Professional Documents
Culture Documents
A REPORT ON SUSTAINABLE
ENTREPRENEURSHIP
PRESENTED BY
- PRAGATI JOSHI
- SRESHTHA CHAUDHURY
to be a tradition that is on for a long time. Every day of his life he has
process. During that journey, he saw a lot of chemical being used in the
dyeing process and decided that's not he wanted for himself. Starting
freelance company. The first thing that Mr. Gowri Shankar did was
research distinct plants and their uses. During his research period, he
fibre from the stem and pod of the plant. Following which he set up his
first vegan wool processing unit called “Weganool”. This is a one of its
practices.
CHALLENGES AND
OVERCOMING
THEM
In the commencement, Gowri Shankar didn’t have an understanding
of the plant apart from the limited knowledge that they acquired
from the studies which were done by other researchers in the past.
Internet did have a lot of information on the plant already but the
critical thing which was missing was how to process it in a way that
the bi-product into sludge. There is a certain mass that comes out
this biowaste through their production process and that’s how their
killing them and is also a solution to plant viruses. Arka is provided to farmers
at a 70 per cent cheaper subsidised rate so that farmers can obtain it easily.
The team has thought of the project in a holistic way instead of just looking
The founder Gouri Shankar believes that to have a vision and establishment
in itself. However, they are ready to face this journey every day by providing
the right education to farmers, consumers and other sustainable startups. The
This is particularly difficult in an age like this where companies aren’t ready
As far as raising funds, collaborating with others and potential investors go,
Shankar would rather fly solo until he gets the right fit. According to him,
such investments usually come with riders but for them, it is about how they
companies so that the big companies can’t take advantage of them. Sharing
that at best, Faborg will opt for crowdfunding, Shankar mentions that his
priority isn’t just about looking for someone to help them but placing more
faith in the farmers to support the project. With the calotropis plant available
in plenty, Shankar sees no reason why this model shouldn’t pick up the pace,
for farmers who own drylands as Calitropis is a wasteland shrub that could
Tamil Nadu, most of the lands are sown only once a year, during the rainy
season which is the only time when they have a water supply. To make use
of their lands when there is no rain, Calitropis can be sown by the farmers
multi-crop along with other crops, then the farmers will have work
throughout the twelve months and not just during the rainy season. Farmers
can plough the lands again and plant them with other crops. Multi
farmers earn for just three months but if they multi-crop it with Calitropis
then they would work and earn for 12 months which increases farmers
work and improving the rural economy. The startup aims to curb the
sustaining.
It is also working towards saving water, using existing resources to their fullest
27,000 litres of clean drinking water compared to 100% cotton yarn. Thus, it is
team’s stellar efforts are gaining traction among the fashion community, with
Faborg winning the PETA India Vegan Fashion Award 2020 for Weganool.
PRICING
Though the fabric has not yet entered major distribution markets, Weganool was
presented at the 9th Future Fabrics Expo held in London in January 2020, where
Victoria, a German luxury but ethical kidswear brand, for their Fall/Winter
collection of 2021.
The items are retailing online at prices ranging from 150 Euros to 575 Euros. A
metre-long Cashmere shawl will cost 20,000 INR, whereas the Weganool
equivalent can come for 1,500 INR. This got other fashion brands and wool
reach out to Faborg. In India, a nominal cost of 100 INR per swatch plus
about what they are doing and want to achieve. They need to step
FIGURE 1.
LEARNINGS/ TAKEAWAYS
All chemicals are not bad they are essential for the balance of a healthy
chemicals in the form of minerals going in and anything coming out should
be suitable for farming purposes. H2O2, which is used for bleaching, can
perspective.
limited information about the working of the industry, textiles in this case. So
they put their trust in brands that they think are responsible enough and
People working in the industry already know that some certifications do not
really guarantee or mean anything anymore, and the time is not far when
the end customers also become aware of this and start looking for such
their promises. Customers must always try to question and find out
STRENGTHS
Faborg addressed the unfair conditions in which sheep are
The calotropis fibre is also more versatile than the ones from
Also, the Calotropis plant does not take much from the land
(water) but gives it back by improving the soil and yield of the
plants.
found that once the fibre was obtained, the remaining plant
industry.