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Aaj Ki Baat with Rajat Sharma
Hello and welcome to Aaj Ki Baat With Rajat Sharma, the only news show with real facts and no noise.
In today's episode:Exclusive: How is India preparing to tackle the threat of Omicron variant of CoronavirusExclusive: How Modi kept his word as Parliament repealed 3 farm laws on Day 1 of the winter session Exclusive: Rajya Sabha suspended 12 opposition members for their misbehavior in August
India's Number One and the most followed Super Prime Time News Show ‘Aaj Ki Baat – Rajat Sharma Ke Saath was launched just before the 2014 General Elections. Since its inception, the show is redefining India’s super-prime time and is numerically far ahead of its contemporaries. Aaj Ki Baat is aired Monday to Friday, 9 PM.
I’d like to say, India scores quite well when it comes to fashion industry. India’s design talent is growing as per international standards and people from outside are always looking at our country for either fabric, design or inspiration. However, India doesn’t have advantage of product as we lose to other competing countries when it comes to production. This is mainly because we do not have the support from labour laws. Efficiency is low of our labour force as compared to the competing countries like China, Vietnam or Bangladesh which is an inheriting disadvantage.
We also need to direct our CSR investment into R&D projects with leading universities to adopt and innovate sustainable technological initiatives. With greater public and industry initiatives, the government will come up with legislations to offer a level playing field as well as incentivise sustainable production.8. RAGHUL SIKKA, EXECUTIVE DIRECTOR, DIXCY
This is definitely a space that will grow in the near future, it is exciting for us to be a part of the momentum and witness a paradigm shift in the buying behavior of the Indian consumer. The key element here will remain innovation and technology will have a major role to play in offering a comprehensive shopping experience.
Fashion is no more limited to dressing up. It has, over the years become an extended version of one’s personality, an expression of oneself. The industry as a whole, over the last decade, has seen a revolutionary change and is making its mark on the world stage. The growing inclination of Indian consumers towards fast-fashion is allowing brands and retailers to sell their products all-year-round whilst creating employment opportunities. Fashion has become affordable, clothes available at reasonable prices.
“Driving engagement with content marketing and influencer led marketing are on the cards for us, as we feel that differentiated and authentic fashion imagery featuring real women and relatable experiences are more impactful than leading with products and fashion trends,” she says.
Strong supply chain management, flexibility to changes, and quick adaptations to tech are some of the few skill sets the industry will focus upon. Along with risk taking and bringing newness in visual communications shall generate a lot of opportunities in the near future.
The Indian fashion retail market, which is the second largest contributor in the retail industry after food and grocery, has been witness to major disruptions in the past one decade. The entry of international brands, a large and young consuming population in the country, deeper penetration of the Internet, mass media and the social media, changes in this population’s preferences from non-branded to branded apparel, and a fast growing economy leading to increased disposable income has converted India into a highly lucrative market.
Indian fashion industry has expanded to such an extent over time that it has now come at par with the international fashion industry and has become one of the most popular revenue generating industries of India. The blend of contemporary, vintage and Indo-western has become tremendously popular in last couple of years.
Consumer surveys about fashion and sustainability are misleading, because consumers answer to meet social desirability; they want to appear green even if they mainly care about price, status and look. Fashion is an emotional decision, not a rational one. Where aspects of sustainability and look are weighted consciously against each other, ethical aspects usually come last. An astonishing number of people are not interested in taking ethics into consideration when making fashion purchases.