Mandhana Industries

Mandhana Industries Limited is an Indian diversified textile and apparel manufacturing company, headquartered in Mumbai, Maharashtra.

Mandhana Industries Limited
IndustryTextile
Founded1985
FounderPurushottam Mandhana
Biharilal Mandhana
Headquarters
Mumbai, Maharashtra
,
India
Area served
Worldwide
Key people
Mandhana
(Managing Director)
ProductsFabric, Garments
RevenueINR 1,684.98 cr (Mar 2015)[1]
INR 282.60 cr (Mar 2015)[1]
US$ 70.27 cr (2015)[1]
Total assetsUS$ 16.73.87 cr (2015)[1]
Number of employees
6,000 (2015)[1]
Websitewww.mandhana.com

Operations

The company was incorporated in 1984 by Purushottam Mandhana. It 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 it  eing 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.

Mandhana Industries 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 and managing director. He has been a director at the company since 25 July 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 25 July 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]

  • Niryat Shree Gold Trophy, issued by FIEO for outstanding export performance in the category of Textile & Textile product - 2004- 05
  • Awarded Niryat Shree for stellar performance in Exports during 2004-2005
  • Federation of Indian Export Organization awarded the Niryat Shree award Gold Trophy for the year 2003-04 & 2004-05 for outstanding performance to MANDHANA INDUSTRIES LTD
  • Mandhana Industries Limited was awarded the Hira Manik Udyog Ratna in 2007
  • Being Human stood 90th Rank out of India’s Best 500 performing mid-sized enterprises, as per survey held by INC. India, International Magazine.
  • Mandhana Industries Limited was awarded the Hira Manik Udyog Ratna in 2007
  • The Udyog Rattan Awarded by the Institute of Economic studies
  • Nominated as one of the top 3 contenders among approx. 8,000 entries in the textile and apparel category of the Emerging India Award 2007 presented by CNBC India, ICICI bank & CRISIL
  • The Niryat Shree Certificate of Excellence 2008-2009
  • Mandhana Industries Limited was awarded the Niryat Shree award for year 2008-09
  • The International Trade Award 2008-09 for outstanding exporter of the year- Textiles
  • . [9]

See also

References
  1. "Mandhana Annual Report". Bloomberg.
  2. "Salman Khan's Being Human ties up with Mandhana Industries". Fashion United. 19 January 2011.
  3. "Mandhana Industries Ltd (MNDN:Natl India)". Bloomberg. Retrieved 1 May 2018.
  4. "Mandhana Industries Ltd (MAND.NS)". Reuters. Retrieved 1 May 2018.
  5. https://www.bloomberg.com/research/stocks/people/person.asp?personId=53336965&ticker=MNDN:IN. Missing or empty |title= (help)
  6. "Mandhana Ind to launch Salman's 'Being Human' clothing line".
  7. "Charities of Being Human foundation to continue: Mandhana".
  8. http://www.mandhana.com/awardspressmedia.html. Missing or empty |title= (help)
  9. (PDF) http://www.texprocil.org/cdn/gallery/3715.pdf. Missing or empty |title= (help)
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