MUMBAI-HEADQUARTERED SVP GROUP, WHICH was founded by Shri Vallabh Pittie Group in 1898, carries a deep family legacy of producing textiles for many many years. However, unlike many of its peers which left behind when the competition and technological disruptions hit the market, SVP went ahead with heavily investing in manufacturing technology and latest machines for the future. In most of its initial phase, the company focused primarily on trading while relying on third parties for manufacturing. It was in 2007 when the company decided to establish its own manufacturing unit with the acquisition of its first plant in Palani Distt of Tamilnadu. Soon it acquired two more plants at Coimbatore and Ramnad in 2010. The big transformation came when the company set up the most modern, AI based, state of the art plant at Jhalawar, Rajasthan in a record 15 months in 2016. Backed by advanced manufacturing facilities, SVP went global in 2019 and set up another plant at Sohar, Oman. Today, with a total capacity of 5,48,000 spindles and 5900 rotors across its plants, SVP has become one of the largest compact cotton yarn manufacturers in the world.
The domestic market includes Ichhalkaranji, Bhiwandi, Ahmedabad, Surat, Wapi, Silvasa and Bhilwara in India. Whereas, internationally, it supplies to Vietnam, Bangladesh, China, Pakistan, Turkey and Portugal.
In an exclusive interview with Manufacturing Today, the company’s CEO OP Gulia shares how the century-old textile company shed its legacy baggage to embrace smart manufacturing to become one of the leading suppliers of combed compact cotton in the world.
Here are the excerpts:
What steps did you take as part of the transformation of the manufacturing process?
Denne historien er fra June 2021-utgaven av Manufacturing Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra June 2021-utgaven av Manufacturing Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Why expertise in process fluid solutions is key to aerospace manufacturing performance
India's aerospace sector has become a global hotspot for innovation, supported by a skilled workforce, cost advantages, and conducive policies. With top multinational corporations setting up manufacturing bases in the country, the industry is on an impressive growth trajectory.
AUTOMOTIVE: Auto PLI scheme drives Rs 20,715 Cr investment, boosts sales by Rs 10,472 Cr
With ongoing support for EVs and battery storage, India is set to lead in automotive technology.
Airbus selects Indian manufacturers for key A220 door parts
The collaboration between Dynamatic Technologies and Aequs underscores their shared dedication to excellence and innovation in aerospace manufacturing.
L&T secures ₹7,628 cr contract for Vajra artillery guns
The Ministry of Defence has signed a ₹7,628 crore agreement with Larsen & Toubro (L&T) for the procurement of K9 Vajra self-propelled artillery guns to strengthen the Army's firepower.
Jaya Hind Industries Crafting the Future of Manufacturing Through Innovation and Precision
India’s manufacturing renaissance owes much to Jaya Hind Industries Private Limited, a trailblazer in the sector for over seven decades. Part of the esteemed Dr Abhay Firodia Group, the company began its journey in 1947, evolving from a producer of basic auto components into a global leader in aluminium diecasting solutions. Serving some of the most respected Original Equipment Manufacturers (OEMs) worldwide, Jaya Hind has consistently redefined manufacturing excellence.
DIGITALIZATION: Digital transformation for chemical plants
The Indian chemical industry, contributing 7% to GDP, embraces digital transformation, IoT, and AI to enhance safety, sustainability, energy efficiency, and predictive maintenance.
What's next for the manufacturing industry in 2025?
Industry opinion on the year ahead in manufacturing.
Closing the skills divide
Bridging India's skills gap in manufacturing and engineering is crucial for equipping the workforce with the necessary expertise in emerging technologies like AI, IoT, and automation
Machine tools surge
From cutting-edge technology to global integration, these developments are reshaping India's machine tools industry and paving the way for its transformation and growth.
SHAPING THE FUTURE OF MANUFACTURING WITH INNOVATION AND COLLABORATION
Rajendra S. Rajamane, President of IMTMA, discusses how IMTEX 2025 will showcase emerging technologies, promote global collaborations, and tackle industry challenges.