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 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Johan Berlin
InvestKonsult Sweden AB

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Tony Ward
Tony Ward

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search