On Arvind by Vishal
On Arvind by Vishal
On Arvind by Vishal
INTRODUCTION
Arvind Mills, the flagship company of the Lalbhai Group, is one of India's leading composite manufacturer of textiles. Its headquarters is in Ahmedabad, Gujarat, India. It manufactures a range of cotton shirting, denim, knits and bottomweights (Khakis) fabrics.
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Type : Public (NSE, BSE) Industry : Textiles Founded : 1931 Headquarters : Ahmedabad Key people : Sanjay Lalbhai (CEO &MD) Arvind N. Lalbhai Products : Denim, Knits, Khakhis Revenue : Rs. 23.45 Billion Employees : 26000 Website : www.arvindmills.com
HISTORY
1931
Arvind Limited Limited is set up by three brothers Kasturbhai, Narottambhai and Chimanbhai Lalbhai with a share capital of Rs 2,525,000 (US$55,000) backed by state-of-the-art technology, with the aim to produce high-end superfine fabric. 1934 With sales reaching Rs 45.76 Lakhs, and a profit of almost Rs 3 Lakhs, Arvind establishes itself amongst the foremost textile units in the country. 1986 - An uninterrupted record of not missing out on paying dividend to its shareholders. - An established leader in fine & superfine cotton fabrics for Indian market. 1986 Renovision: First company to bring globally accepted fabrics Denim, yarn dyed shirting fabrics & wrinkle free gabardines to India.
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1987 - The largest zero discharge green efluent treatment plant in India. - Commitment to greener world 1987 - First company to bring International shirt brand Arrow to India - First company to start dedicated retail outlets for Arrow brand. - Awarded various awards for Highest exports and ISO 1989 - Largest denim & shirting in South Asia. - 3rd Largest denim capacity in the world 1997 First Indian company to verticals the cotton textile business from cotton fields to apparel retailing.
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1997-1998 First company to introduce ERP SAP business solutions 2008 Company launches 'Megamart', now India's largest value apparel-retail chain 2008 Largest portfolio of International brands: Lee, Wrangler, Nautica, Kipling, Tommy, Arrow, US Polo, Izod, Pierre Cardin, Palm Beach, Cherokee, hart Schaffner
Mission: The underlying theme running across the broad spectrum of all business activities at Arvind is that of enhancing lifestyles of people, across all diversities and demographics. Vision : To serve that end, the corporate vision for Arvind states: 'We will enable people to experience a better quality of life by providing enriching and inspiring lifestyle solutions'.
PHILOSOPHY
WE BELIEVE In people and their unlimited potential. In content and focus in problem solving. In teams for effective performance. In intellect & its power. WE ENDEAVOUR To select, train and coach people to obtain higher responsibilities. To nurture talent to build leaders for tomorrow's corporation. To reward, celebrate and activate all intellectual business contributions.
WE DREAM Of excellence in all endeavors. Of mutual benefit and prosperity. Of making the world a better place to live in. We Make Things Happen.
Ahmedabad Stock Exchange Ltd. (Regional Stock Exchange) Bombay Stock Exchange Ltd The Luxembourg Stock Exchange { Listing only of Global Depository Receipts (GDRs)} National Stock Exchange of India Limited
Ahmedabad Education Society Lalbhai Dalpatbhai Institute of Indology Ahmedabad Textile Industries Research Association (ATIRA) L.D. Engineering College L.D. Arts College Indian Institute of Management, Ahmedabad Gujarat University Mohinaba Kanya Vidyalay Rachana School Lalbhai Dalpatbhai Municipal School Lalbhai Dalpatbhai Bharatiya Sanskriti Vidya Mandir Consumer Education and Research Center
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HUMAN DEVELOPMENT Sharda Trust Narottam Lalbhai Rural Development Foundation Chandraprasad Desai Memorial Foundation Blindmens Association Sankat Nivarn Samhiti MEDICAL CARE AND RESEARCH Gujarat Cancer Society Jiuraj Hospital Shaardaben Chimanbhai Minicipal Hospital Sharda School of Mentally Retarded Children Sudhir Chimanbhai Rehabilitation Center
LIFESTYLE FABRICS
The Fabric of a Global Society In a world without boundaries, Arvind fabrics are equally universal in their appeal. Arvind aims to enrich lifestyles globally, inspiring diverse customers with the beauty of their fabrics. Denim Khaki Shirtings Knits Voiles
An annual capacity of 110 million meters; the position of 3rd largest producer of denim in the world; and an export network of 70 countries worldwide. Prominent products in this category include ring denim, indigo voiles, organic denim, bi-stretch denim and fair trade certified denim. This is apart from regular light, medium and heavy weight denims. They come in various shades of indigo, sulphur, yarn-dyeds, in 100% cotton and various blends. Denim from Arvind offers reliability, quality and value-addition through services like shrink-film wrapping, bar-coded labeling of rolls The facilities of Arvind Denim are accredited with ISO 9001.
SHIRTINGS
Arvind Shirting fabric has many aces up its sleeve . It is one of the most well-known products of Arvind Group, selling at a premium in the international market. It has an astonishing annual capacity of 34 million meters. Prominent products within this category include fabrics with non-iron properties, mechanical finishes, printed fabrics apart from the cotton and cotton blends in Linen, Lycra, Polyester, Modal, Silk etc. with varieties in yarn dyeds and solids.
