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Founded by the Late Shri Rattan Chand Oswal, the Vardhman Group began its corporate journey with its flagship company, Vardhman Spinning & General Mill (VSGM), in Ludhiana. Established in December 1962, it commenced yarn production in 1965. It was taken forward by his son, Late Ashok Oswal who years later diversified and established Vardhman Polytex Limited in 2003. Presently, his son, Adish Oswal oversees the business.
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