MoneyWorks4Me

Arvind’s arm aiming to double its revenue in 5 years: Report

11 Jan 2019 Evaluate

Arvind’s subsidiary -- Arvind Fashions is reportedly aiming to double its revenue to Rs 8,000 crore in the next 5 years. The company’s growth will be driven by new product extensions of its brands, value retail and cosmetics business. The company is also aiming on the value retail segment through its store chain Unlimited which currently has 100 stores and is expected to touch Rs 1,000 crore revenue next year.

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 550.90
Welspun Living 223.05
Arvind 532.05
Raymond Lifestyle 652.90
K.P.R. Mill 1120.00
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