You are on page 1of 51

Arvind Ltd History The year 1930 was when the world suffered the great depression.

Companies across the globe began closing down. In UK and in India, the textile industry in particular was in trouble. At about this time, Mahatma Gandhi championed the Swadeshi Movement and at his call, people from all across India began boycotting fine and superfine fabrics, which had so far been imported from England. In the midst of this depression one family saw opportunity. The Lalbhais reasoned that the demand for fine and superfine fabrics still existed. And any Indian company that met this demand would surely prosper. The three brothers, Kasturbhai, Narottambhai and Chimanbhai, decided to set up a mill to produce superfine fabric. Next they looked around for state-of-the-art machinery that could produce such high quality fabric. Their search ended in England. The best technology of that time was acquired at a most attractive price. And a company called Arvind Limited was born. Arvind Limited started with a share capital of Rs 2,525,000 ($55,000) in the year 1931. With the aim of manufacturing the high-end superfine fabrics Arvind invested in very sophisticated technology. With 52,560 ring spindles, 2552 doubling spindles and 1122 looms it was one of the few companies in those days to start along with spinning and weaving facilities in addition to fullfledged facilities for dyeing, bleaching, finishing and mercerizing. The sales in the year 1934, three years after establishment were Rs 45.76 lakh and profits were Rs 2.82 lakh. Steadily producing high quality fabrics, year after year, Arvind took its place amongst the foremost textile units in the country. In the mid 1980s the textile industry faced another major crisis. With the power loom churning out vast quantities of inexpensive fabric, many large composite mills lost their markets, and were on the verge of closure. Yet that period saw Arvind at its highest level of profitability. There could be no better time, concluded the

Management, for a rethink on strategy. The Arvind management coined a new word for it new strategy Reno vision. It simply meant a new way of looking at issues, of seeing more than the obvious and that became the corporate philosophy. The national focus paved way for international focus and Arvinds markets shifted from domestic to global, a market that expected and accepted only quality goods. An in-depth analysis of the world textile market proved an eye opener. People the world over were shifting from synthetic to natural fabrics. Cottons were the largest growing segments. But where conventional wisdom pointed to popular priced segments, Reno vision pointed to high quality premium niches. Thus in 1987-88 Arvind entered the export market for two sections -Denim for leisure & fashion wear and high quality fabric for cotton shirting and trousers. By 1991 Arvind reached 1600 million meters of Denim per year and it was the third largest producer of Denim in the world. In 1997 Arvind set up a state-of-the-art shirting, gabardine and knits facility, the largest of its kind in India, at Santej. With Arvinds concern for environment a most modern effluent treatment facility with zero effluent discharge capability was also established. Year 2005 was a watershed year for textiles. With the muliti-fiber agreement getting phased out and the disbanding of quotas, international textile trade was poised for a quantum leap. In the domestic market too, the rationalizing of the cenvat chain and the growth of the organized retail industry was likely to make textiles and apparel see an explosive growth. Arvind has carved out an aggressive strategy to verticalize its current operations by setting up worldscale garmenting facilities and offering a one-stop shop service, by offering garment packages to its international and domestic customers. With Lee, Wrangler, Arrow and Tommy Hilfiger and its own domestic

brands of Flying Machine, Newport, Excalibur and Ruf & Tuf, Arvind set its vision of becoming the largest apparel brands company in India.

Founding Fathers The Lalbhais A Historical Perspective The Lalbhais can trace their descent from Seth Shantidas (c.15901659), who was a dominant figure in the business and civic life of the city. He enjoyed the patronage of the Moghul emperors to whom he was a trusted jeweler. Shantidas was amongst the prominent financers of his time as well. He played an influential role amongst the Jain community of his time, and it was because of his influence at the Moghul court that Shah Jehan confirmed the rights of the Jains over the ancient shrines of Shetrunjaya. His grandson, Khushalchand, (1680- 1748) too occupied a place of prominence in the business and social life of the city. He saved the city of Ahmedabad from the marauding Maratha army in 1725 by paying a ransom of Rs. 5 Lakh on behalf of the whole city. For this act the grateful mahajans promised in perpetuity, a small amount collected as town duties on goods entering the city to Khushalchand and his family, and the title of Nagarsheth was bestowed upon him. The current surname, Lalbhai, is derived from Lalbhai Dalpatbhai the great great great grandson of Khushalchand. Lalbhai was born around the time when the first textile factory in the city went into production. The first manufacturing company of the Lalbhai family, Saraspur Manufacturing Company was established in 1897. It started with producing cotton yarn. During the intensifying Swadeshi movement the second company Raipur Mills was established in 1905. Due to untimely death Lalbhai

Dalpatbhai the reins of his businesses were handed over to his young sons including a seventeen-year-old Kasturbhai Lalbhai. Kasturbhai started the first large scale textile mill under the name of Asoka Mills in 1920 with a capital of Rs.12 Lakh at a time when the largest mills in the region were built with not more than Rs. 5 Lakh. 1930-31 saw the resurgence of second Swadeshi movement coinciding with the great depression. While different entrepreneurs reacted to the situation differently Kasturbhai saw this as the decade of prosperity and growth and established the flagship Arvind Limited in 1931 with an authorized capital of Rs. 25.25 Lakh. Kasturbhai had also floated mills for families of his three sisters under the name of Aruna Mills in 1928 and Nutan Mills in 1931 and Ahmedabad New Cotton Mills in 1938. With the expansion Kasturbhai came to occupy the position of the biggest textile magnate in the country. Few groups could claim to have made such great strides during one of the worst periods in Indias industrial history. After a continuously successful period of four decades in the pre-independence era, the group entered into other fields such as dyes, pharmaceuticals, chemicals, etc. The first diversification started in 1939 with Anil Starch Limited. Atul Products Limited was established in 1952 for manufacturing textile-related chemicals and dyestuff. Atul formed joint ventures with Ciba-Geigy called Cibatul, with American Cynamid called Cynamid of India and with ICI of UK called Atic Industries. As time progressed the JV partners separated amicably and these companies exist in India today as full representatives of these global giants. With the retirement of Kasturbhai and his younger brother Narottambhai from active business, the role of the patriarch fell on the shoulders of Arvindbhai. He along with his brother Niranjanbhai and his cousins Ashokbhai, Ajaybhai, Chinubhai and Vijaysinhbhai looked into the running of the textile mills, Siddharthbhai headed Atul Products, and Shrenikbhai, Anil starch. The group took over a sick company called Ahmedabad

