Mandhana Industries

Mandhana Industries Limited
Industry Textile
Founded 1985
Founder Purushottam Mandhana
Biharilal Mandhana
Headquarters Mumbai, Maharashtra, India
Area served
 Worldwide
Key people
 Manish Mandhana
(Managing Director)
Products Fabric, Garments
Revenue INR 1,684.98 cr (Mar 2015)[1]
INR 282.60 cr (Mar 2015)[1]
Number of employees
 6,000 (2015)[1]
Website www.mandhana.com

Mandhana Industries Limited is an Indian diversified textile and apparel manufacturing company, headquartered in Mumbai, Maharashtra. The company owns businesses across India engaged in manufacturing of textiles and garments, apparel designing, yarn designing, yarn dyeing, weaving, processing, dyeing and garment manufacturing.

History

1984 - 2004

The company was incorporated in 1984 by Mr. Purushottam Mandhana and his brother Mr. Biharilal Mandhana. The organization started with a processing unit with a capacity of 10,00,000 metres per month and began exporting fabric in 1998. In 2002, the company set up a weaving unit in Tarapur with a capacity of 5,00,00 m per month. In 2003, the company entered the manufacturing of garments with a unit in Bengaluru to produce 1,20,000 garments per month. In 2004, the company augmented weaving its weaving capacities in Tarapur with 2,00,000 m per month.

2005 – Present

In 2005, the company increased the capacity of its Tarapur plant to a capacity of 8,00,000 m per month and also set up a new yard dyeing plant in the same location with a capacity of 1,50,000 kg per month. In the same year, Mandhana Industries entered international markets with Mandhana Europe set up with its liaison office in Paris. In 2006, the company set up new garment units in Bengaluru and Mumbai to manufacture an additional 1,30,000 garments every month. An additional garment unit in Bengaluru was then set up in Bengaluru to roll out additional 50,000 pieces monthly. In 2009, the company commenced Continuous Dyeing Range/Continuous Bleaching Range processing with printing having a capacity of 26,00,000 m per month and also increased the capacity to 1,00,000 kg per month in the yarn dyeing unit.

In 2010, the company raised an IPO of INR 107.90 Cr. 2011 saw the company increasing its weaving capacities from 15,00,000 m per month to 30,00,000 m per month. In 2011, Mandhana collaborated with Being Human – The Salman Khan Foundation [2] and in 2012, launched Being Human Clothing in the Middle East through a strategic tie – up with the Landmark Group, and in India in 2013. The company successively established a garment unit in 2013 in Tarapur with a capacity of 20,00,000 pieces annually and another in Baramati with a capacity of producing 20,00,000 pieces annually

Operations

Mandhana Industries Limited is currently headed by Manish Mandhana as its Managing Director and has more than 6000 employees working across all its departments.

Through Being Human, the company has established a retail presence across India, Europe, the Middle East, Australia and many other countries, a total of 15 markets worldwide.

It is currently associated with companies like Quiksilver, River Island, Mango and Inditex group in the apparel exports market. In the textile sector, its clientele includes brands like Allen Solly, Louise Phillipe, Van Heusen, Indian Terrain, Benetton, Pepe Jeans and Wills Lifestyle. The company is also the preferred partner to brands like Esprit, Zara, Marks & Spencer, H&M, Next, POLO and Abercrombie & Fitch.

Organization Leaders

Purshottam C. Mandhana is a founder of Mandhana Industries Limited and serves as its Chairman & Managing Director. He has been a Director at the company since July 25, 1984 and has over 29 years of experience in the textile industry. He has also set up the weaving units and helped modernize the process units. [3] [4]

Biharilal Mandhana is a co-founder of Mandhana Industries Limited and has been its Executive Director since July 25, 1984 with over 35 years of experience in the textile industry. He oversees the raw material requirement of the organization and is an in-charge of its fabric division. [5]

Manish Mandhana is the current Managing Director of Mandhana Industries Limited as well as a director of four other group companies. He has a background in finance and commerce and has headed the company for the last 20 years. Manish Mandhana played a key role in the company’s alliance with Being Human in 2011. [6]

Corporate Social Responsibility

Mandhana Industries is a SA8000 company certified for social accountability. The company addresses humanitarian causes in education and healthcare through the Being Human Foundation. [7]

Awards and recognition

List of awards won by Mandhana Industries Limited[8]

See also

References

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