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SSM is a small cap company with a market cap of ₹936.75 crores. [6] Siyaram's manufactures and sells fabrics , [ 7 ] ready-made men’s and women's apparel, home furnishing, and yarns. [ 1 ] [ 3 ] [ 8 ] [ 9 ] SSM is associated with over 1 lakh retail outlets , [ 2 ] and has over 170 branded showrooms spread across the nation. [ 9 ]
Grasim Industries Limited is an Indian manufacturing company based in Mumbai.Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, chemicals [2] and insulators, along with cement and financial services through its subsidiaries UltraTech Cement and Aditya Birla Capital respectively.
A new manufacturing facility was set up at Jalgaon (Maharashtra) during the year 1979 to meet the increasing demand for worsted woollen fabrics. In the year 2000, Vijaypat Singhania handed over his company to his younger son Gautam Singhania and in the year 2015, he gave 37.57% of the total shares to him.
The company manufactures cotton shirting, denim, knits and bottomweight fabrics. It had also recently ventured into technical textiles with its Advanced Materials Division in 2011. [3] The company is India's largest denim manufacturer. [4] Sanjaybhai Lalbhai is the current Chairman and managing director of Arvind and Lalbhai Group.
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The company was founded in 1994 by Sunder Genomal and his brothers Nari and Ramesh, and together they hold a 54% stake in it. It has 14 operational manufacturing plants in India- 5 in Bangalore , 3 in Hassan , 2 in Mysore and 1 each in Tiptur , Gauribidanur , Tiruppur and K.R. Pet as of March 2024.
In 2010, there were 2,500 textile weaving factories and 4,135 textile finishing factories in all of India. [3] According to AT Kearney’s ‘Retail Apparel Index’, India was ranked as the fourth most promising market for apparel retailers in 2009. [4] India is the second largest producer of fibre.
The following year saw the company launch their export operations and quickly established a strong presence overseas, with offices in the Middle East, Europe, and Africa. In 1994, Lux organised the first Dealer's Conference in the Indian hosiery industry and also established the industry's first International Dealers' Tour. 1995 saw the company ...