Vikas Gupta, a young entrepreneur, was born in Jaipur in the year 1987. After his initial schooling, he went on to pursue a Master in Business Administration (MBA) from the reputed Birla Institute of Management Studies. Owing to an entrepreneurial bent of mind, Vikas learnt the nitty-gritty of ground-level management from his father. After the initial handholding, he forayed into the family business of rugs and carpets. Vikas focused his energy on carpet exports and successfully entered into hitherto untapped and newer markets for Indian rug products.
India knows the carpet weaving as a traditional and well-established industry. Exquisite Indian carpets reflect timeless amalgamation of nature, culture and art while being part of luxurious lifestyles in modern times. These magnificent masterpieces created by over 3 million Indian carpet weavers and craftsmen continue to grab eyeballs by the consumers around the globe. This industry contributes significantly in the employment and income segment as well as foreign exchange earnings. Since the inception, this sector has industry has been rural based, thus, it also leads to notable regional growth. The sector is therefore prepping up for major upgradations to elevate its export performance.
Carpet weaving is not a newly emerged profession as the tradition of pile the carpet weaving dates as far back as the 16th century, when Mughals established the art of carpet weaving in the town of Akbarabad, now Agra. Carpet weaving continued expanding and surviving in India under the patronage of the Indian nobility. The contribution of carpet industry to employment and income generation is well-recognised. It remarkably caters to the employment in rural and semi-urban areas, while contributing substantially to the societal objectives like poverty alleviation with the help of employment generation. Indian carpet industry is primarily an export-oriented industry. Indian carpets are exported globally to around 200 countries. USA, Germany, UK, UAE, Italy, Australia, Turkey, France, Canada, Belgium, Brazil, Japan, Netherland, Saudi Arab and Sweden are considered to the extensive carpet exporting destinations.
Carpet industry in India is the finest example of how a domestic industry practiced at home can be transformed to a full-grown mechanised industry. The sector is growing exponentially from the safer confines of the home where the carpet was weaved to the market catering global audience with its online and offline presence. Strategic business models are being widely used in the textiles world these days to analyse the problems and prospects of any business situation. Since the COVID crisis has hit the market badly, more brands are now gearing up to mark their presence on digital mediums through virtual fairs and online business. The digital presence is expected to enhance brand’s ability to generate traffic and sales for the business. Virtual fairs and online shopping platforms will boost the ability to reach people through the website, through which the brands will witness significant amount of increase in the number of customers. The online visibility will not only foster the business but also help the entire carpet industry to emerge as an organized sector while increasing brand’s credibility and visibility in the larger target audience.
Adoption of omni channel retail will continue to have a profound impact on every element of the supply chain. The strong presence on mobile search engines like Google Mobile will strengthen the brand while helping them with digital systems. Mobile e-mail is seen the most used extension of telecommunication functionality and search functions are the primary driver of Internet commerce, so it can be a lucrative adaptation. Brands and retailers need will enable transactions and deliver confirmations via the mobile web or phones. Various brands have understood that it is the right time to get strategic about cross-channel targeting and marketing. Also, the paramount use of analytics to mine business intelligence and understand customers will be critical.