21 June 2022, Mumbai:

Digitalization in retail, like everything else, has democratized Indian consumer markets, with a multitude of emerging and significant D2C businesses now recognizing and serving all micro-consumer categories better than ever before.

With the total addressable market in India expected to exceed Rs. 7 trillion ($100 billion) by 2025, there is plenty of space for established firms to expand and new players to join the D2C revolution.

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While now may be one of the best periods to develop and grow a digital-first company in India, it can be time and resource costs.

Disruption, agility in response to new consumer demand, and swift tech advancements supported by tenacious teams that are empowered to act will add the necessary resilience to the D2C eco-system and transform the brand-customer journey, according to a thumb rule that can guide founders at all stages.

The sheer quantity and variety of customer engagement modalities available today, including many social media platforms, give brand owners the chance to convey their narrative and engage customers even before they make a purchase.

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Brands can reach out to their consumers in a much more calibrated and focused manner since they have complete control over every part of the customer experience and touchpoints, resulting in a better customer lifetime value.

This phenomenon creates a catalyst for D2C brand hypergrowth.

This is where specialty niches will develop now that consumers have had their fair share of internet purchasing experiences.

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These groups aren't only interested in traditional shopping; they're also interested in seeing what's new and out there that matches their preferences and stimulates them to form personal relationships with a brand created by someone who shares their viewpoints.

Hundreds of D2C companies are thriving in the country, each serving a specific niche. This allows other entrepreneurs to develop complementary products and services for D2C brand clients.

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The traditional layers of distribution channels are peeling off due to the D2C approach. Because the number of supply chain pitstops has been reduced, products may now reach customers straight from the producer or retailer's site.

People who buy personal care items, vacation services, fashion, fitness, or food products may readily recall seeing advertising on Instagram, Facebook, and other social media platforms before visiting the seller's website and making a purchase.

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Trust and brand recall will be the game-changer for businesses entering offline stores in the post-pandemic environment, particularly in the personal care, fashion, and wellness areas.

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The key to developing this brand-consumer solid relationship is continually improving products and marketing techniques based on customer input. This is critical since millennial shoppers are uninterested in companies that tell them what to buy.

Instead, they want items that answer their real-world problems and requirements and frequently seek bespoke solutions.

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17 June 2022, Mumbai:

A living wage is explained by the International Labor Organization as the theoretical level of wage that one must earn to pay for necessities such as shelter, food, and water in the country where they live.

While the US has one of the highest levels of the minimum pay in the world for garment workers, that rate was just around 70% of the living wage in 2018-2019.

Garment workers in Indonesia, on the other hand, earned a far lower nominal minimum pay of USD 181 per month. However, such an income level was significantly more significant than the claimed USD 103/month living wage during the same period.

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A livable wage is an absolute minimum that employees need to live a decent life. The minimum legal salary in China remains significantly below a living wage, and many workers remain poor—despite the fact that many textile workers are paid more than a living wage.

In Bangladesh, Vietnam, and Indonesia, average salaries are just a quarter to half of what a person requires to live comfortably.

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When it became evident that many individuals staying in Baltimore's homeless shelters were employed full-time, the city implemented living wage rules in 1994, and the alive wage movement took off.

On the city's minimum wage, campaigners discovered that it was just not feasible to maintain a decent standard of living.

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Where salaries rise, there's a risk that local service providers may raise the cost of rent and food. This means that a rise in income may not ultimately convert into a better quality of life unless executed effectively.

And if the rise isn't uniform, then increases at one facility might result in job losses as multinational companies shift their orders to cheaper competitors. Companies must collaborate with labor unions, governments, and others to solve the issue.

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Additionally, it is critical to ensure that costs are not lowered elsewhere due to the salary increase if brands continue to pressure factory owners on price, and factory owners may balance wage increases with a reduction in workplace safety measures.

But one thing is sure: until wages are raised, the people who create our garments will be doomed to a life of poverty and peril.

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Effective government intervention is not always possible because of the unstable political situation in countries where labor rights are frequently a problem. 

