Introduction
Introduction
BACHELOR OF BUSINESS
ADMINISTRATION
To
Guru Gobind Singh Indraprastha University, Delhi
is done by me. The matter embodied in this Report has not been submitted earlier
for the award of any degree or diploma to the best of my knowledge and belief.
Date:
ACKNOWLEDGMENT
Sonal Pahwa” for their able guidance and support in completing my Project.
I would also like to extend my gratitude to the Head of Department “Dr. Sundram
Priyanshu
Mishra
Bhagwan Parshuram Institute of Technology
A Unit of Bhartiya Brahmin Charitable Trust (Regd.)
(Approved by AICTE, Ministry of HRD, Govt. of India)
(Affiliated to Guru Gobind Singh Indraprastha University, Delhi for B.Tech
and Management Courses)
PSP Area No. 4, Sector 17 (Opp. Sector 11, Rohini, Delhi 110089)
Tel: 011-27571080, 27572900, Fax: 011-27574642
Email: [email protected], Website: www.bpitindia.com
CERTIFICATE
This is to certify that the project entitled“A study on consumer
preference in Apparel industry in India”submitted by Priyanshu
Mishra EnrollNo.01535201723 has been done under my guidance
and supervision in partial fulfillment of the requirement for the
award of Bachelor of Business Administration.
The work and analysis mentioned in this Project Report have been
undertaken by the candidate himself and references have been
recognized and acknowledged in the text of the report.
Project Guide
LIST OF CONTENTS
1. Title Page i
2. Declaration ii
3. Acknowledgement iii
4. Certificate v
CONTENTS
5. List of Tables vi
7. Chapter-1 Introduction 1
11. References/Bibliography 66
LIST OF TABLES
2. 2.1 (Gender) 53
3. 3.1 (Occupation) 54
4. 4.1 (Frequency) 55
2. 2.1 (Gender) 53
3. 3.1 (Occupation) 54
4. 4.1 (Frequency) 55
The apparel industry is a dynamic sector that encompasses the design, manufacturing,
distribution, and retailing of clothing and accessories. It is one of the oldest industries in the
world, dating back centuries, and has undergone significant transformations over time. In recent
decades, globalization, technological advancements, changing consumer preferences, and
sustainability concerns have shaped the apparel industry landscape. Among the key players in
this industry, India holds a prominent position, with its rich textile heritage, diverse culture, and
rapidly growing economy contributing to its significance in the global apparel market.
Historical Evolution:
The history of the apparel industry can be traced back to ancient civilizations, where clothing
was primarily handmade using locally sourced materials such as wool, cotton, silk, and linen.
With the advent of industrialization in the 18th and 19th centuries, the manufacturing process
was revolutionized, leading to the mass production of clothing in factories. This era witnessed
the rise of textile mills and garment factories in Europe and later in North America.
India's textile industry has a long and illustrious history, dating back thousands of years. The
country has been renowned for its fine textiles and intricate craftsmanship since ancient times,
with techniques such as weaving, dyeing, and printing being passed down through generations.
Indian textiles were highly sought after in international trade, attracting merchants from around
the world.
Modern Era:
In the late 20th century, the apparel industry underwent significant globalization, with production
increasingly shifting to developing countries with lower labor costs. This trend, known as
outsourcing or offshoring, led to the emergence of major manufacturing hubs in Asia,
particularly in countries like China, Bangladesh, Vietnam, and India.
India, with its abundant supply of raw materials, skilled labor force, and centuries-old textile
traditions, emerged as a key player in the global apparel market. The country's textile and
garment industry became a major contributor to its economy, generating employment for
millions of people, especially in rural areas where textile production is a traditional livelihood.
Fashion Trends and Seasonality: The apparel industry is highly influenced by ever-changing
fashion trends and seasonal variations. Designers and retailers must constantly innovate and
adapt to consumer preferences to stay relevant in the market.
Sustainability and Ethical Practices: With growing awareness of environmental and social
issues, sustainability and ethical practices have become increasingly important in the apparel
industry. Consumers are demanding transparency and accountability from brands regarding their
supply chain practices, labor conditions, and environmental impact.
Key factors contributing to India's significance in the global apparel market include:
Textile Heritage: India has a rich textile heritage that spans thousands of years, with traditional
weaving, dyeing, and printing techniques being preserved and passed down through generations.
This cultural heritage not only adds value to Indian textiles but also distinguishes them in the
global market.
Skilled Workforce: India boasts a large pool of skilled artisans, craftsmen, and textile workers
who possess expertise in various aspects of garment production, including weaving, embroidery,
and garment construction. This skilled workforce is a valuable asset for the country's apparel
industry, enabling it to produce high-quality and intricately crafted textiles and garments.
Diverse Raw Materials: India is home to a diverse range of raw materials used in textile
production, including cotton, silk, wool, jute, and synthetic fibers. This abundance of raw
materials provides Indian manufacturers with a competitive advantage in terms of sourcing and
enables them to produce a wide variety of textiles and garments to cater to diverse consumer
preferences.
Cost Competitiveness: While labor costs have been rising in recent years, India remains a
cost-competitive manufacturing destination compared to developed countries. This cost
advantage, coupled with the country's skilled workforce and efficient production processes,
makes India an attractive destination for apparel brands seeking to optimize their supply chain
and manufacturing operations.
Government Initiatives: The Indian government has implemented various initiatives and
policies to support the growth of the textile and garment industry, including incentives for
investment, infrastructure development, skill development programs, and trade facilitation
measures. These initiatives have helped bolster India's position as a leading textile and apparel
manufacturing hub.
