.

Award Received by Mr. Vasant A Sikligar, DGM (Fire & Safety), Anjar

Corporate News

It was a moment of pride for Welspun Global Brands Ltd (WGBL) when Tesco, the largest

retail chain in UK awarded them the Value Award for exceedingly meeting their

expectations. The award was given by Mr. Shantanu Singh, Tesco India Head & Ms. Sona

Madaan, Merchandising Manager Tesco to the Welspun team.

The award is generally given to the suppliers who have exceptionally gone out of the way

to meet the requirements of Tesco sourcing. Talking about the achievement, Mr Shrinidhi Nadgauda, General Manager, Exports, WGBL said, “Thank you very much

for the hard work and relentless efforts to understand the customer requirement and

deliver unbeatable value henceforth improving availability in the depot. This would not

have been possible without the efforts of every individual from our team.” In was during the month of July that WGBL informed Tesco about the buoyant sales that

is happening vis-à-vis the ordering is abysmally low which will result in massive shortfall

at a later stage. By the time Tesco realized the shelves were already empty in the stores.

As a result, Tesco placed a massive order to be delivered in the shortest possible time.

The plant took up the challenge with positive spirit in handling the sudden spurt in orders

even though there were capacity constraints and delivery pressures. The teams at HO

(Logistics & Merchandising) ensured that no stone was left unturned in ensuring that the

shipments leave on time and sometime before time to meet the emergencies at Tesco

stores. In the last four months, 700MT of towel has been delivered with a shipment value

of around $5.04 million. Rest as they say is history.

They commited & they accomplished

7

Board of Directors meeting at Welspun

Middle East

A Board meeting was held at Welspun Middle East (WME) to chalk

out the future course of action. The meeting was attended by Mr.

B K Goenka, Chairman, Welspun and Mr. R Mandwewala,

Managing Director along with other key management members.

HO team involved in managing the Tesco account, from left to right : Mr. Sunny Puri, Mr. Shrinidhi Nadgauda, Mr. Uttam Newalkar, Mr. Arun

Kakda, Mr. Swapnil Divekar, Mr. Venkatesh Pujari & Mr. Chandra Mohan

Mr. Shrinidhi Nadgauda, General Manager-Exports & Mr. Sunny Puri, Manager Exports recieving the Tesco value award from Mr. Shantanu Singh, Head -Tesco India & Ms. Sona Madaan, Merchandise Manager, Tesco India.

Left to Right : Mr. Mohammad Al- Shemaisy, Assistant General Manager, WME, Mr. B K Goenka, Chairman Welspun, Mr. Mohammed Abunayyan, Chairman, WME, along with

Mr. Rajesh Mandawewala, MD, along with other senior management

Corporate News

SAP go-live in UK

After only 6 months of intensive work, SAP went live in the UK in January 2011. The

core project team of Sanjeev Munje, Janet Potter, Kamil Krasinski, Anthony

Wilshaw and Chris Vernazza, supported by a seven member strong IBM team from

India worked long hours through the Christmas and New Year holiday, to ensure

that the system was ready to operate when their colleagues returned after

Christmas vacation.

The system is now running Welspun UK’s financial, costing, material management,

purchasing and sales functions, with very complex interfaces to their existing

warehouse, retail and forecasting systems.

Graham Naismith, Director - Supply Chain said “I am very proud of the team – they have given up their own time, holidays and family life to

ensure that the system is fit for purpose. The team have worked tirelessly to understand, configure and test the SAP system, as well as other UK

employees, particularly in customer services and IT.”

Sanjeev Munje, Project Manager and Overseas Head of IT (Textiles), Welspun Group said, “I have been involved in many SAP and IT

implementations in my career and this one has been the most efficient and accurate I have been a part of.”

Work continues to ensure that all areas of the business are trained on the system and that the new ways of working deliver benefits.

- Graham Naismith, Director, Supply Chain

First dispatch from Saudi Plant, Project: Ras Al Zaur - Riyadh Water Transmission System

The Welspun Middle East Team, dispatched their first 72”pipe from the KSA Plant to one of their

clients- Ras Al Zaur- Riyadh Water Transmission System.

National Energy Conservation Award,

Vapi

It was indeed a very proud moment for all of us at Vapi to receive

the First Prize on National Energy Conservation – 2010. The

award was received by Mr. Tarnjit Singh – Sr. Vice President,

Engineering and Utilities and Mr. Vijay Patel – General Manager,

Engineering from Mr. Sushil Kumar Shinde – Union Minister of

Power, at Hotel Le Meridian, New Delhi on 14th Dec 2010.

MSK re-christened as Welspun Projects Limited

In Sept 2010, Welspun Group acquired 61% stake in MSK Projects (India) Limited. To align with the corporate identity of Welspun Group, name

of MSK Projects (India) Limited was re-christened as Welspun Projects Limited.

After their new acquired stature, Welspun Projects Ltd held there first communication meet at Baroda. The meeting was presided by Mr

Parvez Umrigar, CEO and MD of Welspun Projects Ltd along with Mr Asim Chakraborty, Director Civil and Mr B L Biyani, President Business

Excellence. The main objective of the meeting was to create team building, increase the parameters on quality and improve the systems and

processes. Around 34 people from Welspun Projects Ltd across India attended the meeting. Based on the tremendous success of the meeting,

management decided to have a communication meet every quarter.

