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.
Browsing: Invista
Arvind Limited, India’s leading textile to retail and brands conglomerate along with INVISTA, one of the world’s largest integrated producers of fibres, showcased its exclusive denim collection in New Delhi named ‘GRAVITY’, at its annual event called Arvind FESTIVE 2018.
Invista has entered into a definitive agreement with China-based Shandong Ruyi Investment Holding to sell its apparel and advanced textiles business, one of Invista’s four major business units. Invista, which has operations in Delaware is part of Wichita, KS-based Koch Industries. Financials were not disclosed.
Since the purchase, Invista has been meeting individually with its denim customers and providing selected weavers with licenses to practice the technology.
The denim giant and the largest fibre producer, Arvind & Invista, are bringing their latest in innovation,design and sustainability for the Indian market
Invista, one of the world’s largest integrated producers of chemical intermediates, polymers and fibres, is exploring strategic alternatives for its apparel and advanced textiles business.
The 2016 Autumn Edition of Intertextile Shanghai Apparel Fabrics to be held from October 11 to 13, 2016 in Shanghai, China, will have nearly 5,000 exhibitors from more than 25 countries of which India