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Denim firms flooded with export orders as global economy revives

After witnessing a sluggish trend for the past couple of quarters, denim manufacturers have reason to cheer. With various countries recovering from the global financial meltdown, orders have started pouring in for many denim companies. The revival has been such that denim players are experiencing a tsunami of orders. Arvind Limited, India’s largest denim producer based in Ahmedabad, has its hands full with export orders. The firm has a denim production capacity of 75 lakh metres a month. “While retailing in foreign countries is still at a low point, exports are increasingly ...