Oswal Woollen Mills

Oswal Woollen Mills Limited (OWM), is the parent company of the Nahar Group of Companies (the Nahar Group). OWM was incorporated in 1949 by Late Mr. Vidya Sagar Oswal, father of Mr. Jawahar Lal Oswal, the present Chairman and Managing Director. The Board comprises of ten directors including three promoters directors namely Sh. Jawahar Lal Oswal, Sh. Kamal Oswal, Sh. Dinesh Oswal, the renowned industrialists and seven other directors who are technocrats, professionals, legal, commercial and financial wizards. The Board is further assisted by a team of professionals who have rich experience in their respective fields. OWM is one of the pioneers of the organized Indian woollen hosiery industry. We believe in the philosophy 'Success is Tradition and Growth is imperative'. It made a modest beginning as a manufacturer of hosiery items, which was followed by setting up a worsted Woollen spinning plant of 800 spindles in 1954 to serve as a backward integration of the then existing manufacturing activities. It was one of the first worsted Woollen spinning plant in the Northern India.