DHL-CIAe International Fashion & Exports Awards at NCPA
The Indian market is expected to double by 2010 and further double by 2015 on account of buoyant economy, growing purchasing power and increase in retail activity, according to a recent report by a leading management consulting company.
Among the top three challenges critical for growth are retail environment, regulatory clearances and talent. CIAe has partnered with DHL, to address one of the most critical challenges facing development – talent crunch.
CIAe in association with DHL is organizing DHL-CIAe International Fashion & Exports Awards Nite at NCPA in Mumbai where students from 22 Fashion Institutes from all over the country have been invited to participate by presenting their latest collections.
Applications from the leading fashions institutes in India and the following have been short listed to present their ensembles – National Institute of Fashion Technology, Pearl Academy, J.D. Institute of Fashion, B.D. Somani,, Sophiya Inst, Wigan & Leigh among others.
“Today Indian products have a high level of acceptance in the global markets but finding the right talent in all industries, is a big challenge,” says said Mr. Christoph Remund, Chief Operating Officer, DHL Global Forwarding.
“With shifts in global sourcing and the ever-changing dynamics of world trade, the fashion industry needs a proven transportation and logistics network to rapidly respond to market demands” Mr. Remund added.
According to the Textile Ministry’s projections the total production of apparel industry in the year 2011-12 is projected to be Rs. 2,99,300 crores. Rs. 1,53,100 crores (US $ 34.02 billion) is expected from exports with the domestic market expected at Rs. 1,46,200 crores.
