Apparel Online India Magazine April 2nd Issue 2018 | Page 49

PERSPECTIVE STORY
Team Superfine Knitters: Vivek Lakra with his father Ajit Lakra and mother Gita Lakra
Some of the young
entrepreneurs of
Ludhiana, from
companies like
Subhash Polytex, K Jain
Processors, Kapoor
Cotsyn Exports, Kudu
Group and Superfine
Knitters have joined
Integrated Association
of Micro, Small &
Medium Enterprises of
India (IamSMEofIndia),
Faridabad a reputed
organization. These
entrepreneurs have
spread their wings in
Ludhiana also. This
initiative will help the
industry to explore on
how they can make
use of the Government
schemes and sub sidies
collectively using a single
platform. It has already
conducted regular
meetings, and the results
so far have been good.
Two members of this
initiative got registered
for lean training. Some
of these companies have
also got themselves
registered with the
Government for the
Deen Dayal Upadhyaya
Grameen Kaushalya
Yojana (DDU-GKY)
scheme to train their
employees.
They are taking up this business
in a very dynamic way, and not as
their predecessors were doing. Lot
of big changes have taken place and
technology upgraded. It seems as if
Ludhiana, which was stagnant in the
last 10 years, is all set to achieve new
heights,” says Vivek Lakra, Director
of Superfine Knitters. Vivek joined
his father’s business in 2003 and faced
losses for 7 years. The best thing is he
has a very good understanding with his
father. “My father had complete faith
in me when I joined the business. Even
when I incurred some losses, he never
lost belief in me. He advised me; we
sat together and had a brainstorming
session to changeover. My father has
always been fabric manufacturing
guy. And I started from garmenting,
so we both had different lines under
the same company name. We never
had big clashes. We went in losses
due to buyers getting ‘bankrupt’ and
giving ‘unprotected’ credit. But now the
situation has changed,” shared Vivek.
Every member of this fraternity
of young generation have their
own struggles and solutions, like
NG Apparels, a company led by
father-son duo – Nimesh Guptaa and
Arrpiit Guptaa. Arrpiit feels that being
a next-gen person and the face of the
company, it is still a challenge for him
to handle and manage the workforce.
To tackle this challenge, the company
is developing various changes and
hiring right persons who will follow
these to help the company grow. “We
are looking to hire local workforce and
train them instead of depending on
labourers coming from far-flung areas,”
said Arrpiit who is into family business
for almost 7 years.
www.apparelresources.com | APRIL 16-30, 2018 | Apparel Online India
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