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Arvind to scale up garment manufacturing six fold

Arvind Ltd, maker of Arrow and US Polo Association apparel in India, plan to invest Rs 1,500 crore in three years to increase its garment making capacity by six-fold to meet the rising demand for branded apparel and fashion garments.

The expansion is a part of a mega global trend of selling garments directly to a brand as a full packaged solution rather than selling to an intermediary who converts and then sells to a brand.

The company will open large factories in Gujarat, Karnataka, Jharkhand and Andhra Pradesh which can employ 10,000 workers.

The exercise is a part of a target of doubling India’s largest denim maker’s textile turnover by 2022 from Rs 6,000 crore at present. Denim constitutes around Rs 2,500 crore to the total turnover.

The company will use cash flows to fund Arvind Fashions for many years to expand the fabric-to-garment conversion capacity.

 

 
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