Concepts N Strategies excels in the Activewear industry by offering innovative workshops and consulting services that drive organized outcomes for clients. With a proven track record, the company ensures predictable growth through successful strategies and products. They maintain a competitive edge by continuously exploring new methods to create, deliver, and capture market and business value. By identifying and integrating the latest technology, they achieve peak efficiency and consistency. Through dedicated research and development, Concepts N Strategies innovates and introduces new yarns, fabrics, techniques, and finishes. Their primary goal remains to serve the finest brands in the market.
In an exclusive conversation with The Interview World, Kishan Daga, Founder of Concepts N Strategies, elaborates on trends in the Indian activewear market. He envisions the sector’s growth trajectory over the next five to ten years, emphasizing job opportunities for young people. He highlights the role of disruptive technologies in the industry and underlines India’s current standing in the global market. Here are the key takeaways from his insightful interview.
Q: How do you perceive the current dynamics of the Indian textile market, and what trends or challenges do you see shaping its future?
A: The textile market is poised for significant multi-level growth, driven by the efforts of industry leaders. The specific sections and categories that will lead this expansion are still being identified. However, as a consultant specializing in activewear, I recognize this segment’s immense potential. Activewear, often considered a standout category, is set to experience rapid growth. This burgeoning demand will also translate into substantial revenue increases for the textile industry, solidifying its importance and driving its future success.
Q: How do you envision the growth trajectory of this segment or sector over the next five to ten years?
A: Data across multiple formats predict robust annual growth in this category, ranging from 15% to 20%. With the current market value standing at $1 billion, we anticipate it will surge to $3 billion within 6 to 7 years, reflecting significant expansion and opportunity in the coming years.
Q: What job opportunities will this segment create for young people in the country?
A: Knits significantly impact production and usage rates, leading to a dynamic job creation landscape. This sector’s unique requirements also necessitate specialized skills across various levels, from senior to entry-level positions. As the industry evolves, it will drive the need for both highly skilled professionals and those with foundational expertise. Moreover, this demand will shape the employment ecosystem, fostering a specialized workforce that aligns with the country’s strategic goals. By focusing on these specific skill sets, the industry will contribute to national specialization, facilitating progress and guiding the country toward economic advancement. The growth of knits will, therefore, play a crucial role in enhancing the overall economic framework.
Q: How will disruptive technologies impact this sector in the coming years?
A: Consider this category—my enthusiasm may seem intense, but it’s driven by my deep passion for the subject. This sector stands out as the most disruptive today, primarily due to the constant innovation in polyester. Every day, we also push boundaries by developing new fibers with distinct properties, and this innovation extends to the garments themselves. Furthermore, major brands don’t merely offer polyester products; they elevate them with proprietary technologies and unique branding. For instance, Nike, Adidas, and prominent Indian brands don’t just sell a t-shirt or shorts; they infuse their products with distinctive names and technologies. This strategy also highlights the profound disruption within this category, demonstrating how innovation transforms even the most familiar products into cutting-edge solutions.
Q: How does India’s current standing in the global textile sector compare with other leading countries?
A: Currently, we are starting from scratch. However, we are embarking on this journey with confidence and clarity. Our initial steps are firmly set, and we are positioning ourselves for a strong start.
