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Indian apparel makers eye tie-up with MMF suppliers

Apr 16, 2021
Indian apparel makers eye tie-up with MMF suppliers

Chennai

A deficit of man-made fibre (MMF) and low production quality have forced Indian apparel exporters to look for partnership with global MMF suppliers. According to the Apparel Export Promotion Council (AEPC), the Indian textile industry needs more investment, better technology and government initiatives to capture sizable share in the global MMF garments trade.

Disclosing this at a webinar on “MMF Fabric Sourcing from International Supplier’s”, A Sakthivel, Chairman, AEPC, said that Indian suppliers have been seeking help from international MMF suppliers to overcome the deficit of the fabric in the short run, and also gradually improve the quality of local production.

Indian garments, being majorly cotton-based, fail to meet the high volume of MMF demand. At a staggering $500 billion estimation for the MMF market, India fulfils only $1.6 billion of the MMF garment export. This amounts to approximately 10%, while the world trade in MMF garments is at $200 billion.

A powerful demand for man-made fibre (MMF) based apparel in the domestic and international market has led the AEPC to recognise it as a sunrise industry.

Sakthivel also emphasised on gaining investments in fabric processing in the country. India’s huge production of yarn stands futile as domestic producers lack the latest processing technologies.

To promote MMF production and textile exports, the Indian government has laid out incentives and initiatives such as the establishment of seven mega textile parks.

The webinar was attended by suppliers from China and Taiwan discussing their business and requirements from India.

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