ShriVallabh Pittie Group was established in 1898. The Group has diversified business interests in Textiles, Finance, Retail, Real Estate and Jewellery. The group had annual revenues of Rs. 750+ crs in FY 2012-13 and has a family of 2500+ people.
Platinum Textiles Ltd. was incorporates in the year 1993. The company is carrying on the business of manufacturing of Polyester & Cotton Blended Yarn. The company has 1,40,000 spindles manufacturing capacity and its 3 owned spinning mills are in the state of Tamil Nadu at Coimbatore, Palani and Ramnad. The company has achieved sales of Rs. 540 crs. in FY 2012-13 compared to sales of Rs. 400 crs. in FY 2011-12. The company has developed as a major player in the yarn industry and has an excellent sales and marketing network setup over decades of experience in the industry. The major markets are Maharashtra, Rajasthan, Gujarat, Madhya Pradesh and Tamil Nadu.
Helios Mercantile Private Limited is carrying out the business of trading in Polyester Staple Fibre, Cotton, Yarn and other textile products. The company utilizes the extensive sales network of the group to generate its business and has achieved sales of Rs. 200 crs. Approx in FY 2012-13.
M/s. Helios Exports Pvt. Ltd. (HEPL) was recently incorporated as an SPV formed for export of yarn to countries. The company is targeting exports to countries like China, Turkey, Spain, Portugal, Brazil etc. The Group is already having a widespread distribution and sales network and the company will utilize the same for generating its sales and business.
His devotion and dedication is marked by the fact that during a major famine in Rajasthan, he left all his business activities and personally traveled to Nagaur and went door to door with camel tanks and served water to residents, a memory that all Nagaur residents lovingly cherish to date.
He then built many temples and donated huge parcels of land as Gochar Bhumi for grazing of cows.The journey that he began has culminated into several individual businesses and a thriving enterprise that is in true meaning a legacy to his endeavors.
His legacy is alive and is sustained in the principles that guide the ShriVallabh Pittie Group.