Focus On Opening Shops For B2C Push As It Is Now Almost ₹1000 CR, Says Lalbhai

In an exclusive chat with India Today Group Global Business Editor Udayan Mukherjee, Sanjay Lalbhai, Chairman and Managing Director of Arvind Limited, discusses the competition in the market with Raymond and Aditya Birla Fashion. He believes that both of these companies are unique in their sector. Lalbhai mentions that Aditya Birla brands have a retail format with international brands and designers, playing a different game. On the other hand, Raymond focuses on occasional wear and ceremonial space and is growing well. They have found their sweet spot. However, their portfolio is very similar to ours, but they have a much larger presence in B2C. Lalbhai also talks about Arvind Limited's push towards B2C, as they are the third-largest after Raymond and Sierra, and currently, their B2C business is almost ₹1000 crore.