Gujarat Inject (Kerala) Ltd Management Discussions

Annexure - D

INDUSTRY STRUCTURE AND DEVELOPMENTS

Fashion has been an integral part of human culture and society for centuries. As the world evolves, so does the fashion industry. The importance of the fashion industry in todays world cannot be overstated, as it plays such a crucial role in multiple aspects of our lives, from individual expression to global economic growth.

In this article, we will delve into the significance of the fashion industry and the reasons behind its prominent role in our contemporary society.

Economic Impact

The fashion industry is an economic powerhouse, contributing significantly to the global economy. According to a 2022 report by Statista, the global fashion industry was valued at approximately $1.53 trillion. The industry provides employment opportunities to millions of people worldwide, from designers and artisans to retail workers and logistic experts.

Furthermore, the fashion industry has a strong influence on the global supply chain, as it relies heavily on international trade and the sourcing of raw materials.

Cultural Influence

Fashion has always been an essential medium for cultural expression and identity. It acts as a language that communicates the values, beliefs, and traditions of different societies. The fashion industry helps preserve and promote cultural heritage by incorporating traditional designs, techniques, and materials into modern clothing. As the world becomes increasingly interconnected, the fashion industry serves as a platform for cross-cultural exchange and understanding, fostering tolerance and appreciation for diversity.

Personal Expression and Identity

Fashion is an important tool for personal expression and identity formation. Through clothing and accessories, individuals can communicate their personalities, preferences, and social affiliations. This can boost self-confidence and foster a sense of belonging within communities. Moreover, the fashion industry offers a broad range of styles, allowing individuals to explore their unique tastes and express themselves in various ways.

Opportunities

Going ahead, there could be a positive side for textile business as festival season will start from mid-3rd Quarter till end of March, which majorly includes Diwali, Christmas and Holi. Further from November 2024 to March 2025, marriages will be in quantum so all these festivals and marriages will increase the demand in textile fabrics.

Threats

Future uncertain Factors

Consumers constant changing Taste and Preferences Competition

Internal Control Systems And Their Adequacy

The Company has an efficient system of internal controls for achieving the following business objectives of the Company:

Efficiency of operations

Protection of resources

Accuracy and promptness of financial reporting

Compliance with various laws and regulations

Compliance with the laid down policies and procedures

Human Resource

Equipping the Company with an engaged and productive workforce is essential to our success. We look for commitment, skills and innovative approach in people. In assessing capability, we consider technical skills and knowledge that have been acquired through experience and practice, along with mental processing ability, social process skills and their application. We continue to invest in developing a pipeline of future talent and nurture them. As part of this process, we provide development and training opportunities to our workforce, which motivates and encourages them to grow in their work. Total 3 employees were employed in the Company. The Company has been maintaining cordial and healthy Industrial Relations, which has helped to a great extent in achieving the upper growth.

Cautionary Statement

Statements in this Report, describing the Companys objectives, projections, estimates and expectations may constitute forward looking statements within the meaning of applicable laws and regulations. Forward looking statements are based on certain assumptions and expectations of future events. These statements are subject to certain risks and uncertainties. The Company cannot guarantee that these assumptions and expectations are accurate or will be realized.

The actual results may be different from those expressed or implied since the Companys operations are affected by many external and internal factors, which are beyond the control of the management. Hence the Company assumes no responsibility in respect of forward-looking statements that may be amended or modified in future on the basis of subsequent developments, information or events

By Order of the Board

For Gujarat Inject Kerala Limited

Murli Shivshankaran Nair

Chairman & Managing Director

DIN: 02243039

Date: 8th September 2025

Place: Vadodara