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WHY IXUS-1

Date post: 15-Aug-2015
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Page 1: WHY IXUS-1
Page 2: WHY IXUS-1

Official Name: Republic of India Area: 3,287,782 sq.km. India is the seventh

largest country in the world. Population: 1.3 Billion Capital City: New Delhi Currency: Indian Rupee Sea Ports: Mumbai, kolkata, Chennai,

Cochin, Tutticorin, Mundra International Airports: Delhi, Mumbai,

Kolkatta, Bangalore, Chennai Languages: Hindi is the official language

and English is widely used as link language. In addition, there are 17 major languages and 844 dialects.

Government: Democracy. Economic Profile

GDP: US$4711 billion World GDP Raking: 3rd GDP per Head: US$ 1492 Annual Growth: 6.9% Inflation: 8.1% annulaized

Major Industries: Agriculture, Textiles, IT ,

steel & Real Estate Major Trading Partners: USA, UAE

Germany, UK, France, Singapore

INDIA facts at a glance

Page 3: WHY IXUS-1

Developing India

Page 4: WHY IXUS-1

Why India? • GLOBAL TRADE IS EXPECTED TO BE 25% in 2015. • RESERVES MOUNTING TO USD 170 BILLIONS

• 125 BILLION DOLLARS ARE BEING SPENT ON UPGRADING INFRASTRUCTURE OF ROADS

AND HIGHWAYS: IMPLEMENTATION AS PER PLAN.

• INDIA IS BECOMING A MAJOR SOURCING HUB, FOR DIVERSIFIED RANGE OF TEXTILES AND HARD HOME PRODUCTS .

• ENGLISH SPEAKING POPULATION IS GROWING. INCREASE IN SHARE OF YOUTH POPULATION

• LARGE SUPPLY OF LOW COST LABOR.

• INNOVATIVE DESIGN INPUT AND ADVANCE TECHNIQUES

FOREIGN DIRECT INVESTMENT IS ON THE RISE , WITH THE REFORMS INTRODUCED BY THE INDIAN GOVERNMENT FOR SINGLE AND MUTLIBRAND RETAILERS, THE NUMBER OF INVESTMENT PROPOSALS FORM INTERNATIONAL RETAILERS HAS INCREASED AND DUE TO PRESENCE OF INTERNATIAONAL BRANDS THERE IS A DISTINCT MOVE TO DO ‘PRODUCTION IN INDIA”

.

Page 5: WHY IXUS-1
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IXUS Overview

• Total Personnel : 15 • Merchandising : 8 • Quality : 4 • Accounts and shipping : 2 • Design : 1 ( with 2 free lancers)

Product Category : Home Décor and Home Textiles Major Clients in addition to Partylite USA : Lamplight farms ( Tikki), USA Arthouse UK, Distrihogar (Colombia) Beco home, South America (Textiles) Horgans ,Australia ( Furniture),Décor

Connect, SA ( HOME AND DÉCOR)

Page 7: WHY IXUS-1

Ashish Sharma Team Leader

Merchandising

Shalendra Sharma Merchandise Manager

Soft Home

Merchandiser

Merchandiser

Vishal Agarwal Merchandise Manager ( Production Planning

and control))

Merchandiser

Samir Mukherjee Merchandise Manager Hard goods/ Soft home

Merchandiser

Quality Control &

Compliance

Raju Verma Manager

QA- Home Soft

QA – Home Hard

QA – Home Hard

Product Design &

Development

Harjeet Makhija

Free Lance Designer Textiles

Free Lance Designer Home

Shipping &

Documentation

Bhupendera Singh

Ashish Sharma/ Ahmed Khan

(Key Accounts )

Organization

Page 8: WHY IXUS-1

What we offer in the critical areas of operations

• Vendor Selection • Product Design & Development • Cost • Communication • Production Planning, Management and Quality Control • Better Lead times

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Strengths

a) Experienced Team which understands business.

b) Product and design understanding.

c) Quality Poli y If in dou t don’t ship . d) Relationship with factories.

e) Good vendor base with flexible attitude.

f) Compliant factories working with all major international retailers.

Weaknesses :

a) Growing company

b) IT support ( No Online order tracking tool).

c) Transport and road Infrastructure in India

Opportunities

a.) Growing Indian economy, factories are upgrading technology

b.) Increasing prices in other manufacturing economies.

c.) Better global economy.

d.) Rising appreciation of Indian Workmanship.

e.) Use of e commerce and direct selling.

Page 11: WHY IXUS-1

Changing business scenario & Challenges :

• With the growth of Indian Economy, the labor cost is bound to increase in a medium term

scenario, to minimize its effect the factories are looking at upgrading there capabilities.

• Speed to market : we understand the importance of speeding up the process from design

translation to the production as this is the only way we can be ahead of competition in

present scenario.

• Open to new business models, like direct shipping to customers from factories for

e commerce.

• Working on online order tracking system, to eliminate communication errors and improve

efficiency.

Page 12: WHY IXUS-1

Summary • Compliant and organized factories • Design and Development Support . • Better Lead Times with forecasting support • Opportunities of business consolidation. • Competitive pricing across different materials. • Open to invest in people, process and technology to manage growth. • Consolidation of business across categories

Page 13: WHY IXUS-1

Look Forward to hear from you and eager to start

business relationship with your company.

Thank you !!


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