and smart denim jackets. Launches a 4-in-1 smart shirt in association with Arrow. 2016: The company enters online retailing with NNNow.com, a one-stop shopping destination for trendsetters across India. 2016: GAP joins hands with Arvind to sell apparels through NNNow.com 2016: Arvind Fashion Brands ties up with cricket legend Sachin Tendulkar and launches True Blue, a menswear label that embodies the spirit of the global Indian. 2016 (October) announces decision to generate about 740 crores by diluting 10% stake in its brand business arm pegging its enterprise value at 8,000 crore and same will be picked up by Multiples, the Private Equity firm founded by Renuka Ramnath. 2017: Launches its own Ready-To-Wear brand. October: signs a Memorandum of Understanding (MoU) with the Gujarat state government to establish a mega apparel factory in the state, a 300 crore project in Dahegam with capacity to produce over 24 million garments once fully operational. November: India's largest textile and branded apparel player announces decision to demerge its Branded Apparel and Engineering businesses from the parent company, into the entity Arvind Fashions Limited and the shareholders of Arvind Limited will be entitled for one equity share of Arvind Fashions Limited for every five shares held by them in parent company. Engineering business will be demerged into an entity named as Anup Engineering and will be engaged in the manufacturing of critical process equipment and Shareholders of Arvind Limited will be entitled for 1 equity shares of Anup Engineering Limited for 27 shares held by them in parent company. Both the companies are planned to be listed on BSE and NSE on completion of process. 2018 (March): Adient (NYSE: ADNT), announced the formation of Adient Arvind Automotive Fabrics a joint venture with Arvind Limited for development, manufacture and sale of automotive fabrics in India and the new company will be based in Ahmedabad, India, and will manufacture fabrics for automotive seating at a fabric manufacturing facility. Gallery Businesses Fabric Denim Shirtings Khakis Knitwear Voile Garment exports Shirts Jeans Arvind Brands (owned) Flying Machine (company) Newport Quads Ruf & Tuf Excalibur Creyate Arvind RTW (Exclusively available at The Arvind Stores) Arvind Brands (licensed) Arrow Gap Inc. Gant U.S.A. Tommy Hilfiger EdHardy Izod Cherokee Mossimo U.S. Polo Assn. Nautica Aeropostale Advanced Materials Division EBO (exclusive brand outlet) / The Arvind Store Agri Telecommunications service provider Engineering Internet Real estate Mega Mart Retail Environmental Solutions Financial restructuring In