Arvind’s denim fabric worth $9 million held up at Indo-Bangaldesh border

17 May 2013

Largest integrated textiles and branded apparel player, Arvind’s denim fabric worth $9 million is held up at the Petrapole side of Indo-Bangaldesh border since about a fortnight now. Near 3 million meters of denim fabric meant for garments for brands like GAP, Levis and H&M is stuck at the border owing to huge traffic.

The company exports near 3 million meters per month to Bangladesh for conversion, out of its 110 million meters of denim produced per annum. Of that, currently over 2.7 million meters worth over $9 million is held up.

Related Arvind Ltd. Links:

Arvind Share Price

80.40 4.20 (5.51%) Feb 26, 18:55
1 Year Price Chart
Company Name CMP
Arvind 80.40
Welspun India 68.80
PDS Multinational 641.00
Vardhman Textiles 1185.40
KPR Mill 919.50
View more..
Sensex vs Arvind
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323