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Welspun to exit from JV with Leighton for $99 min

The transaction would be completed in the first quarter of 2014 once the procedural conditions are met.

Welspun to invest Rs 1,000 cr to hike yarn, cotton production

The Mumbai-based firm, which exports over 90 percent of its production, has also set a target to achieve a turnover of USD 1 billion in the next four years from USD 650 million at present.