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{{Short description|Indian textile company}}
{{Multiple issues|
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{{Cleanup rewrite|date=May 2025}}
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{{Use dmy dates|date=May 2018}}
{{Use Indian English|date=May 2018}}
{{Infobox company
| name = Arvind Limited
| logo = Arvind logo.svg
| former_name = Arvind Mills Limited (1931–2008)
| type = [[Public company|Public]]
| traded_as = {{ubl|{{NSE|ARVIND}}|{{BSE|500101}}}}
| key_people = Sanjay Lalbhai <br>{{small|([[Chairman]] & [[Managing Director|MD]])}}<br> Punit Lalbhai, Kulin Lalbhai <br>{{small|([[Chairman|Vice Chairman's]])}}
| industry = [[Conglomerate (company)|Conglomerate]]
| products = Denim, knits, woven, engineering, retail, telecom, advanced material, agribusiness, real estate, the Arvind Store
| revenue = {{up}}{{INRConvert|8329|c}} (2025)<ref name=bse-500101>{{cite web |url=http://www.bseindia.com/stock-share-price/stockreach_financials.aspx?scripcode=500101&expandable=0 |accessdate=30 July 2016 |title=Arvind Ltd. |website=BSE}}</ref>
| operating_income =
| net_income = {{up}}{{INRConvert|367|c}} (2025)
| num_employees = 25,620<ref>{{cite web|url=http://www.arvind.com/company/people.htm|title=Arvind Limited|work=arvind.com|accessdate=20 May 2015}}</ref>
| parent = Lalbhai Group
| subsid =
| foundation = {{start date and age|1931|df=yes}}
| founder = [[Kasturbhai Lalbhai]]
| location = [[Ahmedabad]], [[India]]
| homepage = {{URL|www.arvind.com}}
}}

'''Arvind Limited''' (formerly '''Arvind Mills''') is an Indian textile manufacturer and the flagship company of the Lalbhai Group. Founded in 1931 by [[Kasturbhai Lalbhai]] along with his brothers Chhotalal and Narbheram, the company is headquartered in [[Naroda]], [[Ahmedabad]], [[Gujarat]], with additional units at Santej (near Kalol). Arvind manufactures cotton shirting, denim, knits, and bottomweight (khaki) fabrics.<ref>{{cite web|url=http://www.business-standard.com/article/pti-stories/kvic-takes-big-steps-to-widen-base-of-khadi-garment-consumers-117052301484_1.html|title=KVIC takes big steps to widen base of khadi garment consumers|date=23 May 2017|location=New Delhi|agency=Press Trust of India|work=The Business Standard|access-date=26 April 2025|archive-url=https://web.archive.org/web/20170523163428/http://www.business-standard.com/article/pti-stories/kvic-takes-big-steps-to-widen-base-of-khadi-garment-consumers-117052301484_1.html|archive-date=23 May 2017}}</ref><ref>{{cite web|url=https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/arvind-ltd-to-buy-denim-khadi-from-khadi-and-village-industries-commission/articleshow/59714404.cms|title=Arvind Ltd to buy Denim khadi from Khadi and Village Industries Commission|date=22 July 2017|location=New Delhi|agency=Press Trust of India|work=The Economic Times|access-date=26 April 2025|archive-url=https://web.archive.org/web/20181018102016/https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/arvind-ltd-to-buy-denim-khadi-from-khadi-and-village-industries-commission/articleshow/59714404.cms|archive-date=18 October 2018}}</ref> In 2011, it diversified into technical textiles through its Advanced Materials Division.<ref>{{Cite web|url=https://oakbrook.ac.in/industrial-visits/|title=industrial-visits {{!}} Oakbrook Business School|language=en-US|access-date=2019-07-16|archive-date=16 July 2019|archive-url=https://web.archive.org/web/20190716023954/https://oakbrook.ac.in/industrial-visits/|url-status=dead}}</ref> The company is the largest producer of denim in [[India]].<ref name="re">{{cite news|url=http://in.reuters.com/article/idINIndia-29765320070928|archive-url=https://web.archive.org/web/20160304044619/http://in.reuters.com/article/idINIndia-29765320070928|url-status=dead|archive-date=4 March 2016|title=Arvind Mills to issue warrants to promoters|date=28 September 2007|work=Reuters|location=Mumbai}}</ref>

