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Chairman and Chief Executive Arvind Mafatlal Group
Please tell us, how R&D plays a decisive role in maintaining your heritage into the textile sphere?
As I mentioned, the AMG group has been in the textile business since 1905 (over 107 years). We believe that product understanding and developing suitable products for our consumers Indian and overseas are our key growth zones and for that our R&D department plays a crucial role.
They work relentlessly in developing new processes, new finishes , innovative designs , using new equipment and creating products to ensure that our range of textiles continue to be liked by the consumers and brands .
Besides also interpret, Mafatlal’s involvement with sustainability?
The AMG is a responsible producer and marketer of textiles in India and globally.
We continuously work towards reducing our carbon and water footprints and being ecologically friendly.
Please apprise us about your further moves that you could materialize into this segment.
The AMG is looking at persistent growth in the textile business over the next five years. We are investing for increasing our denim capacity from 20 MMA to 30 MMA and our other textile capacities from 20 MMA to 30 MMA in a phased manner.
We are also evaluating opportunities in branding and retailing in India.
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