Aarvee Denims news and archive

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...

Apparel

Smaller denim exports see dip in orders

The ongoing uncertainty in the global economy, especially in the West has resulted in a fall in denim exports. This in turn has hurt India’s denim industry and especially exports. Denim players are experiencing a decline in orders even in the on-going peak season. Exporters have piled up of stocks, which has led to pressure on manufacturing...

Apparel

Aarvee Denims Q2 net profit surges to Rs 17.29 cr

Aarvee Denims and Exports has reported almost five-fold surge in its net profit at Rs 17.29 crores for the second quarter ended September 2012. This has happened on the back of higher sales and lower raw material cost. The textile company had a profit of Rs 3.75 crore in the year ago quarter. The company’s net sales grew by 26 per cent on...

Apparel

Indian denim players eye 15% export growth

India’s domestic denim market is said to be growing by 10 per cent, and now cut in denim production by China and the US has propelled export order books by 15-20 per cent for Indian players. Though there has been a strong competition from Pakistan and Bangladesh, Indian players are witnessing a 15 per cent surge in foreign orders. Many denim...