Credit rating agency, CARE has revised rating of Arvind’s long-term bank facilities to ‘AA’ from ‘AA-’. The rating agency has also reaffirmed ‘A1+’ rating to the company’s short-term bank facilities.
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.
