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Siyaram's organises Textile Mahakumbh to discuss future of retailbiz

Business Finance

Press Trust of India  |  Mumbai 

Siyaram's on Wednesday said it will organise Textile Mahakumbh to bring together over 25,000 retailers across the country on a single platform to discuss the current challenges, and how to prepare to meet the post COVID-19 demand.

The event, slated for May 23, aims to bring together retailers from the textile industry to discuss the best practices to do the business and will focus on shaping the future of retail business in the country, Siyaram Silk Mills President and Executive Director Gaurav Poddar said while addressing media through webinar.

We are expecting things to come back to normal by October and going forward this platform will help retailers to conduct their business seamlessly. Considering the current scenario and the immense challenges faced by the textile industry due to the outbreak of Covid-19 pandemic, the whole chain from manufacturers to the retailers across India have suffered huge losses with activities coming to a standstill,"Poddar added.

Textile Mahakumbh will create a platform where experienced retailers will share their knowledge to increase sales, profits, manage inventory and also help them make optimal use of digitalisation.

Siyaram's produces over 80 million meters of fabrics annually with diverse range of fabrics, with brands like Siyaram's, J Hampstead, Cadini, Oxemberg and Mozzo, among others.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 20 2020. 19:32 IST