Mr.  S. P. Oswal     
Chairman & Managing Director

Mr. Shri Paul Oswal is the Chairman and Managing Director of Vardhman Group. A Gold medallist from Punjab University, he holds a master's degree in Commerce. With more than 5 decades of experience, he has led Vardhman to achieve accelerated growth in textile manufacturing.
Enlisted among India’s Best CEOs (2017), Mr. Oswal has won several prestigious honours including Padma Bhushan by Hon’ble President of India in 2010, Udyog Ratna by PHD Chamber of Commerce & Industries in 2005, Lakshya Business Visionary Award by National Institute of Industrial Engineering in 2019, Life Time Achievement Award by Cotton Association of India in 2022, Textile Maestro Award by ITME Society in 2022 and Best CEO – Textile & Apparel by India Today Group in 2023.
During his journey, Mr. S P Oswal has chaired offices of great importance. He was a Member of Board of Management - Punjab Agriculture University from the year 1979 to 1986. From 1987 to 1991, he functioned as the President of Ludhiana Management Association. He was also the Founder President and Director of Ludhiana Stock Exchange from 1983 to 1987 and the President of Northern India Textile Mills Associations during the years 1993-1995. He also remained in the position of Chairman at National Committee of Textiles of Confederation of Indian Industry during 1999-2004, as the Director of Exim Bank of India in 2005 and Member, Board of Governors – IIT, Delhi during 2006-2009.
He also made noteworthy contribution as the Member, Industrial Advisory Council - Government of Madhya Pradesh in the years 2006-2011. From 2006 to 2013, he held the position of Director at UTI Trustee Company Pvt. Ltd. Besides, he has served as the Chairman of Textiles Committee - Ministry of Textiles, Government of India during 2012 - 2015.