Arvind’s joint venture (JV) firm with Goodhill Corporation of Japan - Arvind Goodhill Suit Manufacturing, has launched formal suits on February 26. The JV firm has set up a Greenfield suits manufacturing facility based out of Bommansandra Industrial estate in Bengaluru, to produce high-end formal suits catering to the needs of evolved Indian and overseas customers.
The unit has started with two lines each for jackets and trousers, with the capacity to produce 350,000 pieces of jackets and 600,000 pairs of trousers annually. In its first year of operation, it expects to achieve a turnover of around Rs 100 crore.
Currently producing 6 million pieces of Jeans and 4 million pieces of shirts annually out of their 7 production facilities in Bengaluru, Arvind is expanding its offering to offer complete solution to its customers who are the most marquee global and Indian names in apparel brands and retail.
| Company Name | CMP |
|---|---|
| Welspun Living | 125.45 |
| Vardhman Textiles | 557.75 |
| Arvind | 387.20 |
| K.P.R. Mill | 926.40 |
| Page Industries | 37935.70 |
| View more.. | |
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