Local industry players often wield excessive political clout, which they use to protect their short-term interests at the expense of their workers.

Brands should also commit to long-term relationships with suppliers who treat their employees fairly.

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14 June 2022, Mumbai:

The apparel sector in India, often known as the ready-made garment business, has shown consistent expansion in recent decades.

Many of India's top garment manufacturers have also become some of the world's leading clothing suppliers, achieving great success in critical areas of clothing manufacturing, exports, sales, and employment for India's textiles sector in recent years, as well as contributing significantly to the country's GDP growth.

ALSO READ  Smart Garments for Smarter Living

According to McKinsey's FashionScope, India's apparel and garment market will be valued at more than $59.3 billion in 2022, maintaining its position as the world's sixth-largest clothing manufacturer. The expanding population of people with higher incomes and significant government backing is driving market expansion. According to reports, the targeted population's aggregate income is predicted to treble by 2025, resulting in substantially more robust demand in India's garment manufacturing business.

The garment sector in India today employs over 13 million people, making it the country's largest employer. In recent decades, many of India's largest apparel factories have also become essential providers of ready-made garment items for the worldwide market. Adopting new technologies such as machine learning and cut and sew robots will likely significantly influence the global garment manufacturing industry through 2025. 

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Clothing producers are constantly seeking for natural ingredients to lower their carbon footprint. Therefore the growth of sustainable dyeing will have a growing influence.

1. KPR Mill -

KPR Mill Limited produces yarn, knitted grey, colored fabric, and readymade garments and is one of India's largest vertically integrated clothing manufacturing enterprises.

With an annual capacity of 95 million pieces, the firm boasts one of India's largest garment manufacturing plants. It has also erected windmills in Tamil Nadu to create green electricity for captive use, which would fulfill 75 percent of the state's power needs. KPR Mill stock prices will be a constant topic of conversation in 2018, with windmill growth at the forefront.

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2. Bombay Rayon Fashion Ltd -

Bombay Rayon Fashions Ltd is a vertically integrated textile and apparel firm that produces various textiles and garments in state-of-the-art manufacturing facilities. Besides being India's largest shirt maker, Bombay Rayon Fashions Ltd now employs over 38,000 people and produces over 90 million garments annually. Its high employment has been a continuous contributor to India's GDP.

3. Raymond Ltd -

Raymond is one of the top fabric producers and largest garment manufacturers in India, and a capacity of 38 million meters in wool-blend textiles and a market share of over 60%, ranking among the first three fully integrated makers of worsted suiting in the world. Raymond may be the only firm in the world with a broad product selection of approximately 20,000 designs and colors of suiting fabric to fit any age, event, and style. Raymond produces high-value pure wool. Raymond's products are exported to more than 55 nations, including the United States, Canada, Europe, Japan, and the Middle East.

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4. Vardhman Textiles -

Vardhman Textile is an Indian textile manufacturer based in Vardhman. This Vardhman Group subsidiary was created in 1965 and has grown into India's largest textile manufacturer, with annual sales reaching $1 billion. Vardhman is an Indian yarn, greige/processed fabric, acrylic fiber, and other product maker and trader.

In India, the firm has 22 production units spread over five states. Since its establishment, Vardhman Group has evolved into a worldwide business powerhouse with operations in India and 75 other countries. It is engaged in the production of yarn, cloth, and acrylic fiber. Vardhman has a sound business plan and a significant market share as India's second-largest textiles firm by sales.

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5. Trident -

Trident Group has become one of the world's largest integrated home textile firms, with goods sold in over 100 countries. The firm is a prominent yarn spinner in India and a world-class terry towel maker. As a result, Trident is India's leading manufacturer and exporter of cotton terry towels and other domestic textiles, chemicals, and captive power.

6. Page Industries -

Page Industries Limited (PIL), situated in Bangalore, is a subsidiary of JOCKEY International Inc. (JIC). In India, Sri Lanka, Bangladesh, Nepal, and the United Arab Emirates, it is the only licensee of the JOCKEY® brand.

