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Introduction: Vardhman Group is a leading textile conglomerate in India having a turnover of $700 mn.

Spanning over 24 manufacturing facilities in five states across India, the Group business portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and Alloy Steel. Vardhman Group manufacturing facilities include over 9,27,430 spindles, 55.5 tons per day yarn and fibre dyeing, 900 shuttleless looms, 90 mn meters per annum processed fabric, 33 tons per day sewing thread, 20000 metric tons per annum acrylic fibre and 100,000 tons per annum special and alloy steel. Vardhman has evolved through history from a small beginning in 1965 into a modern textile major under the dynamic leadership of its chairman, S.P.Oswal. His vision and insight has given Vardhman an enviable position in the textile industry. Under his leadership, Vardhman is efficiently using resources to innovate, diversify, integrate and build its diverse operations into a dynamic modern enterprise.

Mission: Vardhman aims to be world class textile organization producing diverse range of products for the global textile market. Vardhman seeks to achieve customer delight through excellence in manufacturing and customer service based on creative combination of state-of-theart technology and human resources. Vardhman is committed to be responsible corporate citizen.

S P Oswal, Chairman - Vardhman Group

Philosophy: Across the boundaries of time and space, the best transmission and perseverance of culture, values and philosophy is only through the hearts of people. 1) Faith is bright future of indian textiles and hence continued expansion in areas, which we know best. 2) Total customer focus in all operational areas. 3) Employees in Vardhman are its most valuable resource and development of business and of employees must go hand in hand. 4) Every employee is special and unique in his own field and has infinite potential to make contribution to the organisation. 5) Merit is the most important criteria for recruitment and reward.

6) Creativity and innovation in technology and management through our people is our competitive edge. 7) HR processes facilitate consistent improvement in performance, productivity and effectiveness through mutually agreed stretched targets. 8) Continuously strive to improve quality of work-life for total job satisfaction and social harmony for the employees. 9) HR prepares people to accept and adapt to change and learning as a way of life. 10) HR promotes high standards of discipline at the workplace and compliance with the laws of the land. 11) Prepares youth for executive role in business as a major social responsibility. .

History: The industrial city of Ludhiana, located in the fertile Malwa region of Central Punjab is otherwise known as the "Manchester of India". Within the precincts of this city is located the Corporate headquarters of the Vardhman Group, a household name in Northern India. The Vardhman Group, born in 1965, under the entrepreneurship of Late Lala Rattan Chand Oswal has today blossomed into one of the largest Textile Business houses in India. At its inception, Vardhman had an installed capacity of 14,000 spindles, today; its capacity has increased multifold to over 8 lacs spindles. In 1982 the Group entered the sewing thread market in the country which was a forward integration of the business. Today Vardhman Threads is the second largest producer of sewing thread in India. In 1990, it undertook yet another diversification - this time into the weaving business. The grey fabric weaving unit at Baddi (HP), commissioned in 1990 with a capacity of 20,000 meters per day, has already made its mark as a quality producer of Grey poplin, sheeting, shirting in the domestic as well as foreign market. This was followed by entry into fabric processing by setting up Auro Textiles at Baddi and Vardhman Fabric at Budhni,Madhya Pradesh. Today the group has 900 shuttleless looms and has processing capacity of 90mn meters fabrics/annum. In the year 1999 the Group has added yet another feather to its cap with the setting up of Vardhman Acrylics Ltd., Bharuch (Gujarat) which is a joint venture in Acrylic Fibre production undertaken with Marubeni and Exlan of Japan. The company also has a strong presence in the markets of Japan, Hong Kong, Korea, UK and EU in addition to the domestic market. Adherence to systems and a true dedication to quality has resulted in obtaining the coveted ISO 9002/ ISO 14002 quality award which is the first in Textile industry in India and yet another laurel to its credit.

Portfolio: The group portfolio includes Yarn, Fabrics, Sewing Thread, Fibre and Alloy Steel.

Performance: During the last 17 years, Vardhman Group has recorded 13.2 percent top line growth rate, which is higher than the industry average growth rate. The Group turnover has grown from Rs 723 crores in 1995 to Rs 5252 crores (about USD 1.1 billion) in 2011-12. The exports has grown from negligible level in early nineties to Rs 1688 crores (USD 352 million) in 2011-12. Overview: To face the challenges of the New World order, Vardhman attaches great importance to the development of its main resource -People. At its core lies the recognition and respect for individual dignity and human values. It is the caliber and professionalism of its people that has helped Vardhman maintain its leadership in competitive environment. At Vardhman people understand the market expectations and competitive challenges. The emphasis is on fostering innovation and creativity at work so that the employees can translate uncertainties into opportunities and opportunities into accomplishments. Training and Development: With a view to enhance their skills, Vardhman continuously train its people across all functions, levels and disciplines of the organisation. It has designed elaborate training and development programmes that encompass the technical, managerial, behavioral and spiritual growth of its employees. A full-fledged training centre -Vardhman Training and Development Centre (VTDC)-at Ludhiana has been set up for this purpose. Apart

from this, managers participate in training programmes at some of the best institutes like Harvard Business School, IMD Switzerland, and IIMs in India.The key programmes which cover the entire training are:

Induction and scheme programmes Managerial / generic / behavioral programmes Functional programmes

Apart from training VTDC provides the residential facility for the training faculty as well as to the trainees. One can really enjoy the lush green environment at VTDC and chisel himself towards perfection. During training VTDC provides the messing facility where one can enjoy warm meals. It has good recreation facility which includes indoor and outdoor games. Library provides ample books and learning opportunity as well. VTDC act towards building up the personality of individual and strive towards self and organizational development. Recruitment Schemes: The Vardhman group recruits Engineers, Management Graduates & others from different Campuses under various schemes described below. Campus Schemes:

TGT - Textile Graduate Trainee for B Tech in Textile Technology & Textile Chemistry GET - Graduate Engineer Trainee for B Tech/BE in Mechanical/ Electrical /Electronics/ Chemical etc.,

TDT - Textile Diploma Trainee for Diploma holders in Textile Technology/Chemistry DET - Diploma Engineer Trainee for Diploma Holders in Non-Textile Engineering trades MT - Management Trainee for MBA pass outs

Off Campus Scheme

ET - Executive Trainee Scheme intended for fresh Graduates for various non-technical functions.

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