Peppermint Clothing which was earlier known as Crystal Apparels started with a humble beginning in the year 1985 as a job worker. However, determination and constant persuasion to make a mark in the apparel sector through its high-quality products, wide range, and updated technology helped the company in achieving new benchmarks within a few years. Peppermint manufactures fashionable readymade garments for the girls in the age group of 1 to 15 years and has the capacity of manufacturing up to 1.25 lakh garments per month. Now with an annual turnover of around Rs 100 crores; presence in 1000+ multi-brand outlets (MBOs); 250+ ShopIn-Shop stores, e-commerce websites and exclusive Peppermint Stores the company has come a long way and is still growing. In an exclusive tete-etete with kamlesh katariya, Director, peppermint Clothing p. Ltd we came across an interesting journey of the company that started with just four manual pedal sewing machines. The group has been conferred with “Best Brand – Kids Wear Category” by Shoppers Stop for three years and has also won the APEX award from CMAI in 2018.
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Apparel Exports Need Fresh Lease Of Life… But How???? A Report..
Last few months have been catastrophic for apparel exports industry of India. One after the other the industry was struggling with one or the other challenge. While global competition is one aspect of the challenges within the country at the moment is being regarded as the biggest deterrent to the slow situation of the industry. Burdened with higher tariffs than their competitors, the exporters need more incentives and protection to stay afloat. India’s foreign trade policy pundits need to renegotiate tariffs on apparel exports with the EU and the US to tackle the emergent economic slowdown in the country. The apparel industry is the country’s largest low technology employer after agriculture, with 45 million workers, contributing two percent of GDP and 15 percent of export earnings.
Lectra Offering Solutions For Smart Factories & Fashion
The Conventional fashion supply chain model is too opaque, fragmented and slow to respond to diversified consumer demands, quickly enough to satisfy the customers.
Peppermint Clothing Creating Complete Range In Kidswear
Automation & Productivity Core Focus Areas Eyes Turnover of Rs 300 cr in next few years
Indian Manmade Fibre (MMF) Industry In Jeopardy: Increased Imports And Esclated Cost Affects Industry
Working out tax rates for different goods and services was a huge challenge for India’s Goods and Services Tax (GST) Council. Although the GST has taken under consideration a significant part of the industry - cotton and natural fibers, distortion has been introduced in the GST system, through the ‘inverted’ duty structure on man-made fibers. Man-made fiber and synthetic yarn attract an 18% GST rate as compared to 12% excise duty, while the fabric produced from these fibers is taxed at 5%. This creates a situation where the input is taxed at a much higher rate than the final product.
GTE Celebrating 20 Yrs Of Excellence At 2020 Edition
The Garment Technology Expo (GTE’20), one of the most trusted brands as far as exhibitions related to apparel technology is concerned is geared for its 20 years of establishments and success in the garment industry.
Implications Of GST: A Double Edged Sword
It seems that confusion related to GST will not fizzle out soon as industry players from both the apparel and textile sectors are very often seen raising their concern about GST and the confusion related to it.
Velvet Traditional Yet Influential In Fashion
On the other hand, a few people have differing opinions about velvet. “New government policies have affected the business a lot, demonetisation had already caused a huge loss and GST has simply added to those wounds. 12% GST rate solely on velvet whereas GST on other fabrics is only 5%, has closed doors for export for many like us” said one of the officials from Kedarnath Velvet. He also said that even though Velvet is trending worldwide, exports are suffering due to taxation schemes in India. Also, China is hugely competitive.
Creating Niche In Innerwear Segment-Palash Overseas
Creating Niche In Innerwear Segment-Palash Overseas
Industry Relieved As Government Clarifies Minimum Monthly Wages Not Going To Be Fixed At Rs 18,000.
After a lot of confusion and debate over the increase in minimum wages as per the new labour laws, the Government has finally given some relief to the already struggling garment industry by stating that the minimum monthly wages are not going to be fixed at Rs 18,000/-. Prior to this, The Apparel Export Promotion Council (AEPC) had urged the Indian Government to clear the confusion over minimum wages for the garment sector at the earliest, as a clarification would restore the confidence of foreign buyers.
Luxury Trinkets: The New Fashion Wave
Wallets, Key chains & Leather the new Additions in Retail Chians.
The Heartfulness Practices
These practices complement one another.
Questions On Trainers
The main purpose of learning from a trainer is for them to impart yogic Transmission.
The Cosmic Chaos of India
Just like the cosmos, when you see India for the first time everything seems chaotic and yet every Indian person finds his/ her own order in that hustle which all goes in tandem. Pavan Rajurkar a freelance illustrator based out of Mumbai, capture this Indianness perfectly in his artworks for many different brands and studios. Some of his recent illustrations have been displayed here.
Doctor of Happiness: An Art Essay
SUKRITI VADHERA KOHLI is the founder of Doctor of Happiness, helping young people with depression and other mental conditions through her art and online platform. Here she speaks with VANESSA PATEL about what inspired her to open up this forum, and what a difference art can make to our well-being.
Meet with clients amid the city’s kaleidoscopic sights and sounds.
Discover The Remnants Of Empires And The Seeds Of Independence In Mumbai
Discover the remnants of empires and the seeds of independence in India’s most populous city.
Building A Sporting Nation
Marathons are changing the shape of the nation. We ask the brains behind the Delhi and Mumbai Half Marathons, how exactly.
An Expat Learns the Key to Authentic Indian Cooking
Cooking lessons at home in Mumbai.
The 12 Best Rooftop Bars Around The World
The world looks different when viewed from these stunning rooftop destinations.
The Return Of Wanderlust
A year of stay-at-home lockdowns and some still on, travelling responsibly, albeit for reflection, fun, or just because you want to, has led to a rising trend of revenge tourism