TF News Desk
A decade back the alumni from Textile colleges of Calcutta University, based in north India constituted a forum named “TANTU” announces Fifth annual seminar on “Performance Textiles: Athleisure and Active Sportswear” to be held at India International Center, Max Muller Marg, New Delhi on 16th September 2017.
The performance sports apparel market is expected to generate revenue of $184.6 billion by 2020, growing at a CAGR of 4.3% during 2015-2020. According to research by Morgan Stanley, the athleisure sector has seen a huge increase of 42% over the last seven years and is now worth over $270bn globally – not only that, but athleisure is also predicted to grow another 30% by 2020, especially in Asia and the US. According to The NPD Group, US activewear apparel sales totalled US $ 45.9 billion in 2016, up 11% from last year and far outperforming the traditional apparel sector overall.
According to Euromonitor report, from 2015 to 2016, the Indian sportswear market grew 22%, outpacing the segment’s global increase of 7%. By 2020, it is expected to grow an additional 12% CAGR with sales expected to reach US $ 8 billion. By 2018 Asia Pacific would emerge as the largest sports apparel market. While most of the international brands are already present in India, Indian start-up brands have already made their mark. To discuss on challenges and India’s preparedness in this segment this year’s TANTU seminar on “Performance Textiles” will focus on Athleisure and Active Sportswear.
The TANTU seminar format sans the usual speaker presentation and rather there will be two focussed panel discussion by national and international experts from the field. The keynote address by Ram Sareen will elucidate the dynamic world market and what India should do. The attraction of the seminar will be the high profile panel discussion on “Manufacturing Challenges” and “Markets and Opportunities”, which will present who’s who of Athleisure and Active Sportswear from India and abroad on stage. The confirmed panellists are:
- Anurag Jaichand, Head Technology & Innovation, Woodlands, India
- Bhupinder Singh, Head Creation Centre & Sourcing, Wildcraft, India
- Bijesh Todi, Managing Director, T10 Sports, India
- Deepak Singh, Director, Shiv Naresh Sports, India
- Deepankar Sekhri, Production Process Manager, Decathlon India
- Indu Sharma, Director Production, Activewear, Delta Galil, USA Inc.
- Mohit Singhal, Managing Director, Aurro, India
- Roshan Baid, Managing Director, Alcis, India
- Sanchit Khurana, Founder, Pace Athletica, India
The panel discussions will be moderated by Kingshuk Pandit, Owner, Amking International and Arindam Saha, Associate Director, PricewaterhouseCoopers.
Dr. Prabir Jana, President, TANTU and Seminar Chairman says, “The seminar will be a rare congregation of experts and practitioners of Athleisure and Active Sportswear domain, never seen before. The seminar will be attended by brands, the manufacturers, the technology providers, the fabric and accessories suppliers will join together to discuss the strengths, weaknesses, opportunities and threats in manufacturing and marketing domain. The deliberations of the experts will share and solve the problems and facilitate the newly created yet high growth segment to establish as India’s strength”.