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India’s first fashion forecasting initiative ‘VisioNxt’portal, launched

Utkarsh Classes Last Updated 06-09-2024
India’s first fashion forecasting initiative ‘VisioNxt’portal, launched Portal 4 min read

The  Union Ministry of Textiles has launched the VisioNxt web portal to establish India as a global fashion leader. The web portal will use information technology to provide India-specific real-time trend insights for the Indian fashion industry. This service is expected to benefit India's textile and apparel industry greatly. It will help establish India as a leader in the global fashion sector and reduce its dependence on foreign fashion forecasting agencies.

Who launched the ‘VisioNxt web portal?

The VisioNxt web portal was launched by the Union Minister of Textiles, Giriraj Singh, at a function in New Delhi on 5 September 2024. 

Giriraj Singh also launched the India-specific Fashion Trend Book ‘Paridhi 24x25’.

Pabitra Margherita, Minister of State for Textiles and External Affairs, and Mrs.Rachna Shah, the Textiles Secretary, also attended the function.  

Who has developed the ‘VisioNxt web portal?

The VisioNxt web portal has been developed by the National Institute of Fashion Technology (NIFT) under the Union Ministry of Textiles.

 In 2018, with the support of the Union Ministry of Textile, the NIFT Delhi (Creative Lab) and the NIFT Chennai (Insights Lab) launched the VisioNxt—a Trend Insights and Forecasting Initiative.

The VisioNxt is now located in the NIFT Chennai campus.

About VisioNxt

The VisioNxt combines Artificial Intelligence and Emotional Intelligence to generate fashion trends using traditional Indian culture as a base.

 It uses a unique prediction model known as "DeepVision" to decode patterns and interpret fashion trends in India.

It focuses on delivering trend insights and forecasting to the Indian fashion and retail market, providing various trend-related consultancy services, offering academic courses, and conducting workshops. 

The VisioNxt is expected to reduce India’s dependence on foreign fashion forecasting agencies and promote indigenous fashion and design globally.

About ‘Paridhi 24x25’

The Paridhi 24x25 report will be available on the VisioNxt portal in English and Hindi.

The Paridhi 24x25 report will provide the fashion trend and forecast for the fashion industry under VisioNxt to the country's weavers, manufacturers, retailers, domestic businesses, designers, and fashion brands.

National Institute of Fashion Technology 

The National Institute of Technology is a premier institute in the field of fashion, providing training to fashion designers in the country.

It was established in 1986 and made a statutory body by the National Institute of Fashion Technology Act of 2006.

Its main campus is in New Delhi, and it has campuses across the country

It is under the administrative control of the Ministry of Textile, Government of India.

 

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