AEPC starts incubation and resource centre in Gurgaon

With the aim to provide a launch pad for startups and requisite knowhow to set up and operate a manufacturing facility and information on foreign markets to its members, the Apparel Export Promotion Council (AEPC) has started an incubation and resource centre in Gurgaon. The centre will help entrepreneurs work, interact and accelerate their companies.

The centre will provide an opportunity to start-ups to connect with investors, mentors and corporates. The resource facility will also provide an opportunity to startup entrepreneurs to undergo training and participate in workshops and competitions conducted by the Industry partners of AEPC.

"I am glad to announce the launch of the incubation and resource facility here in Gurgaon. India is world’s second largest exporter of textiles and the textile and clothing sector accounts for around 5 per cent of country's GDP and 15 per cent of industrial output. Supporting Indian manufacturing companies to enter and expand in foreign markets is one of the main missions of the AEPC and to help the council in the fulfilment of its objective, the AEPC incubation and resource facility has been initiated," said AEPC chairman, Ashok Rajani.

"Shortlisted startups will be given access to workstations, meeting rooms, event space, and a space to unwind in within the facility. Beyond this, startups will also be given the opportunity to connect with investors, mentors, corporates and be a part of training, workshops and competitions conducted by our industry partners. Shortlisted startups will be given access to workstations, meeting rooms, event space, and a space to unwind in within the facility," AEPC said in a press release.

The AEPC incubation and resource centre is envisioned to provide information to exporters on foreign markets, to serve as a startup incubation centre and to facilitate creation of new knowledge through acquisition, organisation and dissemination of knowledge resources, which would include a wide variety of text and reference books, magazines, journals, samples, AV resources and documents on fashion history, costumes, merchandising, management and related disciplines.

"The Centre will act as an innovation hub and information dissemination centre for the innovators and industry, bridging the gap between them. The Trend forecast service which will be available at the incubation centre will help in getting insights and acquisition of knowledge on fashion trends for the coming seasons. The centre will act as a facilitator to Indian companies which can find complete knowledge and assistance services," explained Rajani.

AEPC for its incubation and resource facility has signed a MoU with 3M to establish a mutual collaboration that seeks to enhance occupational safety of workers and another MoU with association of NIFT alumni to bridge the gap and enhance the relationship between alumni of the most prestigious fashion institute of the country and the industry. 

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