Indian Warehousing industry has seen unprecedented growth in last few years with the absorption rate within the industry having increased from 13 million sq ft in 2016 to 35 million sq ft in 2020 according to JLL (Absorption rate in simple term means “Area Sold or Leased”).
The Greensill Orchestra. What does an Orchestra and collapse of a Financial Institution have in common, they both involve a large ensemble of musicians playing different instruments that creates a perfect Symphony (Financial Fraud) that will make the world go Gaga! The fall of Greensill Capital which filed for administration in the U.K. (similar to Bankruptcy), is a result of one such classic Orchestra. And the musicians involved?
Aarnav Fashions Limited (AFL) is a well-established company in the textile space. The consolidation of Aarnav Fashions although within the same group, throws light on the much-needed consolidation in the textile industry. Can it play the role of a torchbearer for the trend of consolidation and help in making the textile space India’s crown jewel once again?