AEPC’s new incubation centre in Gurugram to assist start-ups connect with investors-mentors

New Delhi, Jan 1 (KNN) The new facility set up by the Apparel Export Promotion Council (AEPC) in Gurugram is to act as a launch pad for the startups – Micro, Small and Medium Enterprises (MSMEs), a release from the council informed.

AEPC recently inaugurated its facility in Gurugram region adjoining the national capital. The council has entered into collaboration with 3M, Association of National Institute of Fashion Technology (NIFT) Alumni for the new facility.

The centre is to provide a platform for the startups to connect with the investors as well as mentors that could help them achieve efficiency in the production.

Commenting over the latest development, Ashok Rajani, Chairman of the Apparel Export Promotion Council said that textile and clothing sector contributes to over 5 per cent in country’s Gross Domestic Product (GDP). Therefore it is important to handhold the units to stand as well as to face the global market and competition, with the facility in place, AEPC aims to achieve the same, Rajani said.

The facility besides training and mentoring, it will also provide information to the industry with regard to creation of new knowledge, fashion trends, marketing techniques and management. (KNN/ DA)