Escolar Documentos
Profissional Documentos
Cultura Documentos
Akshay Joshi
Alvin Thomas
Anish Pereira
Dilis Tharakan
Kevin George
History
Arvind Limited is a textile manufacturer and the
flagship company of the Arvind Group.
Its Headquarters is in Naroda, Ahmedabad,
Gujarat, India.
It manufactures cotton shirting, denim, knits.
Turnaround Strategies
Debt-restructuring plan for long term debts.
It proposed restructuring plan to improve its
financial health and reduce its debt burden.
They created new markets, and technology was
upgraded.
This resulted in the 280% growth in the net profit
The decisions were taken accordingly so that
every activity in the organization area was aligned
Currently Arvind Mills has a strong R&D which
focuses on process improvement, cost reduction
and new product development.
Financials
As on 31 st March 2002
Total loan funds - Rs.1638.71 crores, a decline by 27.58%
from the previous year outstanding of Rs.2326.82 crores
in FY2001.
Fixed Assets- Rs.6.63 crores in Machinery and disposed
Buildings for Rs.14.25 crores .
The Gross Block of Fixed Assets decreased by Rs.16.06
crores.
The Gross Capital Assets of the company were
Rs.1988.46 crores in FY2002 as against Rs.2004.52
crores as on 30 th September 2001.
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