Arvind plans to double turnover, opening new stores

Arvind Ltd aims to double its revenue from retail business to Rs 800 crore by 2013-14 from Rs 400 crore by the end of this fiscal. The company will invest about Rs 300 crore on an incremental basis over the next three years in order to expand its retail footprint across the country. In addition, the company is planning to set up about 15-20 stores in each state across the country. Opening the new Arvind stores is an offer that would make signage companies dealing with jobs in in-shop displays, branding, standies, etc.