India's leading compact cotton yarn manufacturer, SVP Global Ventures has been renamed as, SVP Global Textiles. The company is mainly engaged in manufacturing cotton yarn. It plans to be a fully integrated textile company with forwarding integration into fabric and garments. It has already ventured into technical textiles with an investment of Rs100 crore in setting up a green-field facility at Jhalawar, Rajasthan with a capacity of 4,375 MT per annum.

Established in 1898, by Shri Vallabh Pittie, SVP Group manufactures polyester, polyester and cotton blend, and 100 per cent cotton yarn across 3 state-of-the-art manufacturing facilities in Jhalawar, Rajasthan; Ramnad , Coimbatore and Sohar Oman. The company has a 125-year legacy in textiles and aims to become a world-leading, fully integrated textile company in manufacturing yarn, fabric and garments.

The company is also setting up a 4,375 mt per annum Greenfield facility for technical textiles at Jhalawar, Rajasthan. The facility will manufacture protective uniforms and functional garments, medical textile, mobiltech, anti-odor and antibacterial knitted fabric for medical and cosmetic uses in apparel and expand gradually in other products.

The company plans to commence commercial production in 12 to 15 months and expects around Rs175cr revenue per year from the technical textiles.