Billionaire Ravi Modi has a net worth of $3.4 billion. In 2002, he established Vedant Fashions Limited which is named after his only son. The company manufactures traditional indian clothes.
The company’s most popular brand is known as Manyavar. This is a popular brand for men’s jackets, kurtas and sherwanis as well as for women’s sarees, gowns and lehengas. The main customers are Indian weddings.
Ravi Modi’s wife Shilpi is a board member of their company. Vedant is the chief marketing offier for the company.
Vedant Fashions operates 662 outlets in 248 cities of India and 16 international outlets.
Manyavar was created in 1999. Now the products are available in more than 200 cities in USA, United Arab Emirates and India.
By 2010, Vedant Fashions had opened 100 stores. By 2012, they had reached 200 stores. By 2014, they had 333 stores. They offer exceptional customer service. Single order deliveries within 7 days. Opened 600th store by 2019.
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