×
647
Fashion Jobs
COLUMBIA SPORTSWEAR COMPANY
Assistant Merchandising Manager
Permanent · BENGALURU
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Firozabad
Permanent · Firozabad
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Phagwara
Permanent · Phagwara
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Karnal
Permanent · Karnal
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Belagavi
Permanent · Belagavi
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Baddi
Permanent · Baddi
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Moradabad
Permanent · Moradabad
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Idukki
Permanent · Idukki Township
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Garhmukteshwar
Permanent · Garh Mukteshwar
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Ranikhet
Permanent · Ranikhet
TRIANGLE WEAVERS
Production Manager
Permanent · Cherthala
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Kasauli
Permanent · Kasauli
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Calicut
Permanent · Kozhikode
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Balrampur
Permanent · Balrampur
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Nahan
Permanent · Nahan
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Kanchipuram
Permanent · Kanchipuram
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Rishikesh
Permanent · Rishikesh
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Chennai
Permanent · Chennai
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Bareilly
Permanent · Bareilly
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Nainital
Permanent · Nainital
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Kanyakumari
Permanent · Kanyakumari
LAVYA ASSOCIATES
Area Sales Manager-Agency | Life Insurance-Ghaziabad
Permanent · Ghaziabad
Published
Jul 27, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Fashion at the helm of India's economic growth

Published
Jul 27, 2017

As India’s fashion and textile market has experienced steady growth since the millennium, investments continue to rise and fashion continues to drive India’s economic growth as a whole.

Fashion sales are attracting investment to the sector and contributing to India's economic growth


The reach of the fashion industry has spread both geographically throughout India and through sections of society. After years of steady growth, there has recently been increased funding and investments in the sector across the spectrum. For example, Venture Capital (VC), Private Equity (PE), and strategic/HNI investments have all increased.

The fashion market in India is now brand-dominated and it is estimated that people are shopping for clothes around ten to 12 times a year, a drastic increase from before. The rise of e-commerce and social media has greatly widened brands’ customer reach and allowed them to gain popularity without the investment of a brick and mortar store. Moreover, social media has allowed people to view and then purchase the same clothes as celebrities or personalities they follow, and so digital promotion is increasing items’ desirability and ease of acquisition.

Prashant Mehra, a partner of Grant Thornton India, said of the industry, “The Indian fashion retail industry has been at the helm of India’s growth story with over 500 transactions in the last decade valued at around US $13 billion. Of this, US $1.3 billion has been transacted through Domestic M&A, US $10 billion through PE/VC monies and the balance through inbound investments. These investments are a testament to both the interest and potential in the sector.” Mehra also went on to explain that, while previous investments had focused on e-commerce platforms such as Voonik and Limeroad, since this section of the market is now well funded, the focus will now shift to fashion brands themselves.

Copyright © 2022 FashionNetwork.com All rights reserved.