In the early 1980s, he led the 'Reno-vision' whereby the company brought denim into the domestic market, thus starting the jeans revolution in India.
In the late 1990s, the company encountered financial problems due to its debt burden, resulting in incurring significant losses.
This complex financial restructuring exercise, which involved several domestic and international lenders, is considered to be the benchmark and a case study in India.
The restructuring was overseen by Jayesh Shah, CFO, and advised on by a JP Morgan Hong Kong team, led by Ahmad Ayaz.
In 2018, Arvind Ltd. demerged its branded apparel and engineering business into separate entities for enhanced focus and value addition for the shareholders of the Company.