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Arvind Enters Into a Joint Venture With Polser

  • Thursday, 7th February 2019
  • Reading time: less than a minute

Turkish Composites Manufacturers Association announces that Arvind and Polser has entered into a joint venture and will produce flat and corrugated fibreglass sheets together, 60 percent of the new partnership will be owned by Indian Arvind and the rest will belong to Turkish company Polser.

Ashish Kumar, Arvind Materials’ CEO, stated that the Arvind brand in garment industry has grown rapidly in the industrial sector and has taken an important step with the Turkish company Polser in the field of developing modern house construction. In the statement he gave to the Indian Press, stating that the new partnership will start production in the recent time, Kumar said, “the manufacturing plant will be set up at Ahmedabad, India. We are aiming to reach revenue of several hundred million dollars in 10 years.”

Turkish Composites Manufacturers Association hope that the partnership is beneficial to Polser, its sector and its country.

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