One of the pioneers in the textile industry, Vardhman Textiles was founded in 1973 and operates in the yarn, sewing thread, steel, and fabric sectors. It was formerly known as Mahavir Spinning Mills and is a unit of Paul Oswal’s Vardhman Group.
With 25,088 spindles, the first Vardhman Textiles facility opened in Hoshiarpur, Punjab, in 1975. The business built a 25,000-spindle textile factory at Malerkotla near Sanazur, Punjab, in 1977–1978. A 100 percent export-oriented unit (EOU) was established by Vardhman Textiles in Mandideep in 1992–1993. The ISO 9002/BIS 14002 certification was given to the Malerkotla mill and the EOU unit by the Bureau of Indian Standards (BIS).
Its gassed and mercerized dyed yarn project in Hoshiarpur started production in March 1995.The business established a joint venture with Marubeni Corporation and Toho Rayon of Japan in order to establish a 100% EOU in Baddi, Himachal Pradesh. For this business, Vardhman Acrylics was founded, and commercial manufacturing commenced in September 1996.
With an installed manufacturing capacity of 25000 spindles, the business established its third 100% EOU at Mandideep in 1998–1999.
To increase the amount of sewing thread it can produce, the company built unit-II in Ludhiana. The installed capacity of this plant was 5 TPD. The business and American & Effird Inc., USA, engaged into a contract for the production of quality sewing thread.
Later, in 2004, Vardhman Textiles and Vardhman Spinning’s textile operations were combined. With installed capacities of 264 and 528, respectively, the company introduced new units of looms and rotors.
Vardhman Textiles’ subsidiaries include businesses like VMT Spinning Company (VMT), Vardhman Threads (VTL), Vardhman Yarns & Threads, and Vardhman Acrylics. The Vardhman Group, a significant textile business company in India with its headquarters in Ludhiana, promotes Vardhman Textiles. For its quality management, the company has obtained ISO 9002/ISO 14002 accreditation.
The EEC, USA, Canada, China, Japan, Korea, Mexico, Brazil, and Mauritius are just a few of the more than 25 nations that Vardhman Textiles exports its goods to. It also has a significant market presence in the Middle East.
The Vardhman Group (parent company) was founded in 1965 in Ludhiana, Northern India. Yarns, fabrics, sewing threads, fibre, and alloy steel are among the business sectors in which the group is involved. One of the biggest spinning groups in the nation, Vardhman Group has approximately 5,50,000 spindles.
There are 12 production facilities owned by the group, and they are spread across Punjab, Himachal Pradesh, and Madhya Pradesh. Currently, the group’s plants at Hoshiarpur, Ludhiana, Baddi, and Perundurai are able to produce about 25 metric tonnes of sewing thread every day. The organisation currently has 20,000 employees.Future PerspectivesVardhman Textiles is engaged in research and development operations to create new goods, as well as to enhance product quality and production efficiency.
Yarn: The company produces a variety of yarn within this category, including Grey Cotton, Grey Acrylic, Crayons, Hank Dyed Acrylic, Vardhman Knitting, Gassed Mercerised Cotton, and others. The business can produce 98,736 MT of yarn annually.
Fabrics: The company creates fabric for bottom weights and shirts. It produces a variety of fabrics, including 100% cotton, cotton blended with polyester, Chief Value Cotton, and cotton stretch. The company can produce 30 million metres of fabric annually.
Sewing Threads- Company produces a variety of threads including cotton, polyster, core spun (polyester cotton/polyester polyester), trilobal embroidery thread, bonded nylon and lubricated nylon thread, as well as specialised threads like button fusing, bead fusing, and anti wicking, button shanking, indigo dyed, and so forth.
Steel– Under this, company has an installed capacity of 1,00,000 Metric tonnes per annum.
Awards: The Company received the Golden Trophy from the Textile Export Promotion Council (Merchant Export Category for Fabrics) in recognition of its varied export accomplishments during the 1993–1994 fiscal year.
In 1994-1995 and 1995-1996, the Government of India gave Vardhman Textiles a merit award.
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