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Related Keywords: 000 crore business, 500 crore, Arvind Limited, existing units, expand capacity, expects Rs 10, flagship company of the Lalbhai Group, intends to invest Rs 1, set up new facilities, textile manufacturer, textiles business in next four to five years

Arvind Limited is a textile manufacturer and the flagship company of the Lalbhai Group. Its headquarters is in Naroda, Ahmedabad, expects Rs 10,000 crore business from its textiles business in the next four to five years. The company intends to invest Rs 1,500 crore in the textiles business to expand capacity of its existing units as well as set up new facilities, according to a top company official.

Related Keywords: Andhra Pradesh Economic Development Board, Arvind Ltd, flagship company of the Lalbhai Group, India’s largest denim manufacturer, set up an integrated apparel and textile park in Chittoor, signed a memorandum of understanding, world’s fourth largest producer and exporter of denim

Arvind Ltd, the flagship company of the Lalbhai Group, India’s largest denim manufacturer and the world’s fourth largest producer and exporter of denim has signed a memorandum of understanding with the Andhra Pradesh Economic Development Board to set up an integrated apparel and textile park in Chittoor.

Arvind plans to establish the facility in multiple phases across 100-125 acres with a capacity to produce 24 million pieces of shirts, jeans per annum. The proposed facility will see an initial investment of ₹250-300 crore and is expected to create 15,000 jobs in the first phase.