Laxmi Cotton Mills Co. Ltd. and merged with Arvind Limited and the unit was renamed as Ankur Textiles. The unit currently under Arvind Products Limited is today the countrys largest organized player in the voiles market. The group also invested in Anup Engineering Limited engaged in fabrication and set up Amol Dicalite in collaboration with General Refractories Limited, U.S.A for manufacturing filter aids and perlite products. With the third generation of Lalbhais retiring from business Sanjay, Sunil and Samveg Lalbhai, the fourth generation of Lalbhais, now oversee all the businesses. Apart from the field of business the Lalbhais over generations have contributed to education, social and religious causes. Their contribution to education starting from Gujarat Vernacular Society in late 1800s to the formation of Ahmedabad Education Society, (1936), which governs 11 leading colleges and 6 schools, and 4 other educational programs. Kasturbhai Lalbhai played a key role in establishing the Physical Research Laboratory (1948), ATIRA (1947) and the famed IIM Ahmedabad (1961). The Lalbhai family has been closely associated with the Jain trust called Anandji Kalyanji Trust, which is involved in propagating and maintaining Jain temples in western India. Shri Kasturbhai Lalbhai headed the trust for 50 years, followed by Shrenik Lalbhai for 30 years, and now, Samveg Lalbhai heads the trust. Sanjay Lalbhai heads Sharda Trust Arvinds CSR vehicle. Arvind is committed to upgrading the standard of municipal schools in Ahmedabad and work towards building a pool of bright employable youth

Journey 2010 Arvind launches The Arvind Store, a concept putting the companys best fabrics, brands and bespoke styling and tailoring solutions under one

roof. Arvind launches its first major Real Estate projects. Arvind becomes one of Indias largest producers of fire protection fabrics.c. 2007 Arvind expands its presence in the brands and retail segment by establishing MegaMart One of Indias largest value retail chains. 2005 Arvind creates a unique one-stop shop service on a global scale, offering garment packages to reputed national and international customers. 1997 Indias largest state-of-the-art facility for shirting, gabardine and knits is set up at Santej. 1991 Arvind emerges as the third largest manufacturer of denim in the world. 1987-88 Arvind enters the export market for Denims with a dual focus - Denim for leisure and Denim for fashion wear. 1980 Arvind records highest levels of profitability. The new strategy Reno vision, points at changing the business focus from local to global, towards a high-quality premium niche market. 1934 Arvind establishes itself amongst the foremost textile units in the country. 1931 The inception of Arvind Mills Limited at the hands of three brothers Kasturbhai, Narottambhai and Chimanbhai Lalbhai Vision&Values

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. 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. OUR PHILOSOPHY WE BELIEVE In people and their unlimited potential; in content and in focus on problem solving; in teams for effective performance, in the power of the intellect. WE ENDEAVOUR To select, train and coach people to obtain higher responsibilities; to nurture talent, and to build leaders for the corporations of tomorrow; 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. Cmds Message Time has been witness to our commitment to excellence. Innovation, perseverance and the undying attention to customer needs continue to be the cornerstones of our success. Since its inception in 1931, Arvind has been well poised as Indias leading manufacturer of super-fine fabrics for the domestic market. We have successfully integrated diverse business processes, services and products, unified by a common vision - Enriching lifestyles. At Arvind, we have always felt the pulse of the market; welcoming

change and reinventing ourselves for the challenges within a dynamic society and marketplace. Our foray into the sector of new-age fabrics has seen Arvind emerge as one of the largest denim manufacturers in the world. It has also brought us global recognition for the manufacture of shirting, khaki and knitted fabrics. Our growing presence in the domain of ready-made garments - jeans, shirts and knits has further put Arvind on the top as a one-stop solution provider for leading global and domestic apparel brands. Finally, the Companys most recent and aggressive ventures in the branded apparel, retail and fabric retail businesses, infrastructure and the initiative of growing cotton the organic way have consolidated its presence throughout the apparel value chain. Arvinds expertise is end to end - we apply exacting standards of innovation, design and service throughout the journey from its origin as a single fibre of cotton, all the way to its culmination as an exhilarating and satisfying shopping experience for all our customers. And that in fact, is yet another feather in our cap. Welcome to Arvind - the Company - the journey towards an enriched way of life. Our Approach Arvind has a strong focus on Research and Development for process improvement, cost reduction and new product development. This is evident in the fact that Arvind continuously modifies its production process to enhance flexibility on the use of various types and quality of cotton. To further meet customer needs, Arvind has also introduced a new dyeing and processing method for denims. State-of-the-art technology and equipment have made Arvind one of the leading producers of denim in the world, paving the way for the 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, Slasherdyeing, Rope-dyeing, 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. Our People Being an Employer of Choice is a rare feat. And Arvind accomplishes that by aiming to attract, retain and nurture talent. The development of the individual is all-important 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. 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. Executve Leaders Corporate Jayesh Director Anang MD & Shah CFO Lalbhai Products Hardikar


Milind Group President - Strategic Initiatives

Lifestyle Fabrics AamirAkhtarCEOLifestyleFabrics-Denim SusheelKaulCEOKnits&WovenFabrics PDChavdaPresidentVoiles

Lifestyle Apparel SandeepChablani CEO, Lifestyle Apparel - Jeans AshishKumar CEO, Lifestyle Apparel - Shirts

Brands & Retail J.Suresh Managing Director - Brands & Retail Anup Engineering RishiRoopKapoor CEO, Anup Engineering

Arvind Accel Dinesh CEO, Arvind Accel Yadav

Telecom Business Vipen President - Arvind Telecom Malhotra

Arvind Infrastructure Kamal CEO, Arvind Infrastructure Singal

Knowledge Academy Milan CEO, Knowledge Academy Shah

Board Of Directors CHAIRMAN AND MANAGING DIRECTOR Mr.SanjayS.Lalbhai He is the Chairman and Managing Director of the Company. He is a Science Graduate with a Master's degree in Business Management. He has been associated with the Company for more than 30 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. DIRECTOR AND CHIEF FINANCIAL OFFICER

Mr. Jayesh K. Shah 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. OTHER DIRECTORS

Mr. Sudhir Mehta He is a Non-executive and Independent Director of the Company. He is a Science Graduate from Gujarat University. He was instrumental in the growth and progress of Torrent Pharmaceuticals Ltd., the flagship Company of the Torrent Group. He systematically expanded the power business of Torrent Group by acquiring significant stakes in the Torrent Power AEC Ltd. and Torrent Power SEC Ltd. and Torrent Power Generation Limited, now merged with Torrent Power Limited and one among the few successful independent power projects in India. He has managed strategic alliance with leading international giants from U.K., Germany, France and USA. He is an Executive Chairman of Torrent Power Limited and a Chairman of Torrent Pharmaceuticals Limited, Torrent Private Limited, Torrent Pipavav Generation Limited, Torrent Energy Limited and Diamond Infrastructure Private Limited. Dr. Bakul H. Dholakia

Dr. Dholakia is a Doctorate in Economics. He has 41 years of professional experience including 33 years at IIM, Ahmedabad and served as the Dean from 1998 to 2001 and as the Director of the Institute for a period of five years from 2002 to 2007. He has been a consultant to various national and international organizations. He was awarded many awards including Padma Shri by the Government of India in recognition of his distinguished services in the field of education in 2007, Bharat Asmita National Award for his contribution to management education and teaching by the Honbe Chief Justice of India in 2008 etc.. Dr. Dholakia is the author of 12 books including The Sources of Economic Growth in India, Principles of Macroeconomics. Currently, Dr. Dholakia is leading the educational initiatives of Adani Group.