Address : Head Office: C-40, 2nd Floor, Okhla Industrial Area, Phase -2, New Delhi 110020
Fabindia originated in India and has its roots deeply embedded in the country's cultural heritage
and artisanal traditions. While the company has expanded its operations internationally, with
retail outlets in several countries, including the United States, Singapore, and the United Arab
Emirates, its primary identity and operations are centered in India.
The majority of Fabindia's sourcing, manufacturing, and community engagement initiatives are
based in India. The company's core values, business ethos, and product offerings are deeply
influenced by India's rich cultural diversity and artisanal heritage. Additionally, Fabindia's
headquarters are located in India, further solidifying its national identity.
Therefore, despite having a multinational presence, Fabindia's primary identity and operational
base remain rooted in India, making it a national company.
Fabindia registered office : Plot No.10, Local Shopping Complex, Sector B, Pocket-7, Vasant
Kunj, New Delhi – 110070.
Geographical areas of operation : Fabindia operates primarily in India but also has a presence
in several other countries. While the majority of its operations, including sourcing,
manufacturing, and retail, are concentrated in India, the company has expanded its footprint
internationally. Some of the geographical areas where Fabindia operates include:
India : Fabindia's primary market and where the majority of its operations are based. It has
numerous retail outlets across major cities and towns in India.
United States : Fabindia has retail stores in select cities in the United States, catering to the
Indian diaspora and consumers interested in Indian textiles and crafts.
Singapore: Fabindia has a presence in Singapore, offering its range of traditional Indian
garments, textiles, and home furnishings to consumers in the region.
United Arab Emirates (UAE): Fabindia operates retail stores in the UAE, particularly in cities
like Dubai and Abu Dhabi, serving customers in the Middle East.
While Fabindia's operations outside India are not as extensive as its presence within the country,
it has strategically expanded into select international markets to cater to the demand for
Indian-inspired products and to reach a broader audience interested in sustainable and ethically
sourced goods.
Ethical Sourcing and Fair Trade Practices: Fabindia apparel brand prioritizes ethical sourcing
and fair trade practices. It partners directly with artisan communities, weavers, and craftspeople
across India, ensuring fair wages, safe working conditions, and sustainable livelihoods. By
fostering direct relationships with artisans, Fabindia promotes transparency, accountability, and
empowerment within its supply chain.
Diverse Product Range: Fabindia offers a diverse range of apparel for men, women, and
children, catering to various tastes, occasions, and preferences. Its clothing collections
encompass a wide array of styles, including ethnic wear, fusion wear, casual wear, and formal
wear. From traditional Indian attire like saris, salwar kameez, and kurtas to contemporary
Western-inspired outfits, Fabindia provides customers with a versatile selection of clothing
options.
Accessible Luxury: Fabindia apparel brand combines luxury with accessibility, offering
high-quality, artisanal clothing at affordable price points. It democratises fashion by making
traditional craftsmanship and heritage-inspired designs accessible to a wide range of consumers,
both in India and internationally.
Overall, the nature of the Fabindia apparel brand embodies a harmonious blend of tradition,
sustainability, craftsmanship, and accessibility. It celebrates India's cultural legacy while
embracing modern values of ethical fashion and social responsibility. Fabindia's clothing
collections not only reflect timeless elegance and authenticity but also contribute to positive
social and environmental impact within the global fashion industry.
Trading: In addition to production, Fabindia apparel brand also operates as a trading company.
The brand sources a portion of its apparel products from artisans, weavers, and craft clusters
across India. These products are then sold to customers through Fabindia's retail outlets, online
platforms, and other retail channels. As a trading company, Fabindia facilitates the exchange
between producers and consumers, ensuring fair wages and working conditions for artisans while
providing customers with access to ethically sourced, high-quality apparel products.
Retail: Fabindia apparel brand's primary focus is on retailing its products to customers. The
brand operates a network of brick-and-mortar stores, online platforms, and other retail channels
where customers can purchase its apparel collections. Fabindia's retail operations involve
showcasing and marketing its apparel products, providing customer service, and facilitating sales
transactions. The brand's retail outlets offer personalized shopping experiences, where customers
can learn about the craftsmanship behind each product and explore a wide range of traditional
Indian garments.
Overall, the business type of Fabindia apparel brand can be described as a combination of
production, trading, and retail, with a strong commitment to ethical sourcing, sustainable
practices, and celebrating India's cultural heritage through its apparel collections.
Mission :
Celebrate Indian Culture: We make clothes that show off the beautiful and diverse culture of
India. We use traditional methods and designs that have been passed down for generations.
Use Sustainable Materials: We care about the environment, so we use materials that are natural,
organic, and don't harm the planet. We want to leave the Earth a better place for future
generations.
Support Artisans: We work closely with artisans and craftsmen from different parts of India.
We pay them fair wages and help them improve their skills. By buying our clothes, you're
supporting these talented people and their families.
Provide Quality and Authenticity: Our clothes are not just stylish, but also of high quality. We
want you to feel proud wearing our clothes, knowing they're made with care and reflect India's
rich heritage.
Enhance Customer Experience: We want you to enjoy shopping with us! Whether you visit our
stores or shop online, we aim to provide a friendly and enjoyable experience. We're here to help
you find the perfect outfit and learn more about Indian textiles and craftsmanship.
1.Women's Apparel:
● Sarees: Traditional Indian garments made from various fabrics like silk, cotton, and chiffon,
adorned with intricate designs and embellishments.
● Kurtas/Kurtis: Ethnic tops or tunics available in a variety of fabrics, styles, and lengths,
often featuring traditional Indian prints and embroidery.
● Salwar Kameez Sets: Traditional Indian outfits comprising a tunic (kameez), bottoms
(salwar or churidar), and a dupatta, offered in a range of designs and colors.
● Tops and Blouses: Contemporary tops inspired by Indian aesthetics, ranging from casual to
formal wear and featuring traditional motifs and detailing.
