AEPC recently organized a virtual B2B meeting between Indian apparel exporters and UAE-based leading buyers. The meeting, organized in association with Embassy of India in Abu Dhabi, saw participation of 30 apparel exporters from India and about 20 brands and buyers from UAE including top players like Lulu Group, Landmark Group, KM Trading and Apparel Group.
Dr. A. Sakthivel, Chairman, AEPC, said that India is focusing on higher value and specialized products such as manmade apparels, medical textile and technical textiles. He invited UAE brands and buyers of UAE to increase sourcing from India. UAE investors can set up manufacturing facilities in India directly as 100 per cent FDI is allowed or through joint ventures,” he said.
Sandeep Kumar Bayyapu, Deputy Chief of Mission, Embassy of India, Abu Dhabi, UAE, said their main aim is to increase exports from India to the UAE and there is tremendous potential for doing it. Dubai with its large trans-shipment port offers additional advantages as it caters to the needs of six other countries in the region.
Sudhir Sekhri, Chairman (Export Promotion), AEPC urged the UAE-based buyers to come and partner with India in building R&D, design innovation and incubation centres in India. It also urged them to build textile design, forecasting and market research centres in India for global and Indian textiles.