Chris Vernazza, Janet Potter & Anthony Wilshaw (back row left to right)

Graham Naismith, Sanjeev Munje & Kamil Krasinksi

(front row left to right)

Mr. Tarnjit Singh – Sr. VP and Mr. Vijay Patel - GM receiving the award from Mr. Sushil Kumar Shinde, Union Minister of Power. 8

Welspun hosts training programme on Industrial Safety & Health

Welspun hosted a training programme on Industrial Safety & Health for Kutch District. The

programme was organized by the Industrial Safety & Health Department, Government of Gujarat &

Ankleshwar Environmental Preservation Society (Disaster Prevention & Management Center).

The basic objective of the programme was to impart training to various people from different

industries in Kutch District. Some of the subjects that were covered during the training were accident

prevention techniques, chemical hazards & safe handling of chemicals, on site emergency plan,

electrical & machine safety, Fire fighting & fire prevention techniques among others. Altogether 42

participants from various industries like WIL, WCL, Jaypee Gujarat Cement Ltd, Indian Steel Ltd

attended the programme which was held over a span of two days.

Faculties from various prestigious Industries of Gujarat shared their knowledge & experience about health and safety with the participants.

From Welspun Mr Vasant Sikligar, DGM Fire & Safety, WIL Anjar and Dr Nitin Dongre, CMO Medical Centre, WIL Anjar also shared their views

and experience with the participants.

The training program was inaugurated by Mr. U.R.Soni, Assistant Director of Industrial Health & Safety (Govt. of Gujarat), Adipur and Mr.

Himanshu Patra, Vice President HCGA, WIL. Other dignitaries present were Mr. Arvind Kumar (GM-Compliance, WIL), Mr. Sudesh Sharma

(DGM-HCGA, WIL) & Mr. Vasant Sikligar. The entire event served as a good learning and experience sharing platform for participants from

various Industries of Kutch.

Wel-Fare, Events

Cricket fever in WelspunCricket fever in Welspun

The cricketing fever was on in Welspun when all the die hard cricket fans came together and played the inaugural

Welspun Premier League (WPL) 2010-11.

Based on the concept of Indian Premier League, WPL had six teams that participated for the coveted prize. Like the parent version, the names

of the team for WPL were quite innovative and captivating - Steel Warriors, Blitzkrieg, Global Champions, United Nine, Seven Eleven and

Textile Tigers. Each floor of HO was represented by one team. There was one knock out round followed by the semi finals and final. The winners

were Steel Warriors (4th Floor) and Global Champions were the runner up.

The tournament was inaugurated by Mr Prakash Tatia, President Marketing & RM - Welspun Maxsteel Ltd. Other management members

present were Mr. Ashok Jain, President Finance, WIL, Narendra Bhandari, Vice President Finance & Accounts, Welspun Maxsteel Ltd, Mr. Vipul

Mathur, Director, Sales & Marketing, WCL.

Another Internal Cricket Tournament was organized in WCL, Anjar as part of their Annual Day celebrations. A total of 16 teams participated and

Spiral -2 B were the proud winners with HCGA team as runner up.

The inaugural match was played between HOD’s team named as Project XI v/s Operations XI. Projects team was lead by Mr Sunil Singhal (V.P -

Projects) and Operations team was lead by Mr P M Jain (V.P-Commercial). Many new records were also created during the tournament. For the

first time a hat trick and a century was scored by a bowler and batsman respectively. Apart

from the winners trophy prizes were also given to Man of the Match, Man of Series, best

batsmen and best bowler of the tournament, best Umpires / Commentator / Scorer /

Groundsmen and facility management staff.

The event was also attended by Mr Valmik Shukla, Senior Vice President, Operations, Mr Sunil

Singhal, Vice President, Projects, and Mr J Pant, Senior Vice President, Community Relations &

Corporate Affairs among others. Altogether 21 matches were played, scoring 3691 runs for

the loss of 286 wickets.

9

Steel Warriors

The participants lending an attentive ear during the Industrial Safety and Health Programme at

Kutch, Gujarat

Spiral -2 B

Annual Day at Vapi

Annual day is associated with exhilaration and enjoyment and the same was felt by all in the annual

day celebration at Vapi. The event was attended by over 5000 members of the Welspun family

coming together to appreciate, encourage, dance and enjoy.

The ceremony was inaugurated by Mr. Swapan S. Nath – Director, by lighting lamp and taking the

blessings of Babuji. A torch was lighted by him which was relayed by the pillars of Welspun Vapi

Family from the temple to the venue for the Annual day with an oath to make Welspun shine and

grow day by day.

The day also brought out many talents in form of cultural dances performed by kids, songs and skits.

“Best Attendance Award” was distributed to workers, for having highest attendance during the year.

Other awards given were “Smt. Gayatri Devi Scholarship Award” to the kids of the workers, “Service

Excellence Award” for long association with Welspun, “Cultural Award” to the prize winners and

participants of the cultural performances. The day ended with a mouth watering lunch for

everyone.

Torch relay performed by the HODs of Vapi

Award distributed by Mrs. Sutapa Swapan Nath

Lamp lighting and Torch lighting ceremony performed by Mr. Swapan S. Nath, Director

Wel-Fare, Events

Skit performed by the GETs on Welspun

10

Welspun welcomes spring with R COLOU S

The air was full of enthusiasm and everyone was dressed up in their best colourful attire to celebrate the

festival of colours popularly known as “Holi” in Welspun HO. Each floor came together to organize an

evening full of activities, fun and happiness.

The day started with employees greeting everyone with a pinch of colour. Later on there were

various activities like collage making, singing competition, best dressed male and female creatively

named Mr Rangeela and Ms Rangeeli keeping the theme of Holi in mind. Each of these activities was

organized floor wise and the grand final was conducted in the terrace. Mr Sagar Narkar (WCL) was

adjudged Mr Rangeela and Ms Priyanka Indulkar (WCL) won the title of Ms Rangeeli. The singing

competition was won by Ms Priyanka Indulkar and Ms Kirti Jakatdar (WIL).

