Home / Knowledge / News / Apparel/Garments / RMG sector confident about Intl competitiveness
RMG sector confident about Intl competitiveness
21
Feb '08
At a seminar held on February 20, Bangladeshi exporters expressed that China may not pose a threat to domestic RMG (ready-made garment) following the withdrawal of safety measures against China by EU and US.

The seminar titled 'The future of the RMG and textile sector: Making Bangladesh more competitive' was organized by Bangladesh Enterprise Institute (BEI).

Farooq Sobhan, President of BEI, chaired the seminar. Besides, the meeting was attended by Anwar-Ul-Alam Chowdhury Parvez, BGMEA President, Fazlul Hoque, BKMEA President, Abdul Hai Sarker, BTMA President and Aftab Uddin Ahmed, UCEP (Under-privileged Children's Education Programme) Executive Director Brigadier General.

Textile and Jute Secretary Abdur Rashid Sarker also attended the seminar as special guest.

Exporters believe that Bangladesh has a strong competitiveness in the global market and in spite of the fact that quota limits for China is coming to an end, the country is likely to flourish in the future as well. To the extent that exports of RMG can be doubled, if the Government supports the local manufacturers.

RMGs of Bangladesh have a peculiarity of its own and it is based on these unique qualities that the domestic industry can assure itself increasing export orders from the EU as well as the US.

On the contrary, experts are more than just confident that China will emerge as an importing country after the removal of the safety measures.

If qualitative measures like reduction in bank interest rate, product diversification and improvement in productivity are incorporated and retained as the key policies, the country is bound to stay afloat in international competition.


Must ReadView All

AEPC concern over apparel exports fall; envoys meet CEA

Apparel/Garments | On 17th Nov 2017

AEPC concern over apparel exports fall; envoys meet CEA

India’s Apparel Export Promotion Council (AEPC) has expressed concern ...

Moody's improves India's rating

Textiles | On 17th Nov 2017

Moody's improves India's rating

Moody's Investors Service has upgraded the Indian Government’s local...

Sweden in talks with Birlas for smart textiles project

Textiles | On 17th Nov 2017

Sweden in talks with Birlas for smart textiles project

Sweden is seeking a collaborative project with the Aditya Birla Group ...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Eric Scholler
Groz-Beckert

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

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 ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

November 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
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

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
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

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
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

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
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


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