Home / Knowledge / News / Apparel/Garments / B'desh RMG accessories sector attains self-sufficiency
B'desh RMG accessories sector attains self-sufficiency
04
Jan '12
Bangladesh is no longer dependent on other countries for its readymade garment (RMG) accessories like buttons, zippers, hooks, elastic bands, etc. as these are now produced in sufficient quantities in the country.

The Bangladesh RMG accessories sector has come a long way since early 1990s, when it was completely import dependent, to its present day capacity of being able to meet local demand.

Speaking to fibre2fashion, Mr. Safiullah Chowdhury, Chief Advisor to Bangladesh Corrugated Carton & Accessories Manufacturers and Exporters Association (BCCAMEA), said, “Almost 96-97 percent garment accessories are now manufactured locally, and this is supporting the RMG industry of our country. Several international buying houses like JC Penny, H&M, Wal-Mart, Pierre Cardin, etc. are nominating the local accessories manufacturers for their products. So, it can be said that Bangladesh has become self sufficient in production of RMG accessories.”

Explaining the growth of RMG accessories sector in Bangladesh, Mr. Rafez Alam Chowdhury, President of BCCAMEA, says, “We had very few members when our association started its operation in 1989. But today, we have about 1000 members who represent a US$ 2 billion industry. About 80 percent of our turnover is related to the garment industry while the remaining caters to other sectors like food, etc.”

“BCCAMEA members produce about 30-35 items like buttons, elastics, etc. and we are no longer dependent on any imports of accessories. The RMG accessories sector contributes about 12-15 percent to the country's garment sector,” he informs.

Talking about future of the industry, he says, “As RMG exports rise, our sector would also perform well. We have set a target of about US$ 12 billion by 2018 for RMG accessories sector. So, growth will be definitely there.”

However, the RMG accessories sector can get a further boost if the Government takes steps to support the industry. “We need policy support from the Government which will help the sector to grow more. The Government should give incentives as we are also an industry now and the market is also very competitive. The high bank interest rates and the rising cost of gas and electricity are also deterring the growth of our industry. Government support will make our industry more competitive and it will help us increase our exports,” says Mr. Safiullah Chowdhury.

Ending on a bright note, the BCCAMEA Chief Advisor avers, “I expect 2012 to be a very good year for us, as garment exports will grow and automatically accessories sector will also develop. We are hopeful that in 2012 we will get a good response from the buyers.”

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Courtesy: ITMA

Textiles | On 22nd Sep 2017

ITMA 2019 to focus on smart garment technologies

ITMA 2019, the world's largest textile and garment technology...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search