Welspun India, a textile firm, will invest around Rs 300 crore to streamline its two production facilities to ramp up the output of products. The company aims to increase the production of towels by 3,500 tonne, bed linen by 7.5 million metre and rugs by 2 million pieces. The company will utilise Rs 156 crore raised through qualified institutional placements (QIP) in April to finance the debottlenecking process.