Varun: Converting Opportunities of tomorrow to Sustainable Businesses today.
Varun Industries Limited is a customer-driven Indian company with a reputation for innovation, quality, speed and flexibility. From modest beginnings in 1989 to its incorporation in 1996 to its listing on the Bombay and National Stock Exchanges in 2007, Varun has come a long way in a short time and is determined to make it to the big league by moving into the retail market with its range of stainless steel products and its diversification in high potential growth areas like iron ore mining and petroleum related services.
Varun’s core competence is its knowledge of the stainless steel utensils global market and trends. It is India’s largest exporter supplying the widest range (1500 items) of stainless steel kitchenware, table ware, pet ware and other utility items to over fifty countries across the world. An ISO 9001:2000 accredited company, Varun has been awarded 'Star Trading House' status by the Government of India and has since its inception consistently received the Export Excellence Award and other accolades.
From outsourcing its products through dedicated suppliers, Varun has moved to manufacturing its products and this has not just increased its capacities but has given it a better opportunity to innovate. In a couple of months, Varun will launch its stainless steel range in the domestic market through its own showrooms and retail chains.
Varun’s sophisticated manufacturing plant and warehouse in Vasai, Maharashtra is spread over 3,50,000 square feet and offers total services under a single roof. Its proximity to land, sea and air routes complements the company’s impeccable logistics and timely deliveries.
To achieve better cost effectiveness through backward integration, the company has also set up a large stainless steel re-rolling plant in Jodhpur, Rajasthan, which will supply a large part of the company’s raw material requirements.
Very early in its operations, Varun recognized the need to expand its business through diversification in high-growth areas related to petroleum and energy sectors and mining. Though recent, these businesses, particularly servicing of oil rigs, are flourishing and will quickly take the group to new heights of growth and profitability.
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