Punit Lalbhai, VC & Executive Director, Arvind, says, «We are rapidly decarbonizing our energy footprint. So, a lot of renewables, we are replacing fossil fuels for thermal energy using agro waste, so sustainability is a very, very strong theme. So, I think these are the couple of big themes right now — consolidation, more verticality, and a huge focus on sustainability.»
«In the 80s, I think when my father started getting very active in the business, he realised that traditional textiles were under a lot of pressure from the unorganised segment. So, he had this vision called Renovision, where he reinvented the company and pivoted it to an export-oriented model and that has what made Arvind the largest denim company in the world,» says Kulin Lalbhai, Executive Director, Arvind Ltd.
How would reflect on the journey of the Arvind Group?
Kulin Lalbhai: If we just go back to the journey of this group, I think one definition or one pattern has been that we have had a constant reinvention. I think for any business to survive for 100 years, you have to constantly change and as you said when we started out, when the whole Swadeshi movement was there, we were producing a lot of traditional textile clothing. In the 80s, I think when my father started getting very active in the business, he realised that traditional textiles were under a lot of pressure from the unorganised segment.
So, he had this vision called Renovision, where he reinvented the company and pivoted it to an export-oriented model and that has what made
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