MSME SuperPower:

Fabric Forward: Reshaping JaipurFabric

Jayant Maheshwari

Director, JaipurFabric, Jaipur, Rajasthan

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My journey into entrepreneurship started in Jaipur, a city steeped in history and culture. It was 2011 when I decided to step away from my corporate life and lay the foundation for JaipurFabric. Registered under Surmanja Infotech Pvt Ltd, JaipurFabric is a venture that I started to bring the beauty of Jaipur’s traditional craftsmanship and textile to a wider audience. The company focuses on showcasing and marketing Jaipur’s rich textile heritage, including its unique prints and designs, to both the Indian and global markets.

This venture wasn’t just about starting a new business; it was about following a passion and bringing the beauty of Jaipur’s traditional craftsmanship and textile to a wider audience. With a background in software engineering and an MBA, I felt prepared for this new path, but the world of entrepreneurship had many lessons in store for me.

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Facing the Tide: Early Challenges at JaipurFabric

The initial phase of setting up JaipurFabric was an eye-opener to the realities of entrepreneurship. One of our first challenges was understanding the complex dynamics of the home furnishing market. Our flagship category is bedding, where we feature Jaipur quilts and comforters, renowned for their superior quality and traditional designs. We’re passionate about incorporating traditional Jaipur prints and designs across our product line, which includes cushion covers, table linens, curtains, and other home textiles, all embodying the unique and authentic aesthetics of Jaipur’s craftsmanship. We had to delve deep into customer preferences, market trends, and the competitive landscape, which required extensive research and keen business acumen.

Another significant hurdle was establishing a reliable and efficient supply chain. We had to source high-quality materials while ensuring timely delivery and cost-effectiveness. This was crucial in maintaining the quality standards that JaipurFabric was determined to uphold. Balancing the intricacies of supply chain management while keeping our prices competitive was a tough juggling act.

Additionally, we faced the mammoth task of brand positioning and marketing in a crowded and competitive market. Building a brand identity that resonated with our target audience involved trial and error. We experimented with various marketing strategies, learning from each failure and success. From setting the right product mix to strategizing our pricing, each decision was critical in carving a niche for JaipurFabric in the home furnishing industry.

Practical Insights from Walmart Vriddhi Program

Participation in the Walmart Vriddhi program in 2023 was a turning point. Guided by a mentor, we received not just theoretical advice but practical, actionable strategies. The program’s in-depth modules on market trends, digital marketing, and operations management were instrumental in reshaping our approach to business.

Inputs from the Walmart Vriddhi program led to significant changes in our business strategy and operational practices. It was a process of transforming our thoughts into actionable plans, which sometimes took months to implement but ultimately led to substantial improvements in our business model and approach.

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Growth and Aspirations

As we applied the learnings from the training program, we noticed significant improvements in our operations. One of our strategic changes involved introducing new product packages, which led to an increase in our average sales value. This strategic shift, along with other key changes, contributed to substantial growth across our sales channels.

JaipurFabric has achieved 15% consistent year-on-year growth owing to improvements in marketing, production, and accounting practices since implementing the learnings into our business. The team has now adopted a data-driven approach, breaking silos between marketing, inventory, production, and accounting teams to create a more synchronized operation.

As part of our growth strategy, we have launched two brands to diversify our portfolio. Homera, which is a dedicated brand for sale in Australia, and Bed-Sheet.com, a website aimed to be a one-stop destination for bedsheets of all kinds and sizes in India. To meet diverse customer expectations, especially on platforms like Flipkart, we introduced entry-level product lines with lower price points.

We are also innovating in product development. One example is a healing bedsheet with integrated US-patented silver wire technology, designed to offer therapeutic benefits while sleeping. We have also revived and promoted the authentic Jaipuri Rajai, using Gulabpura-sourced surgical grade cotton with thermoplastic qualities, offering temperature-adaptive comfort. We currently export to over 40 countries, and our long-term ambition is to be present in 100 countries.

Buoyed by the growth and success we’ve experienced through the Walmart Vriddhi program, our future is bright with possibilities. We’re committed to further enhancing our customer experience, both offline and online, ensuring that each customer interaction with JaipurFabric is memorable.

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