"We are one of the very few emerging economies in the world that has a current account deficit. That is because nobody wants to start an industry in India," says Dilip Kapur, Founder, Hidesign.
Dilip Kapur, founder-president of Hidesign, an international brand, started designing leather bags as a hobby. Today, his business is worth over Rs 100 crore.
For a brand that is still heavily reliant on traditional brick-and-mortar channels, airports are its new malls, drawing in young travelling professionals and encouraging impulse purchases.
Hidesign, the Pondicherry based leather goods company, on Thursday said it would invest $10 million to set up 100 exclusive showrooms worldwide in the next three years.
'I wondered what mistakes I made in my life to be a businessman. Deep down, I still have doubts about it.' Shobha Warrier meets the amazing Dilip Kapur who built a Rs 160 crore business with just Rs 25,000.