Mr. Munesh Khanna He is a Non-executive and Independent Director of the Company. He is a Chartered Accountant from Institute of Chartered Accountants of India. He has 21 years of experience in Investment Banking from across the Industrial spectrum in India in the areas of M&A, Financial Restructuring and Resource Raising. In addition, he has extensive experience in the Energy, Utilities and Telecom sectors. Prior to joining Halcyon Resources & Management Consulting Private Limited, he was the Managing Director and Head of Investment Banking in DSP Merrill Lynch. Prior to this he was the Country Head and Managing Director of Rothschild India and Partner - Country Head of Arthur Andersen Corporate Finance. He has advised Indian Lenders on the Restructuring of the Dabhol Power Project and LNG facility for a total value of US$ 1.9 billion. He has advised AXA on its joint venture with Bharati Group, Air Deccan on raising funds US$ 40m through Private Equity and IPO and many other significant transactions. He is a member of the Young President Organisation (YPO). He was also a Member of CII and a member of the Executive Committee of Federation of Indian Chambers of Commerce and Industry ('FICCI') and

Co-Chairman of the Finance & Capital Market Committee of FICCI. He is also on the board of Indofil Organic Industries Ltd.

Mr. G.M.Yadwadkar (Nominee of IDBI) He is a Nominee Director of IDBI. He is General Manager of IDBI, Ahmedabad. He is a Batchelor of Engineering with M. B. A. (Finance), C. A. I. I. B., ICWA (Inter). He is also on the board of Kalyani Gerdau Steels Ltd., Gujarat Alkalies & Chemicals Ltd., Vadodara and Gujarat Industrial and Technical Consultancy Organization Ltd.

Mr. Prabhakar R. Dalal (Nominee Director of Exim Bank) Mr. Prabhakar R. Dalal is an Executive Director of Exim Bank of India having qualifications of M.Com, LL.B, C.A.I.I.B and PGDFERM and a fellow of the Indian Institute of Banking and Finance (FIIBF). He has six years experience in commercial banking after joining as PO and 28 years experience in International Trade Financing, Projecting Financing, Institutional Relations, Corporate Banking and Corporate Finance. Currently he is in charge of Export Lines of Credit, Overseas Projects Finance, International Trade Finance, Research & Planning, Human Resources Management, Overseas Offices, Eximius Training Centers, Administration and Internal Audit. He has served as a Resident Representative In charge of Banks Offices in Johannesburg (South Africa) and Abidjan (Cote dIvoire). He is on the Board of Wanbury Limited, Mumbai and West African Development Bank, Lome, Togo.

Ms. Renuka Ramnath Ms. Renuka Ramnath is the Founder and Managing Director of Multiples Alternate Asset Management which seeks to manage circa $450 million of Indian and International capital. In her career spanning nearly two and a half decades in the Indian financial sector, Ms. Renuka Ramnath has been involved with building several businesses from scratch in the ICICI Group which include Investment Banking, Structured Finance and e-Commerce in the 1990s and Private Equity in 2000; much before each of these terms became ubiquitous in Indian marketplace. Ms. Renuka Ramnath led ICICI Venture to become Indias largest private equity fund whilst transforming the firm from a banks investment arm to a traditional blue-chip private equity fund managing substantial amounts of third party capital both domestic and international. All four funds raised by her (aggregating to US$1.5 billion) have been the then largest domestic funds raised in the Indian market. Time and again, Ms. Renuka Ramnath has demonstrated her ability to identify and conceptualize new business opportunities, create high quality teams and quickly build these businesses to scale. As a result, she has featured in many prestigious listings, including the Top 25 Most Powerful Women in Business (Business Today, India), Indias most Powerful CEOs (Economic Times) and in the Top 25 Non Bank Women in Finance (US Bankers global list). In her new avatar, Ms. Renuka Ramnath looks to bring together her tremendous experience, long-standing credibility and enormous relationships to build Multiples as a platform to channelise long-term capital to create valuable enterprises and successful entrepreneurs. She draws motivation from the fact that supporting entrepreneurs to build sustainable businesses has the potential to generate employment, to

create ripple effects in the Indian economy and to facilitate the greater process of nation building. Arvind Limited Divisions Denim The late 1980s saw Arvind pioneer the manufacture of denim in India. Today with an installed capacity of over 110 million meters per annum, Arvind is a leading producer of denim worldwide. Design, Innovations and Sustainability have been our core competency and have played a key role in our success. The use of sophisticated ultramodern technology under the guidance of world-renowned designers has enabled Arvind to deliver many firsts in the international markets. All our products are designed and modeled on the basis of expert design inputs coming from our designers based out of India, Japan, Italy and the United States. All Arvind Denim products come with the hallmark of distinctiveness and quality. Some Examples: Shuttle looms for Selvedge denim Name selvedge and Stretch selvedge Unique Fibers like Excel, Jute, Silk, Linen Natural Indigo and Vegetable dyes Unique concept products like Indigo voiles & Handspun denim Organic, BCI & Sustainable denim The denim facility at Arvind is accredited with ISO 9001, ISO 14001, OEKOTEX 100, GOTS, and Organic exchange standard.

Our labs are certified by NABL (ISO 17025 certification) and customers like Levis, Lee, and Wrangler etc.

Woven Fabrics Shirting & Bottom weights Our expertise in new age shirting fabric and bottom weights is unparalleled. Our shirting fabrics have consistently fetched a premium in the local and international markets. Our state of the art facility is capable of producing a total of 65 million meters per annum of Shirting and bottom weight fabrics. This capacity is set to increase reaching a total of 84 million meters by the next financial year. We have a dedicated in-house design team constantly working on product innovation and fashion forecasts for the domestic and international markets. We also boast of the largest yardage and sampling mill in India. Our spinning setup can produce a variety of counts for yarn types like compacts, slubs, signed yarn etc. Our weaving capabilities include high-speed Airjet looms and Rapier looms. Our finishing capabilities include continuous bleaching and dying ranges, caustic mercerization, and machinery for various chemical and mechanical finishes. A sophisticated and supremely flexible package dying facility complete with vessels ranging from 1 Kg to 750 Kgs and state of the art printing facilities are also in place. In addition to cotton we now work with a variety of fibres incuding Modal, Tencel, Excel, Viscose, Bemberg, Lycra, Silk, Linen, Polyester and Nylon. We are host to Indias first Ammonia Mercerization Plant