Sanjaybhai Lalbhai is the current Chairman and managing director of Arvind and Lalbhai Group. In the early 1980s, he led the 'Reno-vision' whereby the company brought denim into the domestic market, thus starting the [[jeans]] revolution in [[India]].<ref>{{cite web|url=https://www.bbc.com/news/world-asia-25989261|title=Working Lives India: Denim king|work=BBC News|accessdate=20 May 2015|date=7 February 2014}}</ref> Today it retails its own brands like Flying Machine, Newport and Excalibur and licensed international brands like [[Arrow (brand)|Arrow]], [[Tommy Hilfiger (company)|Tommy Hilfiger]], and [[Calvin Klein (company)|Calvin Klein]] through its nationwide retail network. Arvind also runs three clothing and accessories retail chains, the Arvind Store, Unlimited and Megamart, which stocks company brands.<ref>{{cite news |date=26 October 2010 |title=Arvind Mills lines up Rs 850 cr expansion plan over 5 years |url=http://www.thehindubusinessline.com/blnus/02261920.htm |accessdate=27 December 2010 |work=Business Line}}[https://www.worldfashionexchange.com/textile-erp-software/]</ref><ref>{{cite news|url=http://economictimes.indiatimes.com/news/news-by-industry/cons-products/garments-/-textiles/RIL-eyes-Arvind-Mills-manufacturing-facilities/articleshow/2493703.cms|title=RIL eyes Arvind Mills' manufacturing facilities|date=27 October 2007|work=The Economic Times|accessdate=27 December 2010|location=New Delhi|author1=Sharma, Sanjeev |author2=Jha, Mayur Shekhar}}</ref>

==Arvind Mills==
<gallery widths="160" heights="120" perrow="4">
File:Arvind Mills Image.jpg|Arvind Mill in 1930s
File:Shri Sanjay Lalbhai.jpg|Sanjay Lalbhai, the Chairman and managing director of Arvind Limited
</gallery>

