Arvind, with a base of Rs 6,000 crore, is growing at around 6% at present

News Tags: 000 crore, 000 crore by 2023, 35% of the company’s revenues come from the sales of brands like Calvin Klein, Aeropostale and Gap, Arrow, Flying Machine, in textiles, Textile major Arvind is targeting revenues of `20, the shift in favour of high asset turns and technology-driven expansion, the textiles business of Arvind, Tommy Hilfiger, with a base of Rs 6

Mumbai
Summary: 
Arvind had 1,137 stores across brands, 93 Unlimited stores and 32 specialty retail stores as of December 31.The textiles business of Arvind, with a base of Rs 6,000 crore, is growing at around 6% at present, said Lalbhai. Revenue at Arvind’s textile business grew 9.41% to `1,534.43 crore in Q3FY18. According to analysts Arvind’s management has earmarked `1,500 crore of capital to be invested over the next three years in processing and technology-driven innovations, creating capabilities in advanced materials and developing capacity in the high-growth garmenting division.Over 35% of the company’s revenues come from the sales of brands like Calvin Klein, Flying Machine, Arrow, Tommy Hilfiger, Aeropostale and Gap, among others. Revenues for the branded apparel segment came in at `961 crore in Q3FY18, up 23.6% year-on-year, while Ebitda improved almost 123% to Rs 67 crore

Arvind had 1,137 stores across brands, 93 Unlimited stores and 32 specialty retail stores as of December 31.The textiles business of Arvind, with a base of Rs 6,000 crore, is growing at around 6% at present, said Lalbhai. Revenue at Arvind’s textile business grew 9.41% to `1,534.43 crore in Q3FY18.

http://www.financialexpress.com/industry/textile-major-arvind-targets-rs-20000-cr-revenues-by-2023/1130071/
0

Hyosung Corp to invest Rs 3,000cr in spandex project in Maharashtra

News Tags: 000 crore, Hyosung Corporation, India a key focus market, invest around Rs 3, largest global spandex producer of South Korea, Maharashtra spandex project, textile field, working with several leading Indian players

Mumbai
Hyosung Corp to invest Rs 3,000cr in spandex project in Maharashtra
Summary: 
Hyosung Corporation , the largest global spandex producer of South Korea, which is working with several leading Indian players in the textile field feels that India is a key focus market for the company is likely to invest around Rs 3,000 crore Maharashtra’s spandex project.

Hyosung Corporation , the largest global spandex producer of South Korea, which is working with several leading Indian players in the textile field feels that India is a key focus market for the company is likely to invest around Rs 3,000 crore Maharashtra’s spandex project.

The Spandex manufacturing facility to be set up in Aurangabad Industrial city (AURIC), a greenfield smart industrial city being developed across 10,000 acres, as part of the Delhi-Mumbai Industrial Corridor (DMIC), the official said.

https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/hyosung-corp-to-invest-rs-3000-crore-in-maharashtra-spandex-project/articleshow/62944155.cms
0

Eastern states likely to draw Rs30,000cr investment in petrochem by 2030

News Tags: 000 crore, 000-15, 000-16, chairman Sanjiv Singh, draw investments worth Rs 12, estimated at $50 billion, exploit opportunities in value chain, growing 11 percent year-on-year, India petrochemicals market, Indian Oil Corporation Ltd, investment opportunity of Rs 14, Petrochemicals Investors Conclave, plastic cluster offers, Textile cluster

Bhubaneshwar
Eastern states likely to draw Rs30,000cr investment in petrochem by 2030
Summary: 
India’s petrochemicals market is estimated at $50 billion and is growing 11 percent year-on-year, said Indian Oil Corporation Ltd (IOCL) chairman Sanjiv Singh. The textile cluster may draw investments worth Rs 12,000-15,000 crore while the plastic cluster offers an investment opportunity of Rs 14,000-16,000 crore.

India’s petrochemicals market is estimated at $50 billion and is growing 11 percent year-on-year, said Indian Oil Corporation Ltd (IOCL) chairman Sanjiv Singh. The textile cluster may draw investments worth Rs 12,000-15,000 crore while the plastic cluster offers an investment opportunity of Rs 14,000-16,000 crore.

http://www.business-standard.com/article/economy-policy/eastern-india-can-draw-rs-30-000-cr-petrochem-investments-by-2030-117111601484_1.html
0

Raymond focusing to double FMCG turnover to Rs1,000 cr in next 3-4 yrs

News Tags: 000 crore, apparel and textile maker, focusing on Park Avenue brand, get an identity, globalize themselves, home care brand, launched an initiative called One Park Avenue, male grooming products, over the next three-four years, plans to double turnover to Rs 1, Raymond Ltd

Mumbai
Raymond focusing to double FMCG turnover to Rs1,000 cr in next 3-4 yrs
Summary: 
Raymond Ltd, an apparel and textile maker focusing on its Park Avenue brand of male grooming products and home care brand Premium to revive its consumer packaged goods business, as it plans to double turnover to Rs 1,000 crore over the next three-four years.

