Aarvee Denims and Exports Limited, India's second largest denim manufacturer, has decided to infuse around Rs 120 crore for expanding its manufacturing capacity in two phases. The company currently has an installed capacity of 61.25 million meters per annum, which it plans to scale up to 90 million meters. The first phase of the expansion is likely to be completed by February 2011 and the second phase by December 2011.
