2014-09-04

Flipkart partners NIFT to help students turn entrepreneurs

NIFT has signed a MoU with Flipkart to work together on enhancing the market-oriented learning of the students and expose them to trends from across the globe.

Flipkart partners NIFT to help students turn entrepreneurs
The National Institute of Fashion Technology (NIFT) has partnered with online marketplace Flipkart India Pvt. Ltd to give training to its students in areas like creating private lables and marketing of products, as per a PTI report.
 
 
NIFT on Wednesday signed a memorandum of understanding (MoU) with the e-commerce giant to work together on enhancing the market-oriented learning of the students and expose them to trends from across the globe. 
 
 
"NIFT is involved with grass root level artisans across country, through its Academic Craft Clusters intervention. The missing linkage was students' access to market intelligence, market linkage and opportunities, which this association will provide," Nift director general Prem Kumar Gera said. The MoU with Flipkart will give the students access to other handloom, apparels, leather and accessory clusters. 
 
 
Besides, Flipkart's business model will give them access to a lot of analytical data that will bring alive consumer and business trends, he added. Flipkart's chief people officer Mekin Maheshwari said fashion is an untapped market and today the industry needs capable and motivated people to drive it forward. 
 
 
Consumers are exposed to trends from across the globe and now expect creative as well as unique products. "By giving this exposure to the NIFT students Flipkart will make a difference to the way they build their careers as well as allow them to be more relevant to the industries that they choose to enter," he added. 
 
 
The partnership will enhance opportunities for students to develop their skills according to the career path that they wish to take, which could be to build private labels, become entrepreneurs, work with large fashion and retail brands or explore research and academics, Maheshwari said. 
 
 
The scope of MoU also covers NIFT alumni who have started their own business and are looking for new platforms to market their products. This is part of Flipkart's initiative "Flipkart Kaarigar ke Dwaar".
Related opportunities
  • Tour Packages
    Rajas Travels is one of the chief Tour and Travel..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2022
    Investment size Rs. 5lakh - 10lakh
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater mumbai Maharashtra
  • Departmental/Unisex
    TT group is a vertically integrated textile company in India. It..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Furniture/Home Decor & Furnishing
    We started our Journey in 2022 with a vision to..
    Locations looking for expansion Maharashtra
    Establishment year 2022
    Franchising Launch Date 2023
    Investment size Rs. 30lakh - 50lakh
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Cosmetic Accessories
    MATTLOOK COSMETICS is well known in the field of Color..
    Locations looking for expansion Delhi
    Establishment year 2011
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 65
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads