Vardhman Group is one of the largest textile manufacturers in India with leading market share and sustainable business model. Beginning humbly in the year of 1965, the Group aimed to be a world-class textile organisation, producing a diverse range of products for the global textile market. The Group seeks to achieve customer delight through excellence in manufacturing and customer service, based on the creative combination of state-of-the-art technology and human resources besides being a responsible corporate citizen. Currently, Vardhman exports to more than 65 countries across the globe!
The Man with a Midas-Touch
Vardhman Group has evolved over the years into a modern-day textile major under the dynamic leadership of its Chairman and Managing Director, S. P. Oswal. He holds a Master’s Degree in Commerce (Gold Medalist) from Punjab University, Chandigarh. He was the Founder President and Director of Ludhiana Stock Exchange for the period 1983-87 and President of Ludhiana Management Association for the period 1987-1991. He also acted as Chairman of Nimbua Greenfield Punjab Limited, a consortium of industries of Punjab for developing a common facility for storage, treatment and disposal of hazardous wastes generated by the industry with the grant from Government of India. For his extensive contribution to the trade & industry, he was bestowed the Padma Bhushan Award by the Government of India in the year 2010.
He is inspired by the philosophy and writings of Sri Aurobindo and The Mother. An industrialist with more than five decades of experience in the textiles industry, Mr. Oswal’s leadership, vision and insight has enabled the Group to achieve an enviable position in the Textiles Sector. The Group has efficiently used its resources to innovate, diversify, integrate and build its diverse operations into a dynamic and modern enterprise.
Go Get Diversify
Engaged in the business of manufacturing of Yarn, Fabric, Acrylic Fiber, Garments, Sewing Threads and Alloy Steel, the Group has evolved as a business conglomerate over the years, with the presence in India and in 65 countries across the globe.
Yarn is the largest strategic business unit of the Vardhman Group with more than One Million Spindles, besides yarn and fiber dyeing capacity of 60 Tons per day. The Group is the one-stop solution for a variety of yarn requirements of the leading customers in India and the international markets. Vardhman offers the widest range of specialized greige and dyed yarns (NE 10 to NE 200) in cotton, polyester, acrylic and varieties of blends along with several value-added products. Vardhman is India’s largest exporter of cotton yarn to the most quality conscious markets like EU, USA and Far Eastern countries.
Vardhman is among the few fully integrated fabric suppliers in the country. The state-of-the-art manufacturing facilities producing 114 MN meters per annum of processed fabric and 180 MN meters per annum of greige fabric are located in North and Central India, which cater to the highly customized fabric needs of the buyers. An integrated fabric supply chain, extending from raw materials to yarns and from weaving to processing provides the endearing advantage to the customers.
Vardhman is a leading player in the Indian sewing thread market as well. The joint venture with A&E Threads (American & Efird) of USA offers complete thread solutions from tailoring to industrial applications. With 43 tons per day capacity spread over five plants located in North and South India, Vardhman is uniquely positioned to serve the garment manufacturers across the world.
The Acrylic Fiber of Vardhman is acclaimed for a wide variety of textile applications. The modern manufacturing plant based on renowned Japan Exlan Wet Spun technology produces 22000 MT per annum acrylic Fiber at Gujarat (Western India). The Fiber marketed under the brand name VARLAN has achieved a high level of recognition in the Indian market and is one of the preferred Fiber for winter wear application in the country.
Garments and Steel
Vardhman Nisshinbo Garments Company Limited (VNGL) manufactures formal wear garments for international and national markets. For this, Vardhman has tied up with Nisshinbo Textiles Inc. of Japan for making formal business/formal shirts. The plant boasts of the state-of-the-art technology and aspires to embrace world-class garments manufacturing parameters. The joint venture company supplies the majority of its production to international markets through Nisshinbo and caters to the leading formal wear brands such as Louis Philippe, Van Heusen, Color Plus, Benetton, Sisley, Wills Lifestyle and many more.
Steel business contributes nearly 10% of the group’s turnover. The group supplies its products to some of the most stringent quality steel buyers such as Mercedes, Toyota, Porsche and many others. The plant facilities include Steel Melting, Ladle Refining Furnace, Vacuum Degassing, Bloom Caster, Rolling Mills and more. The products in high demand are Plain Carbon Steel, Case Hardening Steel, Free/Semi-Free Cutting Steel, spring steel and Ball Bearing Steel.
Ethics and Principles: Adding the ‘Human Touch’
The Group strives to achieve excellence through a culture of innovation and continuous improvement. As an organization, it believes in well-thought-out consistent growth and follows a consciously conservative approach. The Group has been continuously investing in the business with initiatives directed at long-term sustainability.
The Vardhman Group considers employees as its biggest asset and highest differentiating factor. There is a culture of empowerment that values and respects individual potential and helps each one achieve it to the fullest. People own their jobs and not just perform them. Today it is one of the very few companies that take pride in an entirely home-grown senior and top management. The company offers opportunities to people purely on merit without any favour or bias. The Group is also women-friendly with women forming a significant part of the workforce. With a force of 28000 plus employees, Vardhman is standing tall to prove its worth in the textile market.
All about the Next Step
Vardhman Textiles Ltd. is the proud recipient of six Texprocil Export Awards for the year 2017-18. Keeping the faith in the bright future of Indian textiles, Vardhman has continued expanding in areas that they know the best. In the process it keeps total customer focus in all operational areas and offers products of best available quality for premium market segments through TPM and Zero Defect implementation in all functional areas. Global orientation is another aspect to target sizeable percentage of production for exports.
Customer oriented culture constantly backed by new technologies and innovative product solutions is the backbone of Vardhman’s strategy, besides the process of creating a learning environment that accepts change as a way of life. Mr. Oswal believes “Faith in the individual potential and respect for human values have always kept them ahead”. It responds to problems, processes and solutions staying creative and innovative at the same time. The group strongly believes in the values of leadership, teamwork, openness, trust and a free flow of ideas.
Oath to Nature
Vardhman believes in the responsible corporate citizenry and places immense value on ethics and good corporate governance. It believes in being compliant with the laws and fulfils mandated commitments. The Group is also one of the few corporates which consciously fulfil its social responsibilities and invest in keeping the environment clean.