Home / Knowledge / News / Apparel/Garments / Explore new markets for knitwears - Ms Hasina, Prime Minister
Explore new markets for knitwears - Ms Hasina, Prime Minister
May '09
Explore new markets for Bangladesh knitwear goods in Middle Eastern and African countries besides western nations, said Prime Minister Sheikh Hasina to the business leaders of the country.

Bangladesh knitwear can have better business opportunities in countries like UAE, Bahrain, Jordan and in some African countries, informed Hasina while recounting her recent visit to Saudi Arabia.

The Prime Minister was speaking with a 26-membered delegation of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) at her office.

In the meeting she pointed that the focus of her government is always on the development of industries, trade and commerce as they are the key sources of country's economic growth.

The knitwear exporters demanded a 10 percent financial incentive against export performance. The total revenue generated from knitwear exports were US $5.533 billion in last fiscal year (July-June).

According to statistics revealed by BKMEA President, Fazlul Hoque, the knitwear exports of Bangladesh experienced a decline of 4.73 percent during October-December and fell by 2.56 percent in the month of February.

Hoque forecasted in the meeting that the knitwear exports would see a 15 percent decline in the three months from April. He urged an approval for the plots in Dhaka and Narayanganj for BKMEA's offices.

The BKMEA also asked for rescheduling of bank loans and reduction in bank interest rates for knitwear manufacturers as some production units have been closed and other some are surviving on marginal profits due to recession.

The knit manufacturers also demanded for a 'knit village' and support infrastructure development in the BSCIC industrial plots in Narayanganj.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Urs Stalder
Sanitized AG

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

Lynda Kelly
Suominen Corporation

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

Eamonn Tighe
Nature Works LLC

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Tony Ward
Tony Ward

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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


news category

Related Categories:
June 2017

June 2017

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


Browse Our Archives


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