We use patented technology to impart structural stability and superior hand-feel for the difficult-to-handle firbers like Modal, Tencel, Excel and Viscose Over the years, our inhouse R&D department has sucessfully developed and perfected a number of finishes adding value to our products and uniqueness to our range. Other Chemical Finishes: Wrinkle free, Prepress, Everfresh, Easy to Iron, Stain Repellant, Nano Care, Anti-Bacterial, Permawhite etc. Mechanical Finishes: Aero, Peach, Brush, Diamond Emery and Carbonium Our product range is certified by Oekotex, our processes are certified by GOTS for producing Organic products, we're certified producers of Lycra and Teflon based varieties, while our laboratory is accredited by Marks and Spencers, Next, Gap Inc., Levi's, DuPont and INVISTA. Voiles Arvind has been well poised as a leading manufacturer of super fine fabrics in India. An uncontested market-leader in the manufacture of voiles, Arvind still continues to manufacture the traditional fabric for both domestic and international markets. The legacy of Arvind transcends from the olden days into a golden future with a production capacity of 36 million meters per annum. Arvinds voiles are primarily used as blouse material and are sold in the domestic market through an impressive network of around 150 dealers, reaching over 5000 retail outlets throughout India. High quality Swiss voiles are exported to Switzerland, Sri Lanka and countries in the Middle East.

Garment exports A world without boundaries is a promise of a global marketplace. At Arvind, our range of fabrics is universal in appeal. We aim to inspire a diverse mix of customers enriching lifestyles globally. We have successfully established ourselves as a one-stop shop for apparel solutions catering to an array of national and international clients. Bottoms: 7.2 million pieces of jeans per annum Formal & Casual tops: 6 million pieces per annum Knit tops: 3.6 million pieces per annum Our specialized capabilities for adding value to our products include; Automated Placement Printing Machinery Indias largest washing facility with Tonello machines for wet proesses Bohemian machines and Laser tech for unique and automated dry processes Skilled artisans for hand processes Gap Inc Patagonia Tommy Hilfiger Quicksilver Brooks Brothers Silver Jeans Calvin Klein FCUK Pull & Bear Jack & Jones Energie Esprit S.Oliver Mexx Sisley Benetton Coin Advanced Materials We envision world leadership in the field of advanced materials offering high-tech textile solutions for critical and composite applications. Arvind Ltd., A US $ 1.3 billion Lalbhai Group company has created the Advanced Textiles Business. Building further on our legacy of innovation, we have brought a new level of sophistication to manufacturing fabrics. Our Pro1 range of

branded fabrics and composite textiles includes solutions for growing industrial sectors like Personal Protection, Industrial Filtration, Wind Energy, Defense, Auto Components, Transportation, and Housing & Infrastructure. Our products in the Pro1 range include:

Fire Protection Fabrics Chemically treated Flame Retardant Fabrics Proban Pyrovatex Inherent Fire Resistant Fabrics Nomex Protex (Modacrylic)

High Tech Applications Filtration Fabrics Anti-Ballistic Fabrics Nylon Fabrics Carbon-Glass-Aramid Fabrics

Arvind Brands Arvind is amongst a few organizations worldwide with a portfolio of brands that are as distinctive and relevant across diverse consumers. At Arvind, brands work across multiple channels, price points and consumer segments. The expanse of the Arvind brandscape is spread across the Indian market with around 273 standalone brand stores in addition to 975 counters selling through key accounts and multibrand outlets across India.

Own Brands Mainstream Excalibur Gant Flying Machine Popular Ruf & Tuf New Port University

Licensened Brands Bridge to Luxury U.S.A. 1949 Energie Premium USPA Arrow Izod Popular Cherokee Mossimo

Joint Venture Brands Bridge to Luxury Tommy Hilfiger

Premium Lee Wrangler

Mega Mart Retail Arvind runs India's largest Value Retail Chain - Megamart. The MegaMart format offers a unique and differentiated proposition to the consumers. It offers mega brands at amazingly low prices and provides a retail experience of a high-end department store. The Megamart stores range in size from 2000 sq ft to 65000 sq ft. The larger stores are called Big Megamart and there are 6 such stores across Bangalore, Chennai, Pune and Mumbai. The smaller formats spreads across the country are 205 in number. Megamart is expanding rapidly and is expected to be a Rs. 1000 cr chain within the next two years. The brands sold exclusively in Megamart include: RUGGERS - SKINN - ELITUS - DONUTS - KARIGARI - MEA CASA - AUBURN HILL BAY ISLAND - COLT - LEISHA- EDGE

The Arvind Store After decades of ruling the national and international fabric markets, Arvind has now introduced The Arvind Store, a unique concept in fabrics and apparel retail. The Arvind Store bring together, under one roof, the best that Arvind has to offer. It is a convergence of three of Arvinds strongest capabilities, the best of fabrics from Arvinds textiles division, leading apparel brands from Arvind Brands and bespoke styling solutions based on the latest garment styles from Arvind Studios. In a world where bespoke tailoring meets cutting edge fashion, The Arvind Store will create a shopping experience to rival the best in the Indian Marketplace.

Over a 1000 different fabric styles across shirting, suiting and denim Leading apparel brands such as Arrow, US Polo & Flying Machine Arvind Denim Labs (ADL), a bespoke denim concept offering customized washed denim - a first of its kind in India and perhaps the world Arvind Studio A styling and tailoring solution to rival the best brands in the world

Engineering ANUP Engineering The Anup Engineering Limited (established in 1963), is the flagship Engineering Company of the Lalbhai Group, and is a subsidiary of Arvind Limited. It is an accredited ASME U & NB stamp and ISO-9001: 2008 certified company, conforming to specified standards. Anup has extensive experience in working with critical metallurgies like low temperature CS, NACE/HIC,

low alloy, stainless steel, duplex, super duplex, monel, cupro nickel, etc. Anup is approved by IBR, CCOE & TDC certifications, and works closely with and under the surveillance of renowned national and international inspection agencies like Lloyds, BVI, DNV, EIL, Toyo Engineering, UHDE, and TUV etc. Range of Products

Heat Exchangers Pressure Vessels, Reactors, DE aerators Columns & Towers Economizers Oxygen / Nitrogen / Chlorine Storage Centrifuges Dished Ends Expansion Bellows

Sectors & Clients Served:

Refineries: IOCL, Kochi, HPCL, BPCL, BRPL Gas Plant Suppliers: KPCL, Praxair, Linde, BOC, INOX, Dresser Rand Petrochemicals: RIL, NCPL, IPCL Chemicals, Dyes Intermediaries: Atul, NOCIL, Shriram Vinyl Drugs & Pharmaceuticals: Ranbaxy, DSM, Aventis, Hoechst, Lupin Power Plants: NPCL, NTPC, BHEL Aluminium & Copper Industries: Hindalco, Birla Copper