Page Industries has been awarded the exclusive license to manufacture, sell, and distribute Speedo items in India by Speedo International Ltd. JOCKEY is the company's flagship brand and a market leader in the innerwear area. Page Industries and JOCKEY's unique work has resulted in several firsts in the innerwear industry.

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7. The SEL group -

SEL, an Indian textile company, is one of the largest vertically integrated textile companies in the country and the globe. From spinning and knitting to generating value-added goods like terry towels and ready-made clothing, the company's facilities in Punjab, Haryana, Himachal Pradesh, and Madhya Pradesh serve a diverse spectrum of customers.

SEL is a significant yarn and thread supplier to the European and American markets.

Arvind Ltd - Arvind Ltd was established in 1931. Ahmedabad is the company's headquarters. Knits, retail, woven, telecom, advanced material, agri-business, and other items are available from the corporation. Through its statewide retail network, the firm owns brands such as Flying Machine, Newport, and Excalibur, as well as licensing foreign names such as Arrow and Tommy Hilfiger. It is one of India's top ten garment and textile companies.

9. Dollar Industries Ltd -

Dollar Industries Ltd was established in 1972. The business creates and sells clothing. Men's and boys' innerwear, nightwear, winter care, trousers, socks, and other relevant accessories are available from the company.

Dollar Industries Limited has established itself as one of the major brands in the hosiery industry, with a 15 percent market share and a large proportion of textile exports in the Indian hosiery market. It is one of India's top ten garment and textile companies. Subscribe to Fundoodata subscription plans to acquire additional information about the organization, such as critical executive details, turnover, and personnel count.

10. Nahar Industrial Enterprises Ltd -

In 1983, Nahar Industrial Enterprises Ltd was established. It's a firm that makes textiles. Sugar and Textile are the two segments in which the company works. Yarn and cloth are available under the Textile section.

Yarns include 100% cotton yarns, 100% cotton colored yarns, compact spun yarns, 100% blended yarns, 100% polyester yarn, industrial yarns, open-end yarns, open-end slub yarns, specialty yarns, Eli twist yarns, core-spun yarn, and vortex yarns, as well as textiles such piece-dyed yarn-dyed and prints. A variety of mixes are also available from the company.

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18 June 2022, Mumbai:

Quick Background

The textile sector in India is the second biggest employer, employing about 100 million people Going back to 1911, only a few blocks from today's 'Fashion Week' location in Manhattan.

According to one industry report," The textile industry is the second greatest polluter of local freshwater in the world and is culpable for roughly one-fifth of all industrial water pollution".

Citing one quick instance," The Triangle Shirtwaist Factory in New York City, along with straight-front corsets, the fox-trot, and Teddy Bears, was at the leading edge of style, apparel, and Washington Square until a fire struck".

One hundred forty-six employees died in what turned out to be the city's worst industrial accident ever. On 24 April 2013, the collapse of the Rana Plaza building in Dhaka, Bangladesh, which housed five garment factories, killed at least 1,132 people.

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Real V/s. Reel

Fashion documentaries often provide viewers a behind-the-scenes glimpse at the industry's creative powerhouses, designers, magazine editors, and photographers whose works have captivated millions of people worldwide.

These films are frequently set in the luxurious bubbles of fashion, whether in Valentino Garavani's enormous French estate or inside an haute couture studio, where a freshly installed designer told an underling to spray-paint a costly white jacket black.

Brand corporations made the most money at the start of the century by inciting bidding wars among factory owners. Factory owners would intensify downward pressures on workers to stay competitive and obtain the most for less.

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It Is More Than What Meets The Eye!

Workers on the factory floor were left with poverty pay, decreasing working standards, and an increase in industrial fires due to this chain reaction.

Today, companies like H&M, Adidas, and Nike are extending production into countries like India, El Salvador, and Cambodia, all of which use the same three-part model.

Fire-conducive raw materials, locked entrances, malfunctioning or non-existent sprinkler systems, lack of fire safety equipment or training, high-density workplaces, and so on are all examples of historical and contemporary parallels in the apparel industry.

