Mr. Sachit Jain is Executive Director, Vardhman Group-a Rs.4000 crore enterprise, one of the largest textile houses (Vardhman.com) in India. He studied Electrical Engineering at IIT, New Delhi, Management at IIM, Ahmedabad and Financial Management at Stanford, USA. He was awarded gold medal at IIM, Ahmedabad in 1989. Before joining Vardhman Group in 1990 as Executive Director, he started his management career with Hindustan Lever in 1989.
Towards building the Group
He has helped shape up Vardhman's investment in Baddi, Himachal Pradesh, India right from the beginning. Starting with an initial investment of Rs 32 crores he has led the team which put up 9 factories with a cumulative investment of approximately Rs. 1500 crores and a direct employment of over 7000 people. After stabilization of manufacturing operations of the Group in Himachal Pradesh, he shifted to Vardhman Group Corporate Office in Ludhiana to help Group's overall operations in different businesses.
Some specific areas of work
He is a transformational leader and has ensured a consistent stream of future leaders within the organisation to take larger roles over time. Improvement through people empowerment in all business activities is one prominent trait, for which he is known within and outside the organisation. He has inspired a large number of personnel towards delivering extra ordinary results. He has been a change agent at Vardhman. He led the IT Group of Vardhman for implementing ERP making Vardhman to be one of the first textile organisations to have done so. His accomplishments in implementing IT project at Vardhman have been showcased by IBM for global audience. He has also helped steer the implementation of TPM across Vardhman Group. He currently heads the finance function of the Group.
Professional contribution in the industry
He has been active in various business forums.
He was the Chairman of CII, Himachal Pradesh State Council,
Chairman of HRD Sub-Committee, CII, Northern Region,
President of Northern India Textile Mills' Association and the founder of Baddi-Barotiwala-Nalagarh Industries Association.,
He has also been a member of the advisory board to the Himachal Pradesh Electricity Regulatory Commission and advisory board to the Minimum Wages Board. ,
Valuing his contributions, he was honoured by the Govt. of Himachal Pradesh and was awarded the Prerna Stotra Puruskar.
Sachit Jain honoured with Prerna Stotra Puruskar By Himachal Pradesh C.M. Prem Kumar Dhumal
Area of Interest
He is a keen golfer, swimmer and martial arts practitioner. He is widely travelled. He keeps sharpening the cutting edge of knowledge. He keeps exploring new dimension of business and personal excellence and has an interest in living a holistic life. He is married to Suchita Jain, also an executive director with the Group and has two daughters. He has just published his first book " READY FOR TAKEOFF ".