FabIndia IPO Focuses @ ESG Investors

FabIndia IPO Focuses @ ESG Investors

17 March 2022, Mumbai:

FabIndia

Fabindia is an umbrella multi-category store brand with a unique ethnic, artisanal positioning across the categories of fashion, lifestyle, home décor.

Fabindia is a natural fit for global investors focused on environmental, social, and governance criteria, according to its chief financial officer.

“We are ESG in the way we operate in terms of connecting the artisans, the farmers,” Gopal Mishra said in an interview with Bloomberg News. “This is not that we have done something special for ESG or ticked those green boxes.” 

ALSO READ Fabindia and Hidesign opened their first joint location store in Chennai.

FabIndia Executive Vice Chairman William Nanda Bissell pointed to the New Delhi-based firm’s network of 40,000 artisans, spread across India’s villages and smaller towns, and said if FabIndia’s IPO is successful, it will serve as an example to other companies of how ESG is the wave of the future.

RELATED ARTICLE Fabindia to build new product portfolio for new international markets

The 66-year-old company is in talks with ESG funds and will make decisions on its investor lineup after the Indian stock market regulator clears its first-time share sale, Mishra said.

Join our community on Linkedin 

CREDITS: Bloomberg ET (The news article has not been edited by DFU Publications staff).

Author’s Posts

  • Tamil Nadu Textile Sector Begins Strong Recovery

    Tamil Nadu Textile Industry Shows Signs of Recovery
    After ...

    May 22, 2025

  • Shahid Kapoor Joins Taapsee Pannu for Vogue Eyewear India

    BRAND ANNOUNCEMENT | VOGUE EYEWEAR WELCOMES SHAHID KAPOOR, WHO JOINS TAAPSEE PANNU AS ITS BRAND AMBAS...

    May 22, 2025

  • 3rd Morocco International Yarn & Fabric Sourcing Show 2025

    3rd Morocco International Yarn & Fabric Sourcing Show 2025

    May 13, 2025

  • India’s Apparel Exports: Big Potential, Low Share

    Despite having the world’s second-largest vertically integrated textile industry, India’s share...

    May 05, 2025

  • CITI: India must engage U.S. on tariffs

    "Bridging the Information Gap in the Textile and Fashion Industry."

    DFU
    Inside Fashion Vol. 23 No. 2
    Azad
    EasiTex