3/5 Kulwinder S. 4 years ago on Google
The
Vardhman
Group
is
one
of
the
largest
consumers
of
cotton
in
India.
Cotton
being
a
seasonal
agricultural
commodity,
the
Company
uses
well
thought-out
strategies
to
source
cotton
during
the
peak
marketing
period
for
its
annual
consumption
in
order
to
maintain
consistency
and
regularity
of
quantity
and
quality
for
finished
products.
Since
the
Group
is
a
major
buyer
with
substantial
financial
resources
and
a
sterling
reputation,
it
enjoys
a
preferred
buyer
status
in
the
ginning
industry
in
the
country.
Constant
monitoring
and
touch
with
ground
realities
are
the
cornerstones
of
our
sourcing
process.
Vardhman
has
dedicated
sourcing
teams
that
buy
cotton
on
spot
basis.
Their
team
surveys
cotton
fields
to
estimate
the
overall
supply.
Their
teams
also
monitor
major
cotton
producing
economies
to
determine
the
best
sourcing
mix.
They
are
preferred
buyers
for
cotton
growers
due
to
our
large-scale
purchases,
fair
deals
and
cash
payments.
They
procure
synthetic
fibers
from
India’s
largest
supplier
and
are
their
preferred
buyers.
They
follow
stringent
norms
and
conditions
for
selecting
raw
material.
We
do
100%
cotton
testing
and
5-10%
bale
testing.
Their
long-term
strong
relationships
with
suppliers
are
based
on
a
perfect
quality
guarantee
right
up
to
the
last
bale.
They
have
seven
factories
that
are
dedicated
to
decontamination
of
cotton
before
taking
to
the
ginning
mills.
They
maintain
large
inventories
assuring
consistent
supply
of
quality
yarn.
Their
state-of-the-art
storage,
testing
and
research
&
development
facilities
are
strategically
placed
to
provide
high
cost
and
supply
advantages.
Corporate
Social
Responsibility
is
the
buzzword
in
the
corporate
world,
more
so
since
it
has
been
mandated
under
Section
135
of
the
Companies
Act,
2013.
At
the
early
stages
of
operations
itself,
the
Vardhman
Group
recognised
its
possible
role
in
the
development
of
the
society
as
a
Company
and
was
conscientious
of
the
environmental
impact
of
its
activities.
Today,
we
have
a
full
fledged
CSR
program
that
encompasses
Education,
Society,
Environment
and
Health
&
Safety.
The
Vardhman
Group
has
been
engaged
in
the
social
economic
growth
around
the
local
areas
where
it
has
manufacturing
activities.
This
engagement
has
been
through
2
Trusts
(Smt.
Banarso
Devi
Oswal
Public
Charitable
Trust
and
Sri
Aurobindo
Socio-Economic
and
Management
Research
Institute)
run
by
it
as
well
as
through
direct
activities
or
projects.
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