Aitken Spence Apparel, CEO, Lushan Perera. Mr. Parera mentioned, “We are looking at increasing our sourcing from India for Reliance, by entering into men’s and women’s wear categories of Gap.”
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Aitken Spence, a Colombo-based conglomerate with a presence in numerous companies together with maritime logistics, hospitality, plantations and clothes, is ramping up its attire enterprise by stepping up sourcing from India.
Aitken Spence Apparel, a wholly-owned subsidiary of Aitken Spence, is at the moment the sourcing, designing and tailoring associate for Reliance Industries (RIL). RIL is an India franchise for Gap, an American clothes and accessories model.
Aitken Spence Apparel, which has been supporting Gap’s youngsters put on class for Reliance within the final couple of years, is now planning to broaden its providing by coming into into Gap’s males’s and ladies’s put on classes in addition to into many different manufacturers offered by Reliance. The Lankan agency buys uncooked supplies resembling base cotton cloth, viscose mix and many others. from India and sells the completed merchandise again to Reliance to cater to its home and export markets.
“We are looking at increasing our sourcing from India for Reliance, by entering into men’s and women’s wear categories of Gap, soon probably,” Aitken Spence Apparel, CEO, Lushan Perera instructed The Hindu. “We are also exploring similar engagements with other large clothing brands, apparel start-ups and private labels sold online in India,” he added.
Aitken Spence has been working with Gap for the final 25 years from Sri Lanka whereas different international manufacturers on its portfolio embrace Old Navy, Next, and Lands’ End.
The firm was already in talks with a dozen attire start-ups and personal labels in Bengaluru, Chennai to discover cloth sourcing, designing and stitching engagements, Mr. Perera mentioned.
According to Mr. Perera, Aitken Spence’s current acquisition of an eight-acre garment manufacturing unit in Sri Lanka with over 500 attire designer machines has elevated its manufacturing capability considerably and likewise introduced international labels resembling Calvin Klein, Tommy Hilfiger and Ralph Lauren (Polo) to its fold.
“We have always been working only with large global brands in the last over 45 years. Our foray into India is going to give a diverse clientele and a unique learning experience,” he added.
Special materials and clothes supplies from Korea and China appeal to a excessive import tax in India. However Sri Lanka, which has a duty-free settlement with these international locations, has been ready to import these with out obligation offered the completed items are meant for export. “Indian apparel industry will hugely benefit from this tax advantage that Lanka has,” elaborated Mr. Perera.
