Mihika Agarwal, a student of Dhirubhai Ambani International School, has tied up along with a centre of disabled in Mumbai for making handcrafted carry bags from denim waste for her startup Denimblu.
13-aged Mihika Agarwal chanced on a movie to of the textile squander that adjusted her outlook to sustainability and inspired her to start up.
Researching on the topic, Mihika, a student of Dhirubhai Ambani International school in Mumbai, observed that thirteen million tonnes of textiles, that’s 85 percent of textiles manufactured, goes into landfills each year. And under a single percent of the fabric utilized for clothing output is recycled. The 2020 circular fashion report done by primary trend brands like Vogue and Lablaco introduced for the fore these alarming quantities.
Talking about these figures in her Young Entrepreneurship Academy (YEA!) class, Mihika brainstormed along with her peers and mentors to get started with her own company, Denimblu. It’s a startup that aims to lower textile waste by reusing denim generated in factories to produce modern merchandise such as baggage, holders, and aprons.
With regular assistance and help from her teachers and mentors at YEA! plus the visitor speakers and judges at its investor panel, Mihika tied up using a vocational training centre for the disabled in Mumbai, whose inhabitants handcrafted the luggage from unused denim. Denimblu provides the design, and Mihika is satisfied to support underprivileged communities though running a business.
“I invested Rs 16,000 — Rs 1200 for that denim purchased from Elan Exports and the rest for tailoring improvements,” she states.
The merchandise sell provide concerning Rs 400 and Rs 800, with ordinary earnings of Rs 600.
The existing market dimensions in the bags and equipment section is estimated at around $4 billion, and that has a expansion of 9.95 per cent, it truly is approximated to reach $6 billion by 2025. The global circular trend market features a $5 trillion possibility, which can be $2 trillion in excess of the typical fashion industry.
Till now, Denimblu has received many orders but had to delay the procedure for some time because of the mounting COVID circumstances and the lockdown period. Mihika hopes to resume functions and start providing orders in the subsequent few months.
Mihika had heard of the YEA! programme from few of her friends and quickly turned fascinated. She says she had constalways dreamed to set up her own business enterprise but could never have the confidence or perhaps the determination to start one.
Mihika’s ideas for Denimblu, other than production of handcrafted bags, can even increase awareness about dependable fashion by social media marketing and extend the marketplace for sustainable products.