Apparel Online India Magazine May 2nd Issue 2018 | Page 31

H2F gained popularity with prints. India is capitalising on the handwork of the artisans into most things for added value,” says Sarita Handa, Owner whose label translate the art of Indian needlework into global style inspiration for their customers and pioneers in hand embroidered linen and textile. The company boasts its signature embroidery and textile as innovation has led it from being an export house to a luxury retail brand. It also sells to major retailers around the world like Pottery Barn, Macys, Ethan Allen and Bloomingdales to name a few. On the positive side, value-added innovative products are always in demand; and according to most of the manufacturers, the profit for buyers’ lies in being ahead of the rest of the market so that the only thing they are looking for is unique products. The innovations that manufacturers are taking into account are fabric, techniques and designs. In fabrics, not only cotton, which has been an age-old offering but also a mix of cashmere-cotton, bamboo cotton, silk with cashmere, linen with cashmere are being offered to the buyers. For cushion category, they look for woven, velvet fabric as well as value additions like the pom pom, frills, trims and more. “The buyers in luxury segment are looking for newness, more Indian techniques, handwork and craft which they cannot find in China,” says Rakshit Poddar, Owner, Cheer Sagar Exports, Jaipur, which has expertise in embroidery and embellished products. He further adds, “The overall market conditions affect us, so we cannot depend on one market. We have different markets so that if one market slows down we have other options to keep the factory running.” No doubt, searching out new markets for luxury products is also helping exporters to grow. “The conditions are not perfect in international market right now and we grew only 7-8% last year, lower than the expected 15%. However, we are growing in different segments in new markets like Australia, Middle East, New Zealand, and South Africa. I am hopeful that in the next 2-3 quarters, there would be a drastic demand from the international market, as retail is picking up,” says SM Dwivedi, CEO, Sara Textiles, Noida. The company is a leading Display at Cheer Sagar Exports exporter of towels and boasts its value-added products in different washes, prints and dyeing. The US and EU markets behave differently; so, while Europe is looking for better designs, cheaper products and exotic fabric, US is more into cleaner look with focus on quality and durability. The different tastes and buying behaviour of these markets also affect the forecast, trends and the overall business due to which the exporters have to rely on their gut feeling to get an upper hand. “When I speak to buyers, there are many situations where I can sense that there could be a slowdown in a product or category, and innovation to entice them to place an order which is the only answer to these things,” says Aman Dhingra, Vice President of Gurgaon-based Orient Craft that has 80% of total home furnishing exports in the high-end segment. He further adds, “For innovation, we are looking at a lot of fabric engineering – blending the fibres, spinning them together so that product is cotton but with an exotic twist to it.” With a growing global trend of eco- friendly furnishing, sustainability is getting more important for international buyers. Nowadays buyers look out for organic, biodegradable material. On the other hand, manufacturers believe that sustainability is not just about the Exports of Cushion Covers from India: Jan.-Dec. ’16 = US $ 1501.14 million Jan.-Dec. ’17 = US $ 1601.26 million % Growth = 6.67% Exports of Carpets/Rugs from India: Jan.-Dec. ’16 = US $ 460.14 million Jan.-Dec. ’17 = US $ 501.76 million % Growth = 9.05% Exports of Quilts (and other articles of beddings) from India: Jan.-Dec. ’16 = US $ 390.83 million Jan.-Dec ‘17 = US $ 411.88 million % Growth = 5.38% fabric but craft as well, in the buyer’s eye. Ravindra Nath, Director, Ocean Home Store, Jaipur, which supplies beddings and cushions to home furnishing giants like, Anthropologies and Ralph Lauren, emphasises on sustainability. “Sustainability is very important for our buyers. They watch the entire supply chain; where and how the product is produced, insist on using of dyes and chemicals that are less harmful to the environment. They are very transparent at every stage of production and very helpful too. They provide us with their own directions and we give them sustainable value- added products,” he says. Many exporters are of the opinion that Government policies and taxation are giving their business a hard time, but those are issues that will only be resolved with ti