NEXT GENERATION ENTREPRENEURS – Paritosh K. Agarwal, Managing Director, Suryalakshmi

Mr. Paritosh K. Agarwal is the Managing Director at Suryalakshmi Cotton Mills Ltd. With three state-of-the-art manufacturing plants and a robust global and domestic sales and marketing set-up, Mr. Agarwal leads a workforce of over 5,000 people. Under his leadership, Suryalakshmi Cotton has become a leader in the premium yarn category and has diversified into denim manufacturing and garmenting to cover the entire textile value chain. The company has strengthened its exports by venturing into new geographies, supplying fabrics to nearly 30 countries across the globe.

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After graduating from the University of Nagpur in 1994, Mr. Agarwal joined Suryalakshmi Cotton as a Management Trainee. Under the guidance and mentorship of the Chairman and founder of the company, Mr. L.N. Agarwal, he handled various functions of the company, including international marketing, domestic sales, production and engineering. With a keen eye on operational efficiency, his strategic insights led the company to set up a coal-based captive power plant in 2012-13 that helped reduce the cost of power and dependence on energy from external sources.

Over the past decade, Mr. Agarwal, along with his professional team, have worked relentlessly to position Suryalakshmi Cotton as a premium and niche yarn and denim manufacturer for the world’s leading fashion brands. He has travelled extensively to study front-end design and fashion and customer trends in Europe, Asia and the US and understand back-end manufacturing best practices.