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Siddharth Bindra explains this saying that with the sudden expansion that can be observed in India鈥檚 e-commerce market, most women prefer to shop online since it saves them time and all the hassle of travelling in traffic and braving crowds in shopping malls. Also, through e-commerce, women get to compare, view and choose from a large variety of competitors, designs and styles. Discounts, easy buying, friendly payment structures and return policies have been the chief drivers for this growth in the online women鈥檚 wear segment. OPEN URL :u158.cc
Shankar Chowdhury says, “Organised Activewear is expected to be at Rs. 8,000 crore by 2020, this category is the next growing segment in apparel, with a large number of Indian consumers getting aware and conscious about fitness and wellness. It is expected to grow at a CAGR of 18 percent.” OPEN URL :u158.cc
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鈥淎s far as women鈥檚 ethnic wear category is concerned, it has the potential for further growth. With the spotlight back on embracing our beautiful heritage crafts and designs, the ethnic wear segment will certainly move in the right direction,鈥?concludes Anita Dongre. OPEN URL :u158.cc
Grasim Industries, part of Aditya Birla Group, Wednesday said it will fully acquire textile firm Soktas India for an enterprise value of Rs 165 crore.Soktas India Private Limited (SIPL) has presence in the premium fabrics segment under the brand name of SOKTA, Giza House and Excellence by SOKTA OPEN URL :u158.cc
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