How Arvind mill works
ARVIND MILLS
LIMITED
Arvind Mills is India's largest and the world's third largest denim manufacturer.
Background
Arvind Mills Ltd. (AML), the flagship company of the US$ 500 million Lalbhai Group, was incorporated in 1931. It aimed at manufacturing high-end superfine fabrics with imported state-ofthe-art machinery.With 52,560 ring spindles, 2552 doubling spindles and 1122 looms, it was one of the few companies in the early period of India’s industrialisation to have spinning and weaving facilities along with full-fledged facilities for dyeing, bleaching, finishing and mercerising.
In the mid 1980s the Indian textile industry was faced with a crisis on account of the power loom sector churning out vast quantities of inexpensive fabric which led to many large composite mills losing their markets.While the company was operating at its highest level of profitability during this period, it took a proactive measure to increase its focus on the international markets to counter the threat from the power loom sector. In 1988, the company entered the export market for two segments, denim for leisure & fashion wear and high quality fabric for cotton shirting and trousers.
By 1991, the company had become the third largest producer of denim in the world.
The company has carved out an aggressive strategy to further expand its current operations by setting up world-class garment manufacturing facilities and offering a one-stop shop, offering complete garment packages to its international and domestic customers. Apart from this, the company with a host of international and domestic brands like Lee,
Wrangler, Arrow, Flying Machine, Newport, Ruf &
Tuf etc in its portfolio is focusing on becoming the largest branded apparel company in India.
The Indian promoters hold 37.0 per cent of the total equity in the company. Foreign institutional investors, non-resident Indians and overseas corporate bodies hold 24.4 per cent stake in the
LIMITED
Arvind Mills is India's largest and the world's third largest denim manufacturer.
Background
Arvind Mills Ltd. (AML), the flagship company of the US$ 500 million Lalbhai Group, was incorporated in 1931. It aimed at manufacturing high-end superfine fabrics with imported state-ofthe-art machinery.With 52,560 ring spindles, 2552 doubling spindles and 1122 looms, it was one of the few companies in the early period of India’s industrialisation to have spinning and weaving facilities along with full-fledged facilities for dyeing, bleaching, finishing and mercerising.
In the mid 1980s the Indian textile industry was faced with a crisis on account of the power loom sector churning out vast quantities of inexpensive fabric which led to many large composite mills losing their markets.While the company was operating at its highest level of profitability during this period, it took a proactive measure to increase its focus on the international markets to counter the threat from the power loom sector. In 1988, the company entered the export market for two segments, denim for leisure & fashion wear and high quality fabric for cotton shirting and trousers.
By 1991, the company had become the third largest producer of denim in the world.
The company has carved out an aggressive strategy to further expand its current operations by setting up world-class garment manufacturing facilities and offering a one-stop shop, offering complete garment packages to its international and domestic customers. Apart from this, the company with a host of international and domestic brands like Lee,
Wrangler, Arrow, Flying Machine, Newport, Ruf &
Tuf etc in its portfolio is focusing on becoming the largest branded apparel company in India.
The Indian promoters hold 37.0 per cent of the total equity in the company. Foreign institutional investors, non-resident Indians and overseas corporate bodies hold 24.4 per cent stake in the