Ludhiana based Vardhman Group is on an expansion spree… after inaugurating a new office in Gurgaon, to support its expanding operations recently, the company has now unveiled its latest yarn shade card ‘Rangoli’ (volume six) with 1000 colour options. Being a firm believer of reaching out to his consumers directly and supporting them in all ways possible, S.P. Oswal, Group Chairman Vardhman is confident that ‘Rangoli’, a mélange yarn that can be used for both woven and knitted applications, would give designers options and help them play with their designs.
The industry present on the occasion, besides business partners from garment export houses and buying offices, also included prominent guests like Virender Uppal, Managing Director, Richa & Co.; Sandeep Gupta, Managing Director, Gupta Exim; K.K. Khurana, Managing Director, Knit Craft Overseas; and Sunil Arora, Managing Director Impulse. All of them were enthralled at the displays and many were seen studying the colour cards. “We will continue to give industry solutions and look forward to their feedbacks to provide better services,” said Vardhman Group Chairman.
The company, with a turnover reaching almost US $ 1 billion, has 24 manufacturing facilities in five states across India, manufacturing yarns, grey & processed fabrics, sewing threads and garments. Speaking exclusively to Team StitchWorld on expansion plans, Oswal disclosed that they are in the process of investing Rs. 1600 crore in next two years on various schemes. “We are also enhancing our capacity in spinning as a group to one million; at present we are just short of 50,000 spindles. We will be the first group in the country to touch this milestone,” proudly concluded Oswal.