RELEVANT NEWS Removal of cotton imports duty failed to benefit spinning & composite textile mills

Dark Side Of Business

Many do not know about the darker side of the glamorous fashion industry; however, there lies a lot of deep-buried secrets in fashion life.

Looking down on people to some extent because of their profession or lifestyle makes it difficult for them to go about with their life. While following their profession, people do find some of their works demeaning.

Sometimes people find it difficult to cope with the present competition; with the passing days, the industry is growing exceedingly, and the rat race seems extremely unfortunate and pressurizes the individual.

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Pulse Check

Due to such pressure on the individual, people find it extremely difficult to keep up with the constantly changing and growing situations.

Consumers are enticed to buy trendy clothing as soon as it hits the shops.

But they are blind to the harsh truth, the agony with which the apparel is made.

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To stay ahead of the competition, fast fashion merchants release new collections regularly, which has harmed not just the environment but also human labor.

Customers from Istanbul discovered something unexpected in the apparel recently when buying at Zara, letters from factory employees saying that they manufactured the item that we are about to buy.

RELEVANT NEWS NIFT and UNEP are collaborating on a project called "Design Innovation for Sustainable Fashion." 

The employment and salary circumstances of Indian textile sector employees are deteriorating due to decreased output and global sales. Factory closures and wage arrears are likely the greatest danger to textile workers' socioeconomic well-being. 

To stay ahead of the competition, fast fashion merchants release new collections regularly, which has harmed not just the environment but also human labor. 

It Is More Than What Meets The Eye!

Customers from Istanbul discovered something unexpected in the clothing recently when buying at Zara, letters from factory employees saying that they manufactured the item that we are about to buy.

Still, they didn't get paid for it. This is only one of many examples of their suffering.

Such deep hidden dark sides of the fashion industry are yet to be unveiled and yet to be looked at with seriousness. 

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17 June 2022, Mumbai:

Current State Of Affairs

With anti-China sentiments on the increase in the United States and worldwide, the region's textile industry sees an opportunity to tap into the American garment market.

According to a Business Standard report," It is in a sweet spot, largely because of the China Plus One policy of European and US apparel brands, and the ban on Chinese cotton by the US. Industry players also indicate that following the China Plus One strategy, there is at least a 20 percent shift of exports from that country to India".

The Indian Texpreneurs Federation (ITF), located in Coimbatore, has urged textile businesses in the state to focus 'aggressively' on the US market right now. Right now, in regions like Tirupur, around 75% of units focus on European markets. Focus on the US is less. This combination of factors and the situations post the Covid-19 outbreak, could accelerate the trend of decline in Chinese apparel imports by global countries, Dhamodharan said.

A prominent German business that has been getting T-shirts from China for years contacted a supplier in Tirupur, Tamil Nadu's famed textile industry, a few months ago. After making inquiries and conducting due diligence.

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The firm offered Warsaw International a four-thousand-piece T-shirt purchase for this fiscal year. According to Raja Shanmugham, managing director of Warsaw, the brand stated it wished to relocate a portion of its business away from China but refused to specify why.

India should concentrate on reclaiming the markets that the Chinese are abandoning. Trends indicate that this is not the case. Even with free-trade agreements like Japan's, our garment exports have not increased significantly.

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The export and import laws should be formulated so that the industry, particularly textiles, has a level playing field.

Imports of raw materials used to make synthetic textiles, for example, are subject to a higher tariff. Then anti-dumping duties on synthetic fabric raw materials were levied on select Indian manufacturers. They had complained about the impact of raw material imports.

RELEVANT NEWS How Seriously Are International Brands Looking at Indian Apparel Sector

According to a report released in October last year by the Confederation of Indian Industry (CII) and global management consulting firm Kearney, India's textile industry should aim for $65 billion in exports over the next five years, especially with China Plus One sentiments favouring India as global companies look for sourcing and manufacturing destinations outside of the factory of the world, China.

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According to the Press Information Bureau, India's domestic textile and clothing manufacturing is valued at $140 billion, including $40 billion in textile and apparel exports. According to the commerce ministry, the government has set an export goal of $100 billion over the next five years, up from $34 billion in 2019-20.

