Home / Knowledge / News / Apparel/Garments / Global experts show optimism on Bangla apparel sector
Global experts show optimism on Bangla apparel sector
Dec '14
Global experts and apparel retailers have shown optimism in the Bangladesh apparel sector and said that its target to export $50 billion worth of garments by 2021 could be achieved.

This was revealed in a statement from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), after conclusion of an apparel summit, which was attended by retailers and experts.

According to the statement, retailers and experts who participated in the three-day mega event held in December expressed their highly positive feedback to the BGMEA through emails.

The event was held to develop a roadmap to achieve the export target of $50 billion by 2021, in consultation with retailers and global experts.

Avedis Seferian, CEO of Worldwide Responsible Accredited Production (WRAP), said that he firmly believed the export target set by the BGMEA would be implemented by 2021.

"The export target of $50-billion set by the BGMEA could be achieved by 2021," said Arnold Marshal Zack, professor of Harvard Law School and added that Bangladesh could be a top apparel destination in South-East Asia.

"The apparel summit has also helped to develop inter-relation that would bring positive change among the people of the sector," he noted in the email.

Jean Lambert, Green Member of European Parliament for London, said that he was overwhelmed with the ambitious future plans and recommendations which came from the apparel summit.

"I am waiting to see how the plans and recommendations are implemented while maintaining sustainable and ethical standards," he observed.

VF Corporation said it would continue its support to expand business in Bangladesh and financing with low interest for factory remediation. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

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

Kerem Durdag
Biovation II LLC

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

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search