Home / Knowledge / News / Apparel/Garments / Bangladesh apparel accessories' exports to treble by 2018
Bangladesh apparel accessories' exports to treble by 2018
16
Jan '13
Mr. Rafez Alam Chowdhury
Mr. Rafez Alam Chowdhury
Apparel accessories and packaging items industry of Bangladesh, which exported US$ 3.75 billion worth of items during last fiscal, is now looking at trebling its exports over the next five years.
 
Speaking at inaugural ceremony of GAPEXPO-2013, a four-day exhibition on garments accessories, packaging and related-machinery, Rafez Alam Chowdhury, President of Bangladesh Garment Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA), said the sector which serves as a backward linkage for the country’s readymade garment industry intends to attain a US$ 12 billion mark in exports by 2018. 
 
Bangladesh’s apparel accessories and packaging industry produces around 35 items like cartons, elastic, embroidery materials, buttons, packaging materials, interlinings, padding materials, labels, drawstrings, padding materials, sewing threads, poly bags, plastic items, neck-boards, zippers, barcodes, backboards and gum tapes. 
 
Till almost 10 years back, Bangladesh garment sector relied on imported packaging materials and accessories, but now the domestic producers are not only supplying to industries at home, but are also exporting, Mr. Chowdhury said.
 
He said the Government’s policy support initiatives like facilitating credit availability, low rates of interest and setting up a separate institute for the sector can play a major part in expediting the sector’s growth.
 
Around 1,200 members of BGAPMEA are participating in the GAPEXPO being held in conjunction with the Yarn and Fabrics Showcasing Fair and the Garmentech, an exhibition of garment and allied machineries, he said.
 
Besides Bangladesh, companies from other countries like India, Pakistan, China, Australia, UAE, Japan, Thailand and Germany are also taking part in the fairs, he added.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

Pakistan invites Chinese firms to invest in Apparel Park

At a road show to set up the Quaid-e-Azam Apparel Park, Pakistan's...

Information Technology | On 23rd Feb 2017

Lectra unveils supply chain programme for fashion industry

Lectra, the world leader in integrated technology solutions dedicated ...

Textiles | On 23rd Feb 2017

Gujarat govt announces Rs 1,000 cr package for MSMEs

In its state budget for 2017-18, the Gujarat government has announced ...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Rupa Sood and Sharan Apparao
Nayaab

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, 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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search