VARDMNPOLY
Vardhman Polytex Ltd
Industry: Textiles
MarketCap: .... Rank : ...
Vardhman Polytex Ltd
Industry: Textiles
MarketCap: .... Rank : ...
Overview
Vardhman Polytex Ltd is a vertically integrated textile manufacturer based in India. The company produces a wide range of yarns, including cotton yarn, cotton polyester yarn, and value-added yarns. It also has a garment manufacturing unit. Vardhman Polytex has a market capitalization of â¹138.20 crore (as of September 2023).
History
Vardhman Polytex Ltd was incorporated in 1980 by the Mohta Group and the Punjab State Industrial Development Corporation (PSIDC). The company's first factory was located in Bathinda, Punjab. In 1987, Mahavir Spinning Mills Ltd took over the management of Vardhman Polytex. In 2003, the company was acquired by the Oswal Group.
How it operates
Vardhman Polytex has a vertically integrated production process. The company sources cotton from farmers, spins it into yarn, and then weaves it into fabric. It also has a garment manufacturing unit that produces a variety of garments, including shirts, trousers, and skirts.
The future
Vardhman Polytex is planning to expand its production capacity and enter new markets. The company is also investing in research and development to develop new yarns and fabrics.
Conclusion
Vardhman Polytex is a well-established textile manufacturer with a strong track record. The company is well-positioned to grow in the future due to its strong brand, vertically integrated production process, and focus on innovation.
Official website
The official website of Vardhman Polytex is https://www.vardhman.com/
Milestones
Additional information and interesting facts
Brands and companies