ARVIND ACCEL Arvind Accel Limited is a multi specialty Engineering Procurement and Construction Company. We provide customized engineering solutions starting from consultancy and design to the final implementation and commissioning of projects on a turnkey basis. Our certified support teams can also undertake complete

operations and maintenance of a plant site or facility. We employ state of the art technology and equipment to provide unparalleled services for water, wastewater treatment and recycling projects. Range of Services

Municipal and Industrial Sector Brackish and Seawater Treatment Intake Water Systems Cross country Water Transmission, along with Pumping and Distribution Certification and EPC for Power Plants Green Building Certifications

Clients Served

Bhaskar Industries GTN Textiles Surya Vanshi Textiles Bharat Oman Refinery Ltd. Gujrat NRE Coke Ltd. Cadila Healthcare Welspun Gujarat Ltd. Birla Cellulose Asahi Songwon Colours Rajveer Industries Pratibha Textiles Kanoria Chemicals

Telecom Arya Omnitalk Arya Omnitalk is a 50:50 Joint Venture between India's highly reputed business houses, the J M Baxi Group & Arvind. The joint venture offers the following services:

GPS based Fleet Automation & Management for City-wide Walky Talky services Highway Traffic Management Solutions with CSSI


Syntel is a division of Arvind. With more than a million users as on date, Syntel has a dominant position in the Business Communication Solutions landscape offering a range of Analog and Digital EPABX based enterprise communication solutions for SMEs and leading Corporates. Some of our esteemed clientele includes: Wipro, Whirlpool, Ashok Leyland, Blue Dart, Sahara Airlines, The Indian Armed Forces, State Bank of India, The World Bank, ICICI Lombard, etc. Real Estate Arvinds recent foray into real estate has seen it become one of the prominent developers of the City of Ahmedabad. We leverage our state of the art, sustainable construction techniques and engage

the best architects to deliver high standards of excellence that Arvind is known for. Vision: To enhance the value for all the stakeholders by redefining standards of trust and excellence in real estate industry. Mission: To raise the standard of living by continuously redefining quality and service benchmarks in real estate industry. To achieve customer delight by innovation and thoughtfulness in everything we build, precision in processes, simplicity in transactions and honest and transparent in our dealings. Current projects: 1. Arvind Township: Motibhoyan Residential Township covering more than 9 million square feet of development. 2. Arvind Avenue A premium residential development in the heart of Ahmedabad with a total of 1.8 million square feet. In the first phase an approximately 9, 00,000 square feet of area by the name "Parishkaar" is being developed in Joint Venture with the BSafal Group 3. Arvind Alcove A premium weekend housing scheme. 4. Arvind Mega Trade A premium shopping cum commercial complex covering 1, 00,000 square feet at Naroda Road Ahmedabad. CSR Overview Arvind prides its participation in works that contribute to the betterment of society. Arvinds CSR philosophy is based on the notion that society and the corporation are inextricably linked, and that a company can improve its own functioning by influencing the environment in which it operates. It is this philosophy that transcends through all of Arvinds CSR initiatives.

Education Through SHARDA Trust, the companys CSR vehicle, Arvind is committed to upgrading the standards of municipal schools in Ahmedabad and work towards building a pool of bright and employable youth. Today, over 900 students each year from five municipal schools benefit from the supplemental English, Mathematics and Computer education provided at our three learning centers that are equipped with state of the art facilities. Urban infrastructure Development of C G road Ahmedabads most popular street in a manner offers the urban dweller and visitor a clean, organized and enjoyable shopping/recreational experience. Upgrading slums Arvind in a partnership with the Ahmedabad Municipal Corporation developed a model to upgrade the slums of Ahmedabad. These slums house about 30% of the cities population that live in the most disadvantaged circumstances. In a highly documented and successful initiative a dwelling of over 181 hutments, housing 1200 people, was provided with improved surroundings and access to clean drinking water and proper sanitation facilities in individual houses. Vocational Training We initiated vocational training programmes to enhance and develop the skill of unemployed youth and help them take up Garment Operative jobs within Arvind and other garmentmanufacturing firms in Ahmedabad. In another initiative, Arvind has organized Programmes in English and Computer Application equip students with relevant knowledge and skills and find suitable job openings for them. This enables the students to

seek better employment and function effectively in their respective organizational roles.

Instiutions Since the early 20th century, Arvind and the Lalbhai Group have taken a keen interest in social development initiatives and have played a leading role in the establishment of various institutions promoting social welfare. They have made significant monetary and management contributions to the following organizations: MEDICAL CARE AND RESEARCH






Sharda Trust Arvind Limited established the "Strategic Help Alliance for Relief to Distressed Areas" (SHARDA) Trust in 1995. Registered as a Public Charitable Trust, its broad objective is to improve the quality of life of urban poor anywhere in India. Sanjay Nagar The SHARDA Trust worked to upgrade infrastructure of Sanjay Nagar, a slum pocket in Ahmedabad, in collaboration with the Ahmedabad Municipal Corporation, a local NGO, and the slumdwellers themselves. The residents of the slums were provided with water connection and adequate sanitation facilities in their houses and the surroundings were significantly improved. The Sanjay Nagar experience has been hailed as a model for slum upgrading by international agencies, and has been included in the 100 Best Practices Global List by the United Nations Centre for Human Settlement (UNCHS). Training Garment Operatives The Trust has also undertaken programs to train youth as Sewing Machine Operatives in collaboration with National Institute of Fashion Technology (NIFT) Gandhinagar, and organized their placement with Arvind and other Garment manufacturing firms.

We trained and placed over 300 Garment operatives through this program. Practical English and Computer Applications Training The Trust has conducted training programs in Practical English and Computer Applications for unemployed youth. The skills of the youth were upgraded to a level where they could find employment in BPO, ITES, and Banking & Finance firms. The Trust organized the first placements. The Trust organized this program in association with a sister Trust Chandarprasad Desai Memorial Foundation, whose purpose is social, economic and cultural development of the Industrial areas. The Trust has so far trained about 250 youth from Industrial areas and placed majority of them with good jobs. More than half of the successful participants have achieved over 200% salary growth in last four years. Gyanda: Fountain of Knowledge Quality Education in Municipal Schools The current mission of the Trust is to improve the education in Ahmedabads Municipal Schools. The SHARDA Trusts model Gyanda fountain of knowledge ensures completion of education for the municipal school going children and demands active participation of the students and parents in the program. The Gyanda model is a unique model that has four basic components. This includes Partnership with the local Government, Development of Innovative-Teaching-Learning Method & Materials, continuous Monitoring, Evaluation & Tracking of every child and creation of supportive infrastructure. SHARDA Trust has set up Gyanada Education Centres in Municipal schools. These Centres are fully equipped with modern computers, broadband and projection facilities and have conducive environment where teaching is done through Trusts Instructors. The immediate extension of this program includes

supporting education of children in Class VIII, IX & X who complete Trusts program. The program is set for a rapid expansion. The Trust also plans to work closely with other corporate houses to expand the reach and scope of this program.

