Vardhman Polytex, an Oswal Group company, manufactures yarns that are synonymous with the highest quality. Its range of cotton yarns (carded, combed, organic, BCI), cotton polyester yarns, and value-added yarns (grey and dyed) in variable counts holds a place of pride in the industry. Using the finest raw materials and cutting-edge production technology, each yarn conforms to the highest global standards. The company endeavors to introduce new products through constant innovation and alignment with market trends. It holds a prominent position in both domestic and international markets. The company operates in two segments: textiles and real estate.
Business area of the company
The company is engaged in the manufacturing of yarns and it is also into real estate sector.
Milestones
- 1980: Incorporation of Punjab Mohta Polytex
- 1990: Changed name from Punjab Mohta Polytex to Vardhman Polytex
- 1990: Increased installed capacity to 25,000 spindles
- 1990: Set-up worsted unit with a capacity of 8,000 spindles
- 1994: Increased installed capacity by 12,000 spindles
- 1999: Modernised the Bathinda plant
- 1999: Increased capacity further by 12,000 spindles
- 2003: Installed spinning plant at Ludhiana with capacity of 25,000 spindles
- 2004: Installed Dye House at Ludhiana with capacity of 7 tons per day.
- 2005: Installed additional capacity of 25000 spindles in the Bathinda Plant
- 2006: Installed additional capacity of 25000 spindles in the Ludhiana Plant
- 2008: Further expansion of 30,000 spindles in the Bathinda plant.
- 2011: Installed spindles plant in Nalagarh (HP) with capacity of 40,800 spindles
- 2014: Diversified into Real Estate debut project - Vardhman Park
- 2021: Successful launch of Vardhman City Center
- 2022: Land acquired at South city, Sidhwan canal for new real estate project
- 2023: Successful launch of VCC office suites - new age offices in Ludhiana
- 2026: Got approval to raise Rs 35 crore via NCDs on a private placement basis