==History and operations==
[[File:Shri Kasturbhai Lalbhai Image.jpg|thumb|alt=Arvind Mills|[[Kasturbhai Lalbhai]], the co-founder of [[Arvind (company)|Arvind Mills]]|292x292px]]
* 1897: Arvind Mills started a business for [[saree|sarees.]]
* 1931: Arvind Mills Ltd was incorporated by three brothers Kasturbhai, Narottambhai and Chimanbhai.<ref name="Arvind Ref1">{{cite news |title=Arvind Ltd. |url=https://www.business-standard.com/company/arvind-ltd-29/information/company-history |access-date=9 May 2021 |publisher=Business Standard India}}</ref> with a share capital of ₹165,000 ($2500) in [[Ahmedabad]]. The products manufactured were dhoties, [[saree]]s, mulls, dorias, crepes, shirtings, [[lingerie]], coatings, printed lawns and voiles cambrics, twills and gaberdine.
* 1934: Became established as the foremost textile units in the country.<ref name="Arvind Ref1" />
* 1985: Diversified into electronics by setting up a plant to manufacture electronic telephone exchanges (EPABX) and also entering into marketing pharmaceutical products and B&W and colour television sets under the name Pyramid.<ref name="Arvind Ref1" />
* 1986: Became the first company in India to bring globally accepted fabrics such as Denim yarn dyed shirting fabrics & wrinkle free gabardines.<ref name="Arvind Ref1" />
* 1987: The company took up a [[modernisation]] program to triple the production of denim cloth and to produce double [[yarn]] fabrics for [[exports]]. The new product groups identified were: indigo dyed blue denim and high quality two-ply fabrics for exports, and products such as butta sarees, full voiles and dhoties. It also started retail outlets for 'Arrow' brand and became the first company in India to bring international shirt brand 'Arrow'.<ref name="Arvind Ref1" />
* 1991: Arvind reached 100  million meters of denim per year, becoming the fourth-largest producer of denim in the world.
* 1992: The company increased production of denim cloth by 23,000 tonnes per day by modernising the plant at Khatraj of Ankur Textiles.
* 1994: The company's operations were divided into textile, telecom and garments divisions.
* 1995: The garment division launched ready to stitch jeans pack under the brand Ruf & Tuf.
* 1997: The marketing and distribution network of the Newport brand was strengthened and the relaunched Flying Machine and Ruggers brands were strengthened.
** Arvind Mills set up an anti-[[piracy]] cell for the first time in India to curb large scale counterfeiting of their brands Ruf & Tuf and Newport jeans.
** Arvind Mills adopted the franchisee system for manufacturing and distribution of Ruf & Tuf jeans.
** Arvind Fashions doubled capacity at the [[Bangalore]] manufacturing facility to produce [[Lee (Jeans)|Lee]] jeans.
* 1998: Arvind Mills emerged as the world's third largest manufacturer of denim.
** Arvind Mills went live with [[SAP R/3]] ERP package in April 1997 in their new manufacturing units.
* 2001 (February): The company increased the number of Spindles and Stitching Machines by 2036 Nos and 38 Nos respectively.<ref name="Arvind Ref1" />
* 2003: For the fourth quarter, Arvind Mills saw a 280% growth in net profit.
** Arvind Mills Ltd was assigned a "P1+" rating by [[CRISIL]], which indicated a very strong rating for their [[commercial paper]].
** It increased the number of Stitching machines by 7 Nos.<ref name="Arvind Ref1" />
* 2004: Expanded their shirts manufacturing capacity from 2.4 million pieces to 4.8 million pieces per annum.<ref name="Arvind Ref1" /> Its subsidiary company Arvind Spinning Ltd commenced its operation.<ref name="Arvind Ref1" />
* 2005: For the fourth quarter in a row, Arvind Mills posted a profit growth in excess of 80%.
** Arvind Mills bought the entire stake in Arvind Brands from [[ICICI]] Ventures.
** commenced their operations of producing Jeans Pant in [[Bangalore]] with the installed capacity of 4 million Pcs per annum from March.<ref name="Arvind Ref1" />
* 2006: New Denim collection was launched aimed at Super Premium brands of [[United States|US]], [[Europe]], [[Japan]] and [[South Korea|Korea]]. Also opened new venues for the Denim division as response to this collection was good.<ref name="Arvind Ref1" />
** April: Demerge and transfer of the Garments Business Division to their 100% subsidiary company Arvind Brands Ltd and amalgamating Arvind Fashions Ltd a 100% subsidiary of Arvind Brands Ltd with Arvind Mills.<ref name="Arvind Ref1" /> Joint venture with company Arvind Murjani Brand Pvt Ltd through which they hold license to sell Tommy Hilfiger brand apparel in India.<ref name="Arvind Ref1" />
** August: Wholesale branded apparel business of Arvind Fashions Ltd sold to VF Arvind Brands Pvt Ltd.<ref name="Arvind Ref1" />
*2007: Arvind expanded its presence in the retail segment by establishing MegaMart, one of India's largest value retail chains.
*2008: From March, the company signed an exclusive license agreement with [[PVH (company)|Philips-Van Heusen Corporation]] (PVH) for designing, distribution and retailing of IZOD brand apparels in India.<ref name="Arvind Ref1" />
** May: Company's name changed from Arvind Mills Ltd to Arvind Ltd to accurately reflect the multi-faceted nature of the organization.<ref name="Arvind Ref1" />
*2010: Arvind launched "Arvind Store", a concept showcasing the company's best fabrics, brands and bespoke styling and tailoring solutions under one roof.
** September: Set up a 30 million meters of denim manufacturing plant in [[Bangladesh]] with a total investment of $60 million in joint venture with Nitol group where the latter would have 20% stake in the joint venture company.<ref name="Arvind Ref1" />
** Arvind launched its first major real estate project.
** Arvind became one of India's largest producers of fire protection fabrics.
* 2011 (November): Arvind announced that it had divested its minority stake of 40% in VF Arvind Brands Private Limited (VFABPL), which was engaged in marketing products under the brands Lee and Wrangler and was formed in September 2006 with 60:40 shareholding between VF Mauritius and Arvind, to VF Mauritius for {{INR}}257 crore.<ref name="Arvind Ref1" /> Arvind share in the Joint Venture was {{INR}}5.47 crore as the capital of the joint venture company.<ref name="Arvind Ref1" />
