The year 1985 marked the foray of our founder Mr. Mahesh Devchand Gala into the textile industry, sprouting from the business of retailing unstitched suits for women from a small local shop in Santacruz at Mumbai. As we know, talent and hard work knows no boundaries - in less than two years, he worked his way up to become the go-to name in the textile community, catering to all the needs of fashion-conscious women. This visionary of the trade entered the domain of manufacturing on an asset-light model basis, starting with a small factory with eight machines in Santacruz East at Mumbai.
In less than three decades, the brand created a name for itself, boasting of an infrastructure of more than 1,200 machines as well as creating a source of employment for more than 2,500 Indians. With quality, innovation and sophistication at its core, it soon expanded its wings on a pan-India level and emerged as of the most popular names vis-à-vis B2B textile for apparels catering to women. Strong local as well as regional roots, customer loyalty and goodwill of traders were the cornerstones of the success of this brand.
Catering to an ever-changing market and the evolving needs of consumers, we envisioned ourselves to become a one-stop shop fashion label for women. The year 2016 was when the name “Suumaya” was conceptualised and came into existence. In Greek, “Suumaya” means “a gorgeous lady”.
Is a special occasion or a celebration of a lifetime round the corner? The moment when it is mandatory for the ladies to deck up and look their finest. Whether it is a wedding, a cocktail party, an engagement, a festival, a formal meeting, a job interview, a college party or just any other social gathering, all roads today lead to Suumaya Industries Limited, a one-stop destination that houses the latest Indo-western trends and styles for women’s apparel. And much more!
Creating its niche as a premium label, Suumaya is your perfect go-to apparel brand as we have catered to every requirement to thrill the savvy shoppers and trend-breakers all over the country. No wonder, we are a hot favourite with the fairer-sex when it comes to looking their best! Our collection is all about encapsulating the joys of expressing your style, being happy, catching up with loved ones and celebrating the woman in you, while making lifetime memories.
Influx of Millennial Minds
The year 2017 was an important milestone for the organization since it marked the entry of the young turks Mr. Ushik Gala and Ms. Ishita Gala in Suumaya. With these second-generation entrepreneurs entering the business on a full-time basis, armed with their expertise and modern-day corporate acumen, Suumaya evolved from a local ethnic wear manufacturer into a full-fledged apparels brand. It went through a sea of corporatization to complement the expansion initiatives undertaken by the youthful, vibrant management.
Going from Strength to Strength
The young brains in the organization, in fact, left no stones unturned to ensure the company reached the highest echelons of success. In 2018, Suumaya Lifestyle Limited was listed on NSE Emerge (SME portal). The following year, it diversified into the business of supply chain engineering in commodities in the B2B space under the aegis of Rangoli Tradecomm Limited, dealing with polymers, PVC resin, bitumen, manganese, yarn, fabric and the like.
Diversification and Appreciating Core Values
Even when Covid-19 struck in 2020 and textile was amongst one of the most worst-hit sectors, it did not come in the way of progress of this dynamic organization. In fact, this global crisis opened a window for the brand to hone its core values.
It was the stepping stone to laying the foundation of vision, with a noble initiative to enhance the lives of people. Suumaya witnessed a 360-degree turnaround in the 365 days of 2020: it grew from a lifestyle company to a large diversified conglomerate. From NSE Emerge, it migrated to the NSE Main Board. New sectors that materialized and were scaled up included medical/technical textile, agro, retail and rural financial inclusion. In March 2021, Rangoli Tradecomm Limited was listed on BSE SME platform. Suumaya found its way the list of top 1,000 listed companies by market cap as on March 31, 2021.
Consumer is king
At Suumaya, right from the inception we have always believed that there is nothing more important than the capital of relationships that we nurture with people as well as our end-consumers. There is no better way to serve the society than to enhance the lives of people. We strive to achieve this through our ever-evolving quality products, being positively receptive to feedback and our strong customer service facility.
Wealth Creation for Shareholders
The brand has always believed in giving back to its investors and shareholders. It started its journey with a family of only 400 shareholders. Today, the conglomerate involves a family of 2,800 shareholders, a number which is steadily growing. Rs 1 lakh invested in 2018 in Suumaya’s shares has swelled up to Rs 32 lakhs today. Our conscientious organization has contributed to wealth creation for all our shareholders and investors and enhanced the quality of their lives in a very big way.
Mad for India, Mad in India
At Suumaya, we are determined to see India emerge a superpower by 2030. We hold a simple belief that what is good for India will be, in turn, good for our brand. We will play our small role to ensure India emerges as an economic superpower and a strong business conglomerate in the world stage. Suumaya will contribute to making India a superpower. Our dream is to enable Indians to dream big for their better future through creating lasting infrastructure and ecosystem of supply chain and human capital.