India's Fashion Frontier: Hype and Hurdles

11 December 2023, Mumbai

WHY India

Booming Growth:

• Young Power: The Economic Times forecasts that by 2028, youth will be 55% of consumers, a lucrative segment.
• Market Explosion: The clothing market is expected to reach $180 billion by 2030, growing 7% annually.
• Emerging Hub: India is not just a sourcing destination; it's a fashion enthusiast's paradise.

India's fashion arena is on fire

Video Insights

• India's fashion scene is ablaze with passion and talent.
• The flames of fashion are burning brightly in India.
• A fashion inferno is raging in the heart of India.

Challenges and Opportunities:

• Standing Out: Fierce competition from local and global players demands a unique brand identity.
• Customer Focus: Quality, improved experience, and embedded innovation are key to winning the market.
• Resilient Supply Chains: Building agile supply chains to handle disruptions like lockdowns.
• Bridging the Skills Gap: Investing in talent development to address the workforce skills gap.

  5 key insights for WHY India:

  Category	Insights
  Booming Growth	Young Power: The Economic Times forecasts
  Booming Growth	Market Explosion: $180 billion by 2030
  Booming Growth	Emerging Hub: Fashion enthusiast's paradise
  Challenges and Opportunities	Standing Out
  Challenges and Opportunities	Customer Focus
  Challenges and Opportunities	Resilient Supply Chains
  Challenges and Opportunities	Bridging the Skills Gap

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