● Dresses: Fusion wear combining Indian and Western elements, available in different
silhouettes, lengths, and designs.
● Bottoms: Ethnic bottoms such as leggings, palazzos, and skirts designed to complement
Fabindia's tops and kurtas.
● Dupattas: Traditional Indian scarves or shawls worn with ethnic outfits, crafted from
various fabrics and adorned with embroidery or prints.
2. Men's Apparel:
● Kurtas : Fabindia's collection of kurtas for men includes a wide range of styles, from classic
straight-cut kurtas to more contemporary designs. These kurtas are crafted from fabrics like
cotton, linen, silk, and khadi, featuring traditional Indian motifs, embroidery, and detailing.
They are suitable for both casual and festive occasions.
● Shirts : Fabindia offers a selection of shirts for men in various styles, including casual shirts,
formal shirts, and kurta-shirts. These shirts are made from breathable fabrics like cotton and
linen, often featuring hand-block prints, checks, stripes, and solid colors. They are versatile
pieces that can be paired with trousers, jeans, or ethnic bottoms.
● Bottoms : Fabindia offers a variety of bottoms for men, including trousers, chinos, and dhoti
pants. These bottoms are designed for comfort and style, crafted from fabrics like cotton,
linen, and khadi. They come in a range of colors and fits, allowing men to create different
looks for various occasions.
● Jackets and Nehru Vests : Fabindia's collection of jackets for men includes both traditional
and contemporary styles. These jackets are crafted from fabrics like cotton, linen, and
denim, featuring embroidery, patchwork, and hand-block prints inspired by Indian
craftsmanship. They are versatile layering pieces suitable for both casual and semi-formal
wear.
● T-shirts : Fabindia's range of men's t-shirts includes both casual and semi-formal options.
These t-shirts are made from soft and comfortable fabrics like cotton and cotton blends,
featuring graphic prints, slogans, and traditional Indian motifs. They are suitable for
everyday wear and can be styled with jeans, shorts, or ethnic bottoms.
1. Board of Directors: At the highest level is the Board of Directors, responsible for setting
overall company strategy and providing governance oversight. They may include individuals
with expertise in business, finance, retail, and other relevant fields.
2. Chief Executive Officer (CEO): The CEO leads the entire organization, overseeing all
divisions including the apparel segment. They are responsible for implementing the board's
directives, setting strategic goals, and ensuring the overall success of the apparel business.
3. Apparel Division Head: This executive is responsible for overseeing all aspects of the
apparel division, including product development, merchandising, sales, and operations. They
report directly to the CEO and work closely with other senior executives to align apparel
strategies with overall company objectives.
4. Merchandising and Design Department: This department is responsible for product
selection, development, and sourcing. It includes roles such as Merchandising Managers,
Designers, and Sourcing Specialists who work together to curate Fabindia's apparel
collections, ensuring they align with brand aesthetics and customer preferences.
6. Marketing and Sales: This department is responsible for promoting Fabindia's apparel
products and driving sales through various channels. It includes roles such as Marketing
Managers, Digital Marketers, and Sales Executives who develop marketing campaigns,
manage retail outlets, and engage with customers to enhance brand visibility and loyalty.
7. Retail Operations: This department oversees the management of Fabindia's retail stores
where apparel products are sold. It includes roles such as Store Managers, Sales Associates,
and Visual Merchandisers who ensure a seamless shopping experience for customers and
drive sales through effective store operations.
8. Finance and Administration: This department handles financial planning, budgeting, and
administrative functions related to the apparel division. It includes roles such as Finance
Managers, Accountants, and Administrative Assistants who manage financial transactions,
payroll, and other administrative tasks.
In terms of market share, Fabindia competes with major ethnic wear brands like Manyavar, Biba,
and W for Woman. Although specific market share percentages are not disclosed, Fabindia
remains a significant player due to its strong brand heritage and wide product range.
Board of Directors
Executive Directors :-
● Managing Director
Non-Executive Director :-
Independent Director :-
Address : 4th Floor, Agastya Corporate Park, Sunder Bung Lane, LBS Road,, Kurla West,
Mumbai 400070, India.
Contact Numbers :
It operates extensively across India with a wide network of stores, but it does not have a
significant presence or operations outside of the country. As part of Aditya Birla Fashion and
Retail Limited (ABFRL), Pantaloons caters primarily to the Indian market, making it a
prominent national retail brand.
Registered Office : 701-704, 7th Floor, Skyline Icon Business Park, 86-92, Off
Andheri-Kurla Road, Marol Village, Andheri East, Mumbai - 400059, Maharashtra, India.
Pantaloons Fashion and Retail Limited primarily operates within India. It has a widespread
network of retail stores located in various cities and towns across the country, catering to diverse
consumer needs. Their stores are present in major metropolitan areas like Mumbai, Delhi,
Bangalore, Kolkata, and Chennai, as well as in smaller cities and regional markets. Pantaloons
focuses on providing a wide range of apparel and accessories to the Indian market, making it a
prominent national brand in the retail fashion sector.
Pantaloons is a prominent retail brand operating under the Aditya Birla Fashion and Retail
Limited umbrella. With a focus on fashion and lifestyle, Pantaloons caters to diverse consumer
segments through its wide range of apparel, accessories, and lifestyle products. As part of its
nature, Pantaloons prioritizes innovation, staying abreast of fashion trends, and offering quality
products at competitive prices. The organization is known for its vibrant store ambience and
responsibility, incorporating ethical business practices into its operations. Its nature as a retail
maintaining strong partnerships with suppliers and stakeholders. Through these efforts,
Pantaloons continues to solidify its position as a trusted and dynamic player in the fashion retail
industry.
Pantaloons operates primarily in the retail industry, specifically in the fashion and apparel sector.
lifestyle products to its customers. While it does not engage directly in manufacturing or
production, it sources products from various suppliers and brands to sell through its retail outlets.
