Regarding the Total Retail Solutions Model of the company, the CEO explains, “This was a collaborative model where Sabare Team and Retalier's team worked together on product, forecasting, pricing and distribution strategy. This futuristic model was the base of success for all the retailers across world. Sabare's triumph came because of this and we have come a long way on this.”
Further he smiles and says that this solution was well received by retail giants like Wal-Mart, Target and JC Penny.
Expressing his views regarding setting up production base in America and China, the Sabare Chief states that this has helped the company in a big way to position as one stop shop and solution provider. However, it was a very tough experience. Sabare had to face a lot of challenges as the domain of working as well as locations were altogether different, but now everything has been resolved.
About company's future goals Susindran discloses that the aim is to make Sabare International truly world class multinational billion dollar company with health bottom line.
Susindran also states that the infrastructure is the basic difference between Indian textile retailers and their foreign counterparts. It is far better compared to India. However, there is a great scope for improvement. He also divulges that Indian textile industry is seeing an upward trend and has good potentials.
Till now Sabare has achieved Rs150 crore of annual sales and is expecting to touch 500 crore in the coming days.
Fibre2fashion News Desk - India
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