Arvind, India's BOP Jeans, in Joint Venture with American Firm

Submitted by Rob Katz on September 5, 2006 - 14:20.
Published in: |
September 02, 2006 - 14:00, Times of India
US jeans major, Arvind Mills in JV

The $7-billion VF Corporation of US is setting up a joint venture with Arvind Mills to design, market and distribute VF's branded lifestyle apparel in India.

Many will recognize Arvind as the company behind Ruf-n-Tuf jeans, a BOP innovation documented by C.K. Prahalad and Stuart Hart in their article, "Fortune at the Bottom of the Pyramid" in 2002. 

Chairman Eric Wiseman: India is a "perfect market for us" because of its huge branded apparel market, rapidly growing economy and spending power, and the growing aspirations of its people.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Basic HTML tags are accepted.
  • To ensure that you are human, your comment must first be previewed, then posted to the site. Please click "Preview" to see how your comment will look when posted.