MoneyWorks4Me

Arvind enters into premium worsted suiting

09 Aug 2016 Evaluate

Arvind has entered into the premium worsted suiting under the brand ‘Primante’. The company is targeting to capture 10% market share of the overall Rs 2,000 crore market of the worsted suiting segment in India over a period of next 3 years.

The brand Primante is a combination of Australian Merino wool and Italian design, to be sourced from Milan, Italy, and conceptualized by Arvind for the urbane and affluent Indian customers.

Arvind is India’s largest integrated textile player and is one of the oldest and most respected groups in the Textile Business in India. The company is also one of the largest producers of denim fabrics and is supplier to a large number of fashion brands in the world.

Peers
Company Name CMP
Vardhman Textiles 528.10
Welspun Living 226.65
Arvind 511.50
Raymond Lifestyle 574.80
K.P.R. Mill 1081.30
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