HSPS TEXTILE PRIVATE LIMITED

1. Introduction to HSPS TEXTILE PRIVATE LIMITED

HSPS TEXTILE PRIVATE LIMITED was founded in 2010 and has quickly grown into a major textile player in India. With a focus on quality and innovation, the company established a niche in domestic and global markets. Their commitment to excellence can be seen through their varied product portfolio and environment-friendly approaches.

2. Historical Background and Growth

HSPS TEXTILE PRIVATE LIMITED is an extension of the Harpar Textile heritage, which goes back to 1947. Established by Late Harbans Singh Pahwa, Harpar Textile has been a pathbreaker in the textile industry. The company has grown its business over the years, keeping pace with market needs and technical innovations. HSPS TEXTILE PRIVATE LIMITED follows this tradition of excellence with an emphasis on contemporary textile solutions.

3. Diverse Product Portfolio

The organization provides a broad range of materials, including cotton, linen, viscose, polyester, and eco-friendly. Their eco-friendly materials follow standards such as OEKO-TEX, GOTS, BCI, and GRS, demonstrating their dedication to green practices. This diverse range of products targets a vast range of industries, from fashion to interior textiles.

4. Training and Placement Initiatives

HSPS TEXTILE PRIVATE LIMITED lays considerable stress on skill upgradation. For the last twenty-two years, they have been offering training in cutting, packaging, inspection, and stitching. Through their courses, 50 to 60 students get placed every year with recognized players like Orient Craft Ltd, Shahi Exports Ltd, and Arvind Group.
harpartextile.com

5. Commitment to Sustainability

Sustainability is central to the operations of HSPS TEXTILE PRIVATE LIMITED. They have undertaken practices such as tree plantation drives, waste water recycling, and rainwater harvesting. Their initiative has resulted in planting more than 229,654 trees and recycling more than 95% waste water.
harpartextile.com

6. Certifications and Quality Assurance

The commitment to quality of the company is reflected in its various certifications, such as OEKO-TEX, GOTS, FAIR TRADE, and GLOBAL RECYCLED STANDARD (GRS). They guarantee that their products are compliant with international standards, offering assurance of quality and sustainability to their customers.
7. Financial Performance and Stability

HSPS TEXTILE PRIVATE LIMITED has shown strong financial growth. During the financial year ending March 2020, the EBITDA of the company grew by 144.24%, and its net worth grew by 14.26%. These numbers indicate the company’s solid financial condition and growth pattern.

8. Global Reach and Export Activities

The firm has a large global presence. HSPS TEXTILE PRIVATE LIMITED exported goods to nations such as Greece and China in 2023. Their export operations demonstrate their international presence and the global demand for their high-quality textiles.

9. Leadership and Vision

Guided by directors such as Gurcharan Singh and Karandeep Singh Pahwa, HSPS TEXTILE PRIVATE LIMITED remains successful. Their vision is not just one of business expansion but also social responsibility, where the firm would be a positive contribution to society.

10. Conclusion

HSPS TEXTILE PRIVATE LIMITED is a beacon of innovation, quality, and sustainability in the textile sector. Their holistic approach, from product development to philanthropy, makes them a sector leader. With further growth and innovation on the horizon, HSPS TEXTILE PRIVATE LIMITED is dedicated to excellence and ethical business.