Apparel Export Promotion Council Organises Seminar on ‘Promoting Circularity amongst Indian Garment industry’
27 July 2022: Apparel Export Promotion Council (AEPC) organized a brain storming session on ‘Promoting Circularity amongst Indian Garment industry’ at Apparel House, Gurugram today. AEPC has partnered with Fashion for Goods, Netherlands, for this initiative.
AEPC has started a drive on sustainability and circularity to boost the competitiveness of garment exports globally thereby making the textiles sector more efficient. Shri U. P. Singh, Secretary, Textiles made a special address during the session. The prominent industry leaders of garment trade and other stakeholders were present in the meeting.
This brainstorming session conducted with the support from Fashion for Good, Netherlands, involved all the stakeholders engaged in the garment value chain including Brand Partners (PVH, Adidas, LS&Co, TESCO, Target, Primark), Supply Chain Partners: Arvind, Birla Cellulose and Welspun India), Pre-consumer pilot stakeholders: 20 manufacturers, Technology Innovators: Reverse Resources, Matoha, Picvisa, etc.
During his address Secretary Textiles lauded the AEPC initiative and congratulated the entire team. He said,” Sustainability and circularity is not new to the country. The magnitude of waste in landfill which is presumed to be 80% is due to the textiles waste is wrong. What is comforting to us is that almost 59% is recycled and reused.” Further, the secretary remarked, the government is ready to help the industry with incentives, relevant interventions, standardization and policy support to build a viable ecosystem for a sustainable and circular economy.
Making the opening remark, Naren Goenka, Chairman AEPC said, “The major issue which has gained the attention of the global consumers is the landfill contribution made by the textile waste both at pre and post-consumer stage. Approximately, 50 per cent of the fabric is wasted during the manufacturing process and the fast fashion trends leads to 81% of all manufactured garments getting dumped as landfills either due to short life cycle after consumer use or due to excess stock.”
With global apparel market size expected to grow from $551.36 billion in 2021 to $605.4 billion in 2022 to $843.13 billion in 2026, depicting a growth of 8.6% and the Ministry support through government incentives, PLI and PM-MITRA, India with its core strength on availability of variety of raw material with minimal import dependence leading to short lead times, becomes a preferred manufacturing hub for the major international brands and retailers, Chairman AEPC added.
