Bangladeshi manufacturers exhibit garments in India
In a bid to increase Bangladesh's apparel exports to India, several garment manufacturers from the country showcased their creations during Apparel Sourcing Week in India. A flurry of activities – seminars, panel discussions, vendor workshops and open house were held during the 2-day expo touching all key aspects of the booming Indian fashion retail sector.
The first edition of Apparel Sourcing Week 2019 was inaugurated by BGMEA president Siddiqur Rahman and vice president (finance) Mohammed Nasir while the principal secretary, commerce and industry, government of Karnataka, Gaurav Gupta was also present on the occasion.
“India-Bangladesh relationship has grown stronger over the years and India is already a very important development partner for us besides being a vital destination for garment exports. Readymade garments today account for 84 per cent of our total exports while India on the other hand boasts of upwardly mobile and sizeable middle-class that has significant buying power. So Bangladesh can offer apparel to India at very competitive price. What’s more, our apparel manufacturing industry is one of the most sustainable in every aspect. Being a neighbouring country, we can leverage each other’s strengths and work together towards strengthening bilateral relations and business growth,” said Rahman.
“I congratulate the organisers for coming up with the Apparel Sourcing Week 2019 in Bengaluru. Bengaluru is not only a major centre for technology but also a strong manufacturing hub including apparel. Retail sector is also very strong here, and I am sure the platform of Apparel Sourcing Week would provide a win-win situation for brands and retailers while also offering new export opportunities for Bangladesh,” said Gupta, while adding that in today’s age of mutual cooperation, strong business relations between the India and Bangladesh is the need of the hour.
"Bangladesh and India share a long border and a number of land customs ports, and we have geographic advantage as well as a free trade agreement through SAFTA which came into effect in 2016. But despite all these advantages our trade has not achieved the desired level so far. Apparel and textile is a promising sector to strengthen the trade relation between the two neighbouring countries," said Nasir. (RR)
Source: https://www.fibre2fashion.com
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