LIFESTYLE APPAREL
Ready to Wear. Ready to Get Noticed. The manufacture of ready-made garments has emerged as a key business area for Arvind, enabling us to become a one-stop shop for leading apparel brands across the globe. Jeans Shirts Knits
JEANS
Arvind boasts of the largest ready-made Jeans facility in India with an annual capacity of 9 million pieces. Our key customers include GAP, VF Corporation, Ben Sherman, ESPRIT, FCUK, Guess among many others.. We are capable of specialty finishes like hand sanding, sand blasting, whiskers with laser and hand; garment tinting, spraying, brushing, grinding, and permanent creasing and coating. Key automations like the cylindrical feed of the arm, loop attach machine, pocket attach machines etc. ensure the highest efficiency. The product mix includes innovative products like recycled jeans, organic and fair trade jeans, and various performance finishes.
Arvinds ready-made shirt capacity stands at 4 million pieces per annum and is set to grows. With the support of Studio Arvind, the facility produces shirts of the highest quality for brands such as ESPRIT, Mexx, Next, and FCUK among others.
Knits
Servicing customers that include Marks and Spencer, Reebok, Adidas, Hanes Brands and FCUK among others, the ultra-modern knits garments facility has a production capacity of 9 million pieces per annum. .
GLOBAL TEXTILE Company to emerge as a global textile conglomerate. This cutting edge position comes to Arvind courtesy technologies such as Open-end Spinning, Foam Finishing, Mercerizing, Slasher-dyeing, Ropedyeing, Air-Jet, Projectile and Wet Finishing. Its only natural that Arvind quality fabrics are in high demand in the markets of Europe, US, West Asia, the Far East and Asia Pacific
EMPLOYEE DEVELOPMENT
Being an Employer of Choice is a rare feat. Arvind accomplishes that by aiming to attract, retain and nurture talent. The development of the individual is allimportant and as long as there is learning, there is job satisfaction. That explains Arvinds HR policy and its emphasis on learning and skill enhancement. Training calendars keep our people busy across businesses, encompassing technical, functional and behavioural modules. Training is imparted on the job, as well as through classrooms and seminars.
CONTI
Career and succession planning initiatives are implemented through role elevation and enhancement, evaluating inter company and inter unit opportunities, and special development plans for top talent. Arvind employs 20324 people as workmen and over 5296 people as management staff, making it one of the more prolific employers in the state.
BUSINESSES
Fabric
Denim
Shirtings Khakis Knitwear Voiles
BRAND
Arvind is amongst a few organizations worldwide with a portfolio of brands that are distinctive and relevant across diverse consumers. At Arvind, brands work across multiple channels, price points and consumer segments.
BRANDS
Own Brands Mainstream Excalibur Flying Machine Popular Ruff & Tuff New Port University
Bridge to Luxury Tommy Hilfiger Nautica Premium Lee Wrangler Popular Wrangler Hero Riders
HUMAN RESOURCES
Human Resources for a business enterprise needs a conceptual outlay to enable business managers to identify, plan and implement planning for manpower. Fundamentally, business situations have changed the world over. The rise of the intellect has been imminent. Human resource planning can no longer confine it to the traditional sources for hiring and retaining. The human resources of today see their roles having changed from that of a doer to that of a thinker and on most occasions a thinker doer.
HR VISION
WE BELIEVE In people and their unlimited potential. In content and focus in problem solving. In teams for effective performance. In intellect & its power. WE ENDEAVOUR To select, train and coach people to obtain higher responsibilities. To nurture talent to build leaders for tomorrow's corporation. To reward, celebrate and activate all intellectual business contributions. WE DREAM Of excellence in all endeavours. Of mutual benefit and prosperity. Of making the world a better place to live in. We Make Things Happen. Contact Person : Shobhit Tyagi
He is a Science Graduate with a Master's degree in Business Management. He has been associated with the Company for more than 33 years. He also holds directorships in Arvind Spinning Ltd., Mauritius, Amol Decalite Limited, Torrent Pharmaceuticals Limited, Arvind Worldwide Inc., USA, Arvind Worldwide (M) Inc. and Arvind Overseas (M) Ltd.
He is a Wholetime Director with the designation of Director and Chief Financial Officer of the Company. He is a Commerce Graduate and a Chartered Accountant and has been with the company for more than 23 years. He has a distinguished academic career and extensive administrative, financial, regulatory and managerial expertise. He also holds directorships in various companies.
DIRECTORS
LEADERS
FORIEGN OFFICES
Arvind Worldwide (USA) Inc. Tel : +001-212-431-4256 Cell: +001-732-763-8179 Contact Person : Viresh Verma e-mail :viresh@arvinddenimlab.com
Hong Kong Arvind Limited Mobile No. 00852 6627 1025 Contact Person : Rajesh Manwani e-mail : rajesh.manwani@arvind.in
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Bangladesh Arvind Limited Tel : 8802-9881794 Fax : 8802-9883400 Contact Person : Manish Khanna e-mail : arvind@citech-bd.com
CORPORATE OFFICE
Arvind Limited Naroda Road Ahmedabad 380025 Gujarat India Tel: +91-79-22208000 Fax: +91-79-22201270 e mail to : Corporate