Pantaloons' business model revolves around the sale of goods to consumers through its
brick-and-mortar stores as well as its online platform. The company's operations involve aspects
of merchandising, marketing, sales, and customer service within the retail industry. With a strong
presence in the Indian market, Pantaloons competes in the retail sector by providing fashionable
and affordable products while emphasizing customer satisfaction and brand loyalty.
experience that inspires confidence and empowers customers to express their individuality
through style”.
Their mission is to provide trendy, quality fashion products at affordable prices, catering to
diverse customer needs and preferences. They aim to create an inclusive and welcoming
environment in their stores, where customers feel valued and empowered to explore their
personal style. Pantaloons is committed to innovation and staying ahead of fashion trends, while
also embracing sustainability and ethical business practices throughout their operations. They
strive to build strong relationships with customers, suppliers, and stakeholders, fostering trust
and loyalty in the Pantaloons brand. Overall, their mission is to be a trusted fashion destination
1. Casual Wear: Pantaloons provides a diverse selection of casual clothing such as t-shirts,
2. Formal Wear: They offer formal attire including shirts, trousers, blazers, suits, skirts,
3. Ethnic Wear: Pantaloons showcases a range of traditional Indian attire like sarees,
salwar suits, kurtas, kurtis, and sherwanis, catering to cultural festivities and special
occasions.
4. Activewear: For fitness enthusiasts and active individuals, Pantaloons offers a range of
activewear including sports bras, leggings, joggers, sweatshirts, and workout tops.
for both men and women, including underwear, bras, camisoles, pajamas, and
6. Seasonal Collections: They also introduce seasonal collections featuring apparel tailored
to specific weather conditions, such as winter coats, summer dresses, rain jackets, and
more.
7. Plus Size Apparel: Pantaloons often includes a range of apparel options in plus sizes,
1. Board of Directors: At the top of the hierarchy is the Board of Directors, responsible for
setting strategic direction, overseeing corporate governance, and ensuring the company's
long-term success. The board comprises individuals with diverse expertise and
leadership team, which includes top-level executives such as the Chief Executive Officer
(CEO), Chief Operating Officer (COO), Chief Financial Officer (CFO), Chief Marketing
Officer (CMO), and other C-suite executives. These leaders are responsible for
and divisions exist to manage specific functions and areas of operation. This may include
apparel collections, ensuring alignment with brand identity and market trends.
compliance.
workforce.
organized regionally, with regional managers overseeing multiple stores within a specific
geographic area. At the store level, store managers are responsible for day-to-day
management.
various support functions such as IT, supply chain and logistics, legal, and corporate
ABFRL(Aditya Birla Fashion and Retail Ltd,) the parent company of Pantaloons Fashion and
Retail ltd. employs over 25,000 people across all its brands and operations, indicating that
Its parent company ABFRL reported a 53% increase in revenue year-on-year, amounting to
₹12,418 crore for the fiscal year ending in March 2023. This growth reflects Pantaloons'
significant market share and its role as a key player in the Indian fashion retail sector.
The brand is positioned in the mass market segment, catering to a diverse customer base with its
versatile collection that includes casual wear, ethnic wear, workwear, and party wear. Pantaloons'
strategic focus on offering fashionable yet affordable clothing has helped it maintain a
competitive edge in the fast fashion segment of the apparel industry.
Board of Directors
Address : 16/1, 2nd Floor, Above Gold Finch Hotel, 5th Block, Industrial Layout,
Koramangala, Bangalore, Karnataka - 560095, India.
Snitch Apparels Pvt. Ltd. is primarily a national company based in India. Founded in Bangalore,
it focuses on catering to the Indian market with its men's fashion apparel. Although it has gained
significant attention within the country and established a strong online presence, there is no
indication that it operates on a multinational level or has international branches as of now.
Registered office : No. 5/1, 4th Floor, Surana Arcade, 4th Cross, Lalbagh Road, K.S Garden,
Bangalore, Karnataka, India, 560027
Geographical areas of operation of Snitch Apparels Pvt. Ltd. :
Snitch Apparels Private Limited primarily operates in India, with a significant focus on both
online and offline retail channels. The company sells men's fashion and accessories through
its e-commerce platform, catering to customers nationwide. Snitch has also been expanding
its offline presence, especially targeting Tier II and Tier III cities across India. This strategic
move aims to tap into the growing demand for fashion in smaller urban areas. In the fiscal
year 2023-2024, Snitch plans to open 78 new offline stores, significantly increasing its
geographical footprint.
The company's operations are not limited to metropolitan cities but are designed to reach a
broader audience across various regions. By establishing physical stores in smaller cities,
Snitch ensures that it can offer a seamless shopping experience to a diverse customer base,
bridging the gap between urban and rural markets. This omnichannel strategy allows Snitch
to effectively serve customers with varied preferences, enhancing its market presence
throughout India.
Snitch Apparels Private Limited is a fast-fashion men's apparel brand based in Bangalore, India.
Founded in 2018, the company operates as a manufacturer and seller of men's clothing and
accessories. Snitch distinguishes itself through an omnichannel retail strategy, combining both
online and offline sales platforms to reach a diverse customer base.
The company is also noted for its innovative approaches, such as leveraging artificial intelligence
to enhance customer experience and reduce returns.
Snitch Apparels is a production and retail company within the fast-fashion industry, utilizing an
omnichannel approach to reach its customers.
3. Trading: Snitch Apparels engages in the trading of its fashion products, facilitating the
distribution and sale of its manufactured goods to consumers.
