In 2006 by acquiring entire stake of Burlington, USA , they had set up Mafatlal Denim Ltd at Navsari, Gujarat -INDIA. Later in 2013 the Group modernizes its mills once again. Mafatlal Denim Ltd. amalgamated with Mafatlal Industries Ltd.
The story of the Mafatlal Group is a stirring saga of a blend of traditional values and modern technology triumphing over circumstances. Mr. Mafatlal Gagalbhai the founder, 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, who was 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 the buyers proved to be Mr. Mafatlal's benefactors in later years , when he metamorphosed into an industrialist. They not only provided him with capital, but also gave it at low rates of interest.
Driven by curiosity and ambition, he took up a job as a mill-hand. He wanted to understand the entire gamut of operations; his big break came only at the age of
31. Along with Chandulal Mahadevia, a friend, and Arthur Shorrock, an Englishman who knew some British textile-machinery manufacturers in Lancashire, he took over
the management of a small mill in Ahmedabad, and named it the Shorrock Mill. Of the initial equity capital of Rs 3.25 lakhs, Mr. Mafatlal picked up 30 shares of
Rs 1,000 each while his father picked up another 30 shares. Along with his partners, he evolved an innovative scheme to raise the rest of the funds. In those days,
business concerns were run by managing agencies. So, the enterprising partners promised investors a share in the managing agency.
Sets up first textile mill in Ahmedabad
Purchased the second textile mill in neighbouring Nadiad
Purchased the third mill in Surat
Shifts base to Mumbai with the purchase of a textile mill
Establishes one more textile mill in Navsari
Shri Navinchandra Mafatlal takes over the family business
Group invests heavily in cotton textile mills and its modernization to become the third largest mill in India. Establishes a strong foothold in Mumbai textile market
Shri Arvind Mafatlal takes over the group companies and starts diversification of the group business
Mafatlals promotes ace cricketers and football players and gains tremendous mileage
After division of the Mafatlal Group business, the Arvind Mafatlal Group focuses on textiles, petro chemicals, rubber chemicals and fluoro chemicals.
Consolidates its position in textiles, expanding the textile machinery activities. Shri Hrishikesh Mafatlal takes over the reigns of the company.
Obtains ISO-9001 certification
Joint Venture (50% - 50%) with Burlington Industries, USA called Mafatlal Burlington Industries Ltd. for manufacturing denim fabric
Paved a new path to success by acquiring entire stake of Burlington, USA to set up Mafatlal Denim Ltd
Mafatlal establishes itself as the largest supplier of denim material in India, and as a reliable supply chain partner for value added and fashion denims
Launches home furnishing range with terry towels and bedsheets
Group modernizes its mills once again. Mafatlal Denim Ltd. amalgamated with Mafatlal Industries Ltd