Arvind Limited plans to take the business to Rs 10,000 crore over the next four to five years, said Aamir Akhtar, CEO, Denims, Arvind Ltd. “Currently, the company’s textile business is around Rs 6,000 croreâ€Â, said Akhtar.
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Arvind Ltd has signed an MoU with the Andhra Pradesh Economic Development Board to set up an integrated apparel and textile park in Chittoor. The MoU was signed between Kulin Lalbhai, Executive Director, Arvind Ltd, and J Krishna Kishore, CEO, APEDB, in the presence of Chief Minister N Chandrababu Naidu.
Arvind Ltd’s consolidated revenue for Q3 grew 16 per cent at Rs 2,706 crore over the corresponding quarter of the previous year.
Picanol participated at ITMACH exhibition, which was held at the Exhibition Centre in Gandhinagar, Ahmedabad from 7-10 December 2017. This event was one of the largest textile machinery exhibitions of 2017 in the country and included participation from over 10 countries including India, China, Germany, Italy, Belgium, Netherland, Turkey, Japan, Korea and Taiwan. Picanol NV Belgium was located in Stall No.D-40/41 & E-33/34 in Hall-6 and displayed their airjet looms – OMNIplus Summum.
Textile and apparel player Arvind Ltd reported a consolidated net profit of Rs 64.50 crore for the quarter ended September 30. The company had posted a net profit of Rs 76.65 crore during the same period previous fiscal.
India-based producer and exporter of warping, sizing and indigo denim yarn and fabric dyeing technologies, Jupiter Comtex Pvt Ltd is introducing a new innovation in Indigo Rope Dyeing technology at ITMA 2015.
In 1993, Arvind Ltd, one of the largest integrated textile and branded apparel player from Gujarat, brought the iconic Arrow brand to India. From since on, the company never looked back. Arvind scaled a new peak in brands when recently it announced the tie-up for presenting the iconic GAP