Mr. Uttam Gupta is one of the driving forces behind the incredible success of Balaji Loomtex Pvt Ltd. It was 18 years ago that Mr. Uttam Gupta established Gulmohar and eventually led it to success by becoming the undisputed leader in micro polyester blankets in India. Through his strategic guidance, Gulmohar has not only secured its top position but also expanded its reach significantly. Now they have over 18 distributors nationwide and placements in over 4000 retail stores.
Mr. Uttam Gupta also spearheaded the launch of Urban Wrap in 2022. Focused on weddings, gifting, and children’s products, the brand revives neglected sectors with innovative items that meet market demands. Gupta’s visionary approach and commitment to innovation redefine the business landscape.
In the early stages of his career, Mr. Gupta gained hands-on experience in the yarn industry at Uttam Spinners. His dedication was evident as he delved into all aspects of the factory, often arriving before anyone else at 8 AM.
Transitioning from trading micro polyester blankets to founding Balaji Loomtex Pvt Ltd marked a significant milestone in Mr. Gupta’s entrepreneurial journey. Today, the company stands as a testament to his skill, boasting an impressive annual revenue of ₹250 crores. Balaji Loomtex has earned recognition as an Original Equipment Manufacturer (OEM) for esteemed brands like Raymonds, Reliance, Welspun, Trident, Monte Carlo, LuLu, Landmark, D Mart, and others.
About the Company
Since 1980, the family-operated Naveno Woolens has been at the forefront, adorning homes with stylish, high-quality blankets and bedding. Balaji Loomtex Pvt Ltd, an extension of this legacy, embodies the conscientious evolution of this family business entrenched in the textile industry for years.
Balaji Loomtex Private Ltd. has spearheaded the revival of micro polyester flannel blankets in the Indian market, emphasizing the “Make in India” initiative. Founded in 2017 in Panipat, this company focuses on local production, challenging the dominance of Chinese imports.
Balaji Loomtex Pvt Ltd, operating under the renowned brands Gulmohar and the recently launched Urban Wrap, stands as a dedicated and proud blanket manufacturer in Panipat. With a commitment to top-notch quality, their in-house weaving process, premium materials, and reliability set them apart.
Despite entering the sector just five years ago, they’ve surged to become the top player in the flannel blanket category. Notably, their environmental responsibility shines through their use of green fuel in manufacturing, reflecting their commitment to sustainability.
Challenges and Future Plans
The journey has not been easy, and there were challenges along the way while building Balaji Loomtex. Mr. Uttam Gupta recollects that when they first started this business, there was a fire in their factory that nearly brought everything to a screeching halt. However, they rolled up our sleeves, and, within three months, they resumed production. Since then, they haven’t looked back.
Looking forward, their main goal for the next few years is to reach the top and become one of the top 10 textile companies listed on the stock exchange in the next decade.
