{"id":26377,"date":"2024-09-07T11:08:55","date_gmt":"2024-09-07T05:38:55","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=26377"},"modified":"2025-04-08T01:41:25","modified_gmt":"2025-04-07T20:11:25","slug":"visionxt-initiative","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/visionxt-initiative\/","title":{"rendered":"VisioNxt Initiative"},"content":{"rendered":"<h2><strong>About VisioNxt Initiative:<\/strong><\/h2>\n<ul>\n<li>It is India\u2019s first ever trend insights and forecasting Initiative.<\/li>\n<li>It was conceived and established at <strong>NIFT Delhi<\/strong> (Creative Lab) and NIFT Chennai (Insights Lab) with the <strong>support of the Ministry of Textiles<\/strong>, Government of India, in 2018.<\/li>\n<li>The initiative, now centralized in Chennai, focuses on delivering trend insights and forecasting for the Indian <strong>fashion and retail market.<\/strong><\/li>\n<li>It also offers various trend related consultancy services, academic courses, workshops etc.<\/li>\n<li>Its mission is to identify, map, and analyse geo-specific trends, reflecting the positive plurality, cultural diversity, and socio-economic nuances of India while collating comprehensive trends and insights.<\/li>\n<li>It combines <a href=\"https:\/\/vajiramandravi.com\/quest-upsc-notes\/artificial-intelligence\/\" target=\"_blank\">AI<\/a> and EI to generate fashion trend insights and forecasts.<\/li>\n<li><strong>Significance<\/strong><\/li>\n<\/ul>\n<p>India&#8217;s entry into the forecasting space offers multiple advantages: <strong>it reduces dependence on global forecasting<\/strong> agencies, provides unique insights into Indian fashion consumers, integrates India\u2019s strength in information technology with textiles, and combines artificial and human intelligence.<\/p>\n<p>To support weavers, manufacturers, retailers, domestic businesses, homegrown designers, and fashion brands, this report is <strong>available in Hindi and English through the VisioNxt portal.<\/strong><\/p>\n<p>The initiative empowers users to design, produce, and launch consumer-focused, targeted collections for this <strong>diverse nation \u2018Paridhi\u2019<\/strong> will mark the launch of the first inclusive fashion trend forecast by VisioNxt, along with a web portal to disseminate India-specific fashion trends.<\/p>\n<p>VisioNxt has achieved this through the development of a unique prediction model <strong>known as &#8220;DeepVision,&#8221;<\/strong> designed to decode patterns and interpret fashion trends in India.<\/p>\n<hr \/>\n<h3>Q1: What is Artificial Intelligence (AI)?<\/h3>\n<p>It is an emerging technology that enables computers and machines to simulate human intelligence and problem-solving capabilities. It involves the development of algorithms and models that enable computers to perform tasks that would typically require human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making.<\/p>\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleaseIframePage.aspx?PRID=2052272\" target=\"_blank\" rel=\"nofollow noopener\">Union Minister of Textiles Shri Giriraj Singh launches India\u2019s first fashion forecasting initiative \u2018VisioNxt\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>VisioNxt Initiative is India\u2019s first ever trend insights and forecasting Initiative.<\/p>\n","protected":false},"author":5,"featured_media":26378,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-26377","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/26377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=26377"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/26377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/26378"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=26377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=26377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=26377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}