The YEG of CITI hosted a session on ‘Megatrends Shaping Textile & Apparel Industry’ to educate young entrepreneurs. Rajjnish Aroraa, chairman of the Young Entrepreneurs Group, highlighted the need to understand and respond to major trends impacting the textile and apparel industry during the session opening.
Arvind Singhal, chairman of Technopak Advisors, presented on ‘Megatrends Shaping the Textile & Apparel Industry’, offering insights on trends in textiles and apparel trade, sustainability, technology, consumer behavior, market dynamics, and regulatory changes to attendees.
Singhal, as the keynote speaker, gave a detailed analysis of key trends affecting the textile and apparel industry. He highlighted the drivers of these trends and their impact on businesses. He also discussed strategies for businesses to adapt and grow in response to these trends, specifically focusing on the Indian textile industry and how it may be affected by market demand, competition, supply chain complexities, and government regulations.
The Young Entrepreneurs Group of CITI recently organized an event focused on ‘Megatrends Shaping the Textile & Apparel Industry’. Arvind Singhal, chairman of Technopak Advisors, provided insights into trends such as sustainability, technological advancements, and consumer behavior. The session emphasized the importance of understanding these trends for business growth. Rajjnish Aroraa highlighted the critical importance of adapting to these megatrends in the textile and apparel sector. Singhal’s presentation explored various trends impacting the industry, including sustainability, technology, consumer behavior, market dynamics, and regulatory shifts. He analyzed the core drivers behind these trends and proposed strategies for adaptation and growth, specifically focusing on the Indian textile industry. The session also discussed the influence of digitalization and technology on the sector, covering topics like e-commerce, digital marketing, smart textiles, and Industry 4.0 technologies.
