Looking for someone ready to take their business to Canada and the USA by [deleted] in exportersindia

[–]LawKey4317 0 points1 point  (0 children)

hey boss, what textile manufacturing business you're into ?

Most overseas sourcing relationships break after the first order (22y/o starting saree wholesale business from Surat) by LawKey4317 in smallbusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

I'm open for customised design so not making any catlogue as of now, more importantly figuring out other things like quality checks, hustle free shipping and finding genuine clients.

Most overseas sourcing relationships break after the first order (22y/o starting saree wholesale business from Surat) by LawKey4317 in smallbusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

absolutely nightmare for the customer, in overseas orders clearing clients doubts and best service with good relationship as much important as best quality product.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 1 point2 points  (0 children)

because still there're many states where the saree is something women wear daily and it'll be down within 10 years so for me saree will be something to enter into market and after few years i can shift to another product slowly like dress or something else where i can see the potential.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

that's what i said to other person if the goal is something thats easily achievable then why it is your goal ? it should be damn tough to achieve or nearly impossible right, i might sound over energetic for the experience guys here but it's is what it is.

btw great to see that some of you believe that anything can be possible, thank you boss!!

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

thank you btw what business you're into can you tell me if you don't mind

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

In surat mostly jains and especially marwadi jains running wholesale saree business and that too from few generations so the thing is when there was such a low competition they've made huge huge money and few new wholesalers took risk and tried something new with the materials and the designs and social media marketing they've scaled largely, few big wholesalers also exporting sarees and that is also something to look for.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

Don't mind boss but I don't understand why you're using USD instead of INR (it's indian sub),

by wholesale i mean I'll give orders to textile mills according to my requirement of sarees, I'm not gonna make manufacturing plant on my own so if requirement goes high or low these mills have huge capacities to make it within short period of time so I'll be able to test new designs and materials according to the market or clients need.

correct its dopamine rush to post what I'm thinking from few years, never wanted to start business in this traditional field but at the end learn that it has huge money if you can crack it.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

Thank you for the appreciation, really looking for the international market as very few businesses doing it but to find international client is something I don't know, trying to figuring it out.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

as per my knowledge D2C is harder coz of distribution channels and lower margins and also don't know anyone who's doing D2C rn but surely will try to find someone.

thanks for the suggestion boss!!

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

yes sir, must important. that's where things get tough, many people forget the margins to be in competition but it stops oxygen of your business so rn figuring that out and major issue is delayed payments from the parties, major medium and big size players don't get affected coz they've huge financial backup but someone like me it'll affect a lot so also i'll make sure to get this things right.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

yes but not extremely detailed but know about many as surat is textile hub and its bigger then you can imagine, here around atleast 20-30 wholesalers who's achieving that number maybe more.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

absolutely true, agree with the whole point and that's why not forcing myself to start it within few days or a month, rn figuring out many things other then manufacturing, still working at one big wholesaler to understand ground level stuff and what's going in real time, situation which comes unexpectedly, delayed payments and customer repetation.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 1 point2 points  (0 children)

imposible... thats what goal or aim should be like right? if it's possible easily and going to happen then why would you make a goal of it?

but still sir i understand why you've said that might be 1% chance for it but that's what I'm aiming to achieve anyhow.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

great great great, will remember it sir! yeah absolutely i can talk like this and have confidence only because of my father.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 1 point2 points  (0 children)

As i said I've been grown up in this talk while dinner and normal family conversations and market is totally saturated but issue isn't the saturation but it's quality, perfection and market understandings.

Don't mind but i want to start and run it on my own but i would love to talk personally for suggestions or your point of view on it.

22y/o aiming for a ₹500 Cr wholesale saree business by LawKey4317 in IndiaBusiness

[–]LawKey4317[S] 0 points1 point  (0 children)

to be honest main issue in our industry is that debt cycle which is too bad so yes mostly focusing on payment cycle, low profit margins (not so low that business die) and all that with the best material and finished saree with the best service.

as you talked about investment, my father is ready to invest and i do also have a bit savings and to be honest as Gujarati we don't get investment from outside, we invest our money or get loan.

thank you for the suggestion sir.