Bangladesh looks to scale up position as high-value RMG exporter in the world

Bangladesh is pursuing a vision of elevating its  position as a high value garment exporter in the world, said Faruque Hassan, President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

“We are seeking every possible opportunity to unleash the potential of the  RMG industry and take it to e garments and value addition. The prospect is bright for Bangladesh and we’re the next level with a strategic shift from volume based production to high-valuhighly optimistic about attaining our goal,”  he said.

Faruque Hassan came up with the observations while addressing the opening  ceremony of the 11th Intex Bangladesh Trade Expo organized by Worldex India  in Dhaka today, said a press release.

Mohammed Hatem, Executive President, Bangladesh Knitwear Manufacturers and  Exporters Association (BKMEA); Rajesh Bhagat, Managing Director, Worldex  India; Sunil Patwary, Chairman,

Cotton Textiles Export Promotion Council (TEXPROCIL); and Mahesh N Sanil,  Executive Director at Powerloom Development and Export Promotion Council also  spoke at the event.

In his address as the special guest, Faruque said, “We are developing partnerships with global brands, technology providers, industry associations, international organizations and other stakeholders to collaborate on building the capabilities of the industry in manufacturing high value garments, especially products made from manmade fibre and technical textiles. Also we are working on developing Bangladesh as a global hub of recycling,”

The BGMEA president said they have also taken initiatives to develop  fashionable garments linking the rich culture and heritage of Bangladesh with  fashion. “With the support of the government, BGMEA is providing training to  Bangladeshi fashion professionals and designers so that they can develop  fashionable garments using homegrown heritage materials like Muslin, Jamdani, Khadi, Silk, Monipuri etc.” he further said.

The BGMEA President said Bangladesh and India have a huge scope to complement
each other in the apparel and textile trade.

He said avenues of cooperation might include expanding business opportunities  for garment exports, raw materials supply, exchange of knowledge, expertise  and technologies that would benefit both Bangladesh and India.

Bangladesh is making all-out efforts to move to manufacturing non-cotton apparels for sustainable growth of the RMG industry, he said while inviting  investors and businessmen from India to explore the investment opportunities  in Bangladesh’s non-cotton textile industry.

So our relationship isn’t competitive, rather it’s complementary, Faruque
Hassan remarked.

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