About UsIn 1997, Mr. Rishi Oswal, the scion of the Oswal family and the Managing Director of Malwa Industries Limited started the denim manufacturing facility in response to the increased market demand for Jeans in the 1990's. Commercial operations started in FY97-98 and since then the company has been growing at a fast pace. Malwa's premier denim manufacturing plant is located at Ludhiana in the Punjab region, the heart of the Indian cotton producing belt. Its operations span India (where it is headquartered), Jordan & Italy. Through these operations, its products are exported to over 40countries worldwide where these are sold under some of the biggest denim brands & designer labels that come to mind. With Quality certifications such as the ISO9001, ISO14001, Oekotex & Wool mark, the name Malwa has, today, become synonymous with superlative quality & product excellence. In recognition of its excellent track record in Exports, it has been honoured with Export Performance Awards by the Govt. of India in recent years. |
Happenings / News / Press Coverage
Malwa Industries Limited, a vertically integrated textile company, producing denim fabric and garments for the Indian and international markets, is now eligible for more than 32,000 Carbon Credits as per Kyoto Protocol Treaty. This is valid annually for the next 10 years following the registration of its 6 MW Biomass (rice husk) based Power Plant with the United Nations Framework Convention on Climate Changes (UNFCCC). The Captive Plant at Ludhiana installed under the CDM (Clean Development Project) displaces the power from grid generated through fossil fuel and thus help reducing green house gases. The Plant has commenced generation in the first half of this fiscal and will bring down power costs significantly. Mr. Tarun Chawla, President (Denim), Malwa Industries Ltd., said, “India is emerging as a serious player in the Global Carbon Credits market and this effort by Malwa Industries Ltd will help clean the environment by reducing emission of carbon and make us more competitive in this regard in relation to our competitors.” He added, “Credits are sellable and would generate revenue to the Company at approximately Euro 12-14 per Carbon Credit.” The Carbon Credits, as defined by Kyoto Protocol, are one metric tonne of carbon emitted by the burning of fossil fuels. This is measured in terms of the number of megawatts versus emissions from a co-generation power plant and compared with that of a wind plant, which is a zero emission plant. One credit or Certified Emission Reductions (CERs) is equivalent to one tonne of emission reduced. The Indian Carbon Credits market is estimated at $40-50 million. This has prompted EcoSecurities, originator, developer and trader of Carbon Credits, to set up office in India.
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 | Fact Sheet | | | Year of Establishment | : | 1997 | | Nature of Business | : | Supplier, Manufacturer | | Turnover | : | US$ 1-10 Million (or Rs. 4-40 Crore Approx.) | | Major Markets | : | Indian Subcontinent, East Asia, South/West Europe and North America |
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Contact Details| | Company Name:
| Malwa Industries Limited | | Contact Person: | Mr. Rishi Oswal | | Telephone: | +(91)-(161)-2229146
| | Fax No: | +(91)-(161)-2223603 | | Address: | 230, Industrial Area - A, Ludhiana, Punjab - 141 003 (India) |
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