Home / Knowledge / News / Apparel/Garments / 'I am bullish on Indian markets' – Mr Sahni, Wazir Advisors
'I am bullish on Indian markets' – Mr Sahni, Wazir Advisors
16
Sep '09
Mr Harminder Sahni, MD, Wazir Advisors
Mr Harminder Sahni, MD, Wazir Advisors
Wazir Advisors is a management consulting firm focussed on Consumer Products and Services sectors covering lifestyle - Fashion, Food, Home, Entertainment, Health, Auto and Education and has recently been set up by Mr Harminder Sahni.

Wazir will offer services in the areas of Business Strategy, Joint Ventures, M&A and Financial Advisory Services to Indian and International firms targeting Indian Consumer and will be based out of Gurgaon (National Capital Region).

Mr, Sahni, till recently was a Partner and Managing Director of Technopack, which advises textile units to expand and helps retail companies to launch their operations. Mr Sahni incidentally hails from a background in textile engineering.

Fibre2fashion spoke exclusively to Mr Sahni on the textile and apparel market scenario and he was kind enough to share his vast experience. He said, “I believe the export business will start picking up in next 2-3 quarters, not only due to the improving consumer spending in US and Europe but also because the supply chains are totally exhausted due to lesser buying in the last 4-5 quarters. So the demand for exports will not only be for sales but also to build stocks”.

He continued, “My only concern is that the investment in new capacities has been very very low in last one year and hence Indian exporters may not be able to take full advantage of this reviving demand, since the key to growth in exports business is directly connected with the capacity available when the demand surges”.

He added by saying, “I am much more bullish on the domestic market wherein the consumer demand had slowed a little bit but has come back really strong, since the last 4 months, since the new government was sworn in and with every passing week, consumer confidence is rising and is visible in the sales of all kinds of consumer items be it clothing, cars, motorcycles, home loans etc”.

He concluded by saying, “In the domestic market, the key to growth is creating demand by bringing in real value for money products for each consumer segments and in the last 5 years, discount brands like Koutons and Cotton County have really grown the market, but now the baton has to be taken over by the new generation players, and I believe that the expansion of hypermarkets and large format family clothing stores will lead to next surge of clothing market expansion”.


Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search