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According to experts, India, as a significant textile player, has the chance to expand its footprint in this market significantly.

Way Forward

The government's goal of $100 billion in textile exports over the next five years can only be met if a robust structure, longer-term policies, and more excellent planning by Indian enterprises are in place.

Aside from that, one needs to assist with ease of doing business to assure the seamless running of supply chains for brands and merchants wishing to de-risk operations.

Also, if India controls its cotton supply well enough, we will be able to add more value to raw cotton or yarn exports, allowing us to expand our operations and market share.

Here We will Like To Leave You With The Thoughts," There Is A Semblance Today Than Ever Before In The Optimism That Indian Textile Industry Seems To Be Poised To Wriggle Out Of Troubled Water To Cash In On Anti-Chinese Sentiments".

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14 June 2022, Mumbai:

Bird's Eyeview

India is one of the world's leading apparel-producing nations. With a 5% contribution to the country's gross domestic product, the textile and garment sector is one of the most important contributors to the economy (GDP).

India's apparel and textile business is the second-largest employer, employing 45 million people directly and another 100 million indirectly.

India is one of the world's major jute and cotton producers.

ALSO READ How Favourable Is Rupee's Precipitous Fall For Indian Textile Sector

Trade Landscape

About 95% of the world's hand-woven cloth originates from India, the world's second-largest silk manufacturer. From 2019 to 2025, India's textile and apparel industry is predicted to develop at a CAGR of 10%, reaching US$4 190 billion.

We are witnessing high growth in the apparel sector, with more and more new brands sneaking in and making a mark in the apparel sector.

Additionally, with the international brands shutting down in the European market, the Indian market exports have grown magnanimously, leading to massive market growth.

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The demand side of the global industry

In India, as we know that apparel diversity is enormous, and so is the cultural diversity, which is very much liked by the foreign population.

During the years 2021-22, India's exports increased dramatically. During the year, total services and merchandise exports hit an all-time high of US$ 669.65 billion, up 34.5 percent over the previous year.

Cotton yarns and handloom goods exports totaled US$ 1.34 billion in March 2022, a 22 percent increase over March 2021.

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Competitive Landscape

In March 2022, the export of artificial textiles, yarn, and made-ups was US$ 0.53 billion, up 15% from March 2021.

India exports textiles and clothing to the United States, the United Arab Emirates, the United Kingdom, Bangladesh, Germany, China, Spain, France, Italy, the Netherlands, Saudi Arabia, and other countries.

The United States is the most significant buyer, accounting for almost one-fourth of India's total exports.

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Optimistic Outlook

For this fiscal year, the Centre set a target of $44 billion in exports for the sector, which has been met to 67 percent.

The industry is optimistic that the export goal will be attained. India's exports hit a new high of $37.29 billion in December, up 37 percent yearly.

This is the highest monthly export achievement to date. In December 2020, exports totaled more than $27.22 billion. Last month's export growth was also a 37.55 percent increase over December 2019, which was $27.11 billion.

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The worldwide market for artificial fiber apparel and made-ups is about $200 billion.

Still, India's contribution is a pitiful $1.6 billion, accounting for less than 0.8 percent of the global market. Trade agreements with the United Arab Emirates and Australia, as well as those in the works with the United Kingdom, Canada, Japan, and Korea, are expected to enhance garment exports.

Favorable Trade Dynamics

Apparel enquiries diverted from China to India are for real now than ever before. As a result of the Sri Lankan economic crisis, major businesses have begun to transfer their orders from Sri Lanka to India, boosting apparel shipments.

Sri Lanka exports over $5.5 billion worth of clothing each year to international markets.

"With a series of lockdowns in China in recent months, the price of man-made fibre (MMF) imports is expected to rise significantly, resulting in a higher price for some goods in the near future.

China's vacating space in certain categories/loosening grip on the global textile trade has opened a door. Indian firms lack scale and scope to make best out of the emerging opportunities global supply chains are presenting".

