Verified employee & interview reviews

Vardhman Textiles Reviews

Ludhiana, Punjab

—/ 5

0 reviews

Vardhman Textiles Limited, founded in 1965 and headquartered in Ludhiana, Punjab, stands as India's largest vertically integrated textile manufacturer and a prominent global player. Originally incorporated as Mahavir Spinning Mills Limited, the company rebranded in 2006 to reflect its expansive role in the textile industry. Under the leadership of Chairman S. P. Oswal, Vardhman has grown into a multi-billion dollar conglomerate with a reputation for consistency, reliability, and sustainability. The company's business model is strategically built on vertical integration, encompassing the entire textile value chain from fiber and yarn to fabric and garments. This structure serves as a hedge against market volatility; for instance, when yarn demand fluctuates, the fabric and garment segments often provide stability. Vardhman's core operations are divided into several key segments: - Yarns: This remains the flagship business, with a capacity to produce over 670 metric tons per day. The company is a leading exporter of cotton yarn and maintains the largest spindle count in India, totaling approximately 1.23 million spindles. - Fabrics: Contributing roughly one-third of the group's turnover, this division has a weaving capacity of over 193.4 million meters per annum and a processing capacity of 180 million meters. It produces a wide variety of piece-dyed, yarn-dyed, and printed fabrics for global retailers. - Garments: Focused on high-quality formal and casual shirts, this segment utilizes advanced technologies like liquid ammonia treatment and specialized post-cure finishes. - Acrylic Fiber: Marketed under the brand VARLAN, the company produces 22,000 tons of acrylic staple fiber and tow annually.Beyond textiles, the Vardhman Group has diversified into special and alloy steel through Vardhman Special Steels Limited, catering to the automotive and engineering sectors. Vardhman operates 15 manufacturing facilities across Punjab, Himachal Pradesh, Madhya Pradesh, and Gujarat. The company has a strong international presence, exporting to over 65 countries, including major markets in the US, Europe, and Asia. For the fiscal year 2025, Vardhman reported a consolidated revenue of INR 9,587.21 crore and a net profit of INR 879.07 crore. Sustainability is a core pillar of the company’s "PRO" (Proactively Responsible Organisation) framework. Vardhman has integrated solar energy (19.92 MW capacity), advanced water treatment facilities, and cotton recycling through its "Vardhman ReNova" initiative. With a workforce of over 23,000 employees, the company emphasizes continuous learning and professional growth while maintaining high ESG standards, including significant female representation on its board and across its production teams. Currently, Vardhman is executing a large-scale capital expenditure plan of INR 3,535 crore to further expand its fabric and yarn capacities.