* 2012: joint venture with PD Group, [[Germany]], for manufacturing glass fabrics.
September: Arvind's subsidiary Arvind Lifestyle Brands acquired the business operations of British fashion retailers Debenhams and Next and American Lifestyle brand Nautica in India from Planet Retail marking the entry of Arvind into the Bridge to Luxury Department Store Segment and also entering into the fast growing segment of apparel specialty retail through Next stores.<ref name="Arvind Ref1" /> The licensing agreement with Nautica consolidates company's already strong position in high potential sportswear segment.<ref name="Arvind Ref1" />
* 2014: joint venture with PVH for Calvin Klein Businesses in India.
** Launched formal suits with Goodhill Corporation Limited of [[Japan]].
** Arvind Envisol, a subsidiary of the company providing waste water treatment solutions acquired a global patent for its Polymeric Film Evaporation Technology (PFET) as this revolutionary technology helps it to save 80% energy cost for Envisol's Zero Liquid Discharge water treatment system.<ref name="Arvind Ref1" />
* 2014: joint venture with OG Corp, Japan, for manufacturing and sale of non-woven fabrics, the project being spearheaded by Dr. Kunal Shah.
* 2014: forayed into the E-commerce segment with custom clothing brand Creyate, offering fine bespoke menswear with a degree of customisation rarely found.<ref name="Arvind Ref1" /><ref>{{cite news| url=http://www.btvin.com/videos/watch/8451/arvind-forays-into-e-commerce-| archive-url=https://web.archive.org/web/20140822042708/http://www.btvin.com/videos/watch/8451/arvind-forays-into-e-commerce-| url-status=usurped| archive-date=22 August 2014| title= Arvind Forays Into E-Commerce| publisher= [[Bloomberg TV India]] |date=19 August 2014 |author=Hegde, Prabha}}</ref>
* 2014: The company published its first Sustainability Report, 'Fundamentally Right'.<ref>{{cite web|url=http://apparelresources.com/wp-content/uploads/woocommerce_uploads/2016/12/arvind-sustainability-report.pdf |accessdate=30 March 2019 |title=Fundamentally Right {{!}} Arvind Sustainability Report 2013-14 |publisher=Arvind}}</ref>
* 2015: partnered with USA-headquartered [[Invista]], owner of the [[Lycra]] fibre brand to manufacture stretch denim fabric in India.<ref name="Arvind Ref1" />
** Company launched denim fabric Khadi Denim.<ref name="Arvind Ref1" />
** Collaborated with world's largest internet giant and most renowned denim brand and launches wearable denim technology and smart denim jackets.<ref name="Arvind Ref1" />
** Launched a 4-in-1 smart shirt in association with Arrow.<ref name="Arvind Ref1" />
* 2016: The company entered online retailing with NNNow.com, a one-stop shopping destination for trendsetters across India.<ref>{{cite web|url=http://www.thehindubusinessline.com/companies/arvind-to-digitise-its-textile-stores/article8650994.ece|title=Arvind to digitise its textile stores|last=Pani|first=Priyanka|date=26 May 2016|website=The Hindu Business Line|access-date=13 June 2016}}</ref>
* 2016: GAP joined hands with Arvind to sell apparels through NNNow.com<ref name="Arvind Ref1" /><ref>{{Cite news|url=https://www.thehindubusinessline.com/companies/gap-joins-hands-with-arvind-to-sell-apparels-through-nnnowcom/article9208210.ece|title=GAP joins hands with Arvind to sell apparels through NNNow.com|date=11 October 2016|newspaper=The Hindu Business Line |access-date=10 May 2018 }}</ref>
* 2016: Arvind Fashion Brands tied up with cricket legend [[Sachin Tendulkar]] and launched True Blue, a menswear label that embodies the spirit of the global Indian.<ref name="Arvind Ref1" />
* 2016 (October) announced decision to generate about {{INR}}740 crores by diluting 10% stake in its brand business arm pegging its enterprise value at {{INR}}8,000 crore and same would be picked up by Multiples, the Private Equity firm founded by Renuka Ramnath.<ref name="Arvind Ref1" />
* 2017: Launched its own Ready-To-Wear brand.<ref name="Arvind Ref1" />
** October: signed a Memorandum of Understanding (MoU) with the Gujarat state government to establish a mega apparel factory in the state, a {{INR}}300 crore project in Dahegam with capacity to produce over 24 million garments once fully operational.<ref name="Arvind Ref1" />
** November: India's largest textile and branded apparel player announced decision to demerge its Branded Apparel and Engineering businesses from the parent company, into the entity Arvind Fashions Limited and the shareholders of Arvind Limited would be entitled for one equity share of Arvind Fashions Limited for every five shares held by them in parent company.<ref name="Arvind Ref1" /> Engineering business would be demerged into an entity named as Anup Engineering and would be engaged in the manufacturing of critical process equipment and Shareholders of Arvind Limited will be entitled for 1 equity shares of Anup Engineering Limited for 27 shares held by them in parent company.<ref name="Arvind Ref1" /> Both the companies were planned to be listed on BSE and NSE on completion of process.<ref name="Arvind Ref1" />
* 2018 (March): [[Adient]] (NYSE: ADNT), announced the formation of Adient Arvind Automotive Fabrics a joint venture with Arvind Limited for development, manufacture and sale of automotive fabrics in India and the new company would be based in [[Ahmedabad]], India, and would manufacture fabrics for automotive seating at a fabric manufacturing facility.<ref name="Arvind Ref1" />

