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Home > Discover Pune > Personalities > Mr. Nishant Kumar
 
 

N Kumar - A man with a mission


Mr. Nishant KumarNishant Kumar is the Group Leader, Textiles for Ikea Corporation in India. The Ikea corporation in India has a 160 strong workforce with 75 working in the textiles division.
Mr Kumar's responsibility is to buy fabric worth a whopping Rs 650/- Crores a year for its stores across the world.

Poonabest spoke to Nishant and got an insight on a variety of issues.

Q. Could you tell us something about your background?

A. I am a resident of Pune since 1981. My father is a Professor of Political Science in the National Defence Academy and my Mother is a Principal of a Central School. Both my Sister and her Husband are Marketing Professionals with MNCs in the city. I have done my MBA from Symbiosis Institute of Business Management, 1995 batch.

Q. Was your first job with Ikea Corporation or did you begin your career in another organisation?

A. My first job was with Bombay Dyeing. It was campus recruitment. I worked there for four years. When I left the company I was the export manager. I was selling the companies textile products all over the world.

Q. What exactly does your job entail?

A. I am the Group Leader for Textiles, involved in the purchase of textiles for all home furnishings. We purchase the textiles and then ship it to Ikeas 252 stores located mainly in Europe and America.

Q. After acquiring a Management Degree, how did you opt for a career in Textiles?

A. I was looking for an interesting career option. I believe that whatever career one chooses, one should strive to reach the top. Basically aim to excel in one's chosen field.

Q. How does Ikea perceive the Indian Market?

A. At this moment, Ikea Worldwide looks at India as its biggest market. But I would like to add that China, Pakistan, Turkey, Portugal and Bangladesh are our biggest competitors. We are looking to making India number one in Ikea's scheme of things.
Ikea has been around in India for 11 years.

Q.  A number of Textile Mills in India have closed down or are in the process of doing so. What in your view is the reason for the dismal state of the Industry?

A. A number of Textile Mills have remained stagnant and have not evolved with the times; one cannot afford to continue using obsolete machinery, it is imperative to replace the existing machinery if one needs to survive and grow. Earlier Indian mills had a problem with regard to the import of machinery. After the opening up of the economy, things have improved, and I feel that things are now on the upswing.

Q. What is the future of the Indian textile industry after the GATT accord comes in?

A. 2004 is the target year when textile quotas are going out. The favourable status accorded to exports is going out. The Indian companies have to be geared towards it, as post 2004 export quotas will be removed. GATT says anti-dumping duties must be removed, the European Union says they must be in place. The Indian textile industry must remember that export benefits would be removed after the treaty.

Q. To digress, what do you like to do in your free time?

A. I swim a lot and like to watch cricket.

Q. Who is your favourite sportsman?

A Sachin Tendulkar is my favourite and what I appreciate about him is his temperament.

Interview by: Rahul Surkund
Photo Courtesy: N Kumar

 
 
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