Varun Industries Limited is recognized today as a highly proactive company creating for itself opportunities of growth and relentlessly forging ahead in the pursuit of excellence.The company was established in 1989 as a small trading house and in March 1996 was incorporated as Varun Continental Ltd which was changed to Varun Industries in April 2005. The company was listed in November 2007 on both Bombay Stock Exchange and National Stock Exchange after a very successful Initial Public Offer (IPO).
The Varun brand of stainless steel cookware, kitchenware, houseware and other utility items has been a global favourite for decades winning for the company awards and accolades from the government, Federation of Indian Export Organizations and Export Council. The range is associated with quality, exclusivity and cost effectiveness. Designs have been customized for specific cultures and countries in close consultation with our buyers across the world.
To improve cost efficiency, Varun has opted for backward integration and manufactures stainless steel sheets at its ultramodern Re-Rolling Plant in Jodhpur for captive consumption and also for domestic sales. The company will optimize its competency in this area and increase capacities. Varun’s manufacturing plant for finished products in Vasai, Maharashtra is also poised to increase capacities so as to further reduce dependence on outsourcing and improve efficiencies in the areas of design, quality, cost, customization and logistics.
Varun’s vision is to emerge as a leading multi faceted conglomerate through diversification into areas promising sustainable profits and accelerated growth.
Through its subsidiaries and associate companies, Varun has business interests in gems and jewellery, oil and natural gas, wind energy, mining, infrastructure and other related areas. The company focuses on emerging opportunities with a view to forming collaborations both local and global In March 2009 Varun was bestowed with the coveted honour of featuring in the list of Dun & Bradstreet’ India’s Top 500 companies 2008. Varun has been ranked 4th as per Total Income in the Trading Sector, a commendable achievement for a newly listed company.
Business area of the company:
Steelware products -- Export