Apparel September 2019 Apparel September 2019 issue | 页面 80

INDUSTRY INSIGHTS DECONSTRUCTING KHADI In light of the high sales figures the khadi industry has been clocking of late, Samir Alam traces its growth patterns over the years. The state of the Indian economy seems to be under debate. While the Government has been promoting the story of a booming India for the last few months, it seems to be at odds with the current reality of the industry. Analysts at leading firms like Goldman Sachs have highlighted the drudgery of the last 18 months as being the longest stretch of slowdown since 2006. The national gross domestic product (GDP) growth has slowed down to 5.8 per cent from January to March, 2019, with minor improvements expected in the next quarter. This impact has been felt across retail sectors and even on consumer expenditure but has somehow left the khadi industry untouched. Despite the challenges of low exports, currency volatility, issues of consumer debt, and corporate loan scandals, the domestic retail industry has been enduring, and in some cases, even flourishing—a case in point is khadi retail, which has been recording highest sales of late. Hence, it is important to understand the position and role 74 I APPAREL I September 2019 khadi plays in our industry and economy, whilst also deciphering how it continues to ride high as the overall economy appears to settle low. THE GENESIS Khadi fabrics are traditionally thought to be hand- spun and handwoven from cotton fibre but can also be found in various new blends, such as with silk. The versatility of the fabric has always been one of its hallmarks and the very reason it has been around for nearly 5,000 years. Khadi has come a long way from its humble origin of being a cloth of the people. What was once a symbol of self-reliance during the Indian struggle for independence has now become a key source of livelihood for millions across the country. Under the vision of Mahatma Gandhi, the fabric underwent resurgence during the Indian independence movement, as a means to adopt a swadeshi way of living. This led to the establishment of the All India Spinners Association in 1925, a body meant to propagate