Arvind demerges textile, apparel and engineering businesses into separate entities

Arvind Ltd received NCLT approval to demerge its textile, branded apparel and heavy engineering businesses into Arvind Fashions Ltd and Anup Engineering Ltd, which will be listed separately.

“The demerger will allow each business to have a sharper focus on developing their own aggressive growth models”indiantextilemagazine.in

• 1 source
• indiantextilemagazine.inArvind’s strategy linked with growth in Textile, Advanced Materials - The Textile MagazineK. GopalakrishnanNov 29, 2018

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