Vardhman Group is a Leading Textile Conglomerate in India Having a Turnover Of

download Vardhman Group is a Leading Textile Conglomerate in India Having a Turnover Of

of 4

Transcript of Vardhman Group is a Leading Textile Conglomerate in India Having a Turnover Of

  • 8/11/2019 Vardhman Group is a Leading Textile Conglomerate in India Having a Turnover Of

    1/4

    Vardhman Group is a leading textile conglomerate in India having a turnover of $1.1 bn.

    Spanning over 22 manufacturing facilities in five states across India, the Group business

    portfolio includes Yarn, Greige and rocessed !abric, Se"ing #hread, cr%lic !ibre and

    llo% Steel.

    Vardhman Group manufacturing facilities include over 1&,'(,1)& spindles, '*& metric

    #ons per da% %arn and fibre d%eing, 1+&& shuttleless looms, 11* mn meters per annum

    processed fabric, +' tons per da% se"ing thread, 2&&&& metric tons per annum acr%lic

    fibre and 1,2&,&&& tons per annum special and allo% steel.

    Vardhman has evolved through histor% from a small beginning in 1)* into a modern

    textile ma-or under the d%namic leadership of its chairman, S..s"al. /is vision and

    insight has given Vardhman an enviable position in the textile industr%. 0nder his

    leadership, Vardhman is efficientl% using resources to innovate, diversif%, integrate and

    build its diverse operations into a d%namic modern enterprise.

    /IS#Y

    #he industrial cit% of udhiana, located in the fertile 3al"a region of 4entral un-ab is

    other"ise 5no"n as the 63anchester of India6. 7ithin the precincts of this cit% is located

    the 4orporate head8uarters of the Vardhman Group, a household name in 9orthern India.

    #he Vardhman Group, born in 1)*, under the entrepreneurship of ate ala attan

    4hand s"al has toda% blossomed into one of the largest #extile :usiness houses in

    India.

    t its inception, Vardhman had an installed capacit% of 1',&&& spindles, toda%; its

    capacit% has increased multifold to over 1& lacs spindles. In 1(2 the Group entered the

    se"ing thread mar5et in the countr% "hich "as a for"ard integration of the business.

    #oda% Vardhman #hreads is the second largest producer of se"ing thread in India. In

    1&, it undertoo5 %et another diversification < this time into the "eaving business. #he

  • 8/11/2019 Vardhman Group is a Leading Textile Conglomerate in India Having a Turnover Of

    2/4

    gre% fabric "eaving unit at :addi =/>, commissioned in 1& "ith a capacit% of 2&,&&&

    meters per da% has no" increased to 1.* lacs meters per da%. It has alread% made its mar5

    as a 8ualit% producer of Gre% poplin, sheeting, shirting in the domestic as "ell as foreign

    mar5et. #his "as follo"ed b% entr% into fabric processing b% setting up uro #extiles at

    :addi and Vardhman !abric at :udhni,3adh%a radesh. #oda% the group has 1+&&

    shuttleless looms and has processing capacit% of 11*mn meters fabrics?annum.

    In the %ear 1 the Group has added %et another feather to its cap "ith the setting up of

    Vardhman cr%lics td., :haruch =Gu-arat> "hich is a -oint venture in cr%lic !ibre

    production underta5en "ith 3arubeni and @xlan of Aapan. #he compan% also has a strong

    presence in the mar5ets of Aapan, /ong Bong, Borea, 0B and @0 in addition to the

    domestic mar5et. dherence to s%stems and a true dedication to 8ualit% has resulted in

    obtaining the coveted IS &&2? IS 1'&&2 8ualit% a"ard "hich is the first in #extile

    industr% in India and %et another laurel to its credit.

    MISSION

    Vardhman aims to be "orld class textile organiCation producing diverse range of products

    for the global textile mar5et. Vardhman see5s to achieve customer delight through

    excellence in manufacturing and customer service based on creative combination of state