AEPC organizes seminar to promote substitution for polyester fabric imports with Reliance Industries (RIL)
The Apparel Export Promotion Council (AEPC) organized a webinar to promote import substitution of polyester fabric and to explore new sources in association with Reliance Industries (RIL). Titled ‘Sourcing of Polyester Fabric’, the seminar was attended by 50 industry players.
Reliance Industries partners shared their fabric supply chain to India and updated on new fabric sourcing at the webinar.
Ritesh Sharma, Head-Brand & Retail, Reliance Industries informed, his company has launched the Hub Excellence Program to enable the entire value chain to take advantage of the manufacturing and technical support, quality and supply assurance, access to innovative products, manufacturing support, and one-stop solution for all requirements.
Roshan Baid, Paragon Apparels said, the importance MMF fibre textiles is increasing across the world as a substitute for cotton. World trade in MMF fibre garments is estimated at $500 billion. However, India’s share of MMF garments in its apparel exports is just 10 per cent.
Sudhir Sekhri, Chairman, Export Promotion Sub Committee, AEPC, appealed to Reliance Industries to divert its focus from production of fibers to high-end fabrics.