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Government invites Fast Retailing’s Uniqlo to invest in manufacturing in India (#1687107)
Published
December 19, 2024
The Government of India met with representatives from Fast Retailing’s apparel and lifestyle brand Uniqlo to invite the Japanese business to invest in the Indian market and explore the development of more natural fibres in tandem with its retail operations in the country.
Winter layers by Uniqlo – Uniqlo India- Facebook
“India is an important production base for Fast Retailing,” the business told Apparel Resources in response to a query about the meeting. “During our meeting with the Minister, we exchanged views on expanding and strengthening production in India, in line with the global growth of our business.”
The Indian government suggested at its meeting with Uniqlo representatives that Uniqlo invest in its PM Mega Integrated Textile Region and Apparel Parks, which are designed to boost domestic production and promote the use of innovative technologies in the industry. The government’s Ministry of Textiles also spoke about the benefits of channeling investment and time into the research and development of natural fibres such as milkweed fibre.
The meeting was set up through the government’s investment promotion agency Invest India and was chaired by the Ministry of Textiles’ Giriraj Singh. The government is keen to partner with large scale global fashion retailers to boost its apparel and textiles industry.
Uniqlo retails in India through its brick-and-mortar outlets in key metro locations. The brand recently launched its winter outerwear collection featuring ‘Seamless Down Parkas’ and a variety of ‘Heattech’ basics for layering, the brand announced on its India Facebook page.
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