Snitch Apparels Pvt. Ltd. “aims to revolutionize the men's fashion industry by offering
cutting-edge, trend-driven clothing that appeals to the fashion-forward modern man”. Their
vision includes becoming a leading name in men's fashion both in India and internationally,
providing styles that are not only current but also sustainable and mindful of everyday wear.
1. Innovative Fashion: To create innovative and trend-setting fashion that resonates with a
global audience.
4. Expansion: To expand both online and offline, making Snitch's products accessible to a wider
audience.
1. Shirts: Both formal and casual shirts are available in various designs, such as checks,
solids, and printed patterns.
2. T-Shirts: A wide variety of T-shirts, including polos, graphic tees, and basic styles,
suitable for everyday wear.
3. Jeans and Trousers: Different fits and styles of jeans and trousers, including straight,
skinny, and relaxed fits.
4. Over Shirts and Jackets: Lightweight overshirts and stylish jackets for layering.
5. Cargos and Chinos: Comfortable and trendy cargo pants and chinos in multiple
colors.
6. Shorts: Casual and sporty shorts for relaxed and athletic activities.
7. Co-ords and Pyjamas: Coordinated sets and comfortable pajamas for loungewear.
Snitch, a prominent menswear brand, has seen significant growth in the apparel industry.
Founded in 2019, Snitch has rapidly expanded its market presence, reaching a revenue of ₹120
crore in the fiscal year 2022-2023. The brand aims to double this figure to ₹250 crore in
2023-2024, indicating its aggressive growth strategy and increasing market share.
Snitch has positioned itself as a key player in the fast fashion segment of the menswear market.
Its business strategy, focused on quickly adapting to fashion trends and leveraging digital
platforms, has contributed to its rapid revenue growth and large customer base. The brand's
popularity is further evidenced by over 1.5 million app downloads and more than one million
orders in the past year.
This impressive performance places Snitch among the fast-growing brands in the Indian apparel
market, emphasizing its potential to become a significant competitor against more established
players. With a strong focus on digital engagement and fast fashion, Snitch continues to
strengthen its position in the industry.
Boards of Directors
9. Priya Patel "Export To evaluate the export Indian apparel manufacturers have
Potential and potential, market significant export potential in
(2017) Global Market opportunities, and markets such as the United States,
Opportunities challenges for Indian Europe, and Southeast Asia, driven
for Indian apparel manufacturers in by competitive pricing, quality
Apparel key global markets. craftsmanship, and diverse product
Manufacturers offerings catering to international
" tastes and preferences. To
capitalize on global market
opportunities, companies need to
focus on product innovation,
quality assurance, and building
strong distribution networks in
target markets, while also
complying with international trade
regulations and standards.
10. Neha Verma "Supply Chain To evaluate supply chain Effective supply chain management
Optimization optimization strategies is crucial for enhancing operational
(2016) Strategies for and their impact on efficiency and reducing costs in the
Enhanced operational efficiency and Indian apparel industry. By
Efficiency in cost reduction in the optimizing processes such as
the Indian Indian apparel sector. inventory management, production
Apparel planning, and logistics, companies
Industry" can minimize lead times, improve
product quality, and respond
swiftly to changing market
demands. Supply chain
optimization enables apparel
companies to gain a competitive
edge in the dynamic and fast-paced
industry landscape.
11. Rajesh "Impact of To analyze the short-term The COVID-19 pandemic has had
Kumar COVID-19 and long-term effects of a profound impact on the Indian
Pandemic on the COVID-19 pandemic apparel sector, disrupting supply
(2016) the Indian on consumer behavior, chains, reducing consumer
Apparel supply chain operations, spending, and shifting purchasing
Sector" and market dynamics in behavior towards online channels.
the Indian apparel Apparel companies have faced
industry challenges such as inventory
management, demand forecasting,
and workforce disruptions,
highlighting the importance of
agility, resilience, and digital
transformation in navigating the
crisis and building future resilience
against unforeseen disruptions.
12. Karthik "Role of To investigate the role of Technology adoption is
Reddy Technology technology adoption in transforming the Indian apparel
Adoption in driving innovation, sector, enabling companies to
(2015) Driving productivity, and innovate and stay competitive in
Innovation and competitiveness in India's the global market. Technologies
Competitivene apparel sector. such as automation, AI, and data
ss in India's analytics are revolutionizing
Apparel various aspects of the apparel value
Sector" chain, from design and production
to distribution and customer
engagement. Embracing
technology-driven solutions
enhances operational efficiency,
improves product quality, and
enables companies to meet the
evolving needs of consumers
effectively.
15. Neha Sharma "Retail To investigate retail Indian apparel brands are
Expansion expansion strategies increasingly adopting an
(2014) Strategies of pursued by Indian apparel omnichannel approach to retail
Indian Apparel brands to increase market expansion, combining offline stores
Brands" penetration, brand with online platforms, franchising,
visibility, and consumer and strategic partnerships to
reach across different enhance brand presence and cater
regions in India. to diverse consumer preferences
nationwide. Retail expansion
strategies focus on improving
accessibility, enhancing customer
experience, and driving sales
through innovative store formats
and personalized services,
contributing to the growth and
success of apparel brands in the
competitive market landscape.
16. Siddharth "Brand To analyze the brand International apparel brands
Jain Positioning positioning strategies entering the Indian market employ
Strategies of adopted by international various brand positioning
(2013) International apparel brands entering strategies, including
Apparel the Indian market and premiumization, localization, and
Brands in the their impact on consumer celebrity endorsements, to
Indian Market" preferences and market differentiate themselves and appeal
dynamics. to diverse consumer segments.
Effective brand positioning enables
companies to build strong brand
equity, gain market share, and
establish a competitive edge in the
highly competitive Indian apparel
market.
