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SVP Global Textiles Ltd. Company History and Annual Growth Details

ShriVallabh Pittie Group is a 100 years old business group and is a part of one of the first few business communities in India. Established in the year 1898 as trading and broking in metals. ShriVallabh Ramdev Pittie was the founder member of Bombay Bullion exchange.

The group has had a diversified and glorified history of businesses in Finance, Retail, Textile, and Real Estate. However the prime focus of the company has become purely in the Textile industry.
SVP Global Ventures Ltd. (“SVP”) is a diversified yarn manufacturing company, incorporated in 1982, and is listed on the Bombay Stock Exchange. As the holding company for the entire Textile branch of ShriVallabh Pittie Group, SVP Global Ventures employs a top-down approach to achieving excellence via a collaborative and sustainable effort throughout its organizational structure.

SVP is a professionally managed company, led by a dynamic promoter Mr. Chirag Pittie. Mr. Pittie received his BSBA degree in Finance and Management from Boston University, USA. Since then, he has methodically brought SVP Global Ventures to the forefront of textile innovation and the epitome of corporate social responsibility. This passion for creating a climate of excellence and accomplishment is shared by the rest of SVP Global’s exceptionally talented Management Team.

Headquartered in Mumbai, the company owns 3 units at Coimbatore, Palani, Madurai in Tamil Nadu for manufacturing Polyester & Cotton Blended Yarn. Manufacturing facility is fungible between specialized cotton, polyester and blended yarns depending on customer preference and demand scenario. The Company has built some good brands in the yarn market that enjoy a good standing and reputation like DG TEX/SVP/SVRP. SVP has strong expertise in sourcing best quality raw materials leading to higher quality yarns. Looking to its future and capitalizing on the extensive experience of its Management Team, SVP Global Ventures has now embarked on its largest initiative yet: the Company is setting up textile manufacturing facilities in the state of Rajasthan, at the RIICO Industrial Area in Dhanodi, District of Jhalawar. These new units will produce high quality compact yarn which are Low on hairiness, higher strength and elongation, less fiber fly, significant advantages in downstream processing.

With a focus on excellent quality and distinction, continuous customer-driven innovation, and ambitious but disciplined growth strategies, SVP Global Ventures will strive to become the premier producer of quality yarns on both domestic and international scale.

TRUST, COLLABORATION, and ACCOUNTABILITY - these words form the backbone for a culture that every SVP Global Ventures employee organically learns to appreciate and love. These core values form the belief system that allows career growth opportunities for every respected individual in the Company, and that continues to drive an intelligent and loyal workforce to new levels. TOGETHER, we are up for the challenge.


2008

-Registered Office of the Company has been shifted From 167, Atlanta Building, Nariman Point, Mumbai - 400 021 To 97, Maker Tower F, 9th Floor, Cuffe Parade, Mumbai - 400 005.

2012

-Company has changed its name from Scenario Media Ltd. to SVP Global Ventures Ltd.

2015

-Company has taken land from RIICO situated at Plot. No. SP 1, Industrial Area, Dhanodi, District - Jhalawar, Rajasthan measuring 20792.76 Sq m. for proposed establishment of Industrial unit.

-SVP Global board approves investment in Citron Infraprojects.

2016

-SVP Global Ventures Ltd inaugurate its new manufacturing plant in Jhalawar

2021

-SVP Global Ventures Ltd has splits its face value from Rs. 10/- to Rs. 1/-.


2022
-Company name has changed to SVP Global Textiles Ltd. from SVP Global Ventures Ltd..
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