The men's wear market is 35 per cent of the apparel market and is valued at Rs 46,500 crore.
It is growing at a CAGR of 11 per cent and is expected to reach Rs 71,900 crore by 2012.
In terms of volume, the men's wear market is about 160 crore pieces, which is 27.3 per cent of the total apparel market. It is expected to grow to 190 crore pieces by 2012.
NUGGETS
selections from management journals
Perhaps the best way to accept responsibility and demonstrate empathy for those affected in a crisis is the apology. For the most part, apologies have been extremely effective. In fact, research has found that higher share prices generally follow corporate apologies within one year.
The apology is one way to help shift the focus from what has happened to what should happen next. Apologies can sometimes serve as the second bookend to a crisis, and shorten its longevity and lessen its sting. For this reason, the straightforward CEO apology has become an increasingly common strategy for dealing with a breaking crisis or its immediate aftermath.
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The low bow
By Leslie Gaines-Ross
The Conference Board
Review Magazine
Read this article at www.conference-board.org/publications/atb/current_issue.cfm
This is a critical time for the IT, telecom, media and entertainment industries. They are in a period of great flux as they converge to form a space one can call the "digital ecosystem". In this new space, users evolve from mere consumers to active participants and governments face major policy and regulatory challenges.
Those who live and work in this space must be prepared for a variety of futures. To gain a better understanding of the possible outcomes, along with the key trends and events that might shape them over the coming years, the World Economic Forum and the IT, telecom, media and entertainment communities set out to develop scenarios on the future of the digital ecosystem to 2015.
Convergence between IT, telecoms, media and entertainment: Scenarios to 2015
A World Economic Forum report
Read the report at www.weforum.org
The finance function in the public sector entails everything from helping governments address looming fiscal challenges to meeting new operational demands, such as a heightened focus on outcomes and increased transparency. Unfortunately, only one-third of government leaders believe they actually possess the financial management capabilities needed to address these and other critical challenges. This is just one of the main findings of a global survey conducted by Deloitte Research.
This survey of senior government officials representing more than 200 government organisations from 28 countries around the world makes up one of the largest global data sets on financial transformation in the public sector and provides an unprecedented look at the world of government finance.
Mastering finance in government: Transforming the government enterprise through better financial management
By William Eggers
A Deloitte Research Study
Read the study at www.deloitte.com