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Yes Fashions Group is in the field of Textile manufacturing since 1975 having world class global scale manufacturing and marketing facilities. The group has established a broad based presence in the textile value chain which has resulted in production efficiencies and global cost competitiveness.
ADVANTAGE
The Integrated structure of the production facilities of the Group gives it the following advantages :-
ABOUT THE PROMOTERS
The Gondalia Family is credited with an impressive performance and growth over the past three decades and enjoys a leadership status in the textile industry. A brief mention is as below
Mr. Jawahar M Gondalia and Shri Vrujlal S Gondalia are the Chief Promoters of the Yes Fashion Group and are assisted by his two sons, Mr. Kuntesh Gondalia and Mr. Manan Gondalia along with a whole team of young, dynamic, skilled, qualified, experienced, hardworking and efficient professionals making a strong top management team with vision and skills.
Mr. Jawahar Gondalia is a science graduate from Bombay University and has an experience of over 35 years in the Textile Industry. It is his leadership, management abilities, manufacturing and marketing skills, and guidance that has established the group as a leader in the industry.
He is personally involved in various tasks ranging from strategic planning, arrangements of funds and projects to day to day functioning of the group.
He was nominated as a Board Member of ‘All India Powerloom Board’ by the Ministry of Textiles and as a member of Regional Direct Taxes Advisory Committee by the Ministry of Finance.
He holds offices of high regard in various industry and trade organizations.
He has played an instrumental role in setting up ‘Surat Apparel Park’ (Garment Park – Surat)
ABOUT THE FINANCIALS
100% share capital is being held by members of Gondalia family and sister concerns. This makes decision making simple and implementation of projects are undertaken speedily
ADMINISTRATION
The day to day office administration is handled by the team of Professionals. All commercial aspects and routine affairs of the business are being carried out from the Head office by the Management.
CURRENT BUSINESS SCENARIO
Surat- the synthetic capital of India, is the largest textile hub in India accounting for nearly 90% of total synthetic fabric production of India. All activities related to Textiles- weaving, sizing, texturizing, processing & Value addition are integrated in the city. There is ready market for sized yarn and grey cloth within the city itself. The Group commands high prestige in the market developed by sound financial policies and fulfilling commitments of trade-quality and timely delivery.