In Conversation with… Lalit Aggarwal, Owner, Woven and Knit.
No. of employees in your company?
Textile Trading and Manufacturing Company.
What would you like to advise young business leaders?
Before starting your business always know what you are going into. Having proper knowledge of your industry, target market and customer preference is a must. Other aspects of business are also important like financials etc but if you know all the positives and negatives of your work, no one stops you from becoming successful in your industry.
What are your views on starting your own business?
There has always been a huge gap in the sampling industry. Customers had to wait for long hours and then go through various tests to check the quality of the textile. This process was highly time-consuming and costly. Keeping this in mind, I opened my company where Our platform connects Garment Exporters, Textile Mills, and Fabric Stores to showcase their products to other Domestic and International buyers and makes this process convenient.
Where could you see your company in 5 years?
I want my company to be among the top 10 in the textile trading business.
Let us know about your journey and your initial hurdles.
This industry has a lot of corruption. People create payment problems which ultimately cause financial issues and disability of running the business profitably. In my journey, I have overcome many such issues but still trying to overcome a few.