Textile Trade Will Always Grow and Being A Commission Agent In This Field Is Very Lucrative – Prakash Narsinghani, Textile Commission Agent

Prakash Narsinghani (Textile Commission Agent)

Insights

  1. Textile is a very big industry worldwide. Thus, there is huge scope in this field.
  2. In Gulf countries, Saturday and Sundays are usually working days. So, my off is on Monday.
  3. There are a lot of job opportunities in Gulf countries and you save a lot as no/less tax gets deducted from your income.
  4. Work-life balance is tough, as this is a labor-intensive work.
  5. In order to pursue this profession, a bachelor’s degree in business administration or management studies is recommended.
  6. Since you’re the face of your business, it’s crucial to not lose your temper over trivial things even when your clients are uncooperative or difficult to handle.

Profile Details

Name – Prakash Narsinghani

Profession – Textile Commission Agent

Gender – Male

Age – 62 years

City – Kuwait

Industry – Textile

Where were you born and raised?

I was born and raised in Nashik, India. At a very tender age, I moved to Kuwait where I established a career. Since then, I’ve been working in that country itself. I come to India every few months since my family resides here.

I was born into a joint family. My father was unemployed back then. My mother was the only breadwinner of the house and she used to manage the home as well. She earned her income through numberless sources like stitching, cooking, etc.

Who would you say, had a remarkable influence on you growing up and how?

Growing up, I’d say my mother had a pre-eminent influence on me. She was a resilient, independent woman who fought against all odds in life.

I’d also give credit to the fact that I was very motivated and competitive as a child despite my situation in life.

Please give us a summary of your career.

My career officially commenced when I started working for a company that made Saris. Following this, I worked with a garments wholesale business.

Next, I worked with a commission agent. Through this job, I got in touch with some Japanese people and consequently started working with them as a commission agent in the textile/ manufacturing industry.

I work in Kuwait for Kaneyo Company Limited, which was earlier called Kanematsu Corporation.

This company has 126 branches in the world and I’ve been working with them for the past 40 years.

Which institutes, according to you, are the best for pursuing this career?

In order to pursue this profession, you can secure a bachelor’s degree in business administration or management studies. This strengthens your foundation. You can pursue one of these degrees from ‘Narsee Monjee Institute of Management Studies’ or any college affiliated to the ‘Mumbai University’. As far as I know, their faculty is great.

What is the expenditure associated with the education/training of this profession, approximately?

A bachelor’s degree typically lasts for about three years. For your business administration, you’ll probably incur an expenditure of about INR 5,000–15,000 per year. This also depends upon the university you’re attending.

The fee structure for Bachelor’s of Management Studies falls in the same range too.

How does one manage to enter this field?

After completing your bachelor’s, many colleges give you placement opportunities. Or, you can start applying to the desired companies.

What is the range of remuneration one can expect when starting out in your line of career & industry?

Starting out — 1–2 lakhs per annum

5 years’ experience — 6–7 lakhs INR per annum

10 years’ experience — 9–12lakhs INR per annum

15 years’ experience — 20–25 lakhs INR per annum

20+ years’ experience — 27–30 lakhs INR per annum

The above figures vary from person to person depending upon the company one’s working for, one’s experience, the location of job etc.

Please describe your work.

As a textile commission agent, my responsibilities include booking orders for my company and taking orders from clients. Most of my work gets done through phone calls and emails.

I spend about 8–10 hours at the office and work on all days except for Monday since I’m residing in the Gulf.

I’m not required to carry out any night shifts.

What are some benefits that would encourage an individual to consider textile commission agent job?

  1. I love the fact that more people mean more clothes. Therefore, Textile is a great industry to be in. There are several types of jobs in this industry and numerous job opportunities, especially in Gulf countries.
  2. Additionally, labor is also readily available since this industry doesn’t really demand a ‘highly skilled’ labor force.
  3. As a commission agent, my income is above average. I am very happy, especially considering where I have grown from.

Can you mention a few challenges that you would want someone to be aware of if they’re considering this career/job course?

  1. The degree of competition in the textile industry is extremely intense. You ought to be creative and innovative since the trends in textile never stay constant and the market keeps evolving. You have to keep coming up with new concepts.
  2. Due to fluctuations in currency rates, the imports and exports are also affected, which may lead to losses.
  3. Work-life balance is tough, as this is a labor-intensive work.

What are some relevant trends/skills/technologies that are currently commanding a premium in textile commission agent job ?

There aren’t any trends, skills or technologies as such. You just have to master the art of being diligent and patient. Put in hard work and it’ll reciprocate!

What kind of a person, do you think, would be content in this field?

Since you’re the face of your business, it’s crucial to represent it in a way that enables the company to thrive. Therefore, a person who is good with people can win other’s trust, able to handle problems with a cool temper, work long hours would be happy in this profession.

Given another choice, what would you do differently as far as your professional selections are concerned?

No, I’m extremely content with my professional selections in life. This is because I’m really passionate about my work.

What advice would you offer to students or professionals who are just starting their journey on a path similar to yours?

If you’re selecting a particular path for yourself, stick to it for two to three years, at least. Umpteen people give up when they don’t see sky-rocketing results in the first year itself. You have to remain patient and persistent.

If you still don’t see any results after working diligently or you’re just not enjoying what you’re doing, you can start re-evaluating your professional selections and make a choice, because, at the end of the day, it’s important to prioritize your mental health and interests, too.

You may also like to check our discussion with Mr. S.K. Jain (who was head of a textile plant)