Arvind, known for its denim and apparel brands, plans to boost its advanced materials division through innovative textile applications in sectors such as defence, aerospace, and other segments. In FY24, all the units under the advanced material segment were consolidated to form Advanced Material, for greater focus and business growth. 

In FY25, the company plans to spend around Rs 400-500 crore, part of which will be used to add capacity in its advanced materials division, garments, and modernise its fabric base. Under the advanced material segment, it makes human protection fabric and garments, industrial products, advanced composites, and automotive fabrics. 

Future plans include diversification of its product portfolio, addition of new capacities, exploring new geographies, and new customer segments for organic growth. Investment in its advanced material business is aligned to witnessing double-digit growth in the company’s topline. It will leverage new opportunities, which will be capital-efficient.

 Majority of the company's revenue came from the textile segment, while the advanced materials segment, which contributed over 18 percent to revenue, saw a growth of more than 14 percent. Capacities were augmented in the division, and new segments, such as defence, were added for future growth, as per the company’s FY24 annual report..