The judges for the competitions were Mr Vijay Bapna, Executive Director WMSL, Mr Brijgopal Jaju,

Director Finance WCL, Mr M L Mittal, Executive Director Finance WIL and Wanda Rau, General Manager Design

WGBL. The day culminated with employees bonding over tea and refreshments.

The colourful celebration of Holi at Welspun HO

PCMD organizes Sports Week at Anjar

Sports Week 2010 -11 was organized from 1st January to 13th January 2011 at

PCMD, Anjar. The event was inaugurated by Mr. B. B. Sharma (Director, Operation

WIL). The event started with a Volley Ball match played between HODs & HCGA

team. During the Sports event, employees competed for trophies in four

disciplines namely Cricket, Volley Ball, Table Tennis and Badminton.

The event concluded with a prize distribution ceremony on 13th January 2011

where the winners and runners up were felicitated by the chief guest Mr. Varinder

Kumar (DIG, BSF Sector HQ – Bhuj). The event was organized by the Sports

committee & HOD’s.

Wel-Fare, Events

11

Football matches at Saudi

To encourage “Team Building” cross functional teams were created for a Foot ball

game at Welspun Middle East LLC, KSA.

Training & Mentorship

Program at Vapi

A training and mentorship programme

was organised for thirteen students from

the rural areas belonging to CTF College,

Siprur at Vapi plant. During this

programme the students went through

an Industrial training and project for a

period of six months to prepare them for

the Industry. Each one of them was also

given a mentor to guide them through the

training program. After the completion of

their training and project, their mentors (i.e. Senior Employees of Vapi) were felicitated by their principals for their sincere efforts to develop

the students under them.

Mr. Swapan S. Nath congratulating the mentors on receiving certificate from the college

CTF Principal Dr. Raichurkar addressing the mentors and the company for the support extended

Winners receiving Award from Chief Guest

Sports Week Inauguration

The captured moments of the Winning Team

WSL celebrates National Safety Week

Welspun Steel Ltd (WSL) celebrated the National Safety Week from February 26th to Match 4th, 2011 at Anjar. As part of the week long

celebrations various safety competitions were organized by HSE department to spread awareness among the employees. Some of the

competitions that were held are safety slogan, safety poster, safety quiz and Best least injury plant. SMS and CPP were adjudged the Best Least

Injury Plant for the 2010-2011.

Saraswati Puja celebrated in full vigour

To mark the celebration of Vasant Panchami, Saraswati Pooja (Goddess of Knowledge) was celebrated on 8th February, 2011 at different places

in Welspun Anjar. Most of the devotees were dressed in yellow to celebrate the occasion.

The pooja was organized at Vradha Ashram, Adipur so that elderly people could also offer their Pushpanjali to the Goddess along with the

families of Welspunites. In the evening, a variety of entertainment programmes like fancy dress, dance, music recital by kids and matching the

choice game for couples was organized. People of all ages enjoyed the programme performed by children.

Shri B. B. Sharma, Director-Operations graced the occasion and addressed the gathering. He appreciated the organizers of the programme and

little ones who performed in the cultural programmes.

Meanwhile the Balwadi kids and Women participants of Adult Education Programme celebrated Saraswati pooja at Balwadi centers in

Welspun Gram, Anjar. They performed prayers and distributed sweets to all present for the occasion including Mr Jainendra Pant, Sr. VP CSR &

Corporate Affairs who visited Balwadi center on the occasion to motivate the participants and the organizers of the programme.

The Women artisans of Seva Gram-SHG (Self Help Group), Anjar organized the celebration at Shree Sakhi Swarnim Talim Kendra, Versamedi.

They worshiped the Goddess in a traditional way, performed havan and distributed sweets.

Wel-Fare, Events

12

Saraswati Puja being performed by Welspunites Saraswati Puja at the Varsamedi Centre

Committee members of the National Safety Week 2011 addressing the employees

Safety posters and safety slogans on display

Wel-Fare, Events

13

Nurturing the spirit of togetherness

To inculcate the spirit of belongingness & strengthen

the bonds of togetherness, PCMD Anjar organized a

family day for all their employees. The day started

with the introduction of the Welspun families at

Welspun Inn followed by breakfast. After which the

families visited the recreation centre, Babuji’s statue,

Sri Radha Krishna Temple.

The most interesting part of the day was the process

visit to the Plate & Coil Mill facility. The wives and

children watched in awe the coil manufacturing

process.

Post Lunch the families visited G. R. Goenka Center

and Welspun Gram where they got the opportunity to

interact with the Workmen families.

In the evening, families were welcomed by Mr. Dinesh

Kalantri, Senior General Manager PCMD & HCGA

team at Holiday Resort. The gathering was addressed by Mr. Vipul Mathur, Director & Business Head. The day concluded with impromptu solo

performances by individuals and prize distribution by Mr. Mathur & HODs for the Best Couple and Best kid in male & female categories.

Technical Training programs at Saudi

Technical Training programs were conducted at Welspun Middle East as

an initiative focusing on “Manpower Development”, wherein Internal &

External trainers were identified for imparting & delivering training

programs.

Welspun library gets a facelift

It is often said that books are man best friend! Based on the incessant requests

from the employees a new and improved library was re-launched in HO in

February 2011. The new library boosts 500 books in different categories. In

fictitious alone there are 30 categories to choose from. All the books are given to

HO employees free of cost.

