Source: TextileReview
There are numerous reasons
Today's consumer is more finicky than ever. They can now pick and choosefrom a wide array of inexpensive products. To compound the problem, consumersare spending less on apparel-choosing to spend their disposable income onhealthcare, electronics, education and travel and leisure. To capture today'selusive consumer, it is more important than ever to innovate! Recentdevelopments in fabric and garment finishing technologies are spicing-upcommodity products.
There are numerous reasons to add value to
This depicts that innovative techniques help to have
Economic system in which textile goods and services areexchanged for one another or money, on the basis of their perceived worth.Every textile business requires some form of investment and a sufficient numberof customers to whom its output can be sold at profit on a consistent basis.
Process by which an idea or invention is translated into agood or service for which people will pay, to be called an "innovation".
Innovation, an idea must be replicable at an economical costand must satisfy a specific need. Innovation involves deliberate application ofinformation, imagination, and initiative in deriving greater or different valuefrom resources, and encompasses all processes by which new ideas are generatedand converted into useful products.
About the Authors
Dr. N. Gokarneshan is Principal at NIFT TEA College of Knitwear Fashion,Tirupur and K. Naresh Kumar is with Department of Garment Production andChemical Processing at NIFT TEA College of Knitwear Fashion, Tirupur.
Originallyrepublished in Textile Review: October 2009
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