Home / Knowledge / News / Apparel/Garments / Textile & garment sector receives 50% investment proposals
Textile & garment sector receives 50% investment proposals
Apr '11
“From January 2009 to March 2011, textile and garment projects totaling to 1,198, have been registered with the Board of Investment (BOI)” – Bangladesh, revealed Mr Tofazzel Hossian Miah, Director – BOI to fibre2fashion.

The textile and clothing sector has received around 50 percent of all the investment proposals, which indicates the success of the sector in the country, considering that shipments from the RMG industry account for 80 percent of overall export revenue.

In the eight-month period beginning from July 2011, knitwear exports rose 43.93 percent year-on-year to touch US $5.8 billion, while woven garment shipments too surged 37.95 percent to reach $5.13 billion.

Bangladeshi clothing producers, numbering to around 4,700, have the all top-end retailers like Wal-Mart, GAP, H&M, Carrefour, Tesco, Metro and JC Penney as their buyers.

“In the period between January 2009 to Feb 2011, joint ventures and foreign investments totaled to Taka 100 crores. Exports from the sector are very good, so investors see very good prospects and we see it increasingly as a strong tool for the economy”, Mr Tofazzel added by saying.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson

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

Urs Stalder
Sanitized AG

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Yash P. Kotak
Bombay Hemp Company

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

Sanjukta Dutta
Sanjukta's Studio

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

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