Company Profile: Oswal Group is a prominent Textile Conglomerate of North India that emerged out of its parent-Vardhman Group in the year 2003 after a family settlement. Vardhman Polytex Limited (VPL) is the flagship company of the Group with multiple production facilities located at Bathinda, Ludhiana, Nalagarh. With spinning remaining as the area of core competence, Oswal Group has grown manifold, adding dyeing, weaving and garmenting facilities to its portfolio. Weaving was established in 2006 with a state-of-the-art facility in Maharashtra, in Joint Venture with F.M. Hammerle of Austria, a company engaged in premium yarn dyed shirting since 1836. Subsequently, FM Hammerle was acquired and merged with this facility located at Kohlapur. In 1990 we changed the name from Punjab Mohta Polytex to Vardhman Polytex and in 2003 emergence of Oswal Group (Demerged from Vardhman Group) took place. In 2004 our shares...Read More
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