We Communicate Your Leadership Thoughts
We Communicate Your Leadership Thoughts
Devadas Chernicherri, Co-Founder & CEO , Asha Devadas, Co-Founder
As the second largest exporter of textiles and clothing in the world, India is emerging as a novel trendsetter of the cosmopolitan fashion industry, owing to the increased diffusion of organized retail, favorable demographics, and surging revenue standards. Fascinated by the vintage textile brands such as Double Bull, Chirag Din, Raymond and intrigued to explore the limits of this dynamic fashion sector, Devadas Chernicherri quit his legal profession to lay the foundation of Expoknits International in 1990 at Tirupur, the knit capital of the world. Owing to his previous exposure to the knowledge and formalities of the textile export industry through his father's predominant business across the manufacturing and exports of textile made-ups and furnishings, Devadas started his entrepreneurial journey along with his wife Asha Devadas.
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10 Best Leaders In Fashion - 2021
The first fashion show being held just 20 years ago, fashion is a comparatively young industry in India. The world wide fashion market in India has given thrust to Indian fashion industry. Today, Indian fashion industry has grown leaps and bounds from pure ethnic bridal wears to designer wears for red carpet. The fashion weeks in Delhi and Mumbai are getting bigger every year. The industry is expected to reach $400 million in few years with a year-on-year growth of 10 percent. With growing disposable income and better lifestyles, the demand for stylish clothes with quality are increasing. Also, there is a growing love for brand names among youth. The demand for imported clothes from India is also spurring in foreign countries. India is a very big exporter of fabrics and accessories. India is the third largest producer of cotton, the second largest producer of silk and the fifth largest producer of man made fibres all over the world.
With the e-Commerce gaining popularity, the passion for fashion has rose enormously along the length and breadth of the country. Unicommerce, e-Commerce focused SaaS (software as a service) platform, increased fashion trends for the period of FY2021 and FY2020 with a sample size of over 70 million orders. Tier-III cities and beyond reported the highest order volume growth of 192 percent, kids wear has been the biggest gainer with over 200 percent order volume growth. The fashion brands adopting D2C have led to higher growth, strengthening their relation with customer. Women wear holds majority of the share in the fashion market with 50 percent share in the FY21. This is 30 percent more volume growth compared to previous year.
Intelligent fashion product or smart fashion is the future of fashion. Smart clothes provide biometric data such as pulse rate, temperature, muscle stretch, heart rhythm and physical movement, and are transmitted via Bluetooth to an app in real time. In this issue of CEO Insights, we brings you a list of '10 Best Leaders In Fashion - 2021'. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board.
Our subscribers play a decisive role in finalization of our annual list of "10 Best Leaders In Fashion - 2021" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
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Devadas Chernicherri, Co-Founder & CEO,Asha Devadas, Co-Founder | Expoknits International | After completing gradution in economics and law education Devadas gained topnotch skills and experience in labor and government formalities and started the fashion retail business |
 |
Karishma Swali,CEO & MD | Chanakya International | A graduate from the National Institute of Fashion technology, she holds a master’s in Business administration from the Narsee Monji Institute of Management studies |
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Neha Lulla ,Founder | Neha Lulla Jewellery | She descovered her love for jewellery making while studying for B.Com later on she gathered all resources and launched neha lulla jewellery in 2009 |
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Nina Lekhi, MD & Chief Design Curator | Baggit | Decorated with the prestigious Business Karmayogini Award for her excellence in the field of women entrepreneurship, Nina is a role model for many aspiring young women entrepreneurs in the apparel and fashion industry |
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Niti Shah , Founder | Diamfluencer | She is a diamond trader with skill in jewellery customisation |
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Rippii Sethi ,Owner | RippiSethi | She is successfu,l motivated and passionate designer |
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Ritika Gupta ,Co-Founder & Director | KALKI fashion | A passion driven fashion enthusiast, aimimg to take on Indian ethnic styles to the global podium |
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Shahabas Shukoor,CEO | Trico Global Trades | Shahabas holds nine years of remarkable expertise in the worldwide clothing sector and is in charge of operations and administration of Trico Global Trades |
 |
Shruti Dhanda, Founder | The Strutt Store | Bestowed with boundless tenacity, risk-taking ability and support, Shruti is a travel aficionado who is seamlessly catering to the ever evolving demands of travellers |
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Suchi Mukherjee ,Founder & CEO | Limeroad | Before establishing LimeRoad, this Cambridge University and London School of Economics educated entreprenuer has played key leadership roles at Skype,Gumtree and eBay |
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