Raymond Ltd, an apparel and textile maker focusing on its Park Avenue brand of male grooming products and home care brand Premium to revive its consumer packaged goods business, as it plans to double turnover to Rs 1,000 crore over the next three-four years.

Raymond is present in the FMCG space through its subsidiary JK Helene Curtis, which makes the Park Avenue brand of men’s grooming products. It was begun in 1964 as JK Ansell.

http://www.indiaretailing.com/2017/11/17/fashion/raymond-aims-double-fmcg-turnover-rs-1000-cr-3-4-yrs/
0

Major textile players seen enticed to Warangal textile park

News Tags: 000 crore, 450 crore, Gujarat based Nandan Denim of Chiripal group, investment will create jobs, Korean company, newly inaugurated Kakatiya textile park, proposed to invest about Rs 1, proposed to invest about Rs1, textile players, Warangal, Welspun Group, Youngone Corporation

Hyderabad
Major textile players seen enticed to Warangal textile park
Summary: 
At the newly inaugurated Kakatiya textile park in Warangal, among others textile players, Welspun group and Gujarat based Nandan Denim of Chiripal group have proposed to invest about Rs1,450 crore. Welspun and Nandan Denim will be investing Rs 750 crore and Rs 700 crore, respectively.

At the newly inaugurated Kakatiya textile park in Warangal, among others textile players, Welspun group and Gujarat based Nandan Denim of Chiripal group have proposed to invest about Rs1,450 crore. Welspun and Nandan Denim will be investing Rs 750 crore and Rs 700 crore, respectively.

While the Korean company Youngone Corporation has proposed to invest about Rs 1,000 crore,

http://www.financialexpress.com/industry/textile-park-attracts-rs-3020-cr-investments/903762/
0

CM to lay foundation stone for Kakatiya textile park in Warangal

News Tags: 000 crore, K Chandrasekhar Rao, Kakatiya Mega Textiles Park in Warangal, lay foundation stone, on October 20, park will have ginning, processing and garmenting facilities., public private partnership, set up at a cost of Rs11, spinning, Telangana Chief Minister, weaving

Telangana
CM to lay foundation stone for Kakatiya textile park in Warangal
Summary: 
Telangana Chief Minister K Chandrasekhar Rao will lay foundation stone for the Kakatiya Mega Textiles Park in Warangal on October 20 being set up at a cost of Rs11,000 crore in public private partnership, said Deputy Chief Minister Kadiam Srihari.

Telangana Chief Minister K Chandrasekhar Rao will lay foundation stone for the Kakatiya Mega Textiles Park in Warangal on October 20 being set up at a cost of Rs11,000 crore in public private partnership, said Deputy Chief Minister Kadiam Srihari.

Kadiam said that the Chief Minister has announced funds for the project that will boost textile production in the State and give employment to about 1.13 lakh people. Those who migrated to other states will get back to the park to eke out their livelihood. The park will have ginning, spinning, weaving, processing and garmenting facilities.

https://www.siasat.com/news/cm-will-lay-stone-textile-park-oct-20-kadiam-1241577/
0

Patanjali to venture into textile manufacturing to take on foreign cos

News Tags: 000 crore, breaking stronghold, foreign manufacturers, initial sales target of Rs. 5, make everything from underwear to ethnic and sportswear, Patanjali Ayurved Limited, Swadeshi clothing line, venturing into textile manufacturing, Yoga guru Baba Ramdev

Alwar
Patanjali to venture into textile manufacturing to take on foreign cos
Summary: 
Yoga guru Baba Ramdev's company Patanjali Ayurved Limited will be soon venturing into textile manufacturing . Patanjali will make everything from underwear to ethnic and sportswear breaking the stronghold of foreign manufacturers, Baba Ramdev said during the inauguration of Patanjali Gramodhyog in Alwar.

Yoga guru Baba Ramdev's company Patanjali Ayurved Limited will be soon venturing into textile manufacturing . Patanjali will make everything from underwear to ethnic and sportswear breaking the stronghold of foreign manufacturers, Baba Ramdev said during the inauguration of Patanjali Gramodhyog in Alwar.

http://timesofindia.indiatimes.com/city/jaipur/patanjali-to-enter-textile-biz-to-take-on-foreign-cos/articleshow/60861359.cms
0
 
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