Lalbhai Rural Development Fund Established in 1978, NLRDF is the rural CSR arm of the company. The Trust directly intervenes in the development process at the village level. The present operational area in 16 districts of Gujarat state reaches out to a population of about 25000. NLRDFs strategy has been to link government programs with the rural poor and thereby increasing the efficiency and the effectiveness of the delivery process. Except contextual differences, the needs of the rural poor are very similar to the needs of the urban poor. Poor quality of education, and unemployment, are the banes of rural India. Consequently, the rural areas need vocational programs so that the poorly educated and unemployed youth can find better job prospects in nearby cities. Similarly, the poor children living in rural areas need a better infrastructure in their schools. Finally, the rural poor need help including financial help, for improving the yields in their farms so that they can improve their earnings. NLRDF has designed its programs to fill these needs. Vocational Programs for rural poor The Khedbrahma Taluka of Gujarats Sabarkantha district is a tribal and a hilly area. Except agriculture, there are no industries that can provide promising career opportunities for the rural youth who are poorly educated and have no marketable skills. Consequently, unemployment is a major problem facing the youth of that region. The irony is that Arvind Limited located in nearby

Ahmedabad, is desperately looking for young persons with minimum educational qualifications to work in their garment factory. In this situation, we in NLRDF saw a unique opportunity to help the poor youth in the Khedbrahma taluka. NLRDFs team requested the Arvind Limited to provide training for about sixty youth from the Taluka for working in the companys garment factory. The company readily agreed to do so. Now these sixty young persons are working in the companys garment factory and earning a regular monthly income. More than earning a regular income, these young persons have found a direction for improving their career. If this experiment succeeds, the NLRDF would get more young persons from nearby rural areas to work in the citys emerging garment industry. Upgrading the infrastructure in a rural primary school The existing class room of a school in a village is old unsuitable for teaching the schools children studying in classes I, II, III, and IV. In the monsoon, rain water leaks into the schools building. Also, the school is short of space for teaching the growing number of children in the area. To meet this crying need for a better infrastructure, the NLRDF constructed in a nearby primary school, a room with RCC structure. In addition, the NLRDF provided the minimum teaching material and equipment that a school needs. After completion of the classroom, the NLRDF handed over to the school the better-equipped classroom Helping the rural poor in improving the yields in their farms Non-availability of good quality seeds and poor irrigation facilities impede the productivity of agriculture in rural India. Realizing this need, the NLRDF team provided improved Seeds to sixty-six families in the Tandalia village. These improved seed resulted in better-quality and higher yield for the farmers and required the farmers to use less quantity of water in their farms. Consequently,

the productivity of their farms improved. This experience of using better seeds motivated farmers to use good quality seeds in the future. In addition, the team supplied vegetable-seeds to the Self Help Groups of women in the area for their kitchen gardens. The Khedbrahma taluka of Gujarats Sabarkantha district, as we have pointed out above, is a hilly area. Consequently, the land of the area is extremely uneven and therefore, the rain water does not percolate. Obviously, the water table in the region is very low leading to poor crop yields. To remedy the situation, we decided to reduce the slope of the land. For doing so, we cut and filled the slopes, making the topography of the land less uneven. Upgrading the infrastructure in a rural schools The existing school buildings in villages Laxmipura, Kalol Naka and Tandalia in Sabarkanta district were old and unsuitable for teaching the schools children. Also, the school was short of space for teaching the growing number of children in the area. To meet this crying need for a better infrastructure, the NLRDF upgraded existing infrastructure and also constructed classrooms. In addition, the NLRDF provided the minimum teaching material and equipment that a school needed. After completion of the classroom, the NLRDF handed over to the school the betterequipped classroom. Training Widows for Entrepreneurship NLRDF is recognized by the Government of Gujarat as the lead institution to train widows in different entrepreneurial trainings. During 200711, in the area of entrepreneurship training, NLRDF has trained 9600 widows in 16 districts of Gujarat. They were motivated for their own small businesses or service oriented skills to earn more for their livelihood. The biggest benefit that our Trainee widows got was the self-confidence. Another noticeable

gain from this program is that they could step out of their houses confidently, which they could not do earlier. Promoting Biogas Other major contribution of NLRDF is to motivate people in rural areas to adopt biogas as an alternative source of energy. We helped install 962 bio gas plants in three districts of Gujarat namely Sabarkantha, Gandhinagar and Ahmedabad districts. Participation in National Aids Control Program Under National Aids Control Programme, NLRDF has brought remarkable change in the practices and behavior of the target group for HIV/AIDS control. The efforts of the Trust have been recognized by the Expert External Evaluators of the program and they have rated our performance as Very Good leading to our inclusion among top 5 NGOs in the State for 2009-10. We are working with 1050 key population of urban areas of Himmatnagar, Idar, and Khedbrahma of Sabarkanta District.

Organic Cotton Project& Bci Organic Cotton Project was born from a need to create value through innovation across the supply chain particularly in the area of raw material cotton. Arvind is a leading cotton textile manufacturer based in India with a significant global presence. With its dominance across the textile value chain, the company endeavors to be a one-stop shop for leading apparel brands. In order to complete the supply chain, Arvind has forayed into organic cotton production through contract farming model in order to source organic cotton that is of high quality; and a socioenvironmental need to sustain cotton farming production in a

socially fair manner that promotes the rural economy and creates a healthy ecosystem. Mission To encourage a transition from conventional fibre cultivation to an organic farming system by extending support and coordinating the dissemination of knowledge in a socially fair manner, this will promote the rural economy and create a healthy ecosystem. Vision To promote a vibrant rural economy that is driven by the sustainable growth of agriculture. Objectives

To develop and promote a business model that is environmentally sustainable To improve farm productivity and farmer incomes To enhance biodiversity of the rural landscape To develop a lasting social infrastructure and support system in the region

