Nahar Spinning Mills Ltd.

From 1949 when small hosiery factory was incorporated into a public limited company, to the present day, constant upward growth has symbolized the charter of a company called oswal woollen mills limited. Oswal woollen mills,established in 1949 surges ahead to establish it self as a reputed industrial conglomerate with a wide ranging portfolio from wool combing,spinning,knitting,fabric,hosiery garments etc. From starting out with 800 spindles to 25000 spindles today, from simple hosiery items to high value – added items like designer knitwear (monte carlo & canturbury).all these are no mean achievements, and what made them possible in so short a time is nothing but a miracle that combined brilliant market insight with diversification. As the company progressively increased spindlage to 2000 in the year 1960, it had already established a market for itself in the areas of hosiery knitwear & textile fabrics like blankets and shawls etc. Very soon, it became the first indian exporter of woolen garments to russia and shortly after in 1972, the company set up its owm wool combing unit – the first of several backward integration measures. Soon began the in – house processing for the woollen division. With increasing capacity & demand for its products, oswal woollen mills limited soon became a name to reckon with, both in the domestic & international markets. Research & development also received focused attention & today the company boasts of north india’s most sophisticated laboratory, approved by the international wool secretariat (iws)& is even authorized to act as a quality checking center for other manufacturers. For the domestic market the company launched ‘monte carlo’, the first truly international range of designer knitwear followed by another prestigious brand “canterbury”. Later on an ultra modern lambs wool & angora spinning plant has been set up, of which more than 50% manufacturer is for captive consumption. The balance meets the requirements of other hosiery knitwear exporters in india. This in turn means immense saving in foreign exchange for india. Further a modernization cum balancing program has been introduced to upgrade its capacity for manufacturing garments & fabrics for various government & defense departments. The group has spinning capacity of 0.55 millions cotton spindles 25000 worsted spindles with turn over of $550 million inclusive of export turnover of $175 million. The production fascility have been awarded iso 9001:2000/iso14002 certification & okotex certification. The markets of nahar group are cris crossed allover the globe. The objective is meeting the buyers expectations with consistant quality backed by r& d divisions equipped with latest equipment,cream of highly qualified technocrats and adhering to timely schedules. Today oswal woollen mills ltd. Is a company that owes its strength in the market and solidity to foresight of its chairman Sh jawahar lal oswal,the professional inputs of the board of directors and able team of highly skilled managers oswal woollen mills ltd is the flagship company of over us$ 550 millions nahar group of companies.