Suchita Oswal Jain: Weaving The Success Story Of Vardhman Group

Suchita Oswal Jain is a third-generation entrepreneur. The Vice President and Joint Managing director of Vardhman Textiles, Jain joined her family business at the age of 22. The Vardhman group was founded by her grandfather Rattan Chand Oswal founded Vardhman Group along with her father S.P. Oswal, now the Chairman.

Having spent over three decades in her professional role, she was instrumental in the group’s major decision of moving from producing yarns to manufacturing fabrics. From 64 looms, the company grew to 1544 looms with her vision and approach.

Under her expert guidance, Vardhman Textiles has become the leader in apparel fabrics. Their client base includes Benetton, Marks & Spencer, H&M and Uniqlo. The company has over 20 production units spread across 5 states of Punjab, Himachal Pradesh, Madhya Pradesh, Gujarat and Tamil Nadu. The company employs over 30,000 people in these units.

Jain is a Member of the National Executive Committee of FICCI, a board member of the International Textile Manufacturers Federation and member of Young President’s Organisation. She has been awarded the Outstanding Woman Leader Award at the 8th World Women Leadership Congress and India CSR Leadership Award 2021.

She has also raised two daughters who are now ready to take the reins of the company and take it to the next level. They are already actively involved with Vardhman Textiles.

Jain credits her success to her parents. She opines that it was their encouragement that helped her take her family business to much greater heights. She strongly feels that the Vardhman group runs on strong values, merit and a futuristic approach.