Company Profile: Sri Velayudhaswamy Spinning Mills Private Limited (SVSM) is a leading name in the Indian textile industry and was a part of Sri Shanmugavel Mills Group (SSM). Our company produces cotton yarn (ring spinning), with primary focus on the count range of 30s as it enjoys an established presence in domestic, sells its produce mainly to the domestic customers.
SVSM has an installed capacity of 40,464 spindles and 3,872 rotors, also have 7 no’s of WEG with aggregate capacity of 6 MW. Company has recently commissioned 10MW of Solar power plant for captive power consumption. With this, spinning units is 100% Captive in power from renewable sources. Our group Turnover for the FY 2023-24 is Rs.600 Crore.
Current Markets and Expansion Areas: All over India and Overseas.
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