Will Indian manufacturers finally step up?

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18 June 2022, Mumbai:

A general overview 

The textile sector in India is the second biggest employer, employing about 100 million people directly and indirectly. 

As per the ResearchGate report, "The domestic textiles and apparel industry contribute 2% to India's GDP, 7% of industry output in value terms, and 12% of the country's export earnings".

As a result, it is critical to discuss the facts on the adverse effects of the lockdown on the textile sector and India's economy. Each crisis, however, brings about structural adjustments and opportunities.

With its old skills and cultural traditions, the Indian textile industry is one of the most distinctive in the world. India's textile industry, worth almost $140 billion in 2017, is expected to be worth more than US$ 209 billion by 2029.

The sector suffered a significant downturn due to the pandemic. Still, as the outbreak fades, the Indian textile market is expected to rebound and develop at a 10% CAGR from 2019 to 2026, reaching US$ 190 billion.

The nation's textile sector has significantly contributed to the economy. The industry generated 7% of the sector's production in 2019. Cotton, handloom, yarn goods, and other exports soared by more than 50% in June.

ALSO READ How Favourable Is Rupee's Precipitous Fall For Indian Textile Sector

The sector has attracted FDI and several other investments in the previous five years. The ICIL announced an investment of $2.6 million in May 2021. Under the automated way, the Indian government has permitted 100 percent automation.

Many additional investments from FBB (Fashion at Big Bazaar), Raymond, Max Fashion, and others, as well as initiatives like the Scheme for Capital Building (SCBTS) and Production-linked Incentive (PLI), are assisting in the industry's growth and exports. By 2025, India's textile sector will attract US$ 120 billion in investments and grow product exports to US$ 300 billion.

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By 2025, India is expected to be the second most attractive market, contributing up to US$ 121 billion, while China is expected to be the most attractive market contributor, contributing US$ 378 billion.

With a GDP growth rate of 7.2 percent in 2017-2018, India is one of the fastest-growing countries in the world. This increases people's spending power and increases demand for textile sector products.

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This increase in capacity results in a greater variety of items that may be shipped inside India and beyond the world.

Like the rest of the globe, India is still reeling from the COVID-19 crisis at a breakneck pace. In India, the virus has infected about 2,836,925 persons and killed 53,866 people since August 20, 2020. The global estimates for those infected and who died from the virus are 22.41 million and 787,701, respectively.

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These data help us grasp the intensity of this epidemic, which, while not the first to strike humanity, is one of the worst in terms of its impact on the socio-economic landscape of India and the entire globe, given the increased global interconnection among different countries.

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Reality Check

The employment and salary circumstances of Indian textile sector employees are deteriorating due to decreased output and global sales. Factory closures and wage arrears are likely the greatest danger to textile workers' socioeconomic well-being.

In addition, the industry employs a large number of women. As a result, considering its relevance for women's empowerment, the government could ill afford to ignore it from the standpoint of socioeconomic welfare. 

In Summary

As per KPMG report," China and India are major raw material suppliers to all the key textiles and apparel manufacturing hubs across the world and are thus indirectly influencing, to various degrees, the overall industrial growth of these economies".

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14 June 2022, Mumbai:

The Indian textile industry plays a significant role in the country's economy. Apart from providing one of life's most basic requirements, the textiles sector also plays a vital role in the country's industrial production, employment generation, and export revenues.

It accounts for around 14% of the industrial output, 4% of GDP, and 17% of the country's export revenues. Over 35 million people are directly employed as a result of it. After agriculture, the textiles industry is the second largest employer. As a result, the expansion and overall development of this business directly impact the nation's economy.

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The Indian textile industry's distinctive structure stems from a heritage of tax, labor, and other regulatory laws that supported small-scale, labor-intensive businesses while discriminating against larger-scale, capital-intensive companies.

The structure is also attributable to India's historical focus on fulfilling the requirements of its native consumers, mostly low-income, rather than the global market.

Significant gains in technical efficiency and international competitiveness have resulted from policy reforms that began in the 1980s and continued into the 1990s, particularly in the spinning sector.

