by Apparel Resources News-Desk
19-June-2019 | 3 mins read
Promoting sustainable fashion concept is the new business strategy of Aditya Birla Fashion and Retail Ltd. (ABFRL)!
And to make that happen, ABFRL is joining a unique and pioneering industry-led platform, ‘Circular Apparel Innovation Factory’ (CAIF) in collaboration with Intellecap.
ABFRL will be demonstrating its commitment to shift the industry from its current ‘take-make-dispose’ approach, to one that encourages the use of sustainable material, maximise utilization of clothing and textile and thereby promote recycling, through this association.
Such initiatives will help ABFRL retain its focus on creating significant social impact.
Delighted at the collaboration, Ashish Dikshit, Managing Director, Aditya Birla Fashion and Retail Ltd., said “We are pleased to partner with Intellecap to accelerate sustainable fashion concept through CAIF to build industry level platform for circular textile eco-system. We intend to bring forth ideas and innovation to add more strength to our pioneering work around sustainability. The association with Intellecap will help us create, collaborate and mainstream the conversation around circular economy and sustainable fashion.”
ABFRL started a unique sustainability programme titled ‘ReEarth’ in 2013. It addresses the most significant economic, environmental and social impact that humanity faces and the progress ABFRL has made so far in its sustainability journey.
“ABFRL is a marquee name in Fashion and Lifestyle, and its partnership with CAIF would help foster an ecosystem wherein not only ABFRL, but also the larger industry could potentially be recognised as the global innovators in circular fashion. Intellecap through CAIF is here to co-create innovative solutions and business models that will help brands create solutions for a more circular apparel economy through prototyping and testing,” said Vikas Bali, CEO, Intellecap.
ABFRL will support a number of CAIF initiatives such as industry convening to discuss opportunities for circularity, as well as undertake specific pilots on identified initiatives and launch brands specific challenges, under this partnership.
“Sustainability will be at the centre of innovation in the fashion industry in the coming decade and while tools and technologies will change, it will be the intellectual capital that will hold ABFRL in good stead. In continuation with our philosophy, we are partnering with Intellecap to build a positive impact for our businesses,” said Dr. Naresh Tyagi, Chief Sustainability Officer, Aditya Birla Fashion and Retail Ltd.
CAIF is India’s first industry-led platform, aiming to build a circular apparel and textile industry in India. Intellecap, supported by the DOEN Foundation launched the CAIF in 2018, as a neutral industry platform that drives the circular fashion agenda.
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