Apparel March 2020 Apparel March 2020 issue | Page 32

70TH NGF SPECIAL WE DON'T NEED THE CLOTHING SPACE SUBSIDISED. INSTEAD WE NEED TO ADDRESS THE CHALLENGES THIS INDUSTRY IS FACING AND MAKE IT MORE COMPETITIVE and celebrations, the change in our outlook and our sensibilities has led to the consumers adopting the Western calendar. This shift from the traditional calendar has not fared well with the Indian industry. Hence, CMAI is trying to propose new ideas so as to adopt calendars and models that are more India-centric. I think this new change could help address some of the discounting challenges we are facing today. WHAT DO YOU THINK OF THE UNION BUDGET 2020–21? Investments in this sector need to increase. The textile industry is the second largest employer in the country and we need more reforms to bring about its holistic growth. I think it is time that the Government considers about increasing consumption. I hope that some of the measures introduced by the Government will instil confidence in people and help improve consumption. This will ultimately help the entire industry. THE TEXTILE INDUSTRY IS ONE OF THE LARGEST POLLUTERS OF OUR ENVIRONMENT. IT ALSO HAS LABOUR ISSUES. HOW CAN THE PRODUCTION LINE BE MADE MORE SUSTAINABLE AND ETHICAL? CMAI has been working on an initiative called SU.RE for sustainable fashion. The idea is to create a larger sense of awareness among manufacturers and members so that they create more environment-friendly clothing and technologies that can be used for the same. The 30 I APPAREL I March 2020 challenge however, is that our cost of capital is higher and this requires new investments. It may take some time but we have begun to create awareness. WHAT ARE YOUR HOPES FOR THE FORTHCOMING FAIRS? The Autumn Winter or festive fair that happens in July is already the largest of its kind with almost 65,000 square metres of gross area and over 1,000 participating brands. While we have space constraints, we are working with members to try and make the coming edition larger and better. CMAI is also conducting a Vendor-sourcing fair—that starts in April this year— which is about targeting a new set of manufacturers and introducing them to larger, existing manufacturers and brand-owners who are looking at OEM (original equipment manufacturer) partners. We are also in talks with the Government about other areas in which more exhibitions and networking opportunities can be created. DO YOU THINK INDIVIDUAL APPAREL SPACES SHOULD BE DIRECTLY UNDER THE GOVERNMENT’S AEGIS OR SHOULD IT FOLLOW A FREE-MARKET APPROACH? I don’t think we need the clothing space subsidised. Instead we need to address the challenges the industry is facing and let it be as competitive as possible. And I am sure that with the kind of talent we have in the industry, it can flourish beyond measure.