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Nahar Spinning Mills Limited Started out as a tiny worsted Spinning & Hosiery unit in
Ludhiana. It was incorporated as a Private Limited company in December, 1980 and became a
Public Limited Company in 1983. The steady growth in manufacture and Export of
woollen/cotton hosiery knitwears and woollen textiles enabled the company to earn the
recognition as an "Export House" followed by a "Recognized Trading House" by the
Government of India in a short span. Its turbo-charged performance brought them a host of fresh
laurels.. They include the "National Export Trophy" by the Apparel Export Promotion
Council. The latest is the Silver Trophy for Second Highest Exports of Yarn in Counts 50s and
below under the Category III and Silver Plague for the Second Highest Exports of Processed
Yarn under the Category I by TEXPROCIL for the year 2014-15.
In 1992, as a measure of backward integration, the company diversified into the Spinning
Industry by putting up a Spinning Plant at Village Simrai, Mandideep, Distt. Bhopal. To produce
high quality value added Yarn for exports, company also put up Spinning Units at Village
Jalalpur, Distt. S.A.S. Nagar, Village Jodhan, Distt. Ludhiana and Village Jitwal Kalan, Distt.
Sangrur, Punjab. The present spindlage capacity of the company is 5.00 Lacs (approx.) spindles
and 1080 Rotors.
Simultaneously the company also established an ultra modern facility to manufacture 12.5
million pieces of Hosiery Garments. Today, Company's products i.e. T-Shirts are being exported
to reputed international brands such as GAP, Arrow, Old Navy, Banana Republic, Chaps etc.
As a measure of further value addition in the Company's product the Company has put up a
Mercersing cum dyeing plant with a capacity of 4.5 M.T. per day at Village Lalru, S.A.S. Nagar,
Punjab. The superfine quality Yarn produced by the unit is being used by the manufacturers of
fine quality Garments for exports. The unit is catering to both, the domestic hosiery garment
market as well as export markets.
An ISO 9002 company, the Company has 7 multi location plants, a range of products, over 60%
of which is aimed at export markets USA, UK, France, Brazil, Bangladesh, Mauritius,
Hondurus, Argentina, Colombia, Peru, Chile, Netherlands, Japan, Canada, Korea, Taiwan,
Hongkong, Singapore, Egypt and Russia.
The Company's mantra "World is our markets" is truly reflected in its operations. The Company
is one of the largest integrated textile player in India. The Management vision coupled with
company's inherent strength in terms of cost and quality has enabled the company to become the
second largest Cotton Yarn manufacturer in India.
The Management
Group is formed with the vision of Late Sh. Vidya Sagar Oswal.He had a long stressful journey
from simple layman to big business Tycoon. With his hardwork, patience and intelligence he
reached to the highest level of being considered as a doyen of Industrial revolution in hosiery in
Ludhiana. He had a strong stable personality. Despite many hurdles in life he had a strong
determination & faith in life and never lost hope to achieve what he wanted to achieve. The
brave man, a great fighter, a revolutionist, a great thinker, a great teacher and above all a great
philanthropist, he always thought progressively and was responsible for Industrialist revolution
first and later Medical revolution by setting up the biggest comprehensive Cancer Care Hospital
in the city of Ludhiana on 1984.
Management Strength
Vision is the key. Without vision there can be no mission, no agenda to road map the future.
Vision provides the vital differential between the ordinary & extra ordinary, defining the cutting
edge that powers organizations way above & beyond competition. No progressive group can
ignore this vital input.
Kamal Oswal
Dinesh Oswal
Globalization offers exciting challenges that can be converted into rewarding opportunities only
if you are sharply attuned to the ground realities pertaining to business and industry. At the end
of the day, words remain words. Explanations remain explanations. Promises remain promises.
Only performance speaks.
Our Philoshpy
At Nahar, each company continues to practice good Corporate Governance. The Group firmly believes
that good Corporate Governance is the key to success in business. The Groups corporate philosophy
envisages creation and maximization of Shareholders/Stake holder's wealth while observing the
highest levels of transparency and accountability.
Conflict of Interest
No Director or Senior Management Personnel shall engage in any business or activity or enter into any
relationship which might result in conflict of interest with that of the company unless he/she makes
full disclosure of all the facts and circumstances to the Audit Committee and obtains written approval
of Chairman or Managing Director of the company.
Products
Textiles
o Monte Carlo Fashions Limited
Yarns
o Nahar Spinning Mills Limited
PolyFilms
o Nahar Poly Films Limited
Nahar has capability to produce from most coarse to finest yarns with the latest state-of-art
machineries: Blow Rooms from Trumac & Trutzchler equipped with Bale Pluckers, Vision Shield;
R&D Equipped with uster-hvi900/hvi- Spectrun and Advanced Fiber Information System (Afis), ZWEIGLE
Fabric Stimulation System, OASYS-Hairness Tester , MESDAN- Spliced Scanner and complete range of
Fiber, Yarn and Fabric testing equipments.