Texvalley management anticipates vibrant patronage of seller-buyer community for its Sunday Market set to get functional in its integrated complex for wholesale trade at Gangapuram from August 23.
Shops in retail business section basically created for the weekly Monday Market section will be opened up on Sunday. Buyers visiting the weekly market in the city usually arrive a day earlier. The idea behind the Sunday Market is to attract buyers as well as sellers a day earlier. The incentive for sellers is that they could book shops by paying just Rs. 1,000 as registration fee. Depending on size, the daily rent for a retail shop varies from Rs. 150 to Rs. 200.
The opportunity could be utilised well by the upcoming generation of existing traders in the traditional weekly markets to complement family business as well as aspiring entrepreneurs in textile sector that is on a growth path. The coming together of the new generation of entrepreneurs is vital for infusing further vibrancy into the industry, D.P. Kumar, Director - Marketing, Texvalley, said.
Advantages
There is no dearth of storage space, and Texvalley has other advantages as well including free transport facility for sellers and buyers from the railway station and bus stand, presence of branches of Nationalised banks, facilities for stay, and an arrangement with railways for transport of luggages straight to the shops.
The management of Texvalley is certain about attracting at least 1,000 sellers to start off. Once the sellers establish their presence, they would gradually realise the suitability of environment for value addition and collective progress through segment-wise focus, Mr. Kumar said.
Rise in per capita spending, and emphasis on fashion particularly in cotton-based products are factors that provide the platform for innovation for the upcoming generation in families engaged in textile business, Mr. Kumar said.
