Started in 1931 by three brothers, Mr Kasturbhai Lalbhai, Mr Chimanbhai Lalbhai and Mr Narottambhai Lalbhai, with a share capital of Rs 2,525,000 (US$ 41,957*), Arvind Mills was set up with the aim of manufacturing high-end superfine fabrics in India.
The company has carved out an aggressive strategy to verticalise its current operations by setting up world-scale garmenting facilities and offering a one-stop shop service, by offering garment packages to its international and domestic customers. With their growing global footprint, Arvind has carved a niche with brand names like Arrow, Flying Machine, USPA, New Port, Mega Mart, and The Arvind Store.
Today, Arvind Mills has diversified into other major segments such as fabrics, garments, advanced materials, chemicals and dyes, retail, engineering, real estate, sustainable agriculture, and telecom.
ARVIND MILLS: A WORLD-CLASS APPAREL AND TEXTILES ORGANISATION
|2014||Buys 49 per cent stake in Calvin Klein in India and also sets up joint venture (JV) with Goodhill Corporation of Japan for launch of formal suits|
|2012||Signs distribution agreement with Billabong and also acquires India operations of Debenhams, Next, Nautica|
|2011||Sets up JV for marketing Tommy Hilfiger brand|
|2008||Expands presence in the brands and retail segment by establishing MegaMart|
|2000||Establishes garments exports division ‘Lifestyle Apparels’|
Updated: June, 2014