19. Priya Sharma "Future To assess future growth Despite challenges such as
Growth prospects, market trends, changing consumer preferences,
(2012) Prospects and and potential challenges intense competition, and global
Challenges for faced by the Indian economic uncertainties, the Indian
Indian Apparel apparel industry, and apparel industry holds promising
Industry" strategies for sustainable growth prospects driven by factors
growth and such as rising disposable incomes,
competitiveness. urbanization, and increasing
fashion consciousness among
consumers. Strategic initiatives
focusing on innovation,
sustainability, and digital
transformation are essential for
overcoming challenges and
capitalizing on growth
opportunities, ensuring the
long-term success and
competitiveness of Indian apparel
companies in the dynamic and
evolving market.
20. Arjun Gupta "Promotional To investigate effective Apparel companies in India employ
Strategies and promotional strategies a mix of traditional and digital
(2012) Consumer used by apparel marketing channels to engage
Engagement in companies to engage consumers and promote their
the Indian consumers and drive sales brands effectively. Strategies such
Apparel in India. as celebrity endorsements, social
Market" media campaigns, and experiential
marketing events help companies
create buzz, build brand awareness,
and stimulate purchase intent
among target audiences. Effective
promotional strategies enhance
consumer engagement, drive sales,
and contribute to the overall
success of apparel brands in the
Indian market.
SWOT ANALYSIS
STRENGTH WEAKNESS
OPPORTUNITY THREAT
● Economic Uncertainties
● Product Innovation
● Regulatory Risks
● Vertical Integration
Strengths:
1. Brand Reputation: Fab India has garnered a robust brand reputation, symbolizing
authenticity, quality, and a deep-rooted connection to traditional Indian craftsmanship. This
reputation instills trust and confidence in consumers, making Fab India a preferred choice
for those seeking culturally rich and high-quality apparel options. The brand's heritage and
legacy contribute to its appeal, attracting customers who value tradition, authenticity, and
cultural pride in their clothing choices. Fab India's consistent focus on maintaining and
enhancing its brand image reinforces its position as a market leader in the Indian apparel
industry.
2. Diverse Product Range: Fab India boasts a diverse and extensive product range that caters
to a wide spectrum of consumer preferences and occasions. From traditional Indian wear
like sarees, kurta sets, and lehengas to contemporary fusion styles and modern casual
clothing, the brand offers something for everyone. This broad product portfolio enables Fab
India to capture a larger share of the market and cater to the evolving needs and tastes of its
diverse customer base. Whether it's traditional attire for festive occasions or trendy casual
wear for everyday use, Fab India ensures that customers have ample choices to express their
individual style while staying true to their cultural roots.
3. Retail Presence: With a sprawling network of retail outlets spread across India, Fab India
has established a formidable presence in both urban and rural markets. This extensive retail
footprint enhances the brand's accessibility and visibility, making it convenient for
customers to explore and purchase Fab India's products. The strategically located stores
serve as physical touchpoints where customers can experience the brand's ethos firsthand,
fostering deeper connections and brand loyalty. Fab India's retail outlets are not just places
to shop but also cultural hubs that celebrate India's rich heritage and craftsmanship, further
solidifying the brand's position as a cultural icon in the apparel industry.
4. Ethical Practices: Fab India's commitment to ethical sourcing, fair trade, and sustainable
manufacturing practices sets it apart in an industry often marred by exploitation and
environmental concerns. By prioritizing ethical considerations throughout its supply chain,
Fab India ensures that its products are not only of high quality but also socially and
environmentally responsible. This resonates strongly with socially conscious consumers
who prioritize transparency, ethicality, and sustainability in their purchasing decisions. Fab
India's ethical practices not only contribute to the well-being of communities and artisans
involved in the production process but also enhance the brand's reputation as a socially
responsible corporation, thereby attracting and retaining customers who align with its
values.
Weaknesses:
1. Limited Global Reach: Despite its dominance in the Indian market, Fab India's
international presence remains relatively modest, limiting its exposure to global consumer
segments and revenue streams. The brand's lack of penetration in key international markets
represents a missed opportunity to capitalize on the growing demand for ethnic fashion
beyond India's borders. To address this weakness, Fab India needs to develop a robust
international expansion strategy that leverages its brand strengths while adapting to the
unique preferences and competitive dynamics of each target market. By strategically
investing in marketing, distribution channels, and localization efforts, Fab India can unlock
new growth opportunities and establish itself as a global leader in the apparel industry.
3. Supply Chain Challenges: Managing the complexities of the apparel supply chain,
including sourcing raw materials, maintaining quality standards, and ensuring timely
production and delivery, presents inherent challenges and risks for Fab India. The intricate
nature of the supply chain, which often involves multiple stakeholders, geographies, and
production processes, increases the likelihood of disruptions and inefficiencies. These
challenges can result in inventory shortages, quality inconsistencies, and delays in product
availability, ultimately impacting customer satisfaction and brand reputation. To address this
weakness, Fab India needs to implement robust supply chain management practices that
enhance visibility, transparency, and agility across the entire value chain. By leveraging
technology, data analytics, and strategic partnerships, Fab India can streamline its
operations, mitigate risks, and optimize its supply chain for greater efficiency and
responsiveness to market demands.
4. Seasonal Sales Fluctuations: Like many apparel retailers, Fab India is susceptible to
seasonal fluctuations in consumer demand, particularly in categories such as traditional wear
that are heavily influenced by cultural and festive occasions. The cyclical nature of demand
presents challenges in terms of inventory management, sales forecasting, and revenue
stability, as overstocking or understocking can lead to missed sales opportunities or excess
inventory write-offs. To mitigate the impact of seasonal sales fluctuations, Fab India needs
to adopt dynamic merchandising strategies that align inventory levels with anticipated
demand patterns while minimizing the risk of stockouts or markdowns. By leveraging data
analytics, historical sales data, and market insights, Fab India can optimize its product
assortment, pricing strategies, and promotional activities to capitalize on seasonal peaks and
mitigate the impact of troughs, thereby maximizing profitability and sales performance
throughout the year.