Organic Cotton Farming The cotton crop esentially requires a lot of water and extensive use of chemical fertilizers and pesticides. As such, it has a dramatic impact on the quality of the soil, and moreover, on the environment. Organic cotton farming is the process of growing cotton naturally without the use of synthetic pesticides and chemical fertilizers. The only additives come in the form of organic manures, and the soil quality is controlled by means of rotational crops. The impact on the environment is reduced drastically, producing clean and safe cotton while creating a sustainable cycle. Organic farming is best suited for marginal farms with poor quality of soil. Arvind is working closely with the

farmers of the Vidarbha region in Akola to grow organic cotton. This initiative has helped to improve the livelihood of the farmers by dramatically increasing their per-acre income. A direct buyingat-doorstep policy and a seven day payment cycle, along with an elimination of all forms of exploitation by middlemen, has further helped improve the farmers income levels. What started out as a small project now encompasses 27,000 acres of farmland employing nearly 3,700 farmers. All the organic cotton produced at these organic farms is certified by the Control Union Certification, Netherlands. Better Cotton Initiative (BCI) With a focus on securing more and more sustainable cotton sources, we have closely involved ourselves with the Better Cotton Initiative (BCI), a Swiss association working to reduce environmental and social impacts of cotton growing . The concept is to grow cotton with very carefully controled application of water, chemical fertilizers and pesticides, dramatically reducing the environmental footprint of cotton farming. These techniques work well in fertile and irrigated regions where organic farming is not economically viable. To ensure compliance, the BCI closely monitors and approves the farming practices carried out. Arvind initiated the first BCI approved project in India. The project covers over 10,000 acres of farmlands and involves working closely with nearly 1200 farmers. The project size is set to double within the next financial year Stock Information Name of the Stock Exchanges where the securities are listed Ahmedabad Stock Exchange Ltd. (Regional Kamdhenu Opp. Sahajanand Panjarapole, Ahmedabad - 380015 Stock Exchange) Complex College

Bombay Phiroze Dalal Mumbai - 400 001 National Stock Exchange 5th Floor Bandra Mumbai 400 051

Stock Jeejeebhoy


Ltd. Towers Street Limited Plaza, Block (E)

Exchange Plot Kurla

of No.C/1, Complex

India G. Bandra

The Luxembourg Stock Exchange { Listing only of Global Depository Receipts (GDRs)} 11 Avenue de la Porte-Neuve L-2227 Luxembourg Shareholding Pattern 2011

Shareholding Pattern as on 31st March, 2011


Shareholding Pattern as on 31st Dec, 2010 Shareholding Pattern as on 30th Sept, 2010 Shareholding Pattern as on 30th June, 2010 Shareholding Pattern as on 31st March, 2010


Shareholding Pattern as on 31st Dec,2009

Shareholding Pattern as on 30th Sept,2009 Distribution of shareholding as on quarter ended on 30th June, 2009 Distribution of shareholding as on quarter ended on 31st March, 2009


Distribution 2008 Distribution 2008 Distribution 2008 Distribution 2008

of shareholding as on quarter ended on 31st Dec. of shareholding as on quarter ended on 30th Sept. of shareholding as on quarter ended on 30th June, of shareholding as on quarter ended on 31st March,


Distribution 2007 Distribution 2007 Distribution 2007 Distribution 2007

of shareholding as on quarter ended on 31st Dec, of shareholding as on quarter ended on 3Oth Sept, of shareholding as on quarter ended on 3Oth June, of shareholding as on quarter ended on 31st March,


Distribution 2006 Distribution 2006 Distribution 2006 Distribution 2006

of shareholding as on quarter ended on 31st Dec, of shareholding as on quarter ended on 3Oth Sept, of shareholding as on quarter ended on 3Oth June, of shareholding as on quarter ended on 31st March,


Distribution 2005 Distribution 2005 Distribution 2005 Distribution 2005

of shareholding as on quarter ended on 31st Dec, of shareholding as on quarter ended on 3Oth Sept, of shareholding as on quarter ended on 3Oth June, of shareholding as on quarter ended on 31st March,


Distribution of shareholding as on quarter ended 31st Dec, 2004 Distribution of shareholding as on quarter ended 30th Sept, 2004 Distribution of shareholding as on quarter ended 30th June, 2004

Annual Financial Report

Review Note 2010-2011 Audited Financial Results of Arvind for the year 2010-11 Subsidiaries' Accounts for 2009-10 Arvind Ltd. Annual Report for 2009-10 Review Note 2009-2010 Audited financial results for the year ended 31st March, 2010 Results of Polls Taken At AGM Dated 25.09.2009 Annual Report FY 2008-2009 (Abridged) Annual Report FY 2008-2009 (Unabridged) Review Note 2008-2009 Audited financial results for the year ended 31st March, 2009 Annual Report FY 2007-2008 (Unabridged) Audited financial results for the year ended 31st March, 2008 Annual Report FY 2006-2007 (Unabridged) Annual Report FY 2006-2007 Review Note 2006-2007 Audited financial results for the year ended 31st March, 2007 Annual Report FY 2005-2006 Review Note 2005-2006 Audited financial results for the year ended 31st March, 2006 Annual Report FY 2004-2005 Review Note 2004-2005 Audited financial results for the year ended 31st March, 2005 Audited financial results for the year ended 31st March, 2004 Annual Report FY 2003-2004 Audited financial results for the year ended 31st march, 2003 Annual Report FY 2002-2003

Quarterly Financial Report 2010 - 2011

Unaudited financial results for the quarter ended 31st Dec, 2010 Review Note | press release Unaudited financial results for the quarter ended 30th Sep, 2010 Review Note Unaudited financial results for the quarter ended 30th June, 2010 Review Note

2009 - 2010

Unaudited financial results for the quarter ended 31st Dec, 2009 Unaudited financial results for the quarter ended 30th Sep, 2009 Review Note Unaudited financial results for the quarter ended 30th june, 2009 Review Note

. 2008 - 2009 . Unaudited financial results for the quarter ended 31st December, 2008 Review Note

Unaudited financial results for the quarter ended 30th Sep, 2008 Unaudited financial results for the quarter ended 30th june, 2008

2007 - 2008

Unaudited financial results for the quarter ended 31st december, 2007 Review Note Unaudited financial results for the quarter ended 30th september, 2007 Review Note | press release Unaudited financial results for the quarter ended 30th june, 2007 Review Note

2006 - 2007

Unaudited financial results for the quarter ended 31st december, 2006 Review Note Unaudited financial results for the quarter ended 30th september, 2006 Review Note Unaudited financial results for the quarter ended 30th june, 2006 Review Note

2005 - 2006

Unaudited financial results for the quarter ended 31st december, 2005 Review Note

Unaudited financial results for the quarter ended 30th september, 2005 Review Note Unaudited financial results for the quarter ended 30th june, 2005 Review Note

2004 - 2005

Unaudited financial results for the quarter ended 31st december, 2004 Review Note Unaudited financial results for the quarter ended 30th september, 2004 Review Note Unaudited financial results for the quarter ended 30th june, 2004 Review Note

Shareholndingianalyst Presentations 2010 - 2011 Transcript of Analyst Concall - 23rd May 2011 Arvind Transformation - A Corporate Presentation Arvind Products Ltd.- Results of Polls taken at AGM 25.9.2010 Arvind Ltd.-Results of Polls taken at AGM 25.9.2010 Press Release - Bangladesh Denim Plant

