Home / Knowledge / News / Textiles / Technopak Leadership Forum projects 3-fold rise in T&A industry
Technopak Leadership Forum projects 3-fold rise in T&A industry
Sep '10
Technopak Advisors, one of India's leading management consulting firms hosted the 2nd Technopak Annual Leadership Forum for the Textiles and Apparel industry in Mumbai on September 3, 2010.

This exclusive, by-invitation-only forum provided a platform for 150+ stalwarts from the textile, clothing and apparel retail industry as well as representatives from the Ministry of Textiles, to debate and offer industry perspectives on the state of the regulatory framework, growth prospects and opportunities for the domestic and international market; as well as the key challenges faced by the industry.

A Technopak Research Report on Textile and Apparels (T&A) released at the event estimates that:

• The Women's wear apparel market is growing at a higher rate of 12% than men's wear at 9%; to reach 43% in 2020
• The Indian domestic T&A market size is expected to grow @ 11% CAGR to reach Rs 6,56,000 crores by 2020
• High growth categories include Women's casual wear, Innerwear, Activewear, Kids wear, Women's Western wear, Plus Size Apparel, Lingerie, Workwear & Uniforms, Technical Textiles and Home Textiles.

An eclectic list of senior and CXO level representatives comprising of Mr. Dilip Jiwrajka, Managing Director, Alok Industries Ltd., Mr. Gautam Chakravarti, Executive Director, Blackstone Advisors India Pvt. Ltd., Mr. Ashesh Amin President – Apparel and Retail, S.Kumars Nationwide Ltd., Mr. B. S. Nagesh, Vice Chairman, Shoppers Stop, Mr. Martin Jones, CEO, Marks & Spencer Reliance India, Mr. Pradeep Hirani, CEO, Kimaya Fashions and many more, ensured that the panel discussions were dialogue driven, interactive and result-oriented.

One of the highlights of this year's forum was the Technopak Research Compendium that was released, which showcased some interesting trends. It was observed that even though currently, menswear apparel has a majority share in the Apparel market (43%), women's wear is growing at a higher rate of 12% compared to men's, which is growing at 9%. Due to this high growth, women's wear share is expected to reach 43% in 2020 from the current 37% share. Apart from this, kidswear is also growing rapidly with higher growth in girls' wear (11%) than boys' wear (10%).

Speaking at the inaugural session of the 2nd Technopak Leadership Forum, Mr. Arvind Singhal, Chairman, Technopak Advisors highlighted the growth drivers for the industry, “Growth within the industry will be driven by innovation across product, design and brand, channel and also business processes. Further, it is important for the industry to identify and create new mega clusters- Madurai, Mundra, Ambala and Mangalore, having tremendous potential for manufacturing.”

Mr. Singhal further outlined the need for collaborative and more aggressive entrepreneurship, increasing scale through- mergers, acquisitions, divestments and bringing forth positive outlook for the industry to attract the best managerial and operational talent to provide further impetus for growth within the industry.

Addressing the key note at the Technopak forum Mr. Dilip Jiwrajka, Managing Director, Alok Industries Ltd. said, “Private label in the organized retail industry will provide big impetus to the textile industry. Additionally, the government, Textile upgradation fund scheme should be leveraged for exporters to grow.”

Click here for more details

Technopak Advisors Pvt Ltd

Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Lenzing

Textiles | On 25th Jun 2018

Lenzing launches Veocel nonwoven speciality brand

Leading fibre company, the Lenzing Group has unveiled Veocel, the new ...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Urmil Arya

Sushila International, a well established textile organisation established ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Ritu Kumar
Label Ritu Kumar

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

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search