Opportunities:
1. E-commerce Expansion: With the rapid growth of e-commerce and digital channels, there
is a significant opportunity for Fab India to expand its online presence and reach a broader
audience of tech-savvy consumers. By investing in robust e-commerce infrastructure,
user-friendly interfaces, and omnichannel capabilities, Fab India can enhance the online
shopping experience, increase customer engagement, and drive sales growth. The
convenience and accessibility of online platforms offer Fab India the opportunity to tap into
new markets, target niche segments, and extend its brand reach beyond geographical
boundaries. Additionally, leveraging data analytics and personalized marketing techniques
can enable Fab India to deliver targeted promotions, recommendations, and content that
resonate with individual customer preferences, driving conversion rates and fostering
long-term customer loyalty in the digital realm.
Threats:
1. Competitive Pressure: Intense competition from both domestic and international apparel
brands poses a threat to Fab India's market share, pricing power, and profitability. The
proliferation of competitors offering similar products, styles, and price points increases the
challenge of standing out and maintaining brand relevance in a crowded marketplace. To
address this threat, Fab India needs to continuously differentiate its offerings, innovate its
product portfolio, and enhance its value proposition through superior quality, design, and
customer experience. By leveraging its unique brand heritage, craftsmanship, and ethical
values, Fab India can carve out a distinct positioning and competitive advantage that
resonates with target consumers and withstands competitive pressures in the long term.
2. Changing Consumer Preferences: Shifts in consumer preferences, lifestyles, and fashion
trends pose a threat to Fab India's traditional apparel segment if not adequately addressed
with relevant product offerings and marketing strategies. The rise of western wear, fast
fashion, and global brands has led to evolving tastes and expectations among Indian
consumers, particularly younger demographics who prioritize style, trendiness, and
self-expression in their clothing choices. To mitigate this threat, Fab India needs to stay
attuned to changing consumer preferences, invest in trend forecasting and market research,
and adapt its product assortment and marketing messaging to resonate with shifting tastes
and preferences. Embracing innovation, flexibility, and agility in product development and
merchandising can help Fab India remain relevant and competitive in a dynamic and
evolving fashion landscape.
4. Regulatory Risks: Compliance with evolving regulatory standards, trade policies, and labor
laws poses risks and challenges for Fab India's operations, supply chain, and business
practices. Changes in import/export regulations, taxation policies, or environmental
regulations can impact manufacturing costs, supply chain logistics, and product pricing for
FabIndia. Additionally, compliance with labor standards, workplace safety regulations, and
ethical sourcing practices requires ongoing monitoring, investment, and due diligence to
ensure adherence and mitigate reputational risks. To address regulatory risks, Fab India
needs to stay abreast of legislative developments, engage with regulatory authorities and
industry associations, and implement robust compliance frameworks and internal controls.
Moreover, fostering transparency, accountability, and ethical conduct throughout its
operations can help FabIndia build trust and credibility with stakeholders, thereby reducing
regulatory exposure and enhancing long-term sustainability and resilience.
CHAPTER - 3
DATA PRESENTATION AND ANALYSIS
Objectives :-
Research Methodology :-
The research methodology for analyzing the Indian apparel industry involves a strategic
approach. The study begins with clearly defined objectives and scope, focusing on market trends,
consumer preferences and competitive dynamics. A thorough literature review examines existing
reports and academic research, providing a foundational understanding. Data collection employs
a mix of primary sources through surveys and interviews and secondary sources like industry
publications. Market segmentation categorizes products, demographics, and distribution
channels. Competitive analysis evaluates key players and strategic positioning. Consumer
behaviour insights, technological trends, and regulatory considerations further enrich the study.
Statistical tools aid data analysis, culminating in a comprehensive report with key insights and
recommendations for stakeholders in the dynamic Indian apparel market. The sample size is 100
Data analysis is in percentage analysis and descriptive statistics.
Type of Data :-
The data which I have chosen for my project is Primary Data. Primary Data refers to the original
collected firsthand data collected by a researcher for a specific purpose or investigation. This
type of data is directly collected from its source and has not been previously collected or
analyzed by anyone else.
Sample Size - The survey which I have conducted for this and the responses I got is 60.
Sample Unit - The sample unit for my project is the consumer of the Indian apparel industry.
1. AGE GROUP
18 - 24 51 85%
25 - 29 5 8.3%
30 - 35 1 1.7%
36 - 40 3 5%
From the above chart 1.1 we can observe that from the total surveyed people, 85% are between
the age group of 18 to 24 years, 8.3% are between the age group of 25 to 29 years, 1.7% are
between the age group of 30 to 35 years, 5% are between the age group of 36 to 40 years.
2. GENDER
Male 42 70%
Female 18 30%
Table 1.2 (gender)
From the above chart 1.2 we can observe that 70% of the total surveyed people are male and
30% of the total surveyed people are female.
3. OCCUPATION
Student 45 75%
Employed 6 10%
Self Employed 5 8.3%
Jobless 4 6.7%
Table 1.3 (occupation)
From the above chart 1.3 we can observe that from the total surveyed people, 75% of the people
are students, 10% of the people are employed, 8.3% of the people are self employed and
6.7% of the people are jobless among the total surveyed people.
4. HOW OFTEN DO YOU PURCHASE APPARELS?
Weekly 10 16.7%
Monthly 12 20%
Quarterly 6 10%
As per requirement 32 53.3%
Table 1.4 (Frequency)
From the above chart 1.4 we can observe that from the total surveyed people, 16.7% of the
people prefer to buy apparels weekly, 20% of the people prefer to buy apparels monthly, 10%
of the people prefer to buy apparels quarterly and 53.3% of the people prefer to buy apparels as
per the requirement.