Plant – Visit

Interaction with the Business Head Welspun gram–Workmen Colony

Wel-Fare, Events

HARPREET SINGH BAJWA ran

for a cause in the Standard

Chartered Mumbai Marathon

2011

We congratulate Mr. Harpreet Singh Bajwa,Vice President, Exports WGBL

14

Celebrating the spirit of Womanhood

Welspun across different locations celebrated Woman’s Day on March 8th, 2011 to make all the women feel special and salute their hard work

and dedication.

Taking the lead was Welspun HO where a special session was organized in the Cafeteria along with a lecture from Ms Suman Agarwal on Diet

and Nutrition. The session was attended by Ms Dipali Goenka, Executive Director, Welspun India and all the other women in HO. Some of them

also spoke about their stories on hardships, triumph and their quest to attain equal rights in the society. The programme was followed by

games and high tea.

Similarly, WIL (Anjar) organized a programme for all the female operators and staffs. The theme for the event was "Educate a woman and you

educate a family". More than 500 female employees participated in the programme held in our Annapurna canteen. The event was graced by

Mr B. B. Sharma, Director Operations WIL and Ms Kavita Tandon (Principal – Welspun Vidya Mandir). The program began with an inaugural

speech by Ms Deepali Plawat, General Manager, Product Development WIL.

Another celebration took place in collaboration Jan Shikshan Sansthan at Town Hall Bhuj for all the ladies associated with the various CSR

activities undertaken by Welspun. Women from neighboring villages and Welspun Grams also participated in various creative activities to

show case their talent and skills. Women from neighboring Tappar village in the vicinity of Welspun, Anjar visited WIL and CSR Centre at

Welspun Gram on this occasion. Welspun Team performed a ballet on “Saksharta” emphasizing the importance of education. The event was

attended by over 1000 women participants.

Be proud to be a woman!

Various glimpses of the Women’s Day celebration across all Welspun locations

Wel-Fare, Events

Vapi

Garba and Dandiya were organized in the company guest house. Many awards were also distributed to the partipants for best dressed

individual, best couple, best dance etc.

Everyone enjoying at the tune of Garba Award distributed by Mrs. Sutapa S Nath to Mrs. & Mr. Jitendra Sanadhya

Welspun Dahej celebrated Republic Day along with annual day

To commemorate 26th January, Welspun Dahej Unit celebrated Republic Day along with their Annual Day. It was a gala event which was

attended by around 5000 people. All employees were invited along with their families to this glittering event. To make the event more

memorable for the employees a cultural programme by performed by the children of Welspunites followed by Dinner.

Mr Piyush Thakor, Senior General Manager, Director Operations WCL welcomed the distinguished guests. The other dignitaries present at the

occasion was Mr. Abhishek Mandawewala,

Executive Director, Remi Metals, Mr. Sudhakar

Asawale, Unit Head, Remi Metals and other senior

officials of Welspun and nearby industries. All the

dignitaries paid homage to Babuji and recalled his

contribution in crafting Welspun as a world class

organization within a short span of 25 years.

During the Program, Winners of excellence awards

for workmen and young engineers and Annual

sports event at Dahej were also felicitated. Republic day at Dahej

Performance by Shreya Thakor, daughter of Unit Head

Patriotic Fusion

Patriotic songs by ladies15

Dance by Welspunites

Lighting of the Lamp by Unit Head

A proud moment for CSR team

It was yet another golden moment for Welspun when it was honoured with India Shining CSR Award – “Outstanding CSR in Textile Sector” at

the CSR Thought Leadership Conclave hosted by Wockhardt. The award ceremony was presided by many personalities notable among them were Noble Peace Laureate - His Holiness Dalai Lama, Noble

Peace Laureate - Prof. Muhammad Younis and Union Cabinet Minister for Minority Affairs and Water Resources Dr. Salman Khurshid.

At the Wockhardt Foundation’s first ‘CSR Thought Leadership Conclave’ 2011 industry leaders emphasized the need for focusing on social

development for economic growth. Addressing the conclave, Mr. Salman Khurshid

called for more effective corporate participation to drive social growth. His Holiness

Dalai Lama emphasized the need for social and rural development. Key note speaker

Prof. Muhammad Yunus stated that investment in social business is the foundation

for the wheels of growth and it should be driven by the people. Talking about the achievement Mr Jainendra Pant, Senior Vice President Community

Relation & Corporate Affairs said, “This award is dedicated to Mr B K Goenka,

Chairman, Welspun Group & Mrs Goenka, Executive Director WIL and Mr Rajesh

Mandawewala, MD, for their leadership, support and direction for all the CSR

activities. Along with that to Mr Bharat Sharma, Director Operations WIL to provide

the front end support to the CSR team and every member of “Team Welspun” who

worked selflessly to make this happen

Prior to the award ceremony there was day long thought provoking discussions on

CSR practices and case studies. The awards were conferred to Industries in 25

different sectors like, Oil & Gas, Pharmaceutical, Telecom, Automobile, Banking &

Finance, IT, Retail, Mining, FMCG, Textile, Aviation etc.

- Jainendra Pant Senior Vice President, Community Relation & Corp Affairs

Wel-Social Responsibility

Welspun Vidya Mandir Anjar organizes

programme for destitutes

Giving back to the society is one of the mottos that Welspun follows

diligently. In this endeavour Welspun Vidya Mandir Anjar organized a

programme for woman from Shanti Sadan (a home for the

destitutes). Ms Kavita Tandon, Principal W.V.M (Anjar), Ms Neeraj

Katoch Primary Head along the students welcomed these special

guests with flowers.

