HUMAN RESOURCES

Human Resources for a business enterprise needs a conceptual outlay to enable business managers to identify, plan and implement planning for manpower.

Fundamentally, business situations have changed the world over. The rise of the intellect has been imminent. Human resource planning can no longer confine itself to the traditional sources for hiring and retaining. The human resources of today see their roles having changed from that of a doer to that of a thinker and on most occasions “a thinker doer”.

HR VISION

Be The Foundation That Integrates Culture,

Vision & Values , Creates an Environment

That facilitates The Maximization

of Human Potential.

PHILOSOPHY

WE BELIEVE
In people and their unlimited potential.
In content and focus in problem solving.
In teams for effective performance.
In intellect & its power.

WE ENDEAVOUR
To select, train and coach people to obtain higher responsibilities.
To nurture talent to build leaders for tomorrow's corporation.
To reward, celebrate and activate all intellectual business contributions.

WE DREAM
Of excellence in all endeavours.
Of mutual benefit and prosperity.
Of making the world a better place to live in.
We Make Things Happen.

FINANCE

Arvind Mills is acclaimed in the Indian corporate field for its financial skills. Be it the phase of rapid growth or downturn; the company has demonstrated swift, sharp and robust financial acumen to navigate the Company through different phases of economic cycles. Arvind Mills was the first Textile Company from India to issue GDRs in the year 1992-93. Highly complex financial restructuring exercise involving more than 80 domestic and international lenders which the Company implemented following the major downturn in the business cycle during year 2000-2002 is considered to be the benchmark for the Indian corporate. Arvind Mills has been making judicious choice of fund-raising avenues in the domestic as well as international markets so as to construct very efficient capital structure, which is in the tune with operating risks and enhances the shareholders’ value.

The Company has laid down the Risk Management policy to manage the financial risks emerging out of currency and interest rate risks. It runs an active treasury desk so as to make use of modern hedging tools available to manage financial risks.

Arvind Mills was the first Textile Company in India to implement ERP, SAP as back as in the year 1997-98. The company follows best accounting practices to prepare its financial statements as envisaged in the Indian and international accounting standards.

Arvind established its own Naphtha based combined cycle cogeneration plant in 1997. The same has been converted into Natural Gas fuel. Being operated on Natural gas fuel it is totally emission free and environment friendly.

Arvind is serving the nation by preserving the precious resources with establishment of highly efficient combined cycle cogeneration plant both at Naroda and Santej (main two facilities). At the same time it is also serving the objective to provide stable, reliable, uninterrupted quality power and economic steam.

The CCPP consists of 2 x 10.45 MW GE make Gas Turbines, Waste heat recovery steam generators and 1 x 6.4 MW BHEL extraction cum condensate steam turbine both at Naroda and Santej. In addition to CCPP both plants have stand by auxiliary boiler running on agro waste fuel.

The exhaust waste flue gases of Gas turbines efficiently utilized to generate the high-pressure steam from Heat Recovery Steam generators, which again generate the power from steam turbine. The low pressure extracted steam from the steam turbines serve the steam requirement of the textile process. Almost 70 % of the heat energy of the fuel are being recovered.

By achieving the highest availability constant production needs is being attained. By Maintenance of constant quality power in terms of voltage and frequency which attributes to consistent production rate with less maintenance of the equipment.

Visuals

MATERIALS

Yarn, dyes, chemicals and spare-parts are forming part of other materials (other than Cotton) in the process of manufacturing. Arvind Mills has policy to make global sourcing so as to optimize quality and cost of these inputs. The company has stringent quality standards and has well equipped testing facilities to ensure adherence to these standards for inward-materials. While procuring the dyes and chemicals it also ensures that internationally accepted Eco-norms are met with. Arvind Mills deals with internationally renowned names.

The material sourcing team employed by Arvind Mills is consisting of mix of engineering as well as commercial skills so as to ensure that both quality and costs are optimized. This team in cooperation with manufacturing team continuously works on product and vendor developments. Arvind Mills follows the Purchase Policy and Standard Operating Procedures laid down by one of the large international advisory firms, in the materials management function.