5. WHICH FACTORS INFLUENCE YOUR APPAREL PURCHASING
DECISIONS ?
Price 23 38.3%
Brand 10 16.7%
Quality 21 35%
Trend 6 10%
Table 1.5 (factor influencing Purchasing decisions)
Online 10 16.7%
In physical stores 25 41.7%
Both equally 25 41.7%
Table 1.6 (mode of shopping)
From the above chart 1.6 we can observe that from the total surveyed people, 16.7% of the
people prefer online mode for shopping of apparels, 41.7% of the people prefer shopping for
apparels in the physical stores(offline mode) and among all the total surveyed people 41.7% of
the people do shopping for apparels in both mode equally.
7. ARE YOU INCLINED TOWARDS DOMESTIC OR INTERNATIONAL
APPAREL INDUSTRY ?
Domestics 19 31.7%
International 13 21.7%
No preference 28 46.7%
Table 1.7 (regional preference)
From the above chart 1.7 we can observe that from the total surveyed people, 31.7% of the
people are inclined towards the domestic apparel industry, 21.7% of the people are inclined
towards the international apparel industry and among all total surveyed people 46.7% of the
people has no preference on the basis of the regional apparel industry.
8. HOW IMPORTANT ARE FASHION TRENDS WHEN YOU PURCHASE
APPARELS ?
Casual 33 55%
Formal 13 21.7%
Ethnic 8 13.3%
Sportswear 5 8.3%
Others 1 1.7%
Table 1.9 (Variety of apparel)
Local 24 40%
Branded 36 60%
Table 1.9 (brand preference)
Quality and Durability: Indian consumers often prioritize the quality and durability of
apparel products. They look for well-made garments that can withstand frequent wear and
washing
Fashion Trends: Indian consumers are increasingly influenced by global fashion trends,
especially among the younger demographic. Fast fashion brands that offer trendy and affordable
clothing often attract a large consumer base.
Brand Reputation and Trust: Established brands with a strong reputation for quality,
reliability, and customer service continue to enjoy consumer trust and loyalty. However, newer
entrants with innovative offerings and competitive pricing are also gaining traction.
Online Shopping: The rise of e-commerce has transformed the apparel retail landscape in
India. Consumers increasingly prefer the convenience and variety offered by online shopping
platforms, driving growth in the online apparel market.
Regional and Cultural Preferences: India is a diverse country with varying regional and
cultural preferences. Apparel brands that understand and cater to the unique tastes and
preferences of different regions and cultural groups can gain a competitive advantage.
SUGGESTIONS :
5. Digital Marketing: In today's digital age, leveraging digital marketing channels such as
social media, influencer marketing, and content marketing can help apparel brands connect
with consumers, build brand awareness, and drive sales. Engaging consumers through
interactive and personalized digital campaigns can create memorable brand experiences and
foster long-term relationships.
6. Sustainability Initiatives: Given the increasing consumer demand for eco-friendly and
ethically produced clothing, apparel companies should prioritize sustainability initiatives
across their value chain. Incorporating sustainable materials, reducing carbon footprint, and
promoting fair labor practices not only align with consumer values but also enhance brand
reputation and competitiveness in the market.
3. Strategic Adaptation: Given the dynamic nature of the apparel industry and external
factors such as economic volatility and regulatory changes, strategic adaptation is essential
for long-term success. Apparel companies should focus on agility, resilience, and strategic
planning to navigate challenges, mitigate risks, and capitalize on emerging opportunities in
the market.
In conclusion, the Indian apparel industry offers significant growth opportunities for companies
that adopt consumer-centric strategies, prioritize innovation and sustainability, and embrace
digital transformation. By leveraging market insights, implementing strategic recommendations,
and fostering collaborative partnerships, apparel companies can position themselves for
sustainable growth and competitiveness in the dynamic and evolving market landscape of India.
REFERENCES AND BIBLIOGRAPHY
ANNEXURE - 1
REFERENCES
Sharma, A. (2022). Emerging Trends and Growth Prospects in the Indian Apparel Industry.
Patel, P. (2019). Consumer Behavior and Market Preferences in the Indian Apparel Industry.
Singh, R. (2018). Market Segmentation Strategies for Sustainable Growth in the Indian Apparel
Industry.
Gupta, A. (2017). Impact of E-commerce Disruption on Traditional Retail Channels in the Indian
Apparel Sector.
Verma, N. (2016). Supply Chain Optimization Strategies for Enhanced Efficiency in the Indian
Apparel Industry.
Sharma, P. (2014). Sustainability Initiatives and Consumer Perceptions in the Indian Apparel
Industry.
Jain, S. (2013). Brand Positioning Strategies of International Apparel Brands in the Indian
Market.
Gupta, A. (2012). Promotional Strategies and Consumer Engagement in the Indian Apparel
Market.
Sharma, N. (2021). Competitive Landscape and Market Share Analysis of the Indian Apparel
Industry.
Singh, R. (2020). Role of Government Policies in Driving Growth and Innovation in India's
Apparel Sector.
Gupta, A. (2019). Emerging Retail Formats and their Impact on Consumer Shopping Behavior in
India's Apparel Market.
Patel, A. (2018). Customer Satisfaction and Loyalty in the Indian Apparel Industry.
Patel, P. (2017). Export Potential and Global Market Opportunities for Indian Apparel
Manufacturers.
Sharma, P. (2012). Future Growth Prospects and Challenges for Indian Apparel Industry.
QUESTIONNAIRE
1. Age Group
● 18-24
● 25-29
● 30-35
● 36-40
2. Gender
● Male
● Female
3. Occupation
● Student
● Employed
● Self Employed
● Jobless