Mr. Nanakchand Mutreja, Chairman, founder of Valson Industries Ltd. (VIL) started his carrier by producing Suitings & Shirtings with power looms. He firmly believed in producing quality fabrics, which resulted in strong goodwill in the market.
Mr. Suresh Mutreja, Managing Director (Son of Nanakchand Mutreja) then entered into the arena of polyester dyed yarns and set up a company called Valson Synthetics Pvt Ltd. on 2nd June.
After earning a good name and seeing a good potential in textile field, VIL came out with a Public Issue which was fully subscribed under the name Valson Synthetics Ltd and later the name has changed to Valson Industries Ltd. in October 1998.
Mr. Lalit N. Mutreja, Marketing skills, the yarn texturising capacity at Silvassa has been already increased to 3000 tpa from 1200 tpa (who had retired subsequently w.e.f. 14th November 2014).
The Company has been able to generate a healthy cash flow all throughout the year mainly due to strong Brand Equity ‘VALSON’ and sound working capital management. During the year of review, the Company carried out in-house Research & Development Programme in the nature of development of innovative shades at Andheri, where new shades are constantly developed and introduced in the market for commercial acceptance.
The Company has acquired all the necessary Equipment’s for quality Cotton Yarn Dyeing which were successfully commissioned during April 1999. The Company has done the necessary and required expansions on regular basis as young & dashing Mr. Kunal Mutreja joins his hands to his family duties.
2005 – 2008
During this period the company had done the continuous need based expansion and replace the outdated machinery with techno and power savynew machine and increase substantial capacity of Texturising, Twisting and Dyeing.
2009 – 2011
By seeing the vision of good future of Textile Market the Company had acquired a plot of land 8200 sq. mtrs at silli Village for future projects.
2012 – 2014
The young & dashing Mr. Varun Mutreja, MBA from Cardiff University London joins his hands to his family duties. Under his supervision the Company has set up a new unit at Silli and constructs 36000 sq. feet building to facilitate the substantial capacity of Texturising and Twisting. The Expansion cost was Rs. 11 crores. Mr. Varun has also started looking after Export and it’s his vision and efforts the company exports has reached upto Rs. 6.75 crores as on March 2014 which was almost 4.5 times compare to March 2012. The Company has gets the status of Export house.
The company has taken a firm steps to reduce the fixed cost and minimized the variable cost, Administration cost and other miscellaneous cost it has sold it’s three small units situated at UT Dadra & Nagar Haveli and shifting its plant and machinery to Silli units in it’s newly constructed 40000 sq. feet new building which can also utilized for future expansion. The company has started constructing 24000 sq. feet Vapi by keeing in mind future need base expansion in existing unit.