Vikram Woollens (VW), a unit of Grasim Industries Ltd., was established in 1995 and has its manufacturing unit at Malanpur in Bhind district, Madhya Pradesh, India.
It manufactures products having a count range of 24 Nm to 120 Nm. We have steadily increased our share of Value Added Products (VAP). Our capacity allocation to poly wool: VAP is currently 60:40.
The company has always focussed on systems improvement and has established comprehensive standards in quality, environment, health and safety and social accountability.
With an extensive global supply chain, there is a risk that some suppliers or subcontractors might not meet or comply with rules and regulations pertaining to the environment, working conditions and human rights. We take utmost care while screening new & existing suppliers.
Our performance on energy, water, waste, equal opportunity, diversity, customer health and safety, community welfare etc. has improved during the reporting period. We have undertaken carbon foot printing, taken steps to increase renewable materials, understood and addressed climate and water risks, mapped our environmental expenses and value delivered to regional economy and diversity indices. In addition, we have made best efforts, this year, to put in place governance and management systems to ensure all material issues are addressed by the business and such issues are revisited periodically. We have started implementation & monitoring of Higg index for all our manufacturing locations.