Mr. Parmod Jain (Chairman)

Mr. Parmod Jain is a visionary, a man of high values and futuristic approach.Exceptionally modest and goal oriented, he is the man behind the foundation and success of the Vardhman Group. An alumnus from the BITS Pilani, he began his career as a Production Manager in India’s leading textile company.With the valuable learnings, hard work and experience of over 40 years, he is leading the group towards new extremities of success and sculpting the future of Lazer.

A family oriented person, he has created a legacy for generations. The Vardhman group is currently operated by the first and the second generation of the family, while the third generation is being prepared on how to transform the dreams, goals and missions into reality by the legend himself.

A philanthropist and social body, Mr. Jain has formulated this group to create a better society at large. Creating employment opportunities for the population, he has incorporated the idea of ownership in the group, where the leaders & employees have the freedom to explore, express and implement the ideas and suggestions.

Valuing relations and bonds, he follows the ideology of harmony, peace and happiness of togetherness. Mr. Jain believes in nurturing relations and has maintained long term relations with internal and external associates over the years. This is one of the major reasons that many of the leaders are still associated with the group, since its inception.

Following the indigenous approach of Mr. Jain, Lazer has been manufacturing goods in-house, rather than importing and assembling them, much before the introduction of ‘Make in India’ initiative of the Government.

Considering the deterioration of the environment,Mr. Jain promoted the idea of developing energy efficient products, as his contribution to the initiative of Green India. As a result of this contribution, Vardhman Group received No. 1 rank across manufacturers of Energy saving fans in the country.

Not only in business, but his diligence is utilised in numerous social organisations and activities. He served as the President of the Rotary Club, assists in the operations of the NGO ‘Prayas’ and charitable school in Sonepat and serves as a prominent figure in mostly all Jain Organisations across India.

Mr. Jain has been awarded for his work by several Government and social organizations, including, ‘Best Entrepreneurship Award’thrice by the Governmentof Delhi, Bhartiya Udhyog Ratan Award by the Indian Economic Development and Research Association, Jain ratan Award by the Jain Community.


To simplify the style of household living by developing products that transform the lives of people, by providing real time solutions to everyday problems.