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November 2019

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November 2019| 1-15| 80 Pages

Of recent maternitywear market has become the new ‘It’ in the Indian apparel industry as working women no more prefer shabby nighties, facilitating evolution and growth of this category. According to a report, the maternitywear industry in the country, which was estimated at Rs. 2,000 crore in 2017, is growing at around 15-17 per cent year-on-year. Team AOI talks to few popular retail heads to know more…

Under the ‘Manufacturing’ segment, Team AR takes a review of three major garment manufacturing companies which have been witnessing growth. Tirupur-based AKR Industries, one of the largest manufacturers and exporters of fleece-based garments and currently doing a business of Rs. 450 crore, is aiming to achieve Rs. 1,000 crore in the next 5 years. Also, Bangalore-based Gokaldas Exports Ltd., with employee strength of 25,000, and 85 per cent being women, is looking at expanding existing factories to ensure maximum utilisation of space. The company showed a remarkable turnover of Rs. 341.26 crore during the Q1 of 2019-20, compared to Rs. 284.91 crore gained during the same period of last fiscal. Similarly, Tirupur’s apparel manufacturer, International Trading Company (ITCRmg) understands that since 90 per cent of the domestic market is unorganised and dealing with distributors is not easy, it chose catering them through technology – the Ajio B2B Business Model.

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Article From This Issue

Products of International Trading Company, Tirupur

International Trading Company, championing tech strategies to maintain relevance

International Trading Company has chosen technology via the Ajio B2B Business Model for product diversification and retail.

Oct 30, 2019  |  Sourcing

Women Entrepreneurs

Women Entrepreneurs: The Harbinger Of Change In The Start-Up Ecosystem

It is a bygone notion that businesses can only be run by men. Many women in India have taken it upon themselves to enter this ecosystem and here they discuss their ventures, journey and overcoming the hurdles they faced being part of a male dominated industry.

Oct 31, 2019  |  Retail

dt-cover

Worker efficiency accelerates amidst occupational uncertainty

Industry stakeholders have taken various steps to motivate workers and enhance their working conditions.

Nov 01, 2019  |  Sustainability

BOHECO Co-founders (clockwise from top left): Sanvar Oberoi; Chirag Tekchandaney; Sumit Shah; Delzaad Deolaliwala; Yash P. Kotak; Avnish Pandya; and Jahan Peston Jamas

AKR Industries steadily marching towards Rs. 1,000 crore goal

With so many interesting practices that are uncommon in Indian garment sector, it’s not surprising to see AKR Industries steadily march towards Rs. 1,000 crore goal.

Nov 08, 2019  |  Sourcing

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