Vardhman Textiles is one of the largest yarn manufacturers in India, manufacturing and dyeing fibres from 12 different manufacturing facilities located across Punjab, Himachal Pradesh and Madhya Pradesh. Vardhman is the leading manufacturer and exporter of cotton yarn as well as of piece-dyed fabric.
The company is also the second largest producer of sewing threads and market leader in the area of hand-knitted yarns. Its yarn product basket is divided into three categories – commodity, compact and specialised yarns – and delivers the widest range of specialised greige and dyed yarns (cotton, polyester, acrylic and other blends).
The yarn business is its largest revenue generator accounting for nearly 60 per cent of its topline. The company’s yarn consumption is divided equally between domestic, international and captive fabric consumption. Vardhman is one of the largest cotton yarn exporters to quality-conscious markets the EU, the US and the Far East. Approximately 70 per cent of the yarn revenues are relationship-based, providing long-term revenue visibility.
Vardhman has a capacity of more than a million spindles, including 7,188 rotors. Currently, 68 per cent of its spindles are less than 10 years old. The company has invested Rs. 183.86 crores in line-balancing, debottlenecking initiatives and modernisation activities in yarn business in 2015-16.