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Siyaram Silk Mills

Siyaram Silk Mills Limited is an Indian textile manufacturing company headquartered in Mumbai, Maharashtra. The company is engaged in the production of blended fabrics, yarn, readymade garments and home furnishings, and is one of the well-known names in the Indian fabric and apparel industry. It is part of the Siyaram Poddar group of companies.

Siyaram Silk Mills Limited
Type Public company
Industry Textiles, apparel
Headquarters Mumbai, Maharashtra, India
Country India
Products Blended fabrics, suitings, shirtings, readymade garments, furnishings, yarn
Listings BSE, NSE
Parent group Siyaram Poddar group

Overview

Siyaram Silk Mills manufactures and markets a range of blended fabrics, with a focus on polyester–viscose and polyester–wool suitings and shirtings used in formal and semi-formal wear. In addition to fabric in running-metre form, the company markets readymade garments and home textile products through brand-led retail and wholesale distribution across India, with exports to several international markets.

Brands

The company markets its products under multiple brands targeted at different price segments and product categories. Its brand portfolio includes labels associated with men's suitings, shirtings and readymade garments such as Siyaram's, Mistair, J. Hampstead, MSD and Oxemberg, among others. Distribution is carried out through a network of dealers, multi-brand outlets and exclusive showrooms.

Operations

Siyaram Silk Mills operates manufacturing facilities in Maharashtra, including units engaged in weaving, processing and garmenting. The company's vertically integrated set-up covers yarn dyeing, weaving, fabric processing and garment stitching. It also undertakes job-work and contract manufacturing for institutional buyers and uniform programmes.

Corporate structure

The company is part of the wider Siyaram Poddar group, which has interests in textiles and related businesses. Siyaram Silk Mills is a publicly listed entity, with its equity shares traded on the Bombay Stock Exchange and the National Stock Exchange of India.

Significance

Siyaram's is regarded as one of the long-established Indian textile brands in the men's blended-fabric segment. The company's advertising campaigns, particularly its long-running television presence with the tagline associated with the Siyaram's brand, have made it a familiar name in the Indian fabric retail trade. Along with peers such as Raymond, Bombay Dyeing and Reliance Industries' textile division, it is part of the segment of Indian fabric majors that supply the country's tailored and readymade menswear market.

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