Arvind Opens ₹150 Crore Garment Plant in Varanasi; Shares Fall 1.40%

Mumbai, October 26: Arvind Limited shares were trading 1.40% lower at ₹474.15 on Monday after the company inaugurated its new garment manufacturing facility in Varanasi, Uttar Pradesh. The greenfield plant was inaugurated by Prime Minister Narendra Modi on October 25.

Developed with an investment of approximately ₹150 crore, the facility marks Arvind’s first manufacturing unit in Uttar Pradesh and expands its garment production capabilities.

Arvind’s New Manufacturing Facility

Spread across 5.5 acres, the plant has a built-up area of approximately 65,000 square feet and a revenue potential of ₹250 crore. The company expects the facility to generate more than 1,000 jobs, with women expected to account for a significant share of the workforce.

The plant will manufacture knitwear products using automated sewing technologies. It is also designed to improve production efficiency and product quality while supporting scalable manufacturing operations.

The facility will forward-integrate Arvind’s in-house knitted fabric business, strengthening its ability to serve existing customers and expand its garment offerings. The company expects the additional capacity to support opportunities in European and UK markets, alongside growing demand for diversified sourcing.

Arvind also plans to support employees through dedicated worker hostels and expand residential infrastructure as operations grow.

Stock Market Snapshot

The Arvind share price was trading 1.40% lower at ₹474.15 on Monday, October 26, 2026, compared with the previous close of ₹480.90. The stock opened at ₹480.65.

The share price was lower during morning trade. The movement alone does not establish a direct link between the stock’s decline and the facility inauguration.

About Arvind Limited

Arvind Limited is a textile and apparel company with businesses spanning fabrics, garments, advanced materials and other textile-related products. It serves customers in domestic and international markets.

Conclusion

Arvind’s new Varanasi facility adds garment manufacturing capacity and is expected to create more than 1,000 jobs. The ₹150 crore investment also supports the company’s strategy of integrating fabric production with garment manufacturing.

Source:

• https://www.nseindia.com/get-quote/equity/ARVIND/Arvind-Limited
• https://nsearchives.nseindia.com/corporate/ARVIND1_25102026153057_Arvind_Media_Release.pdf