SVP Global Textiles Ltd Company Summary

SVP Global Ventures Ltd. (SVP) is a diversified yarn manufacturing company, incorporated in 1982, and is listed on the Bombay Stock Exchange. As the holding company for the entire Textile branch of ShriVallabh Pittie Group, SVP Global Ventures employs a top-down approach to achieving excellence via a collaborative and sustainable effort throughout its organizational structure.SVP is a professionally managed company, led by a dynamic promoter Mr. Chirag Pittie. Mr. Pittie received his BSBA degree in Finance and Management from Boston University, USA. Since then, he has methodically brought SVP Global Ventures to the forefront of textile innovation and the epitome of corporate social responsibility. This passion for creating a climate of excellence and accomplishment is shared by the rest of SVP Globals exceptionally talented Management Team.Headquartered in Mumbai, the company owns 3 units at Coimbatore, Palani, Madurai in Tamil Nadu for manufacturing Polyester & Cotton Blended Yarn. Manufacturing facility is fungible between specialized cotton, polyester and blended yarns depending on customer preference and demand scenario. The Company has built some good brands in the yarn market that enjoy a good standing and reputation like DG TEX/SVP/SVRP. SVP has strong expertise in sourcing best quality raw materials leading to higher quality yarns. Looking to its future and capitalizing on the extensive experience of its Management Team, SVP Global Ventures has now embarked on its largest initiative yet: the Company is setting up textile manufacturing facilities in the state of Rajasthan, at the RIICO Industrial Area in Dhanodi, District of Jhalawar. These new units will produce high quality compact yarn which are Low on hairiness, higher strength and elongation, less fiber fly, significant advantages in downstream processing.