Textile major Arvind eyes Rs.1500 crore from retail business by 2014

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Dec 1, 2012: Arvind Ltd. which generates Rs.680 crore revenues annually is looking at a turnover of Rs. 1500 crore from retail business alone next year. They are aiming at this figure by March 2014. Arvind Ltd which has got 73 retail stores under the brand name Arvind Stores and Fabric Business and Arvind Lifestyle Brands Ltd. is looking to increase its number of stores to 100 by March and to 240 by 2014. Arvind expects to generate nearly Rs. 500 crore from its retail stores and Rs. 1500 crore from its fabric segment by 2014.