2009 - 2010 Code of Conduct for Directors and SMP 2008 - 2009 For the quarter ended 30th Sep, 2008 For the quarter ended 30th june, 2008

Arvind Ltd. to expand retail stores Textile manufacturer Arvind Ltd. will open 120 retail format stores in five states across the country this fiscal Hyderabad: Textile manufacturer Arvind Ltd. will open 120 retail format stores in five states across the country this fiscal. Some of these stores would be companyowned and the rest, franchisees. The company currently has 13 such outlets, branded Arvind stores, and will expand to towns in states such as Gujarat, Rajasthan, Maharashtra, West Bengal and Andhra Pradesh, according to Kulin S Lalbhai, chief manager (retail), Arvind Ltd. Each store would entail an investment of Rs.50-70 lakh, and sell Arvinds apparel brands as well as custom-made fabric and denim solutions. By innovating on the retail platform, we are able to reach smaller parts of India along with the urban platforms, said Lalbhai. Further, the company, Lalbhai said, will expand all over the country, taking the number of Arvind Stores to 250 by 2012-13. It has set a target of Rs.400 crore from this segment by the end of financial year 2013

The story of closed stores

10:24 PM | June 20,2011 After much deliberation, the inter-ministerial group on inflation recommended that FDI be permitted in multi-brand retailthe area in which most international firms want to invest FIND MORE ARTICLES ON: Our view Infrastructure Multi-brand retail FDI Retail sector

FutureBazaar eyes Rs 1 crore online sales every day PTI 08:16 PM | June 17,2011 Future Group is targeting at least 10% of its total retail revenues to come from digital platforms in the next three years FIND MORE ARTICLES ON: Futurebazaar Future Group Current Fiscal Kashyap Deorah Retail Sector US economy posts largest job gains in 11 months Lucia Mutikani/Reuters 07:53 PM | May 06,2011 The private sector job gains of 268,000 were the biggest since February 2006 and accounted for all the jobs created last month FIND MORE ARTICLES ON: US Economy Employment Jobs Private Sector Retail Sector Michael Shaoul Deepak Parekh | A 25 bps rate hike will be a good policy Tamal Bandyopadhyay 11:26 PM | April 28,2011 RBI needs to be complimented for its baby steps and not

disruptive steps, says Parekh FIND MORE ARTICLES ON: Deepak Parekh DHFC Regulator Inflation Interest Rate Food Inflation RBI Fiscal Policy Retail Sector SBI PE investment in retail will keep rising Shraddha Nair & Sapna Agarwal 09:49 PM | March 22,2011 Investments in the sector by PE firms in 2010 jumped to $372 million, the highest in the past four years FIND MORE ARTICLES ON: PE Retail Sector VCC Circle Investment Private Equity Carrefour eyes 2011 growth, restructuring on track Reuters 12:51 PM | March 03,2011 2010 operating profit 2.972 bn euros vs 2.965 bn poll; it eyes 2011 cost savings of 480 million euros, excluding Dia and sales and current operating income growth; keeps 2010 dividend at 1.08 euros; two exceptional dividends planned tied to spin-offs FIND MORE ARTICLES ON: Carrefour Retail sector Retailer Shopping Dividend FDI in retail not essential to control inflation: Montek PTI 07:30 PM | March 01,2011 Food inflation, which had touched 18.32% in end-Dec, has moderated to 11.49% in mid-Feb. However, prices of vegetables,

especially onion, and protein- based items continued to remain costly FIND MORE ARTICLES ON: Montek Planning Commission FDI Food Inflation Ficci Retail Sector Wal-Mart Metro Tesco Govt close to decision on opening up retail sector 12:43 PM | February 18,2011 We are very seriously engaged, Anand Sharma told Reuters in an interview in Kuala Lumpur. It is receiving attention of the government in a most serious is in a very advanced stage of discussion FIND MORE ARTICLES ON: Retail sector Foreign investors WalMart Carrefour Tesco India may attract $250 bn FDI in next five-year: Sharma PTI 03:47 PM | January 20,2011 The government is taking steps to attract more and more foreign direct investment. It is considering to allow FDI in sectors like multi-brand retail and defence FIND MORE ARTICLES ON: FDI Anand Sharma Global investors CII Retail sector Defence Economic crisis FDI in services sector dip by 30% in April-October 2010 PTI 02:41 PM | January 12,2011 The financial and non-financial services sector had attracted FDI

worth $3.12 billion (Rs15,087 crore) during the same period last fiscal FIND MORE ARTICLES ON: FDI Foreign direct investment Services sector Foreign inflows FII Overseas funds Retail sector FM may not cut taxes; continue with stimulus: Experts PTI 03:35 PM | January 11,2011 Industry chamber Ficci also made a recommendation for opening up defence and retail sectors for foreign players FIND MORE ARTICLES ON: Budget Tax cut Pranab Mukherjee India Inc Ficci Stimulus package Videocon Corporate tax Defence sector Retail sector Maharashtra, NCR account for over 50% FDI PTI 03:53 PM | November 17,2010 During April-August 2010-11, India received $8.88 billion in FDI FIND MORE ARTICLES ON: FDI Investment NCR Maharashtra Retail sector Defence sector Pawar to talk to state Govts on multi-brand retail FDI Reuters 11:54 AM | October 28,2010 Opening up the sector would ease massive supply bottlenecks that have contributed to keeping inflation stubbornly high in India, Asias third-largest economy

FIND MORE ARTICLES ON: Sharad Pawar Agriculture minister FDI Retail sector Sugar exports Cotton exports Bharti Wal-Mart to rope in 35K farmers in supply chain by 2015 PTI 02:37 PM | October 26,2010 The company will also train the farmers on how to utilise usage of water and fertilisers optimally FIND MORE ARTICLES ON: Bharti Walmart Retail Sector Farmers Mike T Duke FICCI Rajan Bharti Mittal FDI Jubilant Foodworks plans 70 stores, enter Bangladesh Reuters 03:29 PM | July 07,2010 The retail sector in Asias third-largest economy is largely closed, with 51% foreign direct investment allowed only in single-brand retail and multi-brand retail restricted to cash-and-carry outlets FIND MORE ARTICLES ON: Jubilant Foodworks Food Arvind adding two foreign brands to its portfolio

Apparel retailer Arvind Ltd will be adding two new foreign brands to its portfolio of four brands Arrow, US Polo, Flying Machine and Izod this fiscal.Mr Kulin

Hindware Homes plans to open 10 stores by year-end Hindware Home Retail Private Ltd (HHRPL) is planning to open nine retail stores under its EVOK Mega Home Store' brand by the end of this year. The firm, an arm of