S. P. Oswal

S. P. Oswal is an Indian industrialist and the present head of the Vardhman Group of Companies. The Government of India honoured him in 2010, with the Padma Bhushan, the third highest civilian award, for his services to the fields of trade and industry

S. P. Oswal is an Indian industrialist and the present head of the Vardhman Group of Companies.The Government of India honoured him in 2010, with the Padma Bhushan, the third highest civilian award, for his services to the fields of trade and industryS. P. Oswal was born in 1942, in Punjab. He is a post graduate in Commerce from Punjab University which he passed with Gold Medal. in the eighties, Oswal joined his family business group, Vardhman Group of Companies. He presently heads the group.

S. P. Oswal is reported to have contributed to strengthen the spinning industry in North India

Inspired by the teachings of Aurobindo, S. P. Oswal established a trust, in Ludhiana, by name, Sri Aurobindo Socio Economic and Management Research Institute. Sri Aurobindo College of Commerce and Management was opened in 2004, under the trust, to create career oriented and disciplined management professionals.

Positions

Chairman and managing director – Vardhman Textiles Ltd

Chairman – Vardhman Holdings Ltd

Chairman – Vardhman Acrylics Ltd

Chairman – Nimbua Greenfield (Punjab) Ltd

Social Positions

Chairman – National Committee on Textiles, Confederation of Indian Industry

Director – Exim Bank of India

Director – UTI Trustee Company Pvt Ltd(He resigned from the post in 2013)

Chairman – Indian Institute of Technology, Delhi

Chairman – Managing Committee- Sri Aurobindo College of Commerce and Management

Member – National Council, Confederation of Indian Industry

Member – Industrial Advisory Council, Government of Madhya Pradesh

Member – Board of Governors – Punjab Technical University, Jalandhar

Member – Senate, Punjab University

Founder President and Director (1983–87)- Ludhiana Stock Exchange

Awards and recognitions

Padma Bhushan – 2010

Udyog Ratna – Punjab University

With over 48 years of experience in textiles industry while being associated with Vardhman Group, he has led Vardhman Textiles to achieving accelerated growth in yarn manufacturing capacity, fabric weaving plants and yarn & fabric processing facilities in the country. He was the Founder President and Director of Ludhiana Stock Exchange for the period 1983-87 and President of Ludhiana Management Association for the period 1987-1991. He also acted as Chairman of Nimbua Greenfield Punjab Limited, a consortium of industries of Punjab for developing a common facility for storage, treatment and disposal of hazardous wastes generated by the industry with grant from Government of India. For his extensive contribution to the trade & industry, he was bestowed the Padma Bhushan Award by the Government of India in the year 2010.

https://en.wikipedia.org/wiki/S._P._Oswal