Arvind Ltd, a leading textile-to-retail conglomerate, has announced a substantial capex program of ₹400-450 crore for FY25. This investment is part of a larger three-year discretionary capex plan totaling ₹3,000 crore through FY27. The FY25 allocation will focus on expanding capacity in the Advanced Material Division (AMD) and garments, while also enhancing product differentiation capabilities in the fabric business. A significant portion of the investment is earmarked for sustainability initiatives, including renewable energy projects, aiming to increase Arvind's renewable power share from 47% to nearly 90%. The company plans to fund this capex primarily through internal accruals, maintaining its long-term debt at current levels.
Source: Based on recent company announcements and financial report