Vardhman Group Stocks

Established in 1963, Vardhman Group is the largest vertically integrated textile manufacturer in India. They are involved in the manufacturing and trading of yarn, processed fabric and alloy steel. The Group started its operations with 6,000 spindles. They entered the manufacturing of sewing threads in 1982. After that, they expanded their operations and entered into the processing of woven fabrics, acrylic fibre production and garment business.  

They have 5 decades of experience in the textile industry. Annually, they produce 2,40,000 metric tons of yarn and 220 million metres of woven fabric. They provide employment to more than 30,000 people. Vardhman has 18 state-of-art manufacturing units. They have a presence in more than 75 countries in the world. They are considered leaders in bi-stretch fabrics and the largest manufacturer of hand-knitting yarn in India.

Vardhman Group currently operates in several sectors, including:

• Textile: The Group is involved in the production and export of yarns, fabrics, acrylic fibre and garments. They export their products to Japan, the USA, Asia and more.
• Special Steels: The Group’s company, Vardhman Special Steels Limited (VSSL), is one of the leading producers of Special and Alloy Steels. 

 

1. P. Oswal, Chairman and Managing Director

Shri Paul Oswal is the Chairman and Managing Director of Vardhman Group. He has more than 50 years of experience in the textile industry and has led the Group to achieve high growth in textile manufacturing. He contributed significantly to the Member of Industrial Advisory Council – Government of Madhya Pradesh. From 2006 to 2013, he held the position of Director at UTI Trustee Company Pvt. Ltd. Between 2012 and 2015, he also served as the Chairman of the Textiles Committee – Ministry of Textiles, Government of India.

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