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Related Keywords: Arvind Internet, Arvind Ltd, double revenue, ecommerce division, entered into third-party tie-ups, entire offline stores will be digitized and live, first omni channel fashion strategy, integrate physical stores, launched NNNow.com, middle of this fiscal, online platform, textile manufacturer, to sell other brand of their portal, warehouses

Textile manufacturer Arvind Ltd’s e-commerce division Arvind Internet has launched NNNow.com, its first omni channel fashion strategy that will integrate its physical stores, online platform and warehouses, expects to garner 10-15 percent of its business from online sales in the next three to four years, said Kulin Lalbhai, executive director of the company.

Currently their brand revenue is Rs 3,000 crore and they expect this revenue to grow to $1 billion (Rs 6,700 crore at the current exchange rate) by 2020 The brands business is growing 20 per cent CAGR.

Related Keywords: address challenges faced by SMEs, bring multiple SMEs together, develope solutions for textile and apparel SMEs, financial advisore, IL&FS Clusters, launch Enterprise Development Services, link with financing agencies, online platform, tax and legal advisors, technology and marketing consultants, Tirupur Exporters Association

IL&FS Cluster Development Initiative Ltd (IL&FS Clusters) is a subsidiary of IL&FS Group, has been established for developing solutions for textile and apparel SMEs is planning to launch "Enterprise Development Services (EDS)", an online platform for bringing multiple SMEs together and link them with financing agencies, financial advisors, technology & marketing consultants, tax & legal advisors, etc.

Related Keywords: (APCO), Amazon, Andhra govt, Andhra Pradesh State Handloom Weavers Cooperative Society Ltd., Flipkart, handloom, online platform, online retailers, Snapdeal

The Union Government which is keen to promote cotton fibre and handloom products is lent a helping hand by the online retailers viz. Flipkart,Amazon,Snapdeal.

The Andhra Pradesh Government is holding discussions with these plugged-in retailers to sell handloom products on their website.

This will help in introducing an online platform to the workmanship of the handloom weavers as well as recognition to the ancient tradition, which is one of the prime reasons of the Union Government backing these weavers.