Reasons Why Arvind Could Be A Big Winner In India’s Textile Sector

Arvind Limited is emerging as a strong textile sector play as the industry shows signs of recovery after a difficult decade. Aniruddha Sarkar, Co-founder & CIO, Equinova Investment Managers, is bullish on Arvind, particularly because of its advanced materials division focused on technical textiles. The business offers higher margins than traditional textiles and could support better profitability and potential multiple expansion. Arvind’s acquisition of a US-based technical textiles company also highlights the management’s focus on expanding this high-margin segment. With Indian textile companies potentially regaining lost ground, Arvind could benefit from improving industry conditions and a stronger mix of value-added businesses.