Home / Knowledge / News / Apparel/Garments / Garment sector has great future – Machinery suppliers
Garment sector has great future – Machinery suppliers
06
Feb '10
International textile machinery suppliers noted that Bangladesh has better prospects at its forefront in the international apparel business.

The seventh annual Dhaka International Textile and Garments Machinery Exhibition 2010, organized by the Chan Chao International Company Ltd, a Taiwan based event management company, is to go on for four days at the Bangabandhu International Conference Centre. 750 stalls have been set up to facilitate 570 companies from 30 countries to display their machineries.

Denise Lee, Vice-President of Flying Tiger, a Taiwan-based knit machinery supplying company, and also a participant at the event, while indicating the sharp fall in demand for high end garment products in the midst of global economic crisis, stated that Bangladesh has the caliber to provide garment items at affordable prices due to beneficial factors like cheap availability of labour, coupled with the ability to create basic items.

Like Lee, many other participants too pointed towards the fact that in countries like China, Turkey, India and Pakistan wages are rising with amazing regularity, which has forced them to churn out high-end products.

Speakers at the event, mainly the representatives of the participating firms said that, next to China and Turkey, since Bangladesh is the third largest supplier of garment products, it has a chance to seize the second position in near future, if its abilities are rightly utilized.

But for this the government is required to set up an investment- friendly environment and develop infrastructure for easy functioning of businesses, they added.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson
TissueGen

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Karan Arora
Karan Arora

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
January 2017

January 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