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Arvind Mills incorporated in year 1931 became one of the most profitable mills of India in 1934. India’s first denim brand Flying Machine was launched by Arvind mills in 1980.From work wear to ceremonial wear or evening wear, anything made in Arvind has its own distinct character, this is a result of 86 years of craftsmanship and unique ideas that go into the product. In 1993 it launched Arrow, and in 1995 it launched Ruf-n-tuf & Magamart. It came into suiting fabric business in 2008 and before this it sets up India’s largest integrated facility for shirting & bottoms. Arvind Store was launched in 2010 and till now in 2017 there are 190 stores across 120 locations in India.
So for them who are looking to make a mark in the fashion retail business, Arvind mills is looking for a franchisee who can invest up to INR 40-50 lacs and is inclined towards long term benefits. It must have a built up area of 800-1500 sq. ft. and ROI depends upon store to store, in a minimum 9 year break even.
Vikas Kumar, Sales & Marketing in charge of North & MP spoke to us at Franchise India Show 2017, “ We are planning to open 150 stores by 2018. We are already in tier-2 & Tier-3 areas and the brand is doing great. Also, bespoke clothing is the new in-thing in India and we get huge percentage of our revenue from custom tailoring. We are present at nnow.com”.
