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FASHION VALUE CHAIN

Due to fast fashion and the culture of fashion influencers, the textile industry has been under fire recently for its detrimental effects on the environment and society, which have only increased. It is well known that the worldwide textile business produces more greenhouse gas emissions than all international travel and shipping put together. After the food and construction industries, it is regarded as one of the most polluting, and its supply chain requires immediate improvement.

However, the industry will need time to make the transition to creating a sustainable ecology. Since the business models have been based on the principle of “take, make, wear, and trash,” an astounding 13 million tonnes of textile waste have been produced worldwide that is either dumped in landfills or is otherwise disposed of.

Over 300 million people are employed by the fashion business globally now along the whole value chain. Over 45 million people in India are employed directly by the sector, and an additional 100 million work in related industries. According to the data, updating the outdated corporate structures would call for a gradual strategy that is good for the environment and for people.

The figures have gradually but steadily raised industry stakeholders’ awareness levels, and they are now coming up with creative solutions that are laying the groundwork for a circular fashion economy that is resilient, restorative, and regenerative in nature.