How A Business Model Would Be Like For A Sustainable Textile Manufacturer

How A Business Model Would Be Like For A Sustainable Textile Manufacturer
Author(s):
Monidipa Sarkar, Mathangi V
Keywords:
sustainable, textile manufacturer, lotus fiber, business model canvas, break- even point
Abstract
Green is the new trend in wearing sustainability. Textile being the second most important sector in line with the country’s economy, needs to be swap along its paradigm from conventional manufacturing towards sustainable product manufacturing. Lotus stem fiber is a great option to switch to sustainable textile wearing. Fine filaments extracted from the stem are hand spun into yarns, hand woven to fabric and finally engineered into sustainable garment. This paper highlights the purpose to flip the concept into a real business idea and to check on its feasibility in doing so. The methodology used are the construction of a business model canvas and conducting of break-even analysis. It reveals the feasibility of establishing the business and a sound break-even point conferring the smooth operation of the business.
Article Details
Unique Paper ID: 152619 Publication Volume & Issue: Volume 8, Issue 3 Page(s): 915 - 920
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