==Financial restructuring==
In the mid-1990s, the company undertook a massive expansion of its denim capacity even though other cotton fabrics were slowly replacing the demand for denim. The expansion plan was funded by loans from both Indian and overseas [[financial institutions]]. With the demand for denim slowing, the company found it difficult to repay the loans, resulting in an increased interest burden on the loans. In the late 1990s, the company encountered financial problems due to its debt burden, resulting in incurring significant losses.<ref>{{cite news| url=http://articles.economictimes.indiatimes.com/2012-12-14/news/35820140_1_sanjay-lalbhai-kulin-lalbhai-punit | work=The Economic Times | title=Arvind Mills: From near bankruptcy to reinvention | date=14 December 2012 |accessdate=10 November 2013 |archiveurl=https://web.archive.org/web/20131110191656/http://articles.economictimes.indiatimes.com/2012-12-14/news/35820140_1_sanjay-lalbhai-kulin-lalbhai-punit |archivedate=10 November 2013 |url-status=dead}}</ref>

The company came up with a debt-restructuring plan for the long-term debts being taken up in February 2001. This complex financial restructuring exercise, which involved several domestic and international lenders, is considered to be the benchmark and a case study in India. The restructuring was overseen by Jayesh Shah, CFO, and advised on by a JP Morgan Hong Kong team, led by Ahmad Ayaz.

In 2018, Arvind Ltd. demerged its branded apparel and engineering business into separate entities for enhanced focus and value addition for the shareholders of the Company. It got the nod from NCLT Ahmedabad bench for demerger in Oct 2018.<ref>{{cite news |title=Arvind gets NCLT's approval for demerger of branded apparel, engineering biz |url=https://economictimes.indiatimes.com/news/company/corporate-trends/arvind-gets-nclts-approval-for-demerger-of-branded-apparel-engineering-biz/articleshow/66384336.cms |accessdate=31 January 2019 |work=The Economic Times |publisher=Bennett, Coleman & Co. Ltd. |date=26 October 2018}}</ref> Arvind Fashions, the branded apparel entity, will be scaling up existing brand portfolio and improve profitability across brands.<ref>{{cite news |title=Arvind Fashions aims to double revenues to {{INR}}10,000 crore by 2025 |url=https://www.cnbctv18.com/retail/arvind-fashions-aims-to-double-revenues-to-rs-10000-crore-by-2025-1882281.htm |accessdate=31 January 2019 |work=CNBC TV18 |publisher=TV18 Broadcast Limited |date=8 January 2019}}</ref> Anveshan Heavy Engineering, earlier known as Anup Engineering, has laid down capex plans of ₹80 crore to double existing fabrication capacity of 15,000 tonnes per annum by implementing product mix. Out of the planned investment, ₹40 crore has already been invested.<ref>{{cite news |last1=Vora |first1=Rutam |title=Arvind's engineering arm aims to be a full solutions provider for oil sector |url=https://www.thehindubusinessline.com/companies/arvinds-engineering-arm-aims-to-be-a-full-solutions-provider-for-oil-sector/article23884841.ece |accessdate=31 January 2019 |work=The Hindu Business Line |date=14 May 2018 |language=en}}</ref>

==See also==
* [[Kasturbhai Lalbhai]]

==References==
{{Reflist}}

==External links==
* [https://economictimes.indiatimes.com/arvind-brands-drops-ruggers-bay-island/articleshow/1288930.cms Economics Times News About Arvind]
* [https://wap.business-standard.com/company/arvind-ltd-29/information/company-history Business Standard | Arvind Company History ]

{{Lalbhai Group}}

[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Indian companies established in 1931]]
[[Category:Lalbhai family]]
[[Category:Lalbhai Group]]
[[Category:Manufacturing companies based in Ahmedabad]]
[[Category:Manufacturing companies established in 1931]]
[[Category:Textile companies of India]]
[[Category:Textile industry in Gujarat]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Family-owned companies of India]]
[[Category:Offshore companies of India]]

Arvind company - Revision history

XMXHosea83962264 at 07:10, 22 November 2025