Project report for vastr shaala


Introduction

The project report for Textiles is as follows:  The Indian textiles industry, currently estimated at around US$ 150 billion, is expected to reach US$ 250 billion by 2019. India’s textiles industry contributed seven per cent of the industry output (in value terms) of India in 2017-18.It contributed two per cent to the GDP of India and employs more than 45 million people in 2017-18.The sector contributed 15 per cent to the export earnings of India in 2017-18.The production of raw cotton in India is estimated to have reached 34.9 million bales in FY18 . The Indian retail market was worth Rs ...


Promoter(s) Details

  


Location, Land , Building & Utilities

The retail shop / online selling point is located at the busy street  and having a prominant location for getting good visibility 


Product / Services & process

The firm is focused on  selling quality clothes. It is having an online presence in leading online portals as well as retail shop in the leading commercial space of the town. 


Market potential & Strategy

The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand,with consumerism and disposable income on the rise, Indian economy, one of the fastest growing economies of the world, is witnessing major shifts in consumer preferences. Increasing disposable income, brand awareness and increasing tech-savvy millennial population are the driving factors of corporatized retail within the country. Overall, Indian retail scenario has shown sustainable long-term growth compared to other developing economies.The Indian retail market was ...


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