Arvind gears up for demerger of branded apparel, engineering ventures

The demerger comes at a time when Arvind Limited is looking to cross the Rs 100 billion turnover mark on the back of a 15-16 per cent growth that it has been witnessing

Even as it is set to touch the Rs 100 billion revenue mark for the first time in fiscal 2017-18, Arvind Limited is gearing up for demerger of its branded apparel & retail as well as engineering ventures into separate entities, as part of restructuring its business. 

The integrated textile company is working towards closing the demerger by October 2018 which will result in three separate entities, each of which will look at three key businesses including textiles (including fabric, garments and technical textiles), branded apparel & retail, and engineering. This will result in branded apparel and retail business being