Arvind is planning to scale up its textiles business to Rs 10,000 crore by 2023, from Rs 6,000 crore now. This will be achieved through verticalisation, more garmenting, ramping up advanced materials division which is into specialised textiles, and adopting newer technologies.
Besides, the company also planning to invest Rs 1,500 crore over the next three years to meet its target which will be funded entirely from the company's regular cash flow.
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.
