AboutVoith Paper Fabrics India Ltd.
Voith Paper Fabrics India Limited (VPFV), a subsidiary of VP Auslandsbeteiligungen GmbH, belongs to the Voith Group of Companies, Germany. The Group has presence in more than 60 countries around the world and operates through its Divisions - viz., Voith Hydro, Voith Paper, Voith Turbo and a new Division, that is, Voith Digital Solutions, whose set-up began on January 1, 2016.
Voith Group was founded in 1867 and currently employs about 19,100 employees worldwide. It generated sales revenue of € 4.3 billion for the year 2015/16 (October to September) and is a major family owned industrial conglomerates in Europe. The headquarters of the Voith Group are based in Heidenheim, Germany.
VPFV was incorporated in India in the year 1968 by Porritts & Spencer UK, which later became a part of Scapa Group of U.K.
In 1999, the Voith Group acquired major stake in the Company. The company changed its name from Porritts & Spencer (Asia) Limited to Voith Paper Fabrics India Limited in the year 2007.
The company initially commenced its business with manufacture of woolen and cotton dryers for pulp, paper and board industry with the technical support of Scapa and now carries its operations with the support of Voith Group. VPFV has extended the range of clothing for use on paper machines as the main business.