Home / Knowledge / News / Textiles / India's Arvind to scale up textile biz to ₹10k cr by 2023
India's Arvind to scale up textile biz to ₹10k cr by 2023
22
Jun '18
India
Indian textiles and retail conglomerate Arvind Limited has plans to scale up its textiles business from ₹6,000 crore now to ₹10,000 crore by 2023, according to Susheel Kaul, CEO, lifestyle fabrics, knits and wovens, in the company, which plans to invest ₹1,500 crore from the company’s regular cash flow over the next three years to meet its target.

The key drivers to this growth will be more verticals, more garmenting, ramping up advanced materials division which is into specialised textiles, and adopting newer technologies that will help scaling up operations and build on the Arvind brand, a news agency reported quoting Kaul.

Arvind plans to grow the technical textiles division and get more and more into newer fabrics, focusing on athleisure and activewear, he said.

The brand Arvind, which is worth ₹400 crore now, will be scaled up to ₹1,000 crore. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Indian investors interested in denim production in Vietnam

Textiles | On 16th Aug 2018

Indian investors interested in denim production in Vietnam

Indian fabric firms are shifting attention from China to Vietnam,...

Pak ministry invests in training textile sector workers

Textiles | On 16th Aug 2018

Pak ministry invests in training textile sector workers

Pakistan’s ministry of commerce and textile industry is offering...

India's textiles, apparel exports fall by ₹8000 cr: Govt

Apparel/Garments | On 16th Aug 2018

India's textiles, apparel exports fall by ₹8000 cr: Govt

India’s textiles and apparel exports dropped by nearly ₹8,000 crore...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search