Arvind mills announced that it had completed a joint venture agreement with Diesel International B.V. to represent the arrival of the diesel brand in India. The new entity would be called Diesel India Fashion Arvind Pvt Ltd.
Arvind mills, as the diesel authorities claim, was carefully chosen by them after a detailed search.
The joint venture hopes to start operations before the end of this year opening stores in Delhi and Mumbai
Source: www.equitybulls.com
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