Besides, RIL is also adopting a B-2-B-2-C approach under its HEP (Hub Excellence Program) in which it is forging partnerships with textile manufacturers to provide technology to manufacture high performance fabrics RElan.
"We are taking the high quality and high performance products to the consumers in tie-up with the brands. We have identified certain products," a Reliance Industries spokesperson said.
The categories include denim, ethnic wear, formal wear, women's wear.
"We have already tied up with VF Corporation, which would be launching Wrangler Jeans under our fibre. They would be launching in India and Asia Pacific markets," he said adding, "We are also in advance discussions with five more brands and in times to come, we would be tying up with many more."
This co-branding exercise will give RIL a foothold in the Rs 2,50,000 crore Indian apparel industry comprising almost a 50-50 share of menswear and women swear.
"We have already identified 50-60 spinners, weavers and gramenters who could be eventually our HEP partner. Right now we have 25 and we would be collaborating lots of brands," he said.
In north India, RIL is targeting 200 textile manufactures, who can manufacture RElan fabrics.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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