BSS
  22 Jun 2023, 21:50

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

DHAKA, June 22, 2023 (BSS) - 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 the next level with a strategic shift from volume 
based production to high-value garments and value addition. The prospect is 
bright for Bangladesh and we're highly 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.