In the era of Twitter and digital disruptions where radical regulatory reforms are taking place every day, family businesses are witnessing a big shift with the Next-Gen leaders rewriting the rules of the business, keeping profitability and family values intact. As per the industry estimates, about 40 per cent of family businesses worldwide will undergo a change in management in the next five years. In this context, Team Apparel Online takes a dig at some of the successful family businesses which are now being run by the Next-Gen entrepreneurs.
Meet the NIFT alumnus who is behind three successful start-ups… Founder of IDesign, Two Dots and Maroon Oak, Aditi Tandon elucidates on her journey post NIFT, her various experiences while starting up the three successful ventures and things that have fueled her creativity along the way.
The issue also gives coverage to the just concluded 3rd edition of Garment Technology Expo (GTE) at Gandhinagar (Gujarat) which witnessed big technology and machine suppliers from all-over India. Noticing reasonably a good footfall, visitation of SME apparel manufacturers dominated the show. Though they have limited resources they are ready to invest in any technology which suits them.