SHARMANJI YARNS - A Father's Dream, A Son's Mission

By BWA Envoy
October 27, 2022
3 Minutes Read

A famous author and inventor once said, "Every father should remember that one day his son will follow his example instead of his advice." Similarly, following their father's example, a passionate business developer Mr Ashu Jain and his elder brother Late Sunny Jain incorporated their father's hard and unbridled work under the banner of Sharmanji Yarns Pvt. Ltd (www.sharmanjiyarns.com).

The company Sharmanji Yarns is engaged in the manufacturing of cotton yarn & polyester cotton yarn on ring spinning systems. A pride of the Indian textile sector, Sharmanji Group started its journey with its first founder Jatinder Kumar Jain in 1958 and then joined by his sons Sunny and Ashu in 1990. Since then, Sharmanji Yarns has not looked back. Yet, just like every other dream or work sometimes has a setback, Sharmanji Group also had one. Mr Jatinder Kumar Jain lost one of his sons' Sunny. Now also remembered as the founder of Sharmanji Yarns Pvt. Ltd. Late Sunny Jain and his brother Mr Ashu Jain incorporated Sharmanji Yarns as a private limited company in 2002.

Since then, Ashu Jain, now the Managing Director of Sharmanji Yarns in his father and brother's stead, has brought this group to an immeasurable height and has proven to be a megastar in playing his role for this yarn manufacturing company. From carrying on his father's legacy to proving India's mettle in textile production, Ashu Jain has portrayed pure leadership skills. With five more directors, Mr Udbhav Jain, Ms Monika Jain, Ms Dipali Jain, Mr Vaibhav Jain, Mr Tarsem Jain, and a 1000+ army of on-roll employees, Ashu is getting all the help required to achieve his dreams. With its registered office and spinning unit located in Ludhiana, the heart of the North Indian textile industry, Sharmanji Yarns has successfully established 129456 spindles since incorporation.

Cotton procurement is done mainly from neighbouring states such as Haryana and Rajasthan. Prime customers of the company are Sharman Yarn Agency, Lamba Enterprises, K.R. Yarns Private Limited, Kriti Spinners Pvt. Ltd, Goyal Yarn Agency, Shyam Polyspin Pvt. Ltd, Vaishno Textiles, Shiva Overseas, Jain Yarns, and Jindal Denims Inc. The company achieved a turnover of INR 601.98 Crores in FY20.