Ms. Suchita Oswal Jain: Transforming Vardhman Textiles into a Textile Powerhouse

As the Vice Chairman and Joint Managing Director of Vardhman Textiles, Ms. Suchita Oswal Jain has steered the company to remarkable heights, turning it into one of India's leading textile conglomerates.

Early Beginnings and Education

Ms. Suchita Oswal Jain joined the family business in her twenties, at that time, there weren’t many women at the helm of companies. But she says she never felt awkward as it “came from within”. She pursued education from premier institutes like IIM Ahmedabad, London Business School and INSEAD Paris.

About Vardhman Textiles

Under her leadership, the Group has an annual processing capacity of 180 million meters of fabrics, providing direct employment to over 30,000 people. With her vision, Vardhman Group, with a turnover of 1.60 Billion Dollars, is the largest manufacturer of cotton yarn in India with 1.19 million of spindle count and has the capacity to manufacture over 1.8 million premium quality shirts every year. The Group exports to over 75 countries and has 15+ manufacturing units strategically located across 4 states in India.

Empowering Women: A Cornerstone of Success

Ms. Suchita Oswal Jain is a champion of women empowerment. Her company employs over 35 percent women in its workforce. It was also the first in Punjab to attain the government’s approval for women to work in night shifts.

Leadership and Innovation

As the Vice Chairman and Joint Managing Director, she plays a pivotal role in formulating the group's strategy, corporate social responsibility (CSR) initiatives, governance policies, corporate services and new projects. Sustainability and digitalization are her current focal points.She believes in maintaining a long-term vision while remaining agile in adapting to change.

Recognition and Impact

Ms. Suchita Oswal Jain's remarkable contributions have earned her numerous accolades and recognitions. She is on the Board of International Textile Manufacturers Federation (ITMF) and also a regular member on committees constituted on various Textile Industry related issues by CII (Confederation of Indian Industries), FICCI (Federation of Indian Chamber of Commerce and Industry) etc.

She has been featured in Business Today's list of "The Most Powerful Women in Business" in March’23, Business World's list of "Most Influential Women" in March’23 and Times Group has also recognized her as the “Women in Leadership” award in May’23.

 In August 2023, she is honoured as the "CSR Person of the Year" at the “India CSR Awards”.

Corporate Social Responsibility (CSR): A Commitment to Development

Ms. Suchita Oswal Jain's commitment to societal well-being is evident through Vardhman Textiles' robust CSR initiatives. Vardhman Group's CSR efforts extend to healthcare, rural development and environment conservation.

Under Vardhman School and Development Program( VSDP), So far, 165 Schools and 78 Anganwadis have been covered with 64K plus students as beneficiaries.

Under her leadership, for generating awareness among adolescent girls about menstrual hygiene management, Vardhman launched “Project Nandini”. So far, 19 Govt. Schools, 8 Slum Areas have been covered with 21K plus beneficiaries.

Leadership Style –

Ms. Suchita Oswal Jain's leadership style emphasizes inclusive growth and enduring relationships. She encourages feedback and constructive criticism, fostering a culture of skill development and talent promotion within the organization.

In conclusion, her transformative leadership has propelled Vardhman Textiles to new heights, empowering not only the company but also the communities it serves. As a trailblazer for women empowerment and a driving force for sustainability, Ms. Suchita Oswal Jain continues to inspire and lead by example in the world of business.