J Korin was born out of the vision of our founder, Shri Surendra N. Jariwala, to build an organization of excellence in the textile industry. Our company had a modest beginning in the 1960s, when Shri Jariwala laid the groundwork for what we are today. Shree Yoganand Textiles began as a partnership firm with four power looms in Surat, paving the way for our evolution into a leading synthetic yarn manufacturer in the region. As the business flourished, Mr. Jariwala’s forward-thinking vision drove us to expand further, establishing our presence as a premier fancy yarn manufacturer in India.
Just at the cusp of liberalization, when the country was gearing up for higher industrial growth, in the year 1986, Promoters ventured into manufacturing finished fancy fabrics. In early 90s, a joint venture named Jay Bharat Yoganand Industries was launched that focused on the manufacturing of fabrics with value-addition. Meanwhile, the first partnership of Shree Yoganand Textiles was dissolved and the business was spearheaded by Shri. Surendra N. Jariwala as the sole proprietor.
As the business and opportunity both expanded, we formalized the set up into a private limited company in early 90s. We expanded our business into manufacturing with Power Looms, Master Weaving. We concentrated on producing fancy fabrics where we had a monopoly. This was further forward integrated with process expansions in embossing, crushing, stone fixing, coating and other value addition on fabrics in the year 1996.
The year 1998, brought a wave of change for the company. Promoters became a pioneer in bringing Schiffli embroidery machines in this part of the country. This saw a huge jump in the value addition fabrics segment which the company subsequently cashed on. We spotted an opportunity in the trading of various textiles machinery and started importing and trading in the machinery segment. In the year 1999 we expanded business of embroidery with importing multi head embroidery and sequence embroidery machines.
At the beginning of the millennium, Yoganand Textiles started shuttle change looms and expanded its capacity in the embroidery business by importing high-speed automatic machines like Hira, Laser, Saurer, etc.
However, the year 2005 became a benchmark year as we entered into a joint venture with a South Korean company and started J.Korin to manufacture textile cocoon yarn. J.Korin started manufacturing monofilament yarn with a capacity of 240 MT per month, as well as yarn dyeing, establishing ourselves among the top dyed yarn wholesale suppliers in Surat. The company went from strength to strength by increasing its capacity from 240 to 750 MT per month and started the production of nylon monofilament yarn, becoming a trusted nylon monofilament yarn manufacturer and polyester monofilament yarn supplier.
In 2015, we entered into a new segment of construction industry with Korin Buildtech which is into the manufacturing of innovative building materials. The year also saw the launch of another company – JB Ecotex which is into the production of recycled polyester staple fibre. Capacity was added to various companies during this period.
We hope to create a growth oriented, sustainable and value bearing organization for ourselves and all our stakeholders.
In Year 2018 The group merged its three companies J.Korin Spinning Pvt. Ltd., J.Korin Cocoon Manufacturing Pvt. Ltd and J.Korin Industries. The new consolidated entity began operations under the name J.Korin Spinning Pvt. Ltd., strengthening our position as a premier j korin spinning pvt ltd enterprise. Around the same time, the group entered a new industry. Group entered in Lightning Industry with its new company Korin Optoelectronics LLP. This company manufactures high-efficiency LED lights.