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Arvind anticipates Rs 4000-cr rev FY11

Textile major Arvind Ltd is targeting a Rs 4,000-crore


August 17, 2010  |  comments ( 0 )  | 
Arvind anticipates Rs 4000-cr rev FY11

Textile major Arvind Ltd is targeting a Rs 4,000-crore turnover this financial year, driven by B-to-C(business to customer) retail business in the domestic market.The company has clocked a turnover of Rs 3,200 crore last year. Anticipating a good response, this timethe company is targeting a turnover of Rs 4,000 crore, including Rs 100-crore income from real estate.The group is expecting Rs 850-crore income from its various real estate businesses in Gujarat over thenext 3 years.The company has recently inaugurated its first retail outlet in Hyderabad, Arvind Store giving more emphasis to thedomestic market both in the retail and brand segment.The company plans to open 20 Arvind Stores in Andhra Pradesh alone and around 100 all over India inthe next two years and hoping revenue of Rs 200 crore from these stores in the coming time.


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