Arvind Envisol plans to execute water treatment projects in Bangladesh, whose economy depends heavily on the heavily polluting textile and clothing industry. Arvind Envisol, the waste water treatment arm of the textile conglomerate Arvind, expects to accelerate growth in India by launching its components business Kaigo. It expects this unit to contribute 25 per cent to its overall revenue in the next three years and establish the company’s presence in the consumer sector by supplying directly to original equipment manufacturers and end users. The company has emerged as one of the major focus areas within the Arvind group ever since a demerger last year split the parent into four listed companies.
Arvind Envisol is looking for collaborations across India, Africa, Bangladesh and China for driving growth and is in the final stages of signing a joint venture agreement with a Chinese textile company. Envisol is active in water and wastewater treatment and municipal solid waste management.
Arvind has an annual production capacity of more than 100 million meters in denim, 132 million meters in woven fabric, 10,000 tons of knit fabric and 48,000 meters of voile. The group has built a strong portfolio of brands that straddles consumer segments across the income pyramid.