The Arvind Mafatlal Group is a 118-year-old conglomerate that has established its position in the Indian economy, growing from strength to strength, rooted in its foundation of ‘Ethics of Excellence’. This company with its origins in the textile industry, has today built an unparalleled team force across a broad spectrum of industries and spaces.
Built on five generations of visionary leadership and a commitment to values, AMG has sailed through ups and downs, and proven that’s it’s here to stay for generations to come.
What sets us apart is our rich legacy, and our dedicated effort to honour these values while forging ahead with futuristic and dynamic thinking. While we diversify and integrate new age processes and ideologies, the fiber of our company is thick with the decades long commitment to relationships, ethics, and values of trust and integrity. AMG is the coming together of our gratitude for our rich history and learnings, our consistent efforts to orient ourselves to the present needs and demands, and our passion to leave an unshakable mark in the future to come.
Our thirst for journeying beyond the ordinary and comfortable makes us ready to step up and embrace innovative and new ideas and has allowed us to drive forward and expand into diverse fields of Textiles, Rubber Chemicals, Information Technology, Edu-Tech, Real Estate, E-commerce, and Healthcare.
Our corporate identity is resonated brilliantly by the blue lotus or ‘Indivar’. The blue lotus blooms at least one flower every day, and the flower has an exquisite fragrance, but it does not spread by itself – you will have to come close and sniff. Similarly, we don’t often shout about our achievements, but we quietly continue to rise above the circumstances every day despite all odds.
The story of the Mafatlal Group is a stirring saga, with traditional values and modern technology triumphing over challenging circumstances. Our founder Mr. Mafatlal Gagalbhai, was born in 1873, to a weaver of Ahmedabad. His father, who was neither educated nor prosperous, made a living by doing odd jobs. It wasn’t long before a young Mafatlal, still in his early teens, had to leave school to help his father peddle textile products. With goods hanging from their shoulders, both father and son would scour the countryside in search of buyers. Some of these very buyers proved to be Mr. Mafatlal’s benefactors in later years, when he metamorphosed into an industrialist, and lay the foundation for Mafatlal Industries. Under his leadership, the company expanded one textile mill at a time, to eventually make significant achievements as it grew over a century old.
1905
Founder Mr Mafatlal Gagalbhai sets up the first textile mill in Ahmedabad, India.
1912-1931
Four more textile mills are included, across Gujarat and Mumbai.
1945-1954
The group becomes the third largest mill owner in India, through consistent investment in the modernization of cotton textile mills.
1954
Mr. Arvind Mafatlal, grandson of Mr. Mafatlal Gagalbhai, takes over the reins of the Group.
1955-1990
The Group diversifies into multiple industries like Chemicals, Information Technology, Plastics, Finance, Engineering etc., becoming one of India’s significant conglomerates. The leadership of Mr Arvind Mafatlal leads to Joint Ventures with global giants like Shell, Hoechst and Monsanto.
1990-2000
His son, Mr. Hrishikesh Mafatlal takes over the reins and strengthens the Group’s position in Chemicals, Gas Distribution and Textiles. The Group makes a move into Denim manufacturing through a venture with USA’s Burlington Industries.
2000-2019
A uniform manufacturing as well as a home furnishing range is launched. Mafatlal healthcare division is introduced to cater to the healthcare industry.
The Group’s Chairman Emeritus Shri Arvind Mafatlal departs for his heavenly abode in 2011.
2019-2022
Mr. Priyavrata Mafatlal takes over as CEO and MD.
The Group undertakes the supply of non-woven textile products such as disposable masks, gloves, PPE kits, and so on during the pandemic.
The new tech division leads the group into the education technology and services space.