However, more reforms are still needed to improve India's weaving, fabric finishing, and clothing industries' efficiency and competitiveness.

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The textile ministry holds a very systematic website wherein all the details about the Indian textile are published as well as reported, and along with that, several grievances are addressed, and several important steps are undertaken.

Day-to-day activities and news are regularly updated on the website.

The ministry also closely monitors all the things that are happening at several textile outlets. Increases or decreases in price, changes in production units, the introduction of new raw materials, withdrawal of any material, or addition and subtraction of any information are actively posted on the website.

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The Ministry of Textiles actively connects throughout the world. Anyone in and across the country can get any information that they require by just clicking on the website. The ministry has tried to make the process as transparent as possible so as to promote the textile industry in and across the world, at large.

The colossal event, according to Textiles Minister Smriti Zubin Irani, would span the full value chain. The event is expected to attract between 800 and 1,000 Indian exhibitors, as well as 2,500 international buyers and 1,000 Indian high-volume retail buyers.

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International exhibitors will be welcome to participate in the exhibition.

The Common Umbrella Brand would be created for the Indian textiles industry by showcasing products from fiber to fashion at the Indian Pavilion, holding roadshows in conjunction with the event, and hosting 'India Eve' (B2B Meetings) after the event's business hours.

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The show will also feature a Technical Conference titled Advantage India, Sourcing Destination for the World, which will bring together renowned national and international speakers and delegates to establish India's relevance in global textile sourcing, discuss key issues, and chart a course for high growth. 

The conference will also cover topics such as skilling, branding, fundraising, and technological advancement.

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14 June 2022, Mumbai:

Except for one, the usage of digital technology, no prediction could have worked for long in the past in terms of shifting the business environment throughout the supply chain for an industry as fragmented as fashion.

However, it required a pandemic like COVID-19 for the industry to see the need for technological innovation, especially in the garment industries, which desperately need quick transformation.

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The truth is that no customer will pay more for factory-sourced items tomorrow than they did yesterday.

Furthermore, purchasers always look for improved efficiency and productivity at the plant level, failing which the firm would most likely lose business in this competitive era.

Product cycles have also decreased dramatically, from months to days, owing to increased consumption from more digitally-savvy customers across various channels, including online, offline, and omnichannel retailers.

Unlike in the past, when orders for fewer SKUs were made in large quantities in factories, today's end-consumer wants more design options and customized clothes, which means an order for a single SKU is not as large as it once was.

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This tendency must be considered when the term 'Future Smart Apparel Factory' is used. So, what effect will this tendency have on the supply chain?

More designs and fewer numbers of an SKU imply a more complicated supply chain and more challenging shopfloor procedures.

In such a scenario, there would be a more critical requirement for gathering information at the right moment and analyzing that information for future decision-making, Carlos Conde Bande, GM (Innovation and Experimentation, Li & Fung), explained.

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Rather than incorporating electronic gadgets into accessories such as watches or spectacles, the next step is to incorporate them into the clothing itself. As a result, the user will not need to carry an additional accessory and will be able to wear smart device features right on their clothing.

Designers and manufacturers have been attempting to affix these gadgets to the cloth directly. Despite the fact that the clothing-attached gadgets are sleek and smart, they nonetheless offer a number of issues.

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Intelligent solutions are those advances that a factory needs to keep up with standards and make it cost-competitive in the genuine sense, not those technologies that require significant investments and may not be factory-friendly (depending on the scale of the facility).

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Some factory owners fail to recognize that their plant's digital twin or digital component needs the same attention and care as the physical twin, despite an incredible span of various periods of industrialization and technological adaption.

Intelligent solutions and technology will be beneficial in these endeavors, and one must have a holistic perspective from the beginning of the supply chain to the finish. Wearable technology is one step ahead of smart fabrics.

With so many benefits, it's logical that people are interested in learning more about how these smart fabrics are manufactured. This is when things start to get a bit tricky. The early attempts to create smart fabrics were similar to how wearable technology is made.

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