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Belonging to the LWS group of Ludhiana, LWS Knitwear was incorporated as a private limited company in May '89. It was involved in trading of woolen yarn and garments on a small scale. The company promoted by Girish Kapoor and Sunish Sunda, became a public limited company in Apr.'91. From trading in hosiery, the company, in 1994, started manufacturing lambs wool and angora blended yarn of 16mm count at an installed capacity of 120 tpa. These are used in the manufacturing of hosiery knitwear. It came out with a public issue in Apr.'94 to part-finance the project of setting up an unit in Ludhiana, Punjab. The major part of the production will be consumed by its sister concern, LWS Knitwear (a partnership firm). |
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