MAM
FEF India Fashion Awards paves for a sustainable future
Mumbai: The world of fashion, which is often associated with glamour and extravagance, is transforming sustainability. As the founder of the FEF India Fashion Awards ( FEF IFA), I’ve witnessed an evolution in the fashion industry and a growing commitment towards environmental and social responsibility. Through the Awards, we not only celebrate the creativity and innovation of the fashion industry but also bring attention to the critical issue of sustainability.
One of the primary ways the fashion industry promotes sustainability is by implementing eco-friendly practices throughout the entire manufacturing process. Fashion brands are increasingly turning to sustainable sources for raw materials, manufacturing, and distribution. This includes using organic or recycled fabrics, reducing waste through efficient manufacturing techniques, and implementing environmentally friendly packaging options.
Another critical component of sustainability in the fashion industry is ensuring ethical labour practices throughout the supply chain. We wish to draw attention and acknowledge the contributions of all stakeholders, including artisans and workers who are the hidden force behind the scenes. Fashion brands can improve the lives of workers and communities by advocating for fair wages, safe working conditions, and respect for human rights.
The fashion industry relies heavily on innovation to drive sustainability forward. From pioneering new materials to developing cutting-edge technologies, fashion brands are constantly looking for new ways to reduce their environmental impact.
Sustainability-focused events and initiatives play an important role in raising awareness about the fashion industry’s environmental and social challenges. Panel discussions, conclave sessions, and awards ceremonies can help industry leaders and influencers educate their peers and the general public about the value of sustainability and the need for collective action.
Finally, collaboration and partnerships are essential for driving sustainability in the fashion industry. Fashion brands can increase their impact and implement holistic solutions by collaborating with stakeholders throughout the supply chain, including manufacturers, retailers, non-governmental organisations, and government agencies. Awards like this help to be a platform for fostering these collaborations and ensuring the industry’s long-term sustainability.
The fashion industry is undergoing a paradigm shift toward sustainability, and it is important to drive this change. The fashion industry can create a more sustainable and inclusive future for everyone by embracing sustainable practices, promoting ethical labour standards, encouraging innovation, raising awareness, and fostering collaboration.
Through such initiatives, we not only celebrate the creativity and talent of the fashion industry but also promote the values of sustainability and social responsibility. Together, we can transform fashion into a force for good, paving the way for a more sustainable and equitable future.
This article has been written by FEF India Fashion Awards, Fashion Entrepreneur Fund & Talent Factory founder Sanjay Nigam,
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
