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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
3 / 741 |
Essay's paper body
At 55 per cent of the turnover, denim, however, remains a major driver of revenues.
Garment export thrust
Arvind Mills has been increasing its focus on shirting and garments. This will help de-link its revenues from commodity cycles to an extent. It will also enable the company capitalise on the opportunity in the garments market; the removal of quotas in 2005 would provide an avenue for scaling up revenues, as outsourcing from India would increase in a phased manner
There is an increasing trend in the export revenues of the shirting segment...
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Export as a per cent of revenues of this segment production has increased by 15 percentage points to 42 per cent over the past year. Arvind Mill's ability to emerge as a major player in the competitive garments market would, however, determine the success of its shift in strategy.
Arvind Mills is not new to the garments business...
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