To make the guests feel special the students of Grade II and III

performed a dance while class IV presented a drill using dumbbells.

Lunch and desserts were prepared by the students under the

supervision of the teachers. On behalf of all the Staff Members shawls

were presented to them.

Women benefits from Welspun’s CSR

initiatives

As part of the CSR initiatives Welspun (Anjar) organized a number of

Capacity Building Programmes for Women in local community. One of

the initiatives in this venture is a vocational training course on cutting

and stitching through Jan

Shikshan Sansthan (JSS),

Indraprastha.

T h e t h i r d b a t c h o f

v o c a t i o n a l t ra i n e e s

completed their course

and appeared for their

examination on 10th

February, 2011.With this,

total 120 women have

been trained and 40

women have enrolled

themselves in the fourth batch of this course.

Mr Jainendra Pant, Sr.VP CSR & Corporate Affairs, Welspun Group and

Ms Falguniben, Area Manager of JSS visited the examination center at

Welspun Vidya Mandir (Anjar) to observe the arrangements and

support the event.

16

(Left to Right) Hetal Sarkhedi, Captain Jainendra Pant - SVP Community Relation & Corp Affairs, H’ble. Salman Khurshid -

Minister for Minority Affairs and Water Resources, Mr. Huzaifa Khorakiwala - Chairman, Wockhardt ltd and Ms. Sharda Chhangani

- CSR Co-ordinator

M U DR A S FOR GOOD HEALTH

YOG MUDRAS :

The physical body is composed of five elements, which are fused with each other in different proportions, to

form each human body. These five elements are fire, air, space (ether), earth, and water. The thumb represents

fire, the index finger represents air, the middle finger represents space, the ring finger represents earth, and the

little finger represents water. When these five elements are present in fixed proportion, the body remains

healthy; but if there is the slightest imbalance in these elements, it can upset our immune system and cause

various ailments. The ancient Yogis explained how, with bringing together the fingers in various permutations

and combinations, the elements could be manipulated in the physical body. This balancing of the tension and

redirection of the internal energy affects the changes in veins, tendons, glands, and sensory organs to bring the

body back to a healthy state.

YOGA BYPreeti

17

Some important tips on Mudras

— Mudra is a very exact and scientific yogic function by which one can develop or even change, one's internal and external

dispositions viz. mental (anger, emotional disturbance, intelligence etc.), spiritual (concentration, meditation) or physical (in

various diseases, illnesses).

— Mudras can bring miraculous mental, spiritual and physical changes and improvements in our body. They help in quickly

balancing the elements of the body.

— Mudras effect changes in veins, tendons, glands and sense organs.

— Mudras need no prior preparation. They can be done (mostly but with exceptions) at any time, anywhere and under virtually

any circumstances.

— They are like literal remote control switches bringing quick and effective changes.

— They help bring about permanent changes.

— A constant practice of Mudras can stop or slow down the destructive changes in the human body. It can help develop a

virtuous, socially amiable, non-violent, pious and courteous disposition.

— Some of the Mudras can balance the elements of the body within 45 minutes; some react within a few seconds on the human

body.

— Mudras awaken the cosmic energy and help unite the atma (soul) with the Paramatama (the cosmic soul).

When to do?

— Can be practiced at all times while sitting, lying, standing, walking or even talking.

— For good results should be practiced for 24 minutes continuously. Can be practiced for 4-5 minutes also at one time.

For good results should be practiced for 24 minutes continuously. Can be practiced for 4-5 minutes also at one time.

• Vayu Mudra – to release gas

• Kidney Mudra – cure for water retention

• Jalodhar Nashak Mudra – burns excess fluid in the body

• Hridaya Mudra – enhances the functioning of the heart

• Surya Mudra – Reduces excess weight

• Shunya Mudra – Cures hearing problem

YOGA BYPreeti

Mudra Vigyan is an entirely distinct and independent branch of yoga. This is the science of finger postures,

based on Yoga of elements that go to create the human body. The science that can help raise the human being

to achieve almost divine powers and keep the body perfectly fit. Like any Yoga, Mudras are nature’s way of

healing, as intended by nature and therefore, the mandates of nature are to be followed. Some Mudras do give

instant relief, but for permanent and long-term gains they should be done with sincerity and belief.According to the Yoga science five elements are referred to the five building blocks that go into the formation of

any living body. Several ancient health systems are based on the concept of the balance of the five elements.

According to Ayurveda and metaphysics affirm that distortion or impairment of the 5 elements creates outer

disturbance and inner sickness in the body.

18

KIDNEY MUDRA

Method: Make fist and then open index and the middle finger. Keep the ring and small finger

close and place your thumb on top of them. One may pass lot of urine, as this mudra stimulates

the kidneys.

Benefits: Improves the function of kidneys and helps to throw all the toxins out of the body. It

even helps to control blood pressure.

JALODHAR NASHAK MUDRA

Method: Make a fist; open index, middle and ring finger. Put the thumb pressure on the ring

fingers as shown in the above picture.

Benefits: Burns excessive water in the abdominal region, and helps in weight reduction.

HRIDAY MUDRA

Method: Put index finger on the base of the thumb and join thumb, middle and the ring finger as

shown above.

Benefits: Stimulates heart, controls palpitation, and blood pressure.

YOGA BYPreeti

VAYU MUDRA

Method: Press the index finger on the base of thumb and keep the thumb on the index finger.

Let the other fingers be straight.

Benefits: As the name suggests, this mudra helps to release gas and the discomfort immediately.

