461.00 -7.15(-1.53%)
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Vardhman Textiles Limited, formerly Mahavir Spinning Mills Limited was incorporated on October 8, 1973. The Company's name was subsequently changed from 'Mahavir Spinning Mills Limited' to 'Vardhman Textile Limited' on September 5, 2006.The Company is one of the leading textile manufacturers of India offering the largest range of textile products across fibre (acrylic), yarn and fabrics. Headquartered in Ludhiana, it is one of the leading textile conglomerates of India. Presently, it is engaged in manufacturing of cotton yarn, synthetic yarn and woven fabric. The Company expanded its product offerings and entered into strategic alliance with leading global textile players to gain access to state-of-the-art technologies. Yarn constitutes the largest business for Vardhman Textiles with over 1,00,000 spindles and has a capacity to manufacture over 670 MT of yarn per day. Vardhman Textiles is one of the very few vertically integrated fabric manufacturers in India producing fabrics for both tops and bottoms in the apparel segment serving large retailers across USA, Europe, Asia and other emerging nations. The company has pioneered the development of a wide variety of fabrics. The company's fabric division has a weaving capacity of over 193.4 million meters per annum and proces...