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Arvind to benefit from growth in retail

Jan 25, 2017
Arvind to benefit from growth in retail

Arvind, one of India’s leading integrated textile players and also one of the largest denim manufacturers in the world, plans to focus on its garment business to increase its margin. Arvind is looking to increase the share of fabric sold as garments from 6 per cent to 20 per cent in the next few years.

Further with the expected growth in the Indian retail space, due to rising incomes, urbanisation, attitudinal shifts, etc., will be the main trigger for expansion. Arvind should be able to benefit from the growth in the retail sector. Its garments segment holds several well-known foreign-licensed brands such as Arrow, Tommy Hilfiger, US Polo, Flying Machine, Calvin Klein, Nautica and Izod.