Mafatlal Industries news and archive

Mafatlal launches Mohinee, a new range of women’s fabrics

Mafatlal Industries has launched ‘Mohinee’ women’s wear fabrics. The company plans to launch a complete array of products comprising of dresses and blouse material fabrics under the brand. These fabrics will be sold through conventional two tier distribution network across India. The company will focus on the environment friendliness and...

RetailFeatured

Mafatlal Industries: ‘We have the potential to be global leader in textiles’

Optimistic about market scenario, Aniruddha Deshmukh, MD & CEO, Mafatlal Industries says “We really see a good opportunity in the market.” Mafatlal does B2B and B2C trade and also direct selling to end consumers. He says “These days, consumers are attracted towards innovations. They come to the market to see new offerings. In fashion business,...

Retail

Mafatlal opens a ‘Family Shop’ in Agra

Mafatlal Industries (MIL) opened its doors to a ‘Mafatlal Family Shop’ at Central Business Park in Agra on September 19. The new store offers a wide range of textile products. Two more ‘Mafatlal Family Shops’ are slated to open in Pondichery and Nadiad this October. Mafatlal plans to take the number of stores from current 110 to 200 ‘Family...

People

Mafatlal appoints Aniruddha Deshmukh as CEO and MD

One of the oldest textile manufacturers, Mafatlal Industries has announced the appointment of Aniruddha Deshmukh as new Chief Executive (CEO) and Managing Director. Mumbai-based Mafatlal also appointed Deshmukh on the company's board. Before joining at Mafatlal, he was President of textiles division at Raymond. On July 8, 2015, the company's...

Fashion

Mafatlal introduces premium fabrics collection for summer

Mafatlal Industries (MIL) recently showcased it’s summer collection of premium fabrics for summer 2015. The range comprised of ‘Exotic Whites’ premium shirting range in 100 percent cotton, intimate blends of polyester, cotton, modal and Lycra in fine counts from 60s to superfine counts of 2/140s with an exclusive Silkina and Duro finish. An...

Apparel

Mafatlal Industries Q2 net profit at Rs 4.81 cr

Mafatlal Industries, the flagship company of the Arvind Mafatlal Group has declared unaudited financial results for the quarter ended September 30, 2013 with standalone total income at Rs 278.72 crores and net profit of Rs 4.81 crore for the quarter. For the six months ended September 30, 2013, Mafatlal's total income stood at Rs 501.15 crores...

Apparel

Denim players invest in automation to improve product quality

In a bid to enhance export orders, improve product quality and bring down overall input costs, denim fabric makers are looking at investing big time in new technology automate their manufacturing. While on one hand the move is caused by the desire to improve product quality, it is also in order to become less people intensive due to growing...

Fashion

Mafatlal consolidates its textile business

In a landmark decision, the Arvind Mafatlal Group has embarked on the consolidation of its textile businesses into Mafatlal Industries Limited. Mafatlal Denim Limited and Mishapar Investments Limited have been amalgamated with Mafatlal Industries Limited to form a large textile conglomerate. There are several benefits that would accrue through...

Fashion

Indian denim industry poised for mega growth

In spite of the difficult times the world went through due to the economic recession in 2008-09, the Indian denim industry has managed to hold its own and grow rapidly. In fact, in the last five years it emerges that both domestic markets and exports have grown. The domestic market has grown from $30 billion to $47-52 billion and the total...

Apparel

Garment prices to go up

Apparel buyers will feel the pinch this festive season. They have to pay 15 per cent more for their favourite brands — be it lingerie, shirts, or bottoms. The reason: rising cotton prices, which have gone up by 72 per cent in the last one year. The bad news doesn’t end there. With the Indian government allowing cotton exports, after a five-month...