19

Feel Better Look BetterBe Better

Anaahat yoga

20

SHUNYA MUDRA

Method: Put the tip of middle finger at the base of thumb, with thumb gently pressing on it.

Benefits: This helps those with impaired hearing. If there is no physical defect, the mudra, if

practiced regularly, can restore the hearing power. Remarkably, it helps in getting rid of earaches

within minutes. It takes no mare than 2 to 3 minutes to get rid of most earaches. It helps in

relieving the nausea and vomiting sensations felt while driving on winding hilly curves or while

taking off or landing in aircrafts. It helps in many problems of vertigo. The mudra should not be

continued after the problem has been removed.

SURYA MUDRA

Method: Put the tip of ring finger at the base of thumb, with thumb gently pressing on it.

Benefits: Reduces weight of your body.

YOGA BYPreeti

Welspun People

Welspun appoints Jayesh Saxena as Vice President- Exports in WGBL

Mr. Saxena brings with him over 17 years of rich experience. Before joining us, his last stint was with Indo Count Ind. Ltd.

He is B. Tech (Textile) form Technological Institute of Textile & Sciences- Bhiwani.

Wishing Mr. Jayesh Saxena long and mutually beneficial association with WELSPUN Family.

Message to Mr. Rich Janicki by Mr. Dave Delie

It is with mixed emotions I announce that Mr. Rich Janicki, Sr. Vice President of Operations at Welspun Little Rock, has elected to retire effective

March 31, 2011. Rich was the first USA member of the Little Rock family and a pioneer of the Little Rock operations. He is considered one of

the cornerstones on which the Little Rock organization was built. After successfully completing 43 consecutive years of work in the Iron, Steel

and Pipe industries, he plans to spend time at his homes in Houston and Pittsburgh with his family and grandchildren and work part time. He

and his wife Barbara, have been married for 42 years and both will truly miss the Welspun family and the many wonderful friendships they

have enjoyed over the years. Rich’s dedication to Welspun and his work ethic is admired by all and he will be missed. Please join me in wishing

him the very best in this new chapter in his life. In the future, he will stop by Welspun periodically to say “hi” to all the lifelong friends he has

made during his 3 and ½ years here at Little Rock.

We will all miss him very much and wish him all the very best.

Welspun appoints Ramkrishna Telang as President- Business Development and Marketing

for Welspun Infratech Ltd and Welspun Projects Ltd.

Mr. Ramkrishna Telang who has joined Welspun Infratech Limited on 1ST March 2011 as President -- Business

Development & Marketing.

Mr. Telang holds a Civil Engineering degree from IIT Mumbai, and Masters in ‘Civil Engineering’ from State University

of California, Los Angeles.

He brings along a rich experience of 38 years with reputed companies like Cementation India, Gammon India Ltd, HCC

Ltd and Patel Engineering Limited. His expertise includes execution of Civil Engineering Works, Estimation/Tendering

and Business Development across sectors like Foundation Engineering, Marine Works, Roads and Hydro power.

Wishing Mr. Telang a long and mutually beneficial association with the Welspun Family.

Sad demise of Mr. Subir Sen, Unit Head, PCMD

Mr. Sen will always be remembered as a dedicated and selfless person. People who got the opportunity to know him

regarded him with great respect and admiration. His efforts & contribution for Welspun will never be forgotten.

On behalf of the entire Welspun family, we extend our heartfelt condolence to the bereaved family.

21

Wel – Done - Karen Senff

Welspun UK employee, Karen Senff, Trainee Management Accountant has passed her Part 1 paper towards attaining

her qualification as ACCA Professional Accountant. Karen studied remotely for this highly sought after qualification

and sat for her exam at Old Trafford in Manchester. Karen has been a valued member of the Finance Department,

based at the head office in Hyde, since December 2009. She will now be going on to the next stage of her studies

towards gaining fully qualified status.Karen Senff

Wel. Vidya Mandir

Anjar

Soaring high with Parasailing

It was a fun-filled day for the students of Welspun Vidya Mandir (Anjar) when they

were taken for parasailing activities. The students from classes III to IX were taken to

the Welspun India Limited Cricket Ground to participate in this adventurous and

exciting activity - Parasailing.

The activity was organized by Rendezvous Sports and Adventures from Jaisalmer.

This organization is involved in Aero- Adventure sports activities with well trained

and skilled staff. The event was conducted under the supervision of National

Certified personnel’s.

The children really enjoyed themselves as this was first of its kind experience for the

children. It was indeed an adventurous and exotic experience that the children

enjoyed and will remember for a long time.

National Consumer Day

Every year on 24th December National Consumer Day is celebrated to spread awareness about consumer interest. In order make the young

students of the school more conscious about their rights as a consumer and to spread the message about consumer rights and redressal

mechanism a special assembly was organized by the students of Anil-House under the guidance of their House Master Mrs. Kirti Thapa.

A short skit was performed by the students to show how the consumers are cheated due to the lack of knowledge about their rights. The

students were informed about the various agencies that have been set up to resolve the mentioned grievances. A very informative soft board

helped create awareness about the different consumer rights and redressal forums. Speaking on the occasion Ms Kavita Tandon, Principal Welspun Vidya Mandir (Anjar) stated the important role that students play as

responsible consumers. As consumers we need to be aware of our rights and make a difference in the society by standing up for our rights. The

students were explained about the precautions they should take while purchasing any product for example -checking the details about the

ingredients used, price, batch number, date of manufacture, expiry date and details of the manufacturer.

Ms Pratibha Gupta, Mathematics teacher

(Class V-VIII) W.V.M (Anjar) after winning

the quiz competition

organized by Mind Spark (Asset)Mrs. Neeta Vidhani, Dance Teacher won the first prize

at Global Harmony Fiesta-2010 at Thailand

22

'Lohri' and 'Uttrayan' celebration

Wel. Vidya Mandir

Anjar

Learning through experimenting, exploring and

enacting

The Annual Project and P.T drill of W.V.M was held on 9th and 10th of January

2011. The programme was inaugurated by Mr B.B. Sharma, Director Operations

WIL and his wife Mrs Sandhya Sharma. The programme began with a march-past followed by a drill by the students of

Grade I and Grade II depicting the formation of W.V.M, the national flag and the

national bird in a dance form. In another act the students of class III created

wonderful patterns using colourful ribbons. The tiny tots of L.K.G danced to the

tunes of ‘When you’re happy and you know it’ a popular children song stemming

from an old Latvian folk song. The students of U.K.G formed the National Flag on

the beats of the drums. Some of the other events that were held are Martial Arts,

aerobics, dumbbells and yoga exercises to relax the body and mind. A ballet by the

Hindi Department titled Mile Sur Mera Tumhara left everyone spell bound. At W.V.M students are encouraged to learn through projects and experiments in

order to make an integrated and environmental approach to learning. Students

exhibited various projects related to Science, SST, Mathematics and Computer Science.

The Biology department was the center of attraction with the theme of ‘Go Green, Grow Green’ which included the use of eco-friendly houses,

green buildings, vertical farming, herbal products and the use of recycled material to encourage people to protect and save our environment.

Apart from this there were various other projects and models created by the students of various classes.

The exhibition was an attempt to involve all the children in learning by doing, experimenting, exploring and enacting. At W.V.M, our aim is to

hone the skill of the children to make them grow into confident and skilled individuals.

Flower Day Celebration by the Tiny Tots

The Pre-Primary wing of Welspun Vidya Mandir (Anjar) celebrated Flower Day on 18th February’11 in the school premises. The main objective

of this celebration was to teach the students about the different types of flowers which we see in our daily life. Teachers used real flowers to

make the day more colourful and enjoyable.

The students had brought different types of flowers and the Pre Primary section looked like a beautiful flower garden. The students enjoyed

making paper flowers and colouring worksheets related to this activity. A very attractive soft board displaying various flowers was made by the

Pre-Primary teachers. To make the occasion more special a ‘Flower Competition’ was organized. The tiny tots came dressed up as flowers and the best dressed

children were given prizes. This activity encouraged the little ones to learn more about their environment and enjoy the beauty of Mother

Nature.

23

Wel. Vidya Mandir

Anjar

Republic Day Celebration at W.V.M

Welspun Vidya Mandir celebrated Republic Day with patriotic fervor and joy. A special assembly

was organized on the 26th of January. The celebration began with a prayer and the unfurling of

the national flag by Ms Neeraj Katoch, Primary Head, the Head Boy, Head Girl and the Prefects of

the school followed by the National Anthem and March past.

The students performed group songs and group dances which conveyed the patriotic theme. The

dance numbers performed by the students left everyone spell bound. In today's world, a lot can

be said about making a difference.

W.V.M comes out with flying colours

The students of W.V.M came out with flying colours in the Inter School competition held at Bhuj.

The three categories in which the students won awards were group dance, group song and

debate competition. In group dance they won the first prize while in group song and debate

competition they won the second and third prize respectively. Megha Gurnani and Shreya Jain

of Class VIII were the two winners of the debate competition. Various Schools of Kutch, Mundra,

Gandhidham and Adipur participated in the competition with full zeal and interest.

Similarly the students of Grade VII, VIII and IX participated in an Inter-School Essay Writing,

Elocution and Quiz Competition organized by the Kutch Malyali Welfare Association, Adipur held

on the 15th and 16th of January 2011 at the IFFCO community hall. Divya Dubey (Class VIII) won

the first prize in Hindi Essay Writing Competition and Adarsh Sen (Class IX) bagged the second

prize in English Elocution Competition. While Sagar Vegad (Class IX) won the third prize in

Gujarati Essay Writing Competition.

Take a break!

It is always fun to take a break from our daily routine and do

something different. To break the monotony of the children

from studies picnic was organized for grade I, II and pre-

primary. While grade I and pre-primary was taken to Sindhu

Baugh, grade II went to Jogdi nar (Antarjal). All the students

had a great time with their friends and teachers and enjoyed

every moment of it.

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Wel-Written

Being Progressive

I had been propagating the theory of being +ve for quite some time - even before I read "The Secret", however after I heard one of my friends, the great motivational speaker, Suresh Semwal from Thinkinc (http://www.successcorners.com) speak on "Being progressive and not only being positive", I could realize the enormous difference in approach. Frankly speaking, a plain "Being Positive" is like a great illusionary who is living in a word full of hope BUT without a concrete action plan. On the other hand a progressive person is a +ve thinker with a concrete action plan to substantiate his thoughts. He is not leaving everything on the mercy of nature and astrologers but is willing to soil his hands and sweat it out.

I had written the following article some time back and it was not published anywhere, so I thought of sharing the same with you guys.

ver wondered what could be the difference between a well qualified, experienced but a not so successful person v/s a not so well qualified, Eexperienced but a highly successful person. One difference could be opportunity another could be sheer luck, but the most important difference is having a ‘+ve and progressive frame of mind’.

As Robin S. Sharma, the famous author of “The Monk who sold his Ferrari” writes “You are what you think you are”. Having a progressive frame of mind, can be the single most important catalyst that can convert an idea into reality. Come to think of it, we all know the power of being +ve, but how often do we really practice it. Yes, practice +ve flow of energy within our selves, as a result within our whole organization.

The choice is ours, do we really want to ‘simply exist’ or ‘truly live’. Do we want to ‘simply survive or really thrive’. Moreover a -ve frame of mind is like a contagious disease. A -ve person would not only brood himself psychologically, but he/she would get sadistic pleasure by injecting the same feeling into his/her peers/subordinates as well.

A progressive frame of mind, would consider stumbling blocks as a stepping stone & problems as an opportunities to learn and improvise further. As Doctors world over preach, if the patient has a will power and a +ve frame of mind, he/she can be cured with medicines at its most effective.

The argument from some of my friends would be, it is very easy to preach but difficult to practice. Agreed, but it is not impossible….

Here are some practical tips, on how to be more progressive !!

Always look at the ‘relevance’ of any problem as Pramod Batra, the famous Management consultant puts it, “majority of the issues that we encounter are so small in terms of its overall effect on us, that it is useless to spend more time brooding on them”. The concept of KFP (kya firk padta hai) v/s BFP (bahut firk padta hai). We would notice that majority of our day-to-day problems would cease to exist.

Just like any other ritual, practice a mantra “I am progressive & have only +ve vibes emitting from my body and soul”. You will be surprised on the effect of this simple mantra on you. The only catch is … you have to say it with utmost belief, sincerity and conviction and you should be sitting on a chair with your spine straight and gaze at an object that is higher than your eye-sight.

Start analyzing a real problem clinically - Look at the problem from a consultant / a third person point of view, who has been given this problem in order to suggest possible valid solutions & then follow the steps mentioned below :-

- Define the problem on a piece of paper in its entire state.- Write down the names of all the people involved / connected / influenced (or who can be affected because of the problem)- Find out a root-cause analysis (fish-bone or Ishikawa analysis) and list down all probable causes.- Do an is-is & is-not analysis, to rule out any imaginary causes.- Do a Pareto analysis, to prioritize the major causes.- Find out probable options, against each major cause.- Carry out the options that are practical and feasible.

Refrain from becoming part of a peer group that speaks ill of any person or organization or group.

Take continuous feedback from your subordinates, peers and superiors and take corrective measures if required.

Look at some one who is less fortunate to realize the importance of what we have. As a popular saying goes “I was complaining of having no shoes until I came across a person who had no feet”.

Start practicing Yoga.

Make it a habit to read motivational books.

Put positive posters in your home and work place.

Being progressive is a psychological phenomenon, which can be achieved consciously through “practice and strong conviction” of our thought process that really makes us a +ve, progressive & thereafter a more sought after person.

Because remember….Real failures are only the results of an effort that we put in & True tragedies are lessons. But, our character is shaped not through life’s easiest experiences but during life’s ‘toughest’ ones.

- Sandip Grover,Senior Vice President, WMSL 25

- Vijay Bhat,Senior Manager, WCL

Wel-Written

Future Technology

Not too many years down the road people will drive their future car inside their future city andthen go back to their future home and tell their

future robots what needs to be done. In the nearfuture, wireless technology and nanotechnology will have taken over the world.

Nano neural networks will be the standard. Our brains will be connected directly to this vast future computer technology that has been

miniaturized, broadened and made to be more powerful. Sound like science fiction?

Just by thinking, they can move robotic arms. Microelectrodes placed in different parts of the brain allow people with muscular dystrophy and

other disorders to move cursors and type keys rather adeptly on a computer.

No longer are these experiments done with rats, monkeys or the episode of "House" where a patient move a cursor for "yes" or "no" by

thinking about it. There is so much future computer technology that most people don't know about that is happening right now, right under

our noses.

And, so what does this bode for 5, 10, or 20 years from now? Trends in future computer technology dictate that microchips, processors, hard

drives and all computer components will get smaller.

WiFi, MiFi and other Fi's Foes and Fums will take over the marketplace and become common. Just by thinking we will be able to connect with

networks most likely aided by small electronic devices that we keep on us at all times. But a step beyond this will be the elimination of these

small electronic cell phone, palm pilot, laptop, DS, GPS, facial recognition devices that have been rolled into one. Networks will

be so widespread that there will be no need to carry small handheld devices.

Just by thinking about log ons, passwords, text, photos, music and whatever our heads hold we'll be able

to navigate, communicate socially from miles away, Tweet just by thinking and do work on the run.

Future computer technology will allow people who have lost the use of their limbs to use

robotics as well as tap into these same networks empowering disabled people like never

before.

Future computer technology will help solve many medical problems such as dyslexia and

ADHD by reinterpreting sensory data and modulating brain activity. A whole host of other

medical illnesses and conditions will be cured or managed by future software controlling dosages

of medicine such as those with diabetes now experience, but the scope of the conditions healed or

managed will be much more vast.

Future computer software will know when to stimulate neurons, how much, and will communicate with

nanorobots that perform microscopic surgery or deliver medicine to very small, specific areas of the

body.

The future of computer technology is a very bright one indeed. The current trends tell us this, as

well as the research and development that is happening at lightning pace. The children today

will have a whole new technological world waiting for them tomorrow. And tomorrow isn't

that far away.

26

Wel-Written

- Narendra Vidyaniwas

- Vijay Khanore

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27

Wel-Drawn / Clicked

Glen Menezes

Prakash Dadhich

Rajesh Honrao

Uttam Newalkar

Asok Kumar Banerjee

